Manager Financial

Xiao Liu

Phone: 860-***-****

E-mail: *********@*****.***

Address : ** ****** *****, ****, ** 06001

EDUCATION University of Bridgeport January 2012 – December 2013

MBA Finance

Tianjin University April 2001

Master of Business Corporate Management

Hebei University of Science and Technology July 1997

Bachelor of Engineering Mechanical Engineering

CPA 2013

REGISTRATION

Beijing Siemens Cerberus Electronics Ltd. August 2010 – December 2011

PROFESSIONAL

Financial Manager

EXPRERIENCE

Set up budgeting model to efficiently generate monthly forecasts and annual budget

Worked with functions heads and Department Managers to accurately collect, review, and

analyze budgets and forecast data (e.g. revenues, expenses, headcount movements, Fixed

Assets); discussed with senior management and headquarter for final approval

Allocated the approved annual budget into functions and Departments., calculated hourly rate

of R&D employee and standard cost for each product, and maintained into SAP system

Set cost control procedure, implemented and monitored process controls to make expenditure

within budget

Analyzed financial performance via monthly business analysis reports; projected sales, cost

and margin trending for product segments. Compared the actual with budget and forecast,

analyzed the cost variance, identified root causes of cost variance and provided financial

solutions to management

Coordinated with stakeholders from R&D, manufacturing, global production, and oversea

headquarter to develop pricing models for new products launching; evaluated financial impact

of change for the pricing factors associated with existing products.

Ensured business activities be in compliance with laws and regulations

Consistently reviewed current processes for improvement and automation opportunities to

enhance financial analysis procedures.

WesTrac (Beijing) Machinery Ltd. March 2006 – July 2010

Accounting Manager

Managed daily accounting, prepared monthly journal entries including month end accruals,

amortizations and adjustments, reviewed account balance and analyzed main account to make

sure all transactions properly record

Directed month end closing, reconciled general ledger accounts, preliminary reviewed

financial statements and made sure monthly financial reports are accurate and timely

Reconcile intercompany transactions, assisted consolidation financial statements of

subsidiaries and preparation of monthly financial statements to headquarter

Work with subsidiaries and Business Units to prepare annual budget, provide monthly

analysis reports including actual expenditure, variance, trend, and analysis of expected and

unexpected results to managements

Represented company to interface with regulatory agencies for tax compliance purpose;

prepare and review individual and company tax returns.

Assisted the preparation of annual financial statements and footnotes in accordance with

GAAP; fulfilled requests from internal and external auditors in the completion of the annual

financial audit.

Supported setup of new subsidiaries; coordinated with marketing department to perform

review of feasibility study reports; provided financial performance forecast to support senior

management’s “Go/No Go” decision making process.

Acted in accordance with company accounting policies and procedures; recommended

improvement for modifications.

Flextronics Co. Ltd, Beijing September 2003 - February 2006

Senior Financial Analyst

Prepared monthly financial statements and intercompany transactions (based US GAAP and

local financial statements) to facilitate global financial statement consolidation.

Generated monthly forecast and annual budget; such as Income Statement, Balance Sheet and

detailed revenue, expense and Fixed Assets exposure.

Led monthly/quarterly/yearly variance analysis; calculate key performance indicators, and

reported to Asia-Pacific office and US headquarter with global template.reported to Asia-

Pacific office and US headquarter

Performed product line profit analysis reports; analyzed products profitability and cost

changes; identified the root causes for variance; coordinated with product managers and

senior managements to develop correction plans for non-profitable product lines.

Lenovo (Shanghai) Machinery Equipment Ltd May 2001 - July 2003

Financial Analyst

Prepared feasibility study report for Lenovo (Shanghai) establishment, provided

comprehensive evaluation of factors preferential government policies, manufacturing cost,

transportation lead time and freight, calculated NPV; which effectively facilitate the

establishment of the company

Monitored the process of manufacturing facility construction; performed administration of

multiple purchase orders and construction contracts.

Coordinated with IT department to set up accounting ledger in SAP.

Performed variance analysis between actual cost and annual budget, identified alternative cost

saving measures; ensured the timely and efficient completion of financial management reports.

SAP, SCALA and Microsoft Project, Word, Excel, and PowerPoint

COMPUTER

SKILLS

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