Lucian Wang Email & Phone Number

上海市

*Partner with business teams to support products to launch and enable business expansions as a core team member representing Finance Operations. Participate in developing long range plans with business.*Develops pricing analytics to measure effectiveness of pricing strategies and the impact of raw material and other cost changes on the profitability of product lines. *Identify and deliver improvements to free cash flow and operating margins through improvement in downstream results by eliminating upstream inefficiencies and defects.*Supported 6 deals of M&A cases(total acquiring amount 30mil), be responsible for due diligence, financial model validation and building internal process after execution. also help driving growth by 15% in the first year.*Lead price increase project, collaborate with multiple department including Sales, Marketing and Operation, successfully driven over 200 clients to accept price increase, doubled than previous year.*Drive digitization projects, including CRM, Pricing Tool, BI Tool, etc.

Shanghai City, China

*Sales Controller- Partner with the Sales teams to prepare budgets/KPIs and measure actual results versus forecast and target to drive desired outcomes;- Manage the financial planning process including budgeting and forecasting for all areas of Sales.- Determine an adequate price setting, support campaign development for all products and services offered and monitor the profitability of new business & campaigns;- Prepare and discuss pricing calculations, calibration and support business in using the pricing tool.*Financial Planning, Reporting and Analysis- Obtain alignment with Sales, Operation, Implementation, HR team and etc for the plan, margin, and productivity analysis;- Working with GM and CFO to close the gap between top-down target and bottom-up initiatives;- Expenses cost control drive the margin improvement;- Timely and accurate report including monthly/quarterly actual, rolling forecast.*Specific Projects- Build business model for new product to estimate future sales volume of initiatives, identify the key drivers of the volume, and then improve the volume and profit potential.- Implement and apply new business intelligence tools to drive future business development. Identify efficiency gains through automation and digitalization methods, e.g. Oracle Incentive Compensation System; Invoice Billing System, etc.

Shanghai City, China

*Drive sites to improve financial management and reporting, which includes:- Focus on key financial indicators and performance, understand how to implement financial goals.- Cash generation gap vs quarterly hurdle and recognize risks & opportunities to achieve CG goal.- Quality commentary on Profit Bridge/COGS/OH analysis.*Consolidate individual reports from 4 GBUs, 13 sites into one Asia monthly report, which includes:- Analysis and commentary on YTD and FY performance and forecast position, order book situation.- Monthly Profit Bridge/Costs/Expenses/Cash Generation/Working Capital commentary with key comments on key variations.- Consolidate Risk & Opportunity report from each site and provide Asia HR headcounts report.- Track site level monthly Rolling Forecast accuracy and on-time reports delivery.*Consolidate Asia Strategic Plan, annual budget; and Asia central budget & monthly Rolling Forecast.

Shanghai City, China

*Evaluating and controlling financial performance- Improving efficiencies and reducing costs across the business units.- Identify trends in financial performance and providing recommendations for improvement.- Coordinate with BU managers to conduct business case analysis and forecasts in key projects.- Prepare and present at BU related meetings where financial commentary is requested.*Budget management and analysis.- Design effective budget models for 8 business units.- Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget.- Identify variances between actual and budgeted financial results at the end of each reporting period.

Beijing City, China

- Support consolidation of Annual Budget on P&L, B/S and Cash flow for China region.- Prepare quarterly forecast and monthly reports reflecting order Intake, revenue, gross margin, expense, and other financial results.- Provide valuable analysis of monthly actual performance against budget and forecast.- Support standard cost calculation and analysis and to provide the necessary follow up.- Yearly hourly rate calculation.

Shanghai,China

*Cash Management- Review and drive improvements in cash management, ensuring financial obligations are met in accordance with Company policies and procedures.- Direct cash management operations to include daily cash administration, management of current accounts and bank relations.- Forecast, monitor and track cash flow (weekly, monthly, quarterly etc.).- Prepare cash flow reports, and identify and evaluate variances.*Fixed Asset Management- Record fixed assets by creating and supervising a system of procedures, forms, and controls.- Oversee the fixed asset sub ledger and associated reporting, including all related aspects of monthly financial close.- Maintain effective controls over fixed assets including monthly and quarterly analysis and coordination with internal and external auditors.*Tax related filing, annual declaration for all government certification.*Continuous improvement of management software, ERP development.

Shanghai City, China

*AR Management- Ensure timely collection of payments.- Prepare monthly, quarterly, annual AR related reports.- Monitor processing of invoices.- Negotiate with clients in non-payment cases.*AP Management- Manage accounting functions including maintenance of general ledger, accounts payable, accounts receivable, and project accounting; ensures accuracy and timeliness.- Develop, implement and maintain systems, procedures and policies, including accounts payable functions to ensure adherence to company guidelines.- Manage monthly closing of financial records and posting of month end information; ensures accuracy of financial statements.

Shanghai,China

*Verify financial statement, carry out financial ratio analysis.*Hold monthly finance meeting and summarize proposals of operation improvement. *Track and monitor the progress and performance of operation improvement project.

Master Of Business Administration - Mba, Business Administration And Management, General, Master

Bachelor'S Degree, Textile Sciences And Engineering

Activities and Societies: Students' Union,Subtitles Group