Summary of Responsibilities:
· Revenue Allocation & Country P&L (Core Focus). Execute monthly revenue split by country for China per Global FP&A methodology, prepare reconciliation and variance commentary. Own the preparation of China management P&L for global performance analysis.
· Business Partnering & Strategy: Partner with the head of APAC and GCD operations and commercial leaders to analyze sales, margin and P&L performance; identify opportunities and risks; develop actionable financial strategy to support annual business plan targets; Translate China market dynamics into financial impact assessments for Global FP&A and China GM.
Financial Planning & Forecasting: Own the preparation, monitoring and analysis of annual plans, budgets and forecasts for revenue, costs, operating expenses and balance sheet; ensure alignment with global and local growth plans in support of Fortrea’s corporate Annual Operating Plan (AOP).
· Commercial Finance Support: Provide financial analysis and guidance to support business development (BD) efforts in China, to include negotiating on rates, rebates and commercial incentives.
· Operational Excellence: Drive cost savings, and process efficiencies; maintain robust financial controls in line with US GAAP and other legislative policies.
· Stakeholder Coordination: Serve as the primary liaison between APAC operations and Fortrea corporate finance, ensuring smooth communication and project execution.
· Market-Specific Financial Leadership: Support market-specific financial strategies, including tender analysis, contracting and BD deal structuring in alignment with global clinical development plans.
· Team Leadership: Lead and develop growing China FP&A team, fostering a collaborative, high-performance environment.