Ping Jiang Email & Phone Number

Princeton, NJ, US

Provide outsourced Chief Financial Officer services to clients in life-science, technology, and consumer packaged goods industries.

• Consolidated five legal entities in Shanghai, Beijing, and Shenzhen, including recent acquisitions and a VIE (variable interest entity) in terms of finance processes, shortened financial closing and management.
• Negotiated and selected the financial reporting and consolidation package, oversaw the requirements analysis and implementation of the system for a 3-month rollout for the group;
• Set up the accounting processes for new emerging business, built up the operation metrics and incentive structures for different levels of the new team, and optimized the operating structures that tied with strategic.
• Initiated the company’s strategic planning process, facilitated the executive group discussions, structured the company’s priorities including product development, and developed the company’s annual budgets;

Somerset, New Jersey, US

• Overall finance responsibilities for the Cayman Island holding company and 3 subsidiaries in US and China, namely Prinston Pharmaceuticals Inc, Solco Healthcare Inc, and Prinbury Biopharm Inc.
• Performed company strategic planning and developed the company’s financial forecast and valuation models.
• Revamped the closing process with proper Gross-To-Net accounting and reconciliation of external reports from wholesalerswhile reducing the closing time.
• Reviewed the tax structures to optimize overall effective tax rates and guided the company through transfer pricing reviews with external stakeholders.
• Updated the internal control process and related documentation to meet SOX requirements and formalized company’s stock compensation program and associated accounting treatment.
• Drove the company through Series C funding including going through due diligence from a Big Four firm and presented the company in various health care conferences with assistance from investment banks.

• Built a centralized factory and distribution network and grew the startup to 8 retail stores. Anchored the finance operations including accounting, budget & analysis, internal control, treasury, and tax and built up.
• Sourced potential sites for stores and factory, built framework for evaluation, negotiated rent and fees with landlord, oversaw store and factory opening, and brought new stores to profitability.
• Conducted valuation of the new startup, designed and executed tax and funding structures involving overseas holding company, took statutory supervisor role for the company to work with all investors.
• Redesigned cash management and accounting process in a small company setting, drove the forecast and budgets, implemented new costing and adjustment process, changed pricing to improve profitability.
• Selected and configured ERP system, created customized reports with focus on enhancing productivity and lowering waste and shrinkage, developed analytical tools to improve in store sales and availability;

Welwyn Garden City, Hertfordshire, GB

• Built and directed the international finance and audit team of 15 members in Beijing, Shanghai, and Seoul plus co-sourced staff to provide coverage for China Trading, China Property, Homeplus and Tesco Japan business.
• Drove the enterprise risk management efforts for Asia, facilitated the discussion on risks at the Executive Boards for business units and at the Asia Regional CEO meetings.
• Recruited, trained, and developed teams and strengthened the draft and execution of the international and IT audit plans with new approach to improve alignment with the corporate strategic objects and business needs.
• Developed audit plan based on the risk assessments, executed the high risk audits, increased coverage in high risk areas by 67%, and received recognition for quality results by the Audit Committee.
• Conducted special reviews on China Property operations including property research, property acquisition, construction management, mall management, and investor relations with outside JV partners.

Warsaw, Indiana, US

• Built and directed the international audit function of eight members in Chicago, Singapore, and Zurich plus co-sourced staff and supervised financial, operational, compliance, system audits, and consulting projects.
• Drove the enterprise risk management efforts in full life cycle and developed comprehensive approach to ensure the risks were adequately identified, prioritized, and addressed in management action plans globally.
• Launched financial due diligence reviews for potential acquisition targets on global basis. Advised management on accounting and operational observations and trained staff.
• Pioneered process improvement reviews on product development and launch with Six Sigma techniques, and guided teams in devising deliverables and control solutions with consultative approach.

London, GB

Managed engagements in project/program management, enterprise risk management, merger & acquisition support, and financial audit support service lines for clients in manufacturing and consumer business industries.

Bentonville, Arkansas, US

Responsible for the 40-people internal audit services in Asia Pacific retail markets and Global Procurement operations and led special project with strategic and operational reviews to support the executive sponsors.

Worldwide, OO

Supply Chain practitioner with focus on Consumer Business clients. Responsible for delivering strategic reviews and assessments, building up business cases, analyzing clients’ business processes, and leading teams on system analysis, design, construction, and/or quality assurance.

GB

Focused on emerging technologies in the E-business group and specialized in custom web application development and B2B package customization, and walked through the whole system implementation cycles.

Performed statutory audits in accordance with International Accounting Standards, analyzed client business processes, and performed operational effectiveness reviews.

Mba, Finance & Strategic Management

Master Of Science, Accountancy & Management Information Systems

Bachelor Of Economics, International Trade

Education record