Peter Fu

(Taikang Insurance Group, A top 5 insurance holdings corporation in China, run business of insurance, and assets management, medical treatment, the aged nursing care) Taikang Pension & Insurance is focusing on pension and employee benefit management, tax-preference related insurance, social insurance trusteeship...  C-ROSS implementation for company risk management complying to CIRC rules and policies  Corporate risk management and internal control  Corporate budgeting and financial analysis  Cash flow planning and insurance claim management  Actuarial studies and products management  Re-insurance operation  Pension products research and formulating  Enterprise annuity and Occupational annuity investment  Anti money-laundry  Tax planning

 Directly looking at all Greater China financial & accounting operations and decision-makings.  Supervising and handling daily business operation and daily accounting & finance issues  Closely working with Group CFO and HQ Finance Team in NewYork for accounting & finance compliance on policies, processes, and procedures; 8-K, 10-K and 20-K financial reporting under US GAAP complying to SEC requirements.  Consolidating Greater China financial reports and financial analysis under US GAAP, and complying to SEC requirement  Budgeting review and analysis (established revenue forecast model, resources allocation, business review together with Sales VP and CEO)  Business process restructuring for GCD, and MIS system establishment and implementation to ensure accurate bookkeeping to meeting HQ requirements  Handling and cooperating with internal & external auditor for auditing issues(including routine audit and SOX audit)  Taxing planning

The company is one of the US listed companies, focusing on out-of-the-door advertising, Public relationship & marketing services.  Corporate strategy formulating, corporate investment & financing planning and arrangement, investor relationship management  Business compliance and control, project management, feasibility study, due diligence, deal structure, investment models…  Formulate and establish Corporate Financial & Accounting related policies, procedures, Process, e.g. financial & accounting manual, internal control, comprehensive budgeting, cost center, COA(chart of account), fixed assets management, credit & collection, bad debt provision and write-off, procurement management  Handle inter-company issues among headquarter, China Holding Company, other regional operation center, and all the legal entities, for examples, transferring price issue, withholding tax issue, funding injection issue, efficient tax planning issue  Daily financial & accounting operations, e.g. accounting entry, bookkeeping, financial records, financial analysis, US GAAP, IFRS & IAS, and PRC GAAP reporting and financial statements reconciliation.  US GAAP and IFRS(IAS) accounting system set-up(including ERP system, Revenue Recognition Policy, capital accounting policies and treatment, stock option accounting and processing, Chart of Account, Cost centers, journal entries.  Statuary reporting for PRC GAAP, tax filing, reconciliation, and planning.  Develop, establish, and maintain relationship with all stakeholders and authorities(Tax bureau, SAFE, Industrial & Commercial Administration, Social Security Authority, bankings…)  Tax planning  Cooperate with Accounting firm and Legal Office on corporate IPO in several Stock Exchange Boards.  Pre-stage preparation for Shifting public-listed share from OTCBB to NASDAQ, AMEX, or NYSE

 Corporate strategy crafting, investment and financing, investment feasibility study, VC and PE negotiation, investor relationship management…  Formulate corporate financial and business operation policies, procedures and process, and supervise the enforcement and implementation; Closely working with CEO on corporate finance, investment, and business operation decision-making and strategic management.  Working with lawyer offices and accounting firms on IPO programs, e.g. corporate restructuring, various agreement formulating, assets and equity streamlining, communicating with investors, underwriters, sponsors for preparing kinds documentations,reportings…  Design stock options plans for employee stimulating, warrants, financing (private placement)  Be responsible for and looking at more than 20 subsidiaries’ daily finance & accounting management and business operation & practices  US GAAP accounting system set-up(including ERP system, Revenue Recognition Policy, capital accounting policies and treatment, stock option accounting and processing, Chart of Account, Cost centers, journal entries.  Statuary reporting for PRC GAAP, tax filing, reconciliation, and planning.  Corporate budgeting, financial planning, internal control, tax planning, business analysis, bookkeeping and accounting treatment, treasury management, order management, sales contract management, product pricing and discounting. Credit & collection management, financial solutions for business growth and expansion.  Internal audit conforming to SOX standards, documentation and filing, procedure and process audit… Major Achievements  Worked out corporate Financial Operational Manual, Fixed assets policy, Credit & Collection policy, AR writeoff and Credit memo policy, Revenue Recognition policy, Spending approval policy, Stock option accounting policy, and other accounting and financial regulations… 

 Daily communication and operational cooperation with APAC SSC(Shared Service Center, based in Sydney, Australia) and GFIC(Global Finance Information Center, based in Bangalore, India). Ensure compliance of Oracle global policies and procedures at corporate level, meanwhile, tailor and localize Oracle China business operations and practices  Business analysis, supporting 4 LOBs(License, Support, Consulting, Education) on cost control, financial analysis, forecast, risk control, revenue recognition, credit memo issuance, rebate and commission…  Financial projection and forecasted revenue-cost-profit analysis on big projects deployment and tendering; Provides core support to help identify best practices and define the deployment processes across different product lines, industrial sales, and application for related functional teams.  Corporate planning and budgeting, cost control, cost structure and trending analysis  Accounting treatment, AP, AR, expenses, G/L, journal entry. Treasury management, cash balance, working capital management…  Sarbanes-Oxley Act 404 compliance and implementation for internal control and corporate governance.  Financial reporting (IFRS and IAS, US GAAP vs PRC GAAP), statutory reporting  Tax filing and declaration, corporate tax planning, VAT return project coordinating and arrangement of Oracle China.  Order management. Contract review and PO treatment in feeder system

 Financial analysis, financial support on business development  Tax planning, calculation, and declaration.  Daily accounting operation complying to corporate financial systems(monitoring, capital budgeting, internal control…), improving and perfecting the process of tax management, cost control, goods release and shipment,…  Financial reporting (balance sheet, cash-flow statement, profit and loss statement, AR aging report, daily cash report, revenue recognition, business report on distributors and resellers  Credit check and evaluation, AR collection, risk(financial risks, credit risks, default risks) analysis and hedging  Seek for financial solutions(irrecoverable discounted notes, AR buy-out, credit guarantee, stand-by L/C… ), to facilitate business development and maximize the revenue and profit

 Financial analysis and credit analysis on leasing projects  Leasing terms desinging, consume credit project deployment, project analysis, investment, financial feasibility study, project financing about HP products.  Market expanding and business development, risk analysis, identification, hedging  Leasing fees collection and residue value of products disposal  Account management and customer service.