News Back to list
2024 Mid-Year Qingdao symposium briefing for Financial Managers
On July 27-28, 2024, the SITC International Independent Financial managers symposium was successfully held at 21/F., Qingdao Hisense International Center. Headquarter of Financial Center and independent financial leaders of each company, and overseas expatriates responsible for the accounting of independent operating companies attended the meeting. Chairman Yang Xianxiang, CEO Xue Mingyuan, General Managers of Group Headquarter Centres and Presidents of Business Groups attended the meeting and delivered speeches.
The meeting summarized the financial works of the past year, and conducted company polices explanation, work arrangement and discussion focusing on key tasks such as accounting, fund management, SAP system upgrades, business and financial process analysis, accounts receivable management and control. Further clarified the financial work objectives and the focus of work in the next step. Some financial staffs working overseas made their job analysis and summary. The managers of Operation Management Center explained the financial problems found in the audit, ESG requirements and related party transactions, etc. The meeting also arranged special training on the new company law and the global minimum tax rate (Pillar 2).
CEO Xue requires that the finance department should strictly implement rules and regulations, perform accounting with sufficient supporting, be innovative, pay attention to finding loopholes and problems in their work, and be clear to their job responsibilities.
Chairman Yang used a football team as an analogy, positioning finance department as the defender and goalkeeper, which is responsible for delivering ammunition and providing good services to other team members, while also keeping a close watch and guarding the gate. He required the Headquarter of Financial Center to establish good systems, analyze processes, and provide good training. He also required the independent financial leaders of each company to be proactive and act in accordance with rules and regulations. In terms of process management, the external system interface should be well-made while the internal process should be clear in order to avoid errors.
