§ Always supports the Finance Manager of TRW Wuhan.

§ Responsible for the financial planning and analysis.

§ Establishes and owns the following monthly review mechanism

• ­ Review Business Balanced Scorecard, update monthly letter
• ­ Month end reports, variance walk, cash flow analysis
• ­ MM reports
• ­ PPV performance – material prices compared to target, analysis of key issues, variance analysis and follow-up.
• ­ Material cost matrix – a monthly reporting showing how the general ledger total materials cost is split into different finished goods part numbers by key cost elements such as pure BOM, freight, duty, VAT and exceptional variances.
• ­ Others TBD.

§ Establishes and owns the following weekly reports:

• ­ Industrial performance, scrap (material consumption) and efficiency.
• ­ Inventory movements vs plan – RM, WIP, FG, spare parts, obsolescence.
• ­ Others TBD.

§ Variance analysis and follow-up, eg cost center analysis on account line level and headcount analysis compared to plan.

§ Supports in developing target costs and cost-down roadmaps:

• ­ CIS (organization cost saving initiatives).
• ­ VA/VE (BOM cost saving initiatives).
• ­ Special cost reduction programs such as utilities savings, etc.

§ Defines, establishes and measures productivity, efficiency and utilization norms used for labor cost and overheads planning – sets up and owns the cost model for manufacturing costs in terms of norm/standard costing.

§ Facilitates and supports detailed and explainable factory business planning within a 5-year horizon.

§ Product/customer profitability reporting and analysis

§ Ad hoc scenario building/modeling in support of decision making on the management team level.

§ Cost of quality analysis.

§ Supports sharing, coaching and management development FP&A team in department.