Joan Meng Email and Phone Number

Dorel group is a Canada based/listing company, and the global market leader in juvenile, furniture and sport industry. Led costing related duties for all manufacturing facilities across China Designed and launched consistent costing strategy for China business Led and built up transfer pricing strategy and methodology with Canada headquarter, American and European affiliated companies Drove standard costing and batch costing policy and settlement to achieve best cost efficiency Conducted comprehensive BOM, scorecard/KPI variance analysis on material & labor costs （including procurement saving） Identified and implemented cost reductions and profit improvement by developing solutions with operational department Regularly maintained standard cost system to eliminate substantial cost variance to allow acceptable tolerance for overhead absorption rate Led the launching of ERP system (JD Edward) across the company  Conducted annual budget, monthly forecasting and profitability analysis Managed Treasure for all BUs in Asia, explored financing opportunities by closely working with banks and other financial institutions Proactively supported FP&A, reporting, internal control/SOX and accounting team.

A Taiwanese Group introducing Japan skin-care products to China market.Reported to CEO in China and Group CFO in Taiwan, assisted to oversee the overall business direction and strategy, the development and implementation of the group’s financial strategy, planning, monitoring, management and financial reporting, internal controls as well as statutory and regulatory compliance.  Led and built the annual budgeting process by defining budget guidelines, analyzing revenue and cost projections, and conducting budget review smoothly Drove company’s profitability improvement by solid analysis and KPI launching Enhanced the control environment to mitigate business and financial risk, identified and implement best practice to improve efficiency Conducted comprehensive business study and assessment on market opportunities and investments  Proactively supported marketing team to explore potential China markets Explored all financing opportunities by closely working with banks  Led all tax saving study and planning for best tax structure  Assisted CEO to launch regional agents and open new stores across the country.

A Hong Kong listed company and market leader in juvenile business in China.Full Financial and HR responsibilities for international market (including oversea subsidiary and GB Hong Kong), directly reported to group CEO based in USA.  Played critical key role from finance perspective for Goodbaby's IPO preparation, and one of the key team to make GB successfully been listed in Hong Kong stock market in November 2010. Interlocked with cross function teams to drive profitability, liquidity and growth; continually seeking to improve service level and reduce cost.  Drove the finance rhythm across the International Market to achieve its business & financial goals.  Managed the reporting of accurate and timely results that provide insightful commentary to the management (e.g. reviewed scorecard for each sales team every month for sales, cost and variance analysis),  Led the annual budgeting process by defining budget guidelines, analyzing Revenue and cost projections, and conducting budget review smoothly.  Partnered with Marketing and Sales Directors to provide transparency, predictability and accuracy of three-month-rolling forecasts and biweekly outlook to drive accuracy. Reviewed big cost variance with factory accounting managers and helped them to identify areas need to be improved during production.  Enhanced control environment; introduced SOX components to strengthen the control. Supervised quarterly review and year-end audit with CPA firm and led MD&A on needed basis. Coordinated with credit and insurance company to mitigate credit risk.  Created respectful and trusting team environment (25 staff) through effective coach and career development activity.

An American company in fashion and footwear industry, headquarter in NY with two manufacturing companies and one trading company in China, global sales around $200M.In charge of one trading (Waigaoqiao Free Trade Zone) and two manufacturing companies in China (One in Qingpu, Shanghai and the other in Huzhou, Zhejiang Province), reported to CFO and CEO based in USA.  Led the implementation of finance system restructuring for Asia operation to satisfy both USA head office and local government requirements Supervised FP&A team to consolidate financial statements Conducted annual budget, rolling forecast, cash management and global finance; performed sound business analysis for top management decision making, to ensure business compliance and healthy growth Supported top management for the strategic planning and transferring price Led the set-up of Activities-based-costing and inventory control system to improve manufacturing efficiency by working closely with purchasing, manufacturing, shipping and warehouse departments  Reviewed tax refund procedure and improved purchase and sale cycle to ensure getting tax refund in 30 days.  Built-in controls to minimize operation risk and financial risk.  Supported start-up of Huzhou factory in finance, foreign currency and annual audit.  Coached and supervised accounting team to ensure the smooth routine operation, implemented the best practice and improved working efficiency and team synergy (25 people)Main Achievements:  Stopped outsourcing accounting to local CPA firm Built-up ABC costing system for the factory from scratch Established relationships with new banks and got new facilities of $ 4.5M for Shanghai factory Improved tax refund procedure to make sure money back in 30 days

A textile (cashmere & knitwear) trading group with head office in Los Angeles, with annual global sales$100M.In charge of four offshore trading companies and two representative offices, reported to CEO based in USA and Finance Director based in Shanghai.  Led the new system setup and integration in China, and smooth transit of head office function from USA to China; reviewed internal control to fully comply with US GAAP and GAAS requirements  Provided strong business partnering with CEO and FD to ensure the achievements of finance and business goals Performed treasurer role—to ensure forecasting accuracy and maximize cash flow—responsible for cash management and OWC loan with bank in USA Supervised FP&A team on all routine finance/accounting works, including accounting and taxation Conducted sales, cost and RAD analysis (prepared scorecard for each New York sales team every month)  Traveled to USA every three months to coordinate quarterly review and year-end audit with CPA firm in Los Angeles Built-up and coached a strong finance/accounting team (12 people) Main Achievements:  Led the seamless transit in two months to move finance function from Los Angeles to Shanghai and saved labor cost of $1M every year Trained Chinese staff to do accounting and AR factoring offshore Maintained good relationship with USA bank and minimized the credit, FX and interest risks, maximized return of idle cash and ensured the treasury-related compliance.

One of the top 50 CPA firms in USA. Filed individual, C corp. and S corp. tax returns (Pro System FX tax). Conducted independent audit (ePace) for clients after tax season. Provided tax planning and consulting services. Provided other accounting services.

One of the largest state-owned groups in China with subsidiaries and factories across more than40 countries; annual sales were about $1 billion before year 2000.Treasury Manager 1997--2000 Managed fund for group business operation at $1 billion size. Maintained good relationship with local and foreign banks. Assisted top management to make financing and investment decisions. Worked closely with factory GMs to ensure funds were properly invested and maximized returns on investments. Led loan interest analysis and investment analysis, saved millions of interests in RMB.Accounting Manager 1994--1997 Supervised accounting team compiling and consolidating financial statements for group. Preformed financial analysis and budget/forecast for management. Proactively involved in implementing Oracle for the Group. Performed internal audit for overseas branch companies and retail stores.Senior Accountant 1991--1994 Processed daily accounting activities, such as G/L, A/R. A/P and monthly bank reconciliation, etc. Prepared financial statements consolidations and ratio analysis. Assisted setting up and running new retail stores. Processed tax refund, custom clearance and foreign exchange analysis. Processed import LC payment and export collection, aging analysis and credit control.