Skilled finance director sought by TV station

PUBLISHED : Saturday, 27 August, 2005, 12:00am
UPDATED : Saturday, 27 August, 2005, 12:00am

An independent-minded finance director is being sought by Hong Kong's first commercial television station, Television Broadcasts (TVB).


The new finance director will play a central role in controlling the finances of the organisation, communicating with investors on financial performance and ensuring full compliance with statutory and other regulatory requirements.


Applicants need to be highly experienced with a proven track record. One of the key responsibilities will be to manage and improve the financial control environment on a regular basis to ensure compliance with complex and changing international reporting standards.


It will also be necessary to assure proper stewardship of assets and to maintain the accuracy and adequacy of the organisation's accounting records.


The company said that deploying and managing general accounting practices throughout the organisation was required to ensure accounting and financial operations reports accurately reflected, on a timely basis, the conditions of the business.


Providing senior management with reliable and appropriate information necessary to control operations is also part of the job.


Applicants need to be organised and able to handle many important projects at any one time, with the ability to meet deadlines.


Other duties include implementing monthly forecasting and reporting, as well as overseeing the annual budgeting process.


TVB is looking for someone with experience in effective tax planning and management and compliance.


Treasury management experience is a prerequisite as the recruit will be in charge of maximising liquid resources. Capital structure planning is also needed as the finance director will be required to efficiently use available capital resources.


Another key responsibility will be to develop and deploy systems which help interpret and report the effect of external influences on the objectives of the business, including economic forces and government influences.


Finally, the chosen candidate will direct the financial planning for the organisation, which will include input to the mergers and acquisitions strategy, execution and integration.


Two of the vital skills sets being sought are a focus on the control environment, and attentiveness to opportunities and risks.


Strong communication skills (internally and externally) and fluency in written and spoken English and Chinese (Cantonese and Putonghua) are mandatory.


Candidates should have excellent people management and leadership skills.


The salary is negotiable and will be commensurate with qualifications and experience.