Finance Business Partner Director, Greater China

Smith & Nephew View all jobs

  • Shanghai
  • Permanent
  • Full-time
  • 2 months ago
Role Overview:As a key member of the Greater China Commercial Leadership teams and the SPM International Finance team, the Finance Business Partner is responsible for partnering with the Greater China BU Directors to drive business priorities, strategy and profitable growth. By developing and maintaining strong cross-functional relationships, the Finance Business Partner will provide commercial and financial insight to challenge the business, drive performance and ensure rigor in decision making.By combining finance expertise with business acumen, the Finance Business Partner constructively challenges the business and provides valuable insight to ensure optimal decision‑making outcomes. This includes evaluating investment opportunities, identifying efficiency and cost improvements and identifying and mitigating commercial risk. Furthermore, the Finance Business Partner is expected to proactively identify, propose and pursue opportunities for innovation and growth.In addition, this role carries statutory responsibilities as a local Director of the China legal entity, ensuring governance, compliance and fiduciary duties are fully met. The position also provides leadership to the Finance Business Partnering structure, with the Finance Business Partners for each Business Unit reporting directly into this role to ensure aligned financial insights, standards and commercial support across Greater China.Responsibilities:
  • Drive business performance by partnering with the China BU Directors to set performance targets, monitor performance against KPIs, assess commercial risk and intervene to exploit opportunity or re-set course where necessary to ensure the cluster meets and exceeds its objectives (15%).
  • Challenge the business and its functional stakeholders to ensure rigor in decision making. This will involve providing commercial and financial insight in many areas of the business including, but not limited to, sales force effectiveness, channel management, customer and portfolio profitability, asset efficiency, pricing strategy and commercial risk management (15%).
  • Actively manage and control distributor inventory to ensure healthy in‑market stock levels, avoid excess, and align shipments with true market demand. Provide clear visibility of risks and required actions to protect financial performance. (10%)
  • Drive the strategic and commercial planning processes of each BU and across the market. This will include strategic review planning, budgeting and forecasting and will require an excellent understanding of business drivers required to achieve business objectives (25%).
  • Monitor and interpret market and environmental trends, the competitive landscape and competitor strategy and provide insight to the business on how this might impact on strategy and performance (5%).
  • Identify, lead and drive innovation and change initiatives in the organization. Support the business and its functional stakeholders in the implementation and monitoring of business initiatives (5%).
  • Partner with the business or its functional stakeholders to manage external relationships with suppliers and customers, ensuring optimal commercial outcomes for the business (10%).
  • Lead and develop the Finance function to ensure it meets its control and insight objectives in an efficient manner. This includes: finance strategy, service and communication development; identifying opportunities for process and operating model improvement; and cost control and efficient resource deployment (10%).
  • Be an active member of the region leadership team and the International Commercial Finance team. This will involve attending key meetings and proactively working to shape the future organization (5%).
Location: Shanghai (China)Education:Degree in Finance, Commerce or Accounting preferred but relevant business-related qualifications would be considered.Licenses/ Certifications:Post-graduate degree in business management/administration or equivalent is advantageous CA/CIMA or equivalentExperience:
  • 8+ years post-qualification experience with at least two years in a senior commercial finance role.
  • Relevant industry experience advantageous, ideally in Medical Devices or Pharmaceuticals.
  • Experience working in (or with) Established/International markets.
  • Highly talented individual with the ability and willingness to progress to more senior Finance roles.
Competences:
  • Ability to work across multiple initiatives simultaneously and process complex data to generate relevant insight.
  • Ability to continuously learn and acquire knowledge.
  • Ability to use financial insight and business acumen to solve problems.
  • Confidence to intervene and challenge the business when appropriate.
  • Ability to build strong relationships across the business and its functions.
  • Ability to drive business performance based on KPI and driver analysis.
  • Ability to perform complex analysis, modelling and valuations.
  • Ability to control a thorough planning, forecasting and budgeting process.
  • Ability to initiate and drive change.
  • Mobility preferred, domestic and international.
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Smith & Nephew