Steven Xu Email & Phone Number

Guangzhou, Guangdong, China

Later, I stepped into the next position: Management Accounting Manager along with our company expansion.WAM - Cost Deployment:- In Worldclass Armacell Mindset program, being Cost Deployment pillar leader- Cost structure and losses analysis for the plant- Attacking losses by the projects identified from WAM CD activities- Data quality checking for AIMS system go-liveBusiness partner:- Developed review / controlling reports for business needs- Close monitoring in both business and operations- Being an important navigator for the company- Internal control settings and regulatory compliance

Guangzhou, Guangdong, China

Shortly, I was promoted to a new position and focused on costing.Standard cost budgeting:- APAC sales budgeting and capacity considerations between the plants- Actual production performance review and standard cost settings- Cost saving plan identified and production variances calculations- Assistance / supports to other plant for year-to-year changes analysis- Calculated and communicated the Transfer Prices with GroupCosting analysis and reporting:- Estimated standard cost for new products and maintained in SAP- Provided profitability analysis for management decision making- Delivered qualitative and quantitive costing analysis reports- Inventory management. Daily inventory reports for both plants in China; reviewed slow moving stocksChief accountant for Armacell Japan:- Responsible for month-end closing, prepared Hyperion data- Expense analysis and control- Completed annual budgeting and quarterly forecast

Guangzhou, Guangdong, China

After EY, I started my commerial journey as Business Analyst in Armacell (a world leader in flexible insulation foams).Business analysis:- Be responsible for 3 local entities sales and standard margin (finance account)- APAC sales and standard margin consolidations (management account)- Detailed sales and standard margin analysis- Sales and standard margin budgeting / forecasting- Selling price trackingTaxes involvement:- Transfer Pricing Documentation. In charge of (and worked independently) preparing the TPD to national tax bureau- Provided professional opinions on tax issues, based on the knowledge and experience gained from EYAudit and accounting involvement:- Internal controls and control points. Identified the weakness in internal controls when dealing with normal transactions; assisted to set up appropriate control points accordingly.

Guangzhou, Guangdong, China

As my career begining, professional working style was bulit. Thanks to EY!IPO engagements: - Led the audit team of 10+ as a field-in-charge - Issued Accountants’ Report to the Prospectus, bulk-printing - Worked with other professionals in IPO - Real estate & chemical industries involvedFinancial Audits: - Led HK (and Singapore) listed companies year-end audits - Consolidated financial statements and notes - Proposed management letter points - Retail & manufacturing industries involvedSpecial Audits: - Profit estimations and indebtedness assessment - Identified and evaluated the effectiveness of internal control - Proposed management letter points