internal control manager

Job Description

Top Luxury Company

Job Summary:

• This position is responsible for maximizing return on financial assets by establishing financial policies, procedures, controls, and reporting systems.
• This function will achieve budget objectives by scheduling expenditures; analyzing variances; and initiating corrective actions.

Key Duties Responsibilities and Accountabilities:

- Procurement control

• New vendor verification and approval - vetting, due diligence, fact checks, background checks
• Contract checking, controlling of invoices, price comparison, etc.

- Financial control

• Oversee all accounts, ledgers and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
• Responsible for all accounting aspects, including but not limited to accounting estimates and inventory valuation
• Administer Travel & Expense control measures
• Oversee cash flow planning and asset management
• Responsible for accurate accounting control
• Control all facets of lease management and rental agreements
• Oversee tax compliance, filing and appeals process, including reviewing and reconciling corporate tax provisions and supporting tax audit compliance process.
• Manage commercial banking relationships, ensure accurate and timely reporting and facilitate appraisals and field audits
• Ensures proper filing of all tax returns and other government-mandated reporting
• Interface with outside audit firm(s), banks and lessors, and credit card companies
• Coordinate the provision of information to external auditors for annual audit
• Guides financial decisions by establishing, monitoring and enforcing policies and procedures
• Directs and coordinates company financial planning and control functions
• Prepare schedules; collecting, analyzing, and consolidating financial data; recommending plans
• Serves as primary legislative liaison relative to company financial issues
• Complies with state, and local legal requirements by studying existing and new legislation;
• Enforces adherence to requirements; advises management on needed actions

- Key Job Relationships:

• Regional Sr. Director for Finance
• Regional Manager for Financial Planning & Analysis
• Head Quarter Finance Team
• China Finance Team
• China Retail Team
• Other Departments in Shanghai office

- Job Qualifications: 

• Bachelor Degree required, Master's Degree or CPA a plus
• 5-10 years' experience
• Luxury industry experience a plus
• Knowledge of finance, accounting, budgeting and cost control principles
• Ability to analyze financial data and prepare financial reports, statements and projections
• Develop short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis