The mainland's booming economy and higher consumer spending point to soaring profits and a rosy future for the health and beauty sector. Skin-care company Water Oasis has seen spectacular growth in Greater China, opening more than 200 retail outlets in less than 10 years. These include both self-managed and franchised ~H2O+ and Neutrogena stores in the mainland, Taiwan, Hong Kong, Macau and Singapore. Senior human resources manager Ivy Lau Mei-yin said the group also operated more than 20 spa or beauty centres in Hong Kong under four brand names, which targeted different market segments. The company is seeking a chief financial officer with commercial expertise to supervise a 13-person finance and accounting team in Hong Kong, and to liaise with the management and finance teams in other regional markets. The CFO will report to the chief executive and the board of directors. The role includes responsibility for strategic planning and group development. It will allow a creative and open-minded finance professional to make his/her mark on a company that supports ideas. 'The group has very strong infrastructure and abundant resources for expansion, and will be initiating many important business projects this year and next,' Ms Lau said. The basics for any applicant are to have a dynamic personality, excellent analytical, problem-solving and negotiation skills, and the ability to use the company's inherent advantages to pioneer new projects. Since the job entails exploring business opportunities and facilitating expansion, Water Oasis is looking for an independent, forward thinker who can communicate and present well. Daily duties will range from risk management and ensuring statutory compliance to the supervision of all financial control and accounting functions. It will also be necessary to prepare budgets, forecasts and management reports. Ms Lau said one challenge would be to strengthen investor relations and investment returns. Candidates should be qualified accountants with 12 to 15 years of experience. This does not have to be in the retail or beauty sector, but experience with a Hong Kong-listed company is essential. 'We are particularly seeking a finance expert who has been exposed to professional auditing in a Big Four company, and has progressed into the commercial sector, preferably with Greater China regional exposure,' Ms Lau said, adding that the company now had more than 1,200 employees in the region. The appointee will spend about 10 to 15 per cent of his/her time travelling in the mainland, Taiwan, Singapore and the United States. Good performance could lead to a board-level position as an executive director.