Iris Yao

Iris Yao Email and Phone Number

Asia Controller/GEM Operations Controller ( Stanley Black& Decker)
Iris Yao's Location
Shanghai, China, China
Iris Yao's Contact Details

Iris Yao work email

Iris Yao personal email

n/a
About Iris Yao

Solid working experience in multinational companies Mfg & commercial (mechanical, electronics & medical) more than 20 years, and 15 years more at manager level & above, key strengths as followings:• Oversaw reporting, accounting, budgeting and forecasting for SBU or regional businesses ($200M -$1B revenue).• Provided financial leadership and management for SBU or regional businesses and worked as the business partner and one of the strategic decision makers in the top management team.• Provided leadership and liaison between the regional/corporate development activities (Mergers & Acquisitions & integration, SSC) to support profitable growth in SBU or the region• Drove processes improvement in pricing, sourcing, EOL inventory and MFG costing for potential cost savings.• Assured strong governance and financial control with compliance to laws and regulations.• Strong leadership in people management, strategic progress thinking, culture respect, execution enhancement, zoom in zoom out management style, kept good record of zero turn over within my team in last more than 10 years.

Iris Yao's Current Company Details

Asia Controller/GEM Operations Controller ( Stanley Black& Decker)
Iris Yao Work Experience Details
  • Stanley Black & Decker, Inc.
    Asia Controller/Gem Operation Controller
    Stanley Black & Decker, Inc. Apr 2014 - May 2017
    Shanghai City, China
    Report to: GEM Controller Number of Subordinate: 9Reference: Stratton Brock (England), Julie Schwendimann ( US)Industry: Electronics/MechanicalResponsibilities (Asia Controller)• Oversaw reporting, accounting, budgeting and forecasting for Asia businesses• Continued to be a valued strategic Business Partner With Focus On Maturing SBD Growth Culture , • Provided leadership and liaison between the regional/corporate development activities (Mergers & Acquisitions) to support profitable growth in Asia• Maintain A Strong Controls & Compliance Environment within the region.• Drive Functional Transformation, new accounting process implement, SAP improvements, and supported SSC built up in Malaysia.• Build A Sustainable Controllership Organization, Agile, Diverse & High Performing Teams• Strong governance and financial control with compliance to local laws and regulationsResponsibilities ( GEM Operational Controller)(GEM: Global Emerging Market, includes Asia, EMG and LAG regions, promoted in 2015 from Asia|EMG Ops Controller to GEM Ops Controller)• Ownership Of Operations Accounting & Controllership at GEM Manufacturing(4 plants, one in China, one in India, one in Brazil and one in Argentina) & 21 Distribution Locations in each country • Drove Standardization | Harmonization Of Key Business Processes Throughout Segment• Oversight for Internal Controls Design & Compliance Within Manufacturing Plants and Distribution Centers (SOX, Audit)• Assisted with acquisition integration for cost accounting function
  • Oilgear Industrial Systems Group
    Asia Cfo
    Oilgear Industrial Systems Group Mar 2011 - Sep 2013
    Shanghai City, China
    Report to: VP Asia / Global CFO Number of Subordinate: 5Reference: Mr. Howie (England) VP AsiaIndustry Mechanical/ ElectronicsOverview:100 years US Multinational engineering company, main products are integrated hydraulic/electric systems, large press retrofits, pumps, valves etc. main customers are big State-owned or private companies in local countries. Mainly responsible for all financial relative business in China( one JV, one engineer company), Korea, Japan and India subsidiaries, working as one of the strategic decision maker in Asia top management team.Main Achievement:• Lead annual budget, forecast processes and built up monthly financial review process with each country heads to ensure budget achievement• Acted as business partner, assisted VP Asia to work with each country for new projects initiatives, tax design and internal pricing & order to cash procedures improvement for more efficiency and achieved cost reduction and cash availability.• Built up management accounting procedures in Asia, trained a strong finance team both to ensure the timely and accurate reporting and also can provide useful analysis and risk assessment for business decision make.• Assisting restructuring (sold one JV plant in Sandong province) and globalization of the business, leading to significant cost reductions.• Acted as a good representative of regional finance head to liaise with local government, banks , tax officers and internal and external audit teams• Excellent rating –Exceed Expectation got in 2011, 2012. Plus special bonus award for 2011.
  • Cp-Adaltis Diagnostic Co., Ltd
    Financial Controller – Great China
    Cp-Adaltis Diagnostic Co., Ltd Nov 2007 - Jan 2009
    Shanghai City, China
    Report to: Global ControllerNumber of Subordinate: 5Reference: David Gardner( Canadian) / David JiaIndustry Healthcare/MedicalOverview:• One MFG plant located in Zhangjiang, Shanghai, main products were diagnostic products & related instrument equipment, like HIV, HCV, etc, ODM and main customers were hospitals or research centres, it was the first Canadian investment in Shanghai and the mission at the beginning was to move all product lines from Italy & Canada to Shanghai and worked as the biggest manufacturing plant to support global business.• Four legal entities, one trade in HK, another in SH, one MFG plant and another JV in SH. And I also worked as the Global Costing Manager after six months I joined in when CFO found my big strength in costing and pricing which also covered oversea plants and R&D centres in Canada and ItalyMain responsibilities • Lead annual budget, forecast processes and improved monthly financial review process with functional heads to ensure budget achievement• Lead and coach SH and HK finance teams to ensure timely and accurate reporting• Manage working capital to achieve positive operating cash flow • Master cost list and pricing process set up, provide financial leadership in business model design• Cost saving analysis for R&D project and supply chain management. • Responsible for establishing, implementing, and improving internal control policies, ERP systems and procedures for cost reduction• Comply with legal, tax and customs regulations, statuary reports. Coordinate all audit activities.
  • Hi-P Electronics Limited
    Ce Financial Controller
    Hi-P Electronics Limited Mar 2004 - Oct 2007
    Shanghai City, China
    From Finance Manager to SBU Finance ControllerReport to: Global CFO/ SBU Manager DirectorNumber of Subordinate: 40Reference: Mr.Zebe ( German) / Scott Industry Electronics/PlasticOverview:• Hi-P Housing Appliance was a manufacturing company located in Shanghai Jinqiao area, main products were electronic, plastic and tooling products, OEM company, main products were Razor or related components, tooth brushes, cash box, mobile phone etc. Main customers were Gillette ,P&G, Braun, Colgate , Motorola ,Apple and etc, • I was Finance Manager for four companies in one location when I joined in Hi-P, and promoted to Regional Finance Manager after one year, added two manufacturing companies in Suzhou and Xiamen and another tooling company in Chengdu. And after 2 years, I was promoted to Financial Controller for CE BU. Added two oversea companies, one in Mexico and another in Poland. Main responsibilities: • Built up SBU Functions annual budget, forecast and monthly review process to ensure budget achievement. • Provided financial leadership to build up monthly and annual accounting and management reporting process to ensure on time delivering and reviewing with operational team. • Responsible for establishing, implementing, and improving internal control process, reset the whole ERP system (SAP) with other functional heads to make the operation more efficient and fit the quickly ramped up company at that time, and achieved huge cost reduction• Managed working capital and effective credit control to achieve better cash flow status• Provided financial leadership in the pricing process. And provided feasibility studies for any new projects.• Acted as a good representative of SBU finance head to liaise with local government, banks , tax officers and internal and external audit teams• Support CFO and Operating MD for M&A projects.( we finished the M&A project with Braun for their plant in Spain)
  • Flex
    Costing Supervisor
    Flex Sep 2000 - Mar 2003
    Shanghai City, China
    From Costing Accountant to Costing Supervisor Report Directly to: FMNumber of Subordinate: 5 Reference: TC (Malaysian)Industry Electronics/SemiconductorOverview:• Biggest EMS ( Electronics Manufacturing Service) company in the world when I was there, OEM company ,main products were electronic and plastic products,(mobile phone, printer, CDMA and transcodes and etc). And main customers at that time were Motorola, HP, Lucent, Sony Ericssion, Alcate, 2 wire and etc. The factory was a four floors building located in Shanghai Waigaoqiao free zone.• I was a Cost Accountant when I joined in Flextronics and after six months was promoted to Cost Supervisor, I was in charge of the biggest project of Motorola and meantime also needed to review other Cost Accountants’ work in my team. • I think my costing concept was much improved in Flextronics, it was extended from narrow cost calculation in state-owned company to whole value chain cost control, from pricing to logistic to production to collection. Activity Cost concept and as the key user of ERP BAAN system set up experience made me more clear about cost control. Main responsibilities • Lead annual budget process for P/L items• Drove monthly P/L review process with related business leads.( budget, forecast, actual)• Provided finance advices in best business model discussion with customers, vendors, and internal related departments for cost saving.• In charge of daily accounting work for costing, inventory, Revenue and profit, reporting, vendor and customer master data reviews • Standard cost maintain and drive monthly review process through variances analysis.• Review and finalize quotation with Project Managers• Lead EOL inventoryreview process with operation team for cost reduction and risk assessment• Key user of BAAN system, Familiar with US GAAP

Iris Yao Education Details

Frequently Asked Questions about Iris Yao

What is Iris Yao's role at the current company?

Iris Yao's current role is Asia Controller/GEM Operations Controller ( Stanley Black& Decker).

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Iris Yao's email address is ir****@****ina.com

What schools did Iris Yao attend?

Iris Yao attended Fudan University, Harebin Engineering College.

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