FINANCE DIRECTOR, PMI SHANGHAI
Position Overview
The Finance Director is the most senior financial position at PMI Shanghai, is responsible for leading the
Accounting and Credit/Collection functions, and is the financial liaison between the Company and key
outside stakeholders. This position includes certain fiduciary responsibilities, which include maintaining
accounting records in accordance with Chinese and U.S. GAAP, and establishing sound internal controls
to ensure that assets are protected against risk of loss. The Finance Director will continually strive for
excellence in processes, procedures, systems, and staff performance while enhancing the quality,
timeliness and distribution of financial information, and will support other functions within the Company to
understand key profit drivers and facilitate sound financial decision making.
Responsibilities
Tax and Accounting:
 Direct, support and manage the Accounting and Credit/Collections Departments’ day-to-day
workflow and progress toward team goals. Proactively mentor and develop team members,
providing guidance for them to achieve technical and professional excellence.

Oversee the month-end and year-end closing process on a timely basis, including review of
reconciliations of all GL accounts, review of financial statements and performance analysis, and
publishing of internal reports. Coordinate and review monthly financial reports for PMI Shanghai
with Corporate Controller, CFO and President - China/Asia Pacific.

Ensure all accounting transactions are recorded accurately and on a timely basis. Ensure that
estimates, accruals, reserves and provisions are calculated and supported with appropriate basis
or backup, in accordance with US GAAP. Review journal entries of staff accountants to ensure
the appropriateness of all entries prior to posting.

Oversee all Chinese income, VAT and other tax filing requirements. Ensure compliance with all
applicable tax reporting jurisdictions and that all statutory requirements of the Company are met.
Internal Controls and Processes:

Support solutions to establish a reliable and efficient working environment in Oracle and UFIDA.
This will include developing automated solutions for manual processes, validating sources of data
and developing comprehensive and defined management reporting solutions for a variety of end
users.

Coordinate the development and maintenance of appropriate documentation for key accounting
policies and procedures that align with those of headquarters, including internal controls. Seek to
make continuous improvements to processes and procedures where appropriate. Ensure
adoption of and adherence to all key Finance global standard business processes.

Review credit-worthiness of existing and proposed new customer and establish appropriate credit
limits and payment terms. Review accounts receivable collection efforts on at least a weekly
basis and provide guidance and detailed action plans where necessary. Monitor changes in
sales allowances and chargeback rates by customer, and communicate trends and findings to
Sales team.
Reporting:

Issue internal financial reports on a periodic basis as defined, and provide narratives to explain
financial results for key areas of the business, comparing actual results to budget and/or forecast
or a prior period.

Become proficient with and a key advocate for PMI Business Intelligence, particularly in the areas
of the dashboard and standardized reports, utilizing tools available to train and educate the
Company. With this, become a key financial advisor to sales, product managers, and operations
management. Create ad hoc reports as necessary in order to obtain information to be analyzed.
Financial Planning and Budgeting:

Oversee the quarterly forecasting and annual budgeting processes for PMI SHA’s P&L.
Collaborate with the department managers to gain a deeper understanding of variances and
trends in operating expenses, to improve budget and forecast accuracy.

Update and review the four quarter rolling cash forecast, analyzing actual results against forecast,
and modifying assumptions as appropriate to improve forecasting accuracy.
Finance – Miscellaneous:

Perform role of key financial partner in significant contract negotiations, including customers,
banks, lessors and other outside third parties.

Develop working relationships with key outside stakeholders, including bankers, tax advisors,
insurance agents and legal counsel. Evaluate bank credit needs to support ongoing operations of
the China operations, and provide recommendations to the CFO and Corporate Controller.

Oversee the treasury function with local banks, including managing the Company’s cash flows
and reviewing and releasing payments.

Oversee the Company’s annual audit processes (US GAAP and local statutory audits) with
outside auditors, including setting and adhering to schedules, preparation of necessary reports,
and reviews with Company management as appropriate stages throughout the audits. Manage
Company bank audits as required under the credit agreement.
Other:

Assist CFO and Corporate Controller with additional tasks and projects as needed.

Adhere to PMI policies and support Management decisions and goals in a positive, professional
manner.
Represent PMI with a high level of integrity and professionalism.
Other duties as necessary.


Proficiencies
 Strong understanding and application of US GAAP, Chinese GAAP and IFRS.

Strong understanding of internal controls and systems view of accounting processes and
procedures.

Advanced skills using Microsoft Word and Excel.

Excellent written and oral communication skills; ability to communicate effectively and project
a professional image when giving and taking information in writing and in person.

Demonstrate strong interpersonal skills, with the ability to develop relationships to effectively
work with individuals and groups at all organization levels, as well as outside stakeholders;
ability to work independently and as part of a team.

Ability to respond effectively to sensitive inquiries or complaints.

Ability to take initiative and prioritize tasks; good time-management, organizational, problemprevention and problem-solving skills.

Strong analytical ability with active listening skills.

Ability to work accurately with close attention to detail.

Ability to maintain confidentiality of sensitive information.

Willingness to adapt to changing business needs and deadlines.

Ability to study and apply new information.

Possess a get-it-done right attitude, is dependable and highly organized.
Education and Experience

Bachelor or Master degree in Accounting/Business

Previous experience in public accounting required; CPA license required

8-10 years’ experience in Accounting, ideally with consumer products or manufacturing
background.

Experience with Oracle and Hyperion, a plus.
About PMI
Established in 1983, privately-held Pacific Market International (PMI) designs, manufactures and markets
innovative food and beverage solutions designed for busy lifestyles. Our two most recognizable brands,
Stanley® and Aladdin®, are both over 100 years old. PMI also operates a thriving private-label business
for globally recognized companies. PMI is headquartered in Seattle, Washington, with offices in
Shanghai, China; Rio de Janeiro and Manaus, Brazil; Manila, Philippines and Amsterdam, The
Netherlands. More information can be found at www.pmi-worldwide.com.
If you think you are the right person for this exciting opportunity please apply by sending your resume to:
Charles.chen@pmi-worldwide.com