Molly Mao Email and Phone Number

1.Lead a team ( 20+ subordinates and 10+ SSC staff) to take care of China (incl. Hong Kong) accounting and reporting ( 11 legal entities) , including daily accounting operation , closing activities, annual audit, tax accounting, SOX implementation, and projects cross function. 2.As Finance BP to legal entity, work closely with controlling, business department to support and ensure transaction is compliance with group policy and local regulates, key focus on revenue cutoff , prudent… Show more 1.Lead a team ( 20+ subordinates and 10+ SSC staff) to take care of China (incl. Hong Kong) accounting and reporting ( 11 legal entities) , including daily accounting operation , closing activities, annual audit, tax accounting, SOX implementation, and projects cross function. 2.As Finance BP to legal entity, work closely with controlling, business department to support and ensure transaction is compliance with group policy and local regulates, key focus on revenue cutoff , prudent provision, etc.3. By financial statement fluctuation review (MoM, YoY), provide financial highlights to regional finance team before region closing, to avoid out of period adjustment.4. Tax healthcheck for mainland China entity, to seek opportunity or issue alert to reduce risk.5.By KPI setting, to monitor and evaluate share service center performance provided to China , standardize procedure both in service team and local accounting team, to boost more efficient process. Show less

Duty Senior Manager for China Accounting. During this period，lead local team transfer routine work to Malaysia SSC，and took over 1new trading company in scope.

Being Accounting Manager of 3 trading companies in Mainland China, participant 1 new company build up in business flow and accounting flow.

>Resposible for momth-end, year-end closing, monitor shared service's work and provide guidence, to ensure China book follow Corporate policy and local GAAP; In charge of inventory reserve and Transfer price computation; Review and approve Balance Sheet Reconciliation >Deliver monthly package of reporting and analysis of both management and statutory to management and regional finance, including full P/L, divisional SG&A, Inventory Cost analysis, DIOH, etc.>Prepare… Show more >Resposible for momth-end, year-end closing, monitor shared service's work and provide guidence, to ensure China book follow Corporate policy and local GAAP; In charge of inventory reserve and Transfer price computation; Review and approve Balance Sheet Reconciliation >Deliver monthly package of reporting and analysis of both management and statutory to management and regional finance, including full P/L, divisional SG&A, Inventory Cost analysis, DIOH, etc.>Prepare and consolidate quarterly Balance Sheet Review package and review with Regional Finance team on significant movement items, provide necessary explanation.>Key performer and composer of China sox 404 project, management testing and findings follow up with related party to enhance internal process improvement.>People management, as AP leader of 5 subordinates, review and arrange day-to-day AP work, team recruiting and performance appraisal.>Support External audit, review audit adjustment and SOX audit results;>Family with PRC Tax, take care of annual PRC tax filing, transfer pricing audit, tax health check, tax audit, tax saving project and tax claim.>Being Financial analyst for non-sales team, focus on SG&A AOP, forecasting, and analysis between actual Vs plan.> Show less

>Responsible for montly, year -end closing of Shanghai Branch/Shanghai Rep. office;>Consolidation of group reporting for China Holding, including monthly/quarterly/yearly financial statement and business performance analysis, ensure timiely submission to headquarter>Tax calculation and filling for Shanghai Branch, including Expatriate’s IIT, Business Tax, Foreign Enterprise Income Tax, and IIT , key contact with local tax authority.>Fixed assets management… Show more >Responsible for montly, year -end closing of Shanghai Branch/Shanghai Rep. office;>Consolidation of group reporting for China Holding, including monthly/quarterly/yearly financial statement and business performance analysis, ensure timiely submission to headquarter>Tax calculation and filling for Shanghai Branch, including Expatriate’s IIT, Business Tax, Foreign Enterprise Income Tax, and IIT , key contact with local tax authority.>Fixed assets management, and monitor yearly physical counting execution>Assist Finance Controller in actual cost of BU analysis and auunal budgeting>Finance procedure revision and implement in cooperation with internal controller. Show less

>Analyze AR movements and follow up on outstanding accounts with leasing department, assess reasonable provision for doubtful debts> Coordinate with Leasing and Legal departments in contract review> Revenue and AR collection forecast>Stamp duty calculation and claim