Expert Details
China Merger and Acquisition, China Investments - Company setup, Business Regulations, Tax and GAAP
ID: 730479
China
• Assisted a Swiss soft-drink company interest in penetrating Hong Kong and China with market research, Business Plans and Feasibility Studies• Management Consultancy capacity for a Canadian software interested in penetrating China market or investing in ChinaAdvice on integration for an U.S. firm posted Merger and Acquisition of a H.K. firm
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1983 | Degree: MBA | Subject: Acconting and MIS | Institution: Indiana University of Pennsylvania |
| Year: 1981 | Degree: BS | Subject: Accounting | Institution: Brigham Young University |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2011 to 2012 | Employer: You Plus Link Limited | Title: Associate Director | Department: |
Responsibilities:•Assisted subject matter experts in Hong Kong and China with market research, business plans and Feasibility Studies•Management Consultancy capacity for foreign companies interested in penetrating the Chinese market or investing in China •Hydro energy project |
|||
| Years | Employer | Title | Department |
| Years: 2002 to 2010 | Employer: Joy Global Inc | Title: VP Finance | Department: Finance |
Responsibilities:•Developed the firm’s PRC business and oversaw the finance functions including implementing variable pay/incentive structure in the firm’s local subsidiaries•Identified suitable local partners and performed due diligence for merger and acquisition by Joy Mining to expand the firm’s business in China •Responsible for driving the company’s sales in China –profitable from second year of operations onwards for most of the startups facilities •Identified local sourcing to reduce overall costs to boost profitability •Recruited and trained local financial team (part of localization program) •Appointed as Power Attorney by CEO to negotiate initial investment terms with the local Chinese authorities •Appointed Chief Rep of Kunming Operation (2005)- responsible for the start up of the business unit (operation and sales) •Appointed General Manager of Joy Mining’s Wuxi acquisition (2009) |
|||
| Years | Employer | Title | Department |
| Years: 2001 to 2002 | Employer: 360 Inc | Title: Management Advisor | Department: |
Responsibilities:•Implemented post M &A integrations after firm was acquired by US venture capital•Reengineering to streamline operation and improve on efficiency •Responsible for the conversion of IT system from Platinum to Oracle Financials |
|||
| Years | Employer | Title | Department |
| Years: 2000 to 2001 | Employer: Seagram Universal Studio | Title: Financial Director | Department: |
Responsibilities:•Responsible for PRC financial reporting and business functions of China & Hong Kong•Liaised with Chinese partners, auditors, government officials •Set up financial models to analyze the cost/benefit of using distributorships to improve market penetration in China including market coverage, pricing and distribution rights |
|||
| Years | Employer | Title | Department |
| Years: 1995 to 1999 | Employer: J.R, Simplot (China) | Title: Country Manager/CFO | Department: |
Responsibilities:•Developed long term strategy for Simplot’s business in China•Negotiated equity swap with joint venture partners to inject additional equity to expand Simplot’s business •Responsible for Simplot’s finance function and tax planning in China •Recruitment, training of local finance team and developed retention/incentive program •Identified new investment opportunities and potential joint venture partners •Liaised with local government officials on investment related and tax matters |
|||
| Years | Employer | Title | Department |
| Years: 1989 to 1994 | Employer: Progressive Soltions Inc | Title: Finance and Administration Manager | Department: |
Responsibilities:•Set up and managed financial reporting systems (cash flow, CAPEX)•Implemented operational policies including audit and control •Implemented testing standards for financial applications using GAAP •Secured venture capital injection of CDN 2 mln |
|||
Career Accomplishments
| Associations / Societies |
|---|
| Institute of Management Accountants, USA |
| Awards / Recognition |
|---|
| Business Men of the Year for 2 consecutive years, Baotou China |