Head of Accounting

Shanghai Permanent RMB600,000 - RMB800,000 per year View Job Description
The Head of Accounting will oversee the financial accounting of the organisation, ensuring compliance with regulatory standards and delivering accurate financial reporting. This role, based in Shanghai, requires strong expertise in accounting and finance within the industrial/manufacturing industry.
  • Listed French manufacturing company with stable product performance
  • Flexible working hours, excellent company atmosphere

About Our Client

This organisation is a well-established business in the industrial/manufacturing sector, known for its commitment to innovation and operational excellence. With a significant presence in the region, it provides a stable and professional environment for its employees.

Job Description

  • Lead and manage the accounting team to ensure accurate and timely financial reporting.
  • Oversee the preparation of financial statements in compliance with local and international accounting standards.
  • Ensure adherence to all regulatory and tax requirements in Shanghai.
  • Develop and implement financial controls and strategies to optimise processes.
  • Manage budgets, forecasts, and financial planning initiatives.
  • Collaborate with internal and external auditors to facilitate audits and compliance reviews.
  • Provide strategic recommendations to senior management based on financial analysis and projections.



Monitor financial performance and provide insights to support decision-making in the industrial/manufacturing sector.Financial Accounting & Statutory Reporting* Coordinate, prepare and submit the accounting operations in order to submit IFRS monthly, quarterly, and annual financials, in accordance with the group calendar to IFRS group and local standards for the mainland China entities

* Coordinate local and group external auditors for annual audits and statutory accounts preparation and ensure if any audit issues are resolved and communicated

* Contribute for mainland China to the annual budget process, leaded by FP&A department

* Lead transformation of finance accounting department project as required

* Ensure accurate cost accounting, inventory management, and production-related financial reporting to support efficient factory operations and decision-making.

* Oversee the financial aspects of manufacturing processes, including monitoring production costs, managing overhead allocation, and supporting budgeting for factory operations.

* Implement and maintain financial controls specific to factory environments, such as tracking raw material usage, addressing variances in production costs, and improving profitability.

* Understanding of specific financial controls and reporting requirements for factory environments in China, such as production costs monitoring and raw material tracking

*Compliance and Control* Safeguard compliance with IFRS, local financial regulations, VAT, office of national statistics, customs and tax requirements.

* Implement and maintain internal controls to safeguard company assets and ensure financial integrity

* Oversee VATand other tax filings and ensure timely and accurate submissions

* Ownership of payroll accounting and interface with HR and payroll provider

* Implements internal controls based on group guidelines for entities in his/her scope and follows-up & orchestrates audit & internal control action plans

* Familiarity with Chinese statutory audit requirements and compliance with Hong Kong's Companies Ordinance (Cap. 622).

*Taxation* Preparation and/or Supervision of VAT Audits and tax declarations, and various other statutory filings

* Ensure compliance with the law and taxation within the entities

* manage and follow specific actions in coordination with the group tax department

* In-depth knowledge of the tax regulations in China (e.g., VAT, CIT, social insurance contributions) and Hong Kong (e.g., Corporate Profits Tax, MPF compliance).

* Experience in double taxation agreements (DTAs) and managing cross-border tax compliance.

* Ability to effectively manage relationships with State Administration of Taxation (SAT) in China and Inland Revenue Department (IRD) in Hong Kong

* Familiarity with cross-border tax laws and legal entity optimization projects under China's Foreign Investment Law and Hong Kong regulations.Team Management* Lead and mentor the accounting teams in China & Hong Kong , providing guidance and support for professional development

* Allocate tasks and responsibilities effectively within the team to meet deadlines and objectives.

* Conduct performance evaluations and provide feedbackSystems, Projects and Process Improvement* Evaluate current accounting systems and processes, recommending and implementing improvements.

* Ensure effective utilization of financial software and tools

* Drive automation and efficiency initiatives within the finance department

* Lead system or other process efficiency projects as required

The Successful Applicant

A successful Head of Accounting should have:

* 7-10 years of experience in a sales industrial finance position

* HFM/Hyperion knowledge would be a strong asset

* Qualified accountant with strong background in IFRS experience ,

* Expertise in both China GAAP and Hong Kong Financial Reporting Standards (HKFRS) alongside IFRS.

* Advanced Microsoft Excel and PowerPoint skills

* Fluency in Mandarin for operations in China and Cantonese or basic knowledge for Hong Kong operations

* Business fluent in English is a must, French is an asset

* Strong attention to detail, and a commitment to maintaining accuracy and integrity of financial information.

* Excellent communication skills with the ability to structure your thoughts and derive action plans for your team to execute, as well as the ability to communicate efficiently across all staff and stakeholders levels

* Team & Hands-On working style; Good organizational skills, autonomous and reliable

What's on Offer

  • Competitive salary ranging from 600000 CNY to 800000 CNY annually.
  • Permanent position with opportunities for career growth.
  • Be part of a listed company in the industrial/manufacturing sector.
  • Collaborative and professional work environment in Shanghai.



This is an excellent opportunity for an experienced Head of Accounting to make a significant impact in a reputable organisation. If you are ready to take on this rewarding role, we encourage you to apply.

Contact
Olivia Shen
Quote job ref
JN-062026-7045003
Phone number
+8621 6026 8061

Job summary

Function
Finance & Accounting
Specialisation
Financial Accounting
What is your area of specialisation?
Industrial / Manufacturing
Location
Shanghai
Contract type
Permanent
Consultant name
Olivia Shen
Consultant phone
+8621 6026 8061
Job Reference
JN-062026-7045003

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.