Keys To China

Summary:

Dennis HUANG Yong

 301, Tong Run Garden, No.1, Chang Nan Road, Xin Qiao County, Shanghai, China, 201612

(86-21) 67647400, (86) 13901882383

yhuang2@chicagobooth.edu

 SUMMARY

 EXPERIENCE

• Establishing back offices operation policies and process
• Control risk of  company investment to make sure company sustainable growth and development
• Quantitive investment model checking and parameter adjustment
• Monitor the transaction executing to make sure all trading compliance with rule of quantitive investment model
• People recruiting and development
• Development new investment strategy
• Development of strategy alliance with other hedge fund

 Rexnord LLC - Great China Region （Managed by Apollo Private Equity Fund）            Aug. 2008~ Jul.2009                                                                                                                                                                        

Essential Functions:

• Directs and guides current 4 Rexnord China portfolio companies of finance and accounting activities.
• Creates China level treasury functions that best manage cash flow and funding among all China units, with optimized tax, dividends repatriation, and other regulatory implications.
• Ensures that a reliable system of internal controls / SOX and accounting mechanisms exist in China such that the financial statements of the Company are correctly, timely and accurately presented and are prepared according to GAAP and all governmental requirements.
• Directs the financial operations to assure that they are in compliance with company and local accounting policies and procedures.  This includes internal control, accounting and reporting, tax, legal and asset management.  Ensure integrity of financial information.
• Provides professional financial expertise and solutions to assist in building business alliance/acquisitions, and other opportunities for expansion of business.  
• Actively support management in the definition of business objectives and action plans that are required to fulfill the company long term profitable growth goal.  Actively participates in China level Strategic Plans and Budgets development.
• Provides guidance to operation units in terms of accounting processes development, such as standard cost analysis and development.
• Ensures timely creation of accurate and complete monthly/ quarterly/ annual financial statements and all required supportive materials for submission to the local authorities and Corporate headquarters
• Reviews performance versus forecasts and annual operating plans.  Provides analyses of performance and specific recommendations for actions to meet planned goals and grow the business.
• Lead M&A targets sourcing, due diligence, valuation, negotiation, and integration in China to achieve rapid growth where appropriate

 Carrier Asia Pacific Region Headquarter (Subsidiary of United Technology Corporation)        Dec. 04~Aug.08

International trade and manufacturing company focus on Chemical (coating, painting and ink) products.

 Finance Director

Responsible for financial management of international business operations. Corporate strategic and financial planning of international division and consolidation of financial statements of subsidiaries and branches globally based on FASB, GAAP and chemical industry regulations. Participate in evaluation, negotiation and implementation of joint ventures.  Report to senior vice President/CFO and Managing Director.  Manage staff of 4 direct and 15 indirect reports.  Budget responsibility of $1.0 million.

 Constructed tactical budget, treasury and credit control for great China region. Global logistic of importation & exportation and management information system implementation.

• Successfully implemented the ACCPAC and SCALA MIS system in great China region, further improving the supply chain system. Introducing ABC cost concept. Saving Logistics cost up to US$2.5M.
• Building functional teams of finance, logistic, MIS and administration, up to near 20 people, focusing on mutual communication and teamwork management concept and encouraging and leading associates to pursue designating targets.
• Fully support and provide updated marketing information and data to sales and marketing division to cooperate with them develop and build marketing and business development strategy, further reach company goals.

 Job Responsibilities in Precise Asset Management PTE Ltd. in Singapore (Sept. 2000~ Dec. 2000)

 Hedging foreign exchange exposure up to amount $75 millions and swap foreign exchange interest rate.

• Asset & Portfolio Development & management up to $120 m, focusing on stock analysis and recommendation.

  Job Responsibilities in HQ of Connell Bros. Co. Ltd., upon my staying in USA (Dec.  2000~ Sept. 2002)

 Negotiate joint venture (located in Shanghai) in San Francisco, built to $20 million in registration capital.

• Help CEO to coordination of large-scale business operating plans with particular emphasis on financial, capital, marketing and organizational development components.
• Help CFO to lead a complex restructuring of corporate debt and balance sheet for Agri-Chemical sector. Results: Successful $80 million private securities placement, $50 million capital equipment financing arrangement and significant cash flow increase.
• Negotiating and / or co-managed more than 5 mergers, acquisitions, joint ventures, strategic alliances and partnerships throughout both the US and China market.  Based on the FCF to evaluate the acquired targets
• Divesting non-performing business units to achieve profitability through development of strategic opportunities and reach the target ROA and ROI.
• Valuation of a publicly traded firm (value at $110 millions) that might be a good candidate for a LBO transaction and designing the strategic LBO planning to be executed. Preparation for going to IPO within two or three years.

 Siemens Business Communication System Co., Ltd. Shanghai, China                                                  1994~1996

Commercial Manager of Service and Production 

Management team member responsible for service and production division general management and providing managing director with recommendations and solutions.

 Applied financial analysis and service development strategy methodologies as general management skills to reengineering the service and production division to gain synergy US$0.8M.

• Introduction of customer orientation concepts to company and establishment of customer relation management system in company. Increase customers from 2500 to 3800, accordingly revenue from $5.0M to $8.0M.
• Cost reduction of service and production division and improving service profit center from -$1.5M to $1M by integrating service and production division of Asian region and flatting the organization.

 Janssen Pharmaceutical Co., Ltd. Shanghai Rep. Office, China                                                                    1993~1994

As the branch of J n J, producing the medicine for world market.

 Assistant manager of International Trading

Responsible for the procurement of raw material and exportation of medicine from China pharmaceutical plant to global market. Annual target of $15M.

 Applied the game theory to negotiate with rivals to make the transactions. Gained big deal of US$1.1M.

• Establishing procurement and international trading teams in Shanghai office, thus building souring network and designing the operation principle and procedures.
• Successfully launching marketing campaign and developing in Asia market, sales amount up to $4.0 M.
• Exportation of new products to American & European markets ($11.0M), under cooperation with US sales team
• Responsible for the foreign trading sales target ($12.0M), and real foreign trading sales amount up to $15.0M.

 Standard Chartered Bank, Shanghai and Hong Kong Br.                                                                          1990~1993

 Bills checker and Credit officer

Responsible for checking international trading documents and control credit risks & management for the short term trading finance, packing loans and long term corporate investment loans.

 Provided short term financing under documentary credit and packing loan for most import company in China

• Designed credit risks & management model to analyze and monitor credit risks on short and long-term loans.

.EDUCATION

Executive Master of Business Administration (AXP-1) (MBA)

Concentrations in Finance, Investment Management, Finance Engineering, Value at risk control and Statistics data analysis, Corporate Strategy Management, Business Development and Consulting, Marketing Management and General Management.

Self financed entire program.

 FuDan University, Shanghai, China                                                                                                                      January 1997

Master of Business Administration (MBA)

Concentration in Accounting, International trading, Economics and Econometrics

 Shanghai University of Finance and Economics, Shanghai, China                                                            July   1990

Bachelor Degree of Trade and Economics

Concentration in economics, trading, accounting and corporate finance

PROFESSIONAL TRAINING AND AFFILIATIONS

• General International Marketing (GIM) training in Germany in 1996
• Strategic Corporate Risk Management in France in 1998
• ACCPAC and SCALA system training in HongKong in 1998
• Hyperion and SAP system training in 2001 in USA
• CICPA member (China) since 1994
• Institute Finance Accountant (IFA UK based)
• Project Management Professional (PMP) in Project Management Institute (USA)
• Certified Supply Chain Manager (CSCM) in Council of Supply Chain Management Professionals (CSCMP- USA)
• Member of Information System Audit and Control Association, Certified Information System Auditor (CISA) and Certified Information Security Manager (CISM) (USA)
• Member of Registered Financial Planner (RFP Hong Kong based)
• Member of association of Global Wealth Management Manager in Switzerland , Certified Global Wealth Management Manager