Jin is an LBS graduate and CPA in both China and the United States. He has helped solve complex accounting and reporting challenges with global clients. An Ernst & Young veteran, Jin has worked at large enterprises such as Sinopec and Vitol, before transitioning to working with startups. His expertise focuses on financial reporting, modeling, due diligence, serving as an interim CFO, and delivering internal process improvements.
Raised CHF 100 million investment commitment from a Swiss private equity firm to finance working capital and capital expenditures for 50 Chinese projects, delivered investor presentation, financial model, and managed the investor's due diligence process.
Prepared the cashflow forecast for the group's entities across China, India, and Switzerland for monthly cash flow management and cost control purposes.
Reviewed and presented the business model and financial projections to over 20 potential investors and banks.
Managed the group audit, accounting, reporting, treasury and tax functions, complying with IFRS and Swiss GAAP.
Analyzed potential Chinese markets and counterparties, and led negotiations with local Chinese municipality customers.
Led a complex purchase price allocation for an over $200 million acquisition in a Nigeria downstream energy business. Finalized the purchase price adjustments for various working capital, intercompany balance, and provision changes.
Built a group cash flow forecast and budget for a $100 million South African coal mining joint venture, illustrating the critical cost and profit drivers for shareholders.
Rebuilt the coal mining group's monthly closing and consolidation process as well as the shareholder reporting packages, incorporating the in-depth comparative analysis of budget variance analysis.
Served as the interim CFO leading a six-person Johannesburg-based finance team.
Implemented the Pastel accounting system in acquired subsidiaries and converted various entities' chart of accounts into an integrated and consistent group chart of accounts.
Focus areas: Financial System Implementation, IFRS Adjustments, Monthly Close Process, Finance Process Improvement, Charts, Cash Flow Forecasting, Purchase Price Allocation, Acquisitions, Accounting, M&A Reporting, Financial Consolidation
2015 - 2016
Rebuilt and led a six-person finance team responsible for group accounting, receivables and payables, and consolidation functions following the bankruptcy of the previous owner and the acquisition by the Carlyle and Vitol as new investors in a Swiss-based oil refinery group.
Transferred the group IFRS consolidation and reporting function from Vitol's shared service center in Rotterdam to a local Swiss-based team within a month via intensive on-site learning and process redesign, earning a commendation from the CEO.
Reduced group monthly closing and consolidation process for over 30 entities across five countries from over 60 days to 40 days.
Managed the financial integration of an over EUR 300 million Dutch acquisition, preparing and managing the audit process of the purchase price allocation, coordinating with the valuation service provider, converting the accounting policy of the acquiree to the group policy, and establishing reporting packages and processes between the acquiree's finance team of over 20 people and the HQ finance team.
Led the accounting system transition from Vitol's proprietary system to JD Edwards' ERP system with a newly created chart of accounts and established integrations with the existing trade system, Vista.