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COVER LETTER
(YoungBum Han)
Your requirements for Management Officer will surely emphasize your need for a thoroughly competent person with proper functional & technical expertise, right leadership and high ethical standard as well as good enough practical experience and surely some more. On top of technical skill, position might need to demonstrate proper success behaviour like long term vision, consideration, team development and building, planning and execution, forecast and report, stakeholder communications and reviews, intra/cross functional communications, operation evaluation and so on.
Would you please take a moment to consider my qualification?
Your worldwide success, reputation and achievement look phenomenal as a Company in the industry you are in and all these recognitions are inspiring and captivating me for times due to its business nature and another opportunity and potential for success. When I’ve heard you are looking for top calibre talent in Management it seems too good opportunity to pass up as it is the type of Company I want to have and type of job I can contribute a lot ethically, productively and innovatively by putting all my experience & expertise on the line. I want to take part in to be an effective resource and to make an excellent addition to the Company’s next level of growth trajectory.
Having experience throughout my career within well structured, disciplined multinational corporate environment, I am quite confidence to quickly grasp at what is required of the job assigned to me with more certainty and less stress and am able to provide global management service being a world class strategic Biz partner providing competitive advantage to the Company and create maximum companies stakeholder value. Insight I will bring, advice I will impart and solution I will provide will be an excellent addition to your next level of growth momentum and I am comfort around higher Management and people at all level, I can craft approach likely to be seen as appropriate and positive to ensure successful achievement of plan, communication of result and supporting requirements. .
Change come about, quite often, it goes with big challenges, it always does. Whenever I face such a challenge, I always recall the case (project) we succeed in achieving what has often seemed impossible at first.
Followings are some core competencies;,
-Competent Business Acumen
-Breadth of experience working with different Biz model (Network & F2F Marketing)
-(New) Business Development (New channel develop. Sales Organization change to optimize)
-Proper Functional and Technical Expertise and Skills (CFO & COO)
-Comfort around Higher Management and People at all level
-Strong Advocator for Customer Focus (Internal & External)
-Labour Union (Hundreds of people) control, pampering, communications, Negotiation, compromise.
Even I would be little stranger for your Company at this point of time, however, I firmly believe that I will be able to fully meet/exceed your requirements and expectations only when I work with sincerity, diligence and responsibility. All our effort together will pay off with continued business success in Korea.
Hopefully, all my experience and expertise can prove that I am best suited to do your opening.
Faithfully yours,
YB
Han, Young Bum
(MBA, AICPA)
DOB : 1969
JOB OBJECTIVE
CFO /GM Finance / VP Finance
PROFILE
Self-starter, Highly motivated, Energetic and Proactive, Result-oriented and Performance-driven. Hands-on aptitude in nature but Cooperative and Team player as well. Good communicator and Help others focus on a goal and Motivate them to attain it. Also strong Advocator for customer focus. Empathic & Horizontal leadership, Strategic thinker, Learning on the fly, Well rounded and get along with anyone and keep good chemistry people at all level.Man of humor, Cool even under pressure, do not become defensive or irritated when times are tough, Positive thinker, handle stress and do not show frustration. Nothing daunted by any form of failure. Be punctual, Meet commitment, Solve the problem, Get result, Make a difference, Rapid change is the best friend (4th industrial revolution challenges, Untact economy post cororna era).
CORE COMPETENCIES
AICPA – Delaware, USA May 2003 - Excellent communication skill bilingually
Strategy Formulation - Negotiation
Strong Business Acumen - Visionary Leadership
Organization Restructuring. - Hands-On Aptitude
Self-Starter and Highly Motivated. - M&A / Spin-Off / Separation Experience
(New) Business Development - Strategic MKT development & Oversee S/M
Diverse field tax audit receiving experience from NTS
Strong Advocator for Customer Focus - Global Perspective
Enterprise Risk hedging consultant . - A/P region responsible as CFO (Vietnam, Taiwan, Philippine) -A/P region responsible as Internal Auditor (6 countries)
EDUCATION
1994 - 1997 Graduate School of Choong-Ang University in Seoul, Korea
MBA
1990 - 1992 Georgia State University, in Atlanta, USA
MBA
1984- 1987 Chun-Nam National University in Kwang-Ju, Korea
BA in Business Administration (Accounting)
OVERSEAS ASSIGNEMENTS
1989/9-1991/6 OJT in Internal Audit & Control at Delaware USA, HQ of DuPont
1997/2-1998/7 OJT in Credit management at Singapore at Dell
1997/8-1999/1 OJT Manufacturing process/cost at Penang, Malaysia, Dell
SUMMARY OF EXPERIENCE
2020/ 1 ~ Present JH Consulting Inc. (Korean Company)
2010/ 8 - 2020/1 Omya Korea Inc. - CFO & COO- LSE listed (Swiss base)
2003/ 5 - 2010/6 Herbalife Korea Ltd. CFO & COO - NYSE listed (US base)
1996/ 2 - 2002/8 Dell Computer Korea Ltd.(and Singapore / Malaysia) – Finance Controller - NASDAQ listed (US base)
1989/ 3 - 1996/1 DuPont Korea Ltd (and USA). - Finance Manager - NYSE listed (US base)
1987/ 3 - 1989/2 DOW Chemical Korea Ltd. - Finance Supervisor – NYSE listed (US base)
DETAIL OF EXPERIENCE
2020/ 1 ~ Present JH Consulting Inc. (Korean Company) Vice President
Business in Korea: Management Consulting, Government R&D support fund for SMEs
Designation: Vice President
Responsibilities: Overall management, Sales, Management Consulting (IPO, M&A, IR, Deal structure etc.), Government funding (endowment) Consulting (4th industrial revolution embedded new product development), Overseas market development, Business Development, Hiring top caliber seasoned Ph.D.(specialized in 4th industrial revolution)
Aug. 2010 – Dec. 2019 Omya Korea Inc.
Business in Korea: Inorganic chemistry products Manufacturing (3 Mfg. plants, 5 Mines ) and S&M
(Application: Paper, Polymer, Construction, Medical, Biotechnology)
Designation: CFO & COO and controlling Korea
Responsibilities: Strategy formulation, Negotiation, Finance, Legal, IT, HR (+ G&A), Purchasing, Logistics, Strategic Marketing, Business Development, Company Promotion, Media Handling
Responsible for all financial, operational and Ad-hoc reporting requirements
Prepare Annual and Mid-term Business Plan & Contingency Plan and Long term strategy
KPI and BSC Implementation for adequacy measurement of performance
Set up IFRS (International Financial Reporting Standard) and Implementation
Develop Global matrix reporting system
M&A for 2(two) Mfg. plants in China (Oversee 1. Proposal summary 2.Mgmt team 3.Company background 4.Overall strategic goal 5.Product specification 6. Market information 7.Operation overview 8.Competition 9.Finance 10.Financial Statement
Set up Korean SOX compliance documentation
Business Developments (Applicable Industry development > Construction & Polymer & Medical & Biotechnology) :
Beta Cost analysis and Justification for Joint Project with Major Customers (New Biz development & Develop Local Operation Policy and Procedure to improve local customer responsiveness
Growth) – Cost sharing & allocation Big negotiation with major customers in favor of OMYA.
Main contact for Labor Union (Control, Pampering, Communication, Negotiation, Compromise).
Hyperion Implementation (Business analysis tool)
Transfer Price Ruling Documentation to prevent potentially challenge of TP from NTS
BPR (Business Process Restructure) by identifying areas to be downsized, expanded, eliminated and reorganized.
Set up ERP base STD Costing system
Shorten monthly closing from D+7 to D+2
Strong Working Capital and Inventory Plan to improve company liquidity
ERP (BPCS) integration into ERP (SAP)
Implement Global Job Grading System for HRM
Design HRD / BSC / MBO for improvement performance measurement criteria
Enforce CRO (Cost Reduction Opportunity) and Implementation to enhance profitability
Promote Company Communication (MC/PR) and Develop the plan to be upgraded
Reason for Leaving: When I’ve heard you are looking for top caliber talent in Finance as CFO, it seems too good opportunity to pass up as it is a type of company I want to have and type of job I can contribute a lot.. The insight I will bring and the advice I will impart and solution I will provide, hopefully, make a significant impact on the Company’s next level of Growth
May 2003 – Jun. 2010 Herbalife Korea Co., Ltd
Business in Korea: Global group of Health care & Cosmetic products (Global nutrition products, Protein Shakes &Snacks, Vitamin & Dietary supplements, Energy & Fitness drink, Skin & Hair, Cosmetics)
Designation: CFO & COO
Responsibilities: Strategy formulation & Execution, Negotiations, Finance, Legal, HR, IT, Logistics, Governmental Affair
Set up US-SOX compliance documentation and maintain with periodical audit
Prepare Annual and Mid-term Business Plan & Contingency Plan and Plan “C”
Transfer Price Ruling Documentation and Treat all tax exposures to be minimized
Implement Citi Direct CMS (Cash Mgmt System) and Streamlining Treasury process
Set up SCM (Supply Chain Mgmt)
KPI and BSC Implementation for adequacy of performance measurement and incentive scheme.
Project management for new concept store for all products
Feasibility analysis and report for new product launching for profitability in short & long term
Regular business & operation meeting with representative of distributor members (Marketing Plan adjustment, persuasion, negotiation, compromising)
New business channel development (Channel marketing (F2F) under strict governance)
Set up vertical retail channel strategy and negotiate for space/location and terms and condition
Win NTS international and domestic field tax audit (TP, Corporate tax and VAT etc.) – $ 15M imposed
Win Custom duty field audit from SOC (Seoul office of Customs) - $ 8M imposed
Business support for growth by developing diverse finance strategies
BI (Business Intelligence) and Global HR system implementation
Support Legal & Admin. and Staffing
Accomplishments: Organization Restructuring / ERP implementation / BI implementation / /Hyperion implementation / Transfer Pricing with NTS / Custom dutiable value set-up with SCO / Inter-company upgrading / SOX compliance / Internal Audit compliance / Local policy developments / Global HR system set up / Adding Branch office establishment within Korea territory / Internet ordering system upgrade / Warehouse movement for profit enhancement / Distributor incentive scheme change for revenue growth / Slow-moving & Obsolete inventories Mgmt / Cannibalization analysis / Outsourcing for low valued & duplicated & repeated works / Systemized business plan (budget) process / Inducement of huge amount of Capital injection (10M $) from HQ / Country Chairperson to lead TFT (Task Force Team) for collection, review, evaluation, selection and recognition of employee’s innovative ideas, suggestions for growth, profitability and liquidity
Reason for Leaving: Under global restructuring and retrenchment strategy, there was global Biz territory adjustment and as a result, Korea became under control of Japan and part of Japan territory, means, function of Korea operation has been downsized and most of Mgmt leadership has been transferred to Japan in general. My scope of responsibilities and motivation were sharply exposed to this global adjustment (De-motivation).
Feb. 1996 - Aug. 2002 Dell Computer Corporation
Business in Korea: Computer Sales & Marketing and Services (H/W & S/W)
Designation: Director & Finance Controller
Responsibilities: Finance, HR, Logistics, Legal, IT
Handled all company start-up/registration activities to promote organization to concerned parties
Restore financial integrity from historical legacies
Annual Business Plan prepare and be approved from BOD
Optimize the company’s return on asset
Business Risk Mgmt: Foreign Exchange, Insurance, PIP, Credit, Contingency plan and Disaster recovery
Achieve country balanced priorities (Growth, Profitability, Liquidity)
Eliminate inefficiency systems that discourage productive work by adopting lower outsourcing resources and Customer Mix and Product Mix
Jointly Design and Develop Korea Technical SVC leveling plan and pricing
Country championship to implement ERP (Oracle system) and :Get-Paid”(SW) Implementation
Execute annual and long term strategic business plan and Determine its reasonableness and integrity to ensure that they represent an equitable basis for performance evaluation
Introduction and Implementation of EVA base Mgmt
Weekly, monthly and quarterly financial and operational forecasting and Review its accuracy level to suggest method of improving FCST process as appropriate by diverse Biz support from finance perspective
Evolve product pricing strategy to help Biz group to achieve profit and market share target
Formulate company performance target, measurement criteria and incentive scheme
Strong Working capital management
Credit management (DSO improvement from 100 days to 35 days)
Support corporate balanced priorities (Growth, Profitability, Liquidity)
Comply with FCPA (Foreign Corruption Practice Act)
Take a local initiative of Global Organization Development program
HR Operation and Advisory & Communication to Mgmt Group in HQ
Accomplishments: Market justification review for New Product launching/ Develop Lease/Rental solution for Biz growth/ Implement Margin Enhancement project/ Logistics Provider set-up/ Technical SVC Provider set-up/ Reduction of Lead time of door-to-door from 5 days to 3.5 days/ Reduction of Localization cost(EMC,EMI) by sharing its certification with other hardware vendors/ Expansion of Credit Card usage coverage/ Long outstanding Bad-debt & Possible Credit delinquent collection and follow-up / Collection/ Introduction Cash Discount scheme/ Success of ‘Promissory Note Discount without Recourse with Banks/ Analysis and Justification for New Biz Channel/ Completion of Local Monitor Merging Project with Forwarder to minimize high tariff rate / Korea implementation of Global Internal Control program
Reason for Leaving: During my tenure at Dell, there was 6 times change of country CEO, Expat employee 3 times and Local hired 3 times. As the time went on. it was hard for me to adjust myself and put up with such a frequent local leadership change. Herbalife who was quite successful organization in the industry they serve and listed in NYSE (Career Path)
Mar.1989- Jan. 1996 DuPont Korea, Ltd.
Business in Korea: Industrial consumer goods, Petrochemicals, Fiber, Fabric, Semiconductor, Automobile, Medicals, Agriculture and Electronics manufacturing / Indent sales / Resale
Designation: Manager, General Accounting & Business Planning/Internal Auditor/Treasury
Responsibilities:
General accounting & Tax manager
Financial reporting & Ad-hoc requirements on time
Conduct monthly & year-end closing work and make a good coordination with accounting firm and be an instrumental for getting unqualified opinion
Country coordinator for ERP implementation (SAP)
Budgeting & Strategic Planning
Taxation
Business support by analysis of financial result
Received field tax audit for P.E. issue from NTS and Custom Office
Support all Expatriates in Korea and out of Korea align with HR policies
Internal Control & Audit (including OJT in USA) :
Develop and maintain financial & operation policies & procedures
Perform operational audits and facilitate self-assessment periodically
Ensure to comply with laws and regulatory requirement that apply to our business, and maintain our reputation and key believe of high integrity and ethics.
Recommend to corporate Mgmt on any exceptions, changes and modifications to corporate policies and procedures for consideration as appropriate to the Korean operation & local business practice to improve customer responsiveness and operational efficiency and business support.
Treasury:
Corporate Fund / Hedge Management (Fx exposures)
Cash & Liquidity / Spin-off of existing Biz / Issuance of corporate debenture
Risk Management / Asset Management
Bank relation
Reason for Leaving: Dell Computer’s worldwide success, reputation and achievement has inspired and captivated me for times whilst I felt a constraint to promote next higher level at DuPont as Expat from Head Quarter has always been holding the position of head of Finance organization. When a chance was given going thru Search firm, I positively responded and successfully joined as
a Director & Controller. (Career Path)
Mar. 1987- Feb. 1989 DOW Chemical Korea Ltd.
Business in Korea: Petrochemical manufacturing and Sales & Marketing
Designation: Accountant/ Sr. Financial Analyst/ Supervisor
Responsibilities:
Financial Analyst & Cost Accounting:
Capitalization of CIP (Construction-In-Progress) and Start amortization
Plant OpEx (Mfg. overhead) and CapEx budgets preparation
Economic Justification for all revenue-generating CapEx
Product cost & Inventory accounting( STD costing under flexible budget, Managerial accounting) and Fixed asset Mgmt
Prepare monthly KPI (Key Performance Indicator) report for Mfg. operation
Prepare C.O.G.M (Cost Of Good Manufactured) Statement
General accounting & Tax:
Support periodic financial reporting with analysis
Assist monthly and yearly closing work / Sub-ledger maintenance.
VAT and Payroll related withholding tax return filing..
Bank Reconciliation / Petty Cash Management
Accounts Payables / Accounts Receivable
Employee Travel & Entertainment Expense Reimbursement
Reason for Leaving: Having desire to work at better quality job in which I could extend my ability fully and to accumulate rather diverse working knowledge & experience. I applied publicly for DuPont Korea, offering high-tech industrials and consumer products and came on board as a Supervisor in Treasury department (Career Path)