INEOS Automotive – Grenadier – Built On Purpose
Story so far
Since Sir Jim Ratcliffe announced Project Grenadier in 2017, our team at INEOS Automotive has grown rapidly. From a start-up to the scaled business we are now, we’ve hit some huge milestones along the way. Despite some global challenges, we brought our first vehicle, the INEOS Grenadier, from a vision to prototype and to market in just five years. And now, as the first customer deliveries of our INEOS Grenadier have begun, we look to the future with our first all-electric vehicle.
People and Culture
With around 1500 employees, 10 locations and 44 nationalities, we’re an international team working together to challenge the ordinary. We welcome people who mirror our values: Spirit of ownership, who take responsibility and make things happen. Delivering quality work, with ambition to deliver outstanding results and who have a community mindset, believing together everyone achieves more. Creativity and initiative are encouraged to support your career development.
We’re doing things differently.
Now we go to CHINA - with GRIT, RIGOUR, HUMOUR
Your role: You will manage the financial affairs of INEOS Automotive Shanghai Trading covering the China market. In addition to managing statutory compliance for the above legal entity, the role will facilitate commercial activity across the Chinese marketplace. As a business partner for the Regional Head APAC on all financial topics in China you will identify and manage all potential financial risks facing the company and ensure that the Regional Head & Head of Finance are aware of and understands the risks, the potential implications, along with the recommended solutions. The role will carry financial management and sales controlling responsibility for the China region.
Accountabilities of the job (including but not limited to):
- Provide financial controlling oversight for INEOS Automotive China including:
- Ongoing cooperation with the Regional Head APAC and Group Financial Controller on strategic matters ensuring profitability and compliance (e.g. tax, fiscal requirments, audit, monthly/yearly financials, statutory, working capital, etc....)
- Financial oversight of relationships distributor groups across the country
- Drive development of China market strategy from Finance perspective, incl. currency, tariff and trade tax issues
- Budget & forecast responsibilities for the China, including Sales & cash forecasting
- Gap analysis of SAP and project managing the internal SAP to drive changes in the system
- Align with the Central Commercial team to ensure that regional requirements are fully understood and met as well as maintain and develop global operating model and transfer pricing rules considering issues such as tariffs, duties, direct and indirect taxes, legal requirements, and operating efficiency.
- Align and work closely with the Group Financial Controller to optimise the delivery of “back office” functions, utilising existing resource wherever possible. E.g. invoice processing, billing, treasury etc.
- Work closely with the Group Financial Controller to ensure that all systems and processes are robust and fit for purpose and contribute to their continued development.
- Guide and support the Regional Head APAC with sales planning, analysis, and reporting, including profitability for the market, agency partner assessments, pricing strategy, local warranty provision, management of localised taxes and duties, and other tasks as required. With support from the central Commercial Finance team, the role holder is expected to challenge/validate decisions and directions taken by the China regional team to maximise profitability for Ineos Automotive China. This includes:
- Evaluation and approval of fleet deals, requiring careful assessment of the volume and profit impact as well as consideration of alternatives,
- The level of complexity in the Chinese market, coupled with the geographical distance to the UK HQ, mean that the jobholder will need to operate with a very high level of independence and in most cases will be expected to have a greater understanding of these localised issues than their line manager.
What we are looking for:
- Accounting qualification (degree or higher)
- 5-10 years post qualification experience, ideally with an automotive OEM or large Distributor or Dealer Group
- Significant experience in Finance Management roles including exposure to multiple countries and cross-border / global transactions
- Strong technical accounting knowledge
- Knowledge of Chinese tax regulations preferred
- Strong Excel skills
- Strong communication, and interpersonal skills, with the ability to build relationships and influence people
- Attention to detail
- Demonstrable ability to prioritise tasks and manage time effectively
- Good system knowledge, preferably SAP and ideally SAP S4 Hana
- Experience in managing numerous third-party stakeholders and dealer partners
- regular travel to the locations