Tao Ji Email & Phone Number

Reporting to Corporate Controller. Lead entire China finance teams to work closely with general manager, sales, marketing, manufacturing and corporate finance teams to deliver overall China strategy and revenue goals with yearly turnover of about $20M. Fully responsible for P&L, balance sheet, treasury, tax, payroll, audit and accounts receivable/payable. Provide strategic advices to corporate and China management teams to improve sales and manufacturing efficiency to ensure overall success of China operation.• P&L Management: Manage full P&L with about $20M revenue. Worked closely with sales and production to ensure sales target and gross margin are achieved.• Cash Flow Management: Developed cash flow rolling forecast process and managed cash flow efficiently.• Strategic Planning: Prepared 5 years strategic planning. Provided SWOT analysis to senior management as reference of implement action plan. • Operating Budget: Led annual operating budget process with new measurements of. Worked closely with both entities in China to ensure alignment and consistency of annual budget.• Auditing, Internal Control & Compliance: Ensure all company procedures are updated, and been followed. • Team Development: Ensured best practice sharing and cross location learning among China finance teams. Developed hiring and talent retention strategies to build a highly efficient and dedicated finance team.

• Business model: Partner with GM to develop business and pricing model for all products within 3 months. • ERP (Enterprise Resource Planning): Implemented ERP system in the new company within 5 months, and went live before sales.• Operation: Set up and optimized sales operation and after sales processes.• P&L: Ensured sales target was met, and COGS controlled in budget level. Made sure SG&A match with sales revenue, and operating result above budget.• Working Capital Management: Optimized inventory level and reduced DSO from 150 days to 90 days.• Promotion: Promoted as Acting General Manager between Oct 07 and Sep 08. Led the company to increase sales revenue by 20%. Turned the company into profitable business under worldwide financial crisis.• Budgeting: Prepared annual budget and presented to the board for approval. • Reporting: Defined and developed reporting tools to generate corporate reporting package and management reports. Provided management reports to sales & marketing team regularly, helped sales and marketing team to improve sales efficiency.

1st person hired in Roca China. Responsible for all aspect of building the new manufacturing plant and production capability. Worked closely with local authorities, banks and sub-contractors in land leasing, bank loan, recruiting, training, equipment procurement and installation, etc. Established and managed financial system from scratch. • Production Plant Set-up: Played a key role in setting up the new manufacturing plant with the total investment of $50 Million. Started production 10 months from signing land lease.• Administration: Ensured the company obtains all legally required documents for various authorities. • People Management: Defined the company’s organization and headcount structure according to the business plan. Hire and training 100 staffs. Established a high energy finance department• Budgeting: Prepared and delivered annual budget & strategic business plan.• Reporting: Established detailed financial reporting system and working capital management process.

Reported to EVP Greater China-F&A. Worked closely with different Business Units to prepare budget and long term business plan. Fully responsible for all financial issues for 3 companies.• Leadership: Managed 3 entities: ATOFINA (China) Investment Co. Ltd., Shanghai Branch, ATOFINA Shanghai Representative Office, ATOFINA (Shanghai) Distribution Co. Ltd.• People Management: Managed the Finance Department (including MIS Department) and supervised 5 staff members. Re-organizes the finance department with the improved efficiency. • Business and Financial Analysis: Set up a comprehensive Business and Financial Analysis system. Provided more precise and useful information to the management.• Cost Analysis and Control: Create a new cost allocation system to allocate costs to different Business Units to better understand and control cost.• Credit Control: Set-up and implement a new credit control system for the trading company to better control business risk. • Budgeting & Long Range Planning: Developed annual budgeting and 5-year Long Range Plan.• Information System: Successfully lead a team to develop the information system for ATOFINA (Shanghai) Distribution Co. Ltd. (A subsidiary engaged in import and export business) within 3 month.

Reported to General Manager. Actively involved in business development, budgeting, costing, financing and new projects.• Leadership: Managed 3 entities: ATOFINA (China) Investment Co. Ltd Changshu Branch, ATOFINA-3F Fluorochemical (Changshu) Co. Ltd., ATOFINA (Changshu) Chemicals Co. Ltd• Financial Reporting: Issued all financial reports to parent company. Reviewed and consolidated the General Ledger, issued monthly consolidation of financial statements, analyzed Balance Sheet and Income Statement key ratios. Designed and built Computerized Management System in accounting.• Budgeting & Long Range Planning: Worked closely with General Manager in annual budgeting and 5-year Long Range Plan.• Business & Financial Analysis: Reviewed all A/P and A/R. Analyzed financial reports, rated commercial risk of customers (Credit Control). Conducted break-even analysis and variance analysis, initiated cost control plans for new construction projects.• Financing: Negotiate with Local Banks to get most favorable loan for working capital• Tax: Supervised tax filing and payments, such as VAT, Withholding Tax, Income Tax, and Stamp Tax. • Auditing: Facilitated PWC/AA/KPMG year-end auditing.• Process Design: Designed computerized database to manage Time Sheet, Leave application, monthly payroll, incoming and outgoing invoice registration. Set up Computerized Payroll System. Worked closely with Sales & Marketing Managers to design and install a Sales & Supply Procedure within 2 weeks. Set up company financial procedures, purchase requisition procedure, signature rules, and business travel. Designed and built Client Credit Control System.

• Managed assets of $10 million, supervised assets registration, distribution, disposal, transfer, issued monthly Statement of Fixed Assets and Accumulated Depreciation, assisted Finance & Administration manager in fixed asset reporting.• Inspected Purchase Department for cost control in assets purchasing. • Launched a new system of inventory control, and effectively lowered the company’s inventory cost by 20%. • Supervised a team of 7 staffs.

Participated in development of CADIS for Marine diesel. Assisted the project leader in designing work plan, job assignment and time table. Coordinated between team members to ensure project progress.