Finance Executive

Patrick Ping Xia, CFA, CMA

737-***-**** • **********@*******.***

HIGHLIGHTS

** ***** ** *******/******** experience in USA, China and Korea

MBA, University of Virginia; BA in Industrial Economics, Renmin University of China

Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA) designations

Comprehensive financial management, budgeting, analysis, M&A, SC, Tax & internal control experience

Extensive leadership, project management, business development and process improvement skills

PROFESSIONAL EXPERIENCE

Apogee Tech Co., Ltd. 08/2024– 04/2025

COO/CFO San Diego, CA and China

Overall finance management of the machine vision inspection and industrial software company

Assist the CEO to improve the operations in both China and the US

BGI Genomics 03/2021-03/2024

CFO, BGI Tech Services and Int’l Dx BU Boston and China

Overall finance leadership for the two global BUs which have annual revenue of $600M+

Planning for the spin-off and then IPO of BGI Tech Service BU

Supervise BGI Americas finance function

Varian Medical Systems/Endocare Inc. 07/2018 – 09/2020

Finance Director, Varian Interventional Oncology Business Austin, TX 06/2019 – 09/2020

Led finance/accounting function of the newly formed Interventional Oncology Business of Varian after it purchased Endocare and its China sister company Alicon for $xxx M in June 2019

Supported finance due diligence and finance/accounting transition related to Varian IO’s $xxx M purchase deal of Boston Scientific’s global embolization microsphere business closed in Aug. 2019

Led the accounting/finance integration efforts in the wake of the M&A activities

Supported building the new microsphere R&D and manufacturing facility in Austin

Worked with Varian tax department on various tax issues related to the M&A deals

Worked with corporate M&A on potential deal verifications

Senior VP & CFO, Endocare Inc. Austin, TX 07/2018 – 06/2019

Built, led and trained the finance/accounting/tax team of newly independent PE owned medical device company

Led the accounting transition and assisted overall post-acquisition transition

Developed relevant internal control policies and processes

Drove cost analysis and control of the company’s manufacturing process

Co-led the ERP transition and upgrade implementation efforts

Assisted commercial development and sales quota setting

Supported next-gen cryo-abration system R&D and production efforts

Assisted in company IPO prep and then in selling the company to public company Varian Medical Systems

Brookstone Corp. 08/2017 - 07/2018

Senior VP & CFO Merrimack, NH

Led and further developed the finance, accounting, treasury and tax teams

Assist the company CEO to transform the company from a retail company to an online and wholesale organization

Pushed for revenue improvement and cost cutting efforts to avoid potential bankruptcy

Proactively led financing and cash management efforts to facilitate potential business turnaround

Assisted in the bankruptcy proceeding of the company prior to leaving the company

Huawei Technologies Co., LTD 12/2015 - 08/2017

CFO – Administrative Services Department of the Company Shenzhen, China

Led a 30+ finance team managing Huawei's $5B global real estate, logistics and employee services spend

Helped drive business transformation of the admin services function of the company

Drove better planning and more effective expense control of the department

Microsoft Corporation 05/2013 – 11/2015

Group Finance Manager – Corporate FP&A Redmond, WA

Led a global project to centralize ~$1B international real estate & facilities (RE&F) financial management

Managed RE&F close, forecasting, budgeting, reporting, analysis, capital approval process & allocations

Built, trained and managed a global team of 9+ professionals

Stryker Corporation 01/2012 - 05/2013

Country Financial Controller – Greater China Region Beijing, China

Led a 30+ team covering accounting, finance, tax, treasury and in-direct procurement in China

Updated regional financial and internal control policies and dealt with FCPA and SOX audits

Coordinated or managed compliance, transfer pricing, and customs related issues

Managed accounting/ERP system deployments and post-acquisition financial integrations

Partnered with sales to drive 40%+ annual revenue growth

Microsoft Corporation 10/2005 – 01/2012

Group Finance Manager Redmond, WA

Various progressive finance roles supporting different software, hardware, and R&D groups

Supported X-box product line as product CFO which generated billions of revenues worldwide

Supported cost cutting efforts of X-box 360 which was outsourced to contract manufacturers

Supported next-gen X-box R&D and early cost cutting efforts

Whirlpool Corporation 01/2004 – 10/2005

Senior Financial Analyst – North America Supply Chain (SC) Finance St Joseph, MI

Performed SC financial consolidation, planning, budgeting, forecasting, reporting and analysis

Supported the roll-out of SC SOX control compliance measures

Provided decision support for SC business strategy and manufacturing/supply chain optimization projects

Provided financial and decision support to SC IT Group and estimated and tracked ROI of IT investments

ChevronTexaco Corporation (CVX) 05/2000- 10/2003

Sr. Financial Analyst Houston, TX, San Ramon, CA and Seoul, Korea

Various rotational FP&A, business analysis, M&A, and project development roles

Corp FP&A and a major acquisition analysis for Texaco

Business analysis supporting global lubricant manufacturing and distribution business

Economic analysis and BD for liquified natural gas project involving Australia, China and Korea

China National Technical Import & Export Corp. (CNTIC), Beijing, China 07/1992-08/1998

CNTIC Investment Co.

Department Manager, Department of Investment Management

Monitored the financial and business performance of various investment ventures

Evaluated investment portfolio and sought M&A opportunities

Supervised a team of professionals and sat on the boards of several joint ventures

Played an active role in preparing for the IPO of CNTIC Trading Co., Ltd. on Shanghai Stock Exchang

EDUCATION

Darden Business School, University of Virginia, Charlottesville, VA, USA

Master of Business Administration, May 2000

Renmin University of China, Beijing, China

Bachelor of Arts, Industrial Economics, July 1992

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