Vice President of Accounting

Vice President of Accounting
I. Position Overview
The Vice President of Accounting is responsible for the company's overall accounting management and financial reporting. This role involves establishing and refining accounting policies, financial accounting processes, closing procedures, financial reporting, and internal control systems to ensure that financial information is accurate, complete, timely, and compliant with relevant accounting standards and regulatory requirements.
The position typically entails leading the accounting department and collaborating closely with the CFO, VP of Finance, and teams across financial control, tax, audit, FP&A, and business units to provide reliable financial information in support of business operations, financial decision-making, and strategic development.
II. Key Responsibilities
1. Accounting Strategy and Management
Formulate corporate accounting management strategies, policies, and operational standards.
Establish a unified and efficient corporate accounting management system.
Oversee accounting operations across business units, regions, and subsidiaries.
Ensure accounting management aligns with the company's overall financial strategy.
2. Financial Reporting Management
Manage the preparation of monthly, quarterly, and annual financial reports.
Ensure the accuracy, completeness, and timeliness of financial statements.
Oversee financial information, including balance sheets, income statements, and cash flow statements.
Provide reliable financial data to senior management and the Board of Directors.
3. Financial Closing Management
Lead the monthly, quarterly, and annual financial closing processes.
Optimize closing procedures and reduce the closing cycle time.
Oversee account reconciliations, adjusting entries, and accounting estimates.
Ensure departments and regions complete closing tasks on schedule.
4. Accounting Policies and Standards
Develop, update, and maintain corporate accounting policies.
Ensure accounting treatments comply with applicable GAAP, IFRS, or other relevant standards.
Handle technical judgments and accounting treatments for complex accounting matters.
Provide guidance on accounting policies and technical accounting to business units.
5. Internal Control Management
Establish and maintain internal control systems for finance and accounting.
Identify risks and control deficiencies within accounting processes.
Drive internal control testing and remediation efforts.
Enhance the accuracy, completeness, and reliability of financial data.
6. Audit Management
Manage external audits and the preparation of relevant accounting documentation.
Coordinate with internal audit teams to facilitate audit activities. Manage audit findings, adjustments, and remediation plans.
Ensure audit work is completed on schedule and to a high standard.
7. Technical Accounting and Major Transactions
Responsible for the accounting analysis of complex transactions and significant business events.
Participate in accounting assessments for projects such as M&A, investments, financing, and asset restructuring.
Analyze complex accounting matters including revenue recognition, leases, financial instruments, and equity-based compensation.
Ensure the accounting treatment of major transactions complies with relevant standards.
8. Tax and Compliance Coordination
Coordinate with the tax team on corporate tax matters.
Ensure reasonable consistency between accounting records and tax filings.
Support tax audits and regulatory inspections.
Collaborate with legal, compliance, and risk teams to manage financial compliance matters.
9. Accounting Systems and Digitalization
Drive the implementation and optimization of ERP and accounting information systems.
Increase the automation of financial accounting and reporting processes.
Promote the standardization and centralized management of accounting data.
Leverage data analytics and automation tools to enhance accounting operational efficiency.
10. Global and Regional Accounting Management
Manage accounting operations across different countries, regions, and business units.
Establish unified global accounting policies and reporting standards.
Coordinate accounting processes among regional finance teams.
Ensure the consistency and comparability of global financial data.
11. Accounting Team Leadership
Establish an efficient accounting organizational structure and role framework.
Responsible for the recruitment, development, and performance management of senior accounting personnel.
Build professional training and talent development systems.
Cultivate an accounting management team possessing both professional expertise and business acumen.
12. Senior Management Support
Report on accounting and financial reporting status to the CFO, CEO, and senior management.
Provide analysis on financial data, accounting policies, and significant accounting matters.
Support corporate budgeting, strategic planning, and major investment decisions.
Advise management on financial reporting, accounting risks, and internal controls.
III. Qualifications
Bachelor’s degree or above in Accounting, Finance, Economics, Business Administration, or a related field.
Extensive experience in accounting management, financial reporting, or financial management.
Experience in accounting management within large-scale, multi-regional, or multinational enterprises. Familiarity with GAAP, IFRS, and relevant financial reporting standards.
Familiarity with financial closing processes, consolidated financial statements, internal controls, and audit procedures.
Proficiency in handling complex accounting matters and conducting technical accounting analysis.
Experience with accounting for M&A, financing, investments, or other major transactions is preferred.
Familiarity with ERP systems, financial software, and accounting automation tools.
Strong capabilities in data analysis, problem-solving, and risk assessment.
Excellent cross-functional communication and team leadership skills.
CPA, CA, ACCA, CMA, or other professional accounting qualifications are preferred.
MBA or a master’s degree in Accounting, Finance, or a related field is preferred.

Work arrangement
Yes