REN CAI

Experience

• 

  Industrial and Commercial Bank of China

  Jun 2013 - Jul 2013

  Financial Assistant

  1. Assisted colleagues in sorting data of client’s annual report.2. Recorded the customers’ data on series of excel spreadsheets, with emphasis on the numbers of calls which assisted the Division to reference data.3. Understand customers’ repayment ability through asset scale, predicted earnings and risk tolerance.

• 

  PwC

  Oct 2016 - Jun 2019

  Senior Audit Associate

  Electrical Equipment Industry: Participated in the final audit of Shanghai Electric Group (A-share 601727/H-share 02727); prepared disclosure of long-term receivables, long-term payable, and other related financial assets based on the information provided by client; assisted client in preparing roadshow materials and drawing roadshow PPT . Financial Industry: As the senior auditor in charge of Shanghai Electric's financial Group for two consecutive years — Shanghai Electric Leasing Company Limited (company size around RMB 11.5 billion), conducted CSOX internal control testing, industry analysis, credit review, IRR analysis, asset impairment test, and participated in issuing consolidated audit reports. Manufacturing industry: Valmet (China) Ltd. is a leading global developer and supplier in paper and energy industries, Headquartered in Espoo, Finland and listed on the NASDAQ Helsinki Stock Exchange. Responsible for auditing company’s key accounts such as revenue, costs and taxes. Assisted in issuing group reports and China statutory audit reports. Real estate industry: Participated in auditing Shanghai Cross Ocean Real Estate Development Co. Ltd. The main work was interview the internal control process of each department, draw business flow chart through standardized process, identified possible accounting misstatements and obtain corresponding internal control audit evidence. Analyzed rental income through contract review of lease agreement, adjusted withholding tax of shareholder's loan, and analyzed the reasonableness of expense provision. Show less

• 

  Huazhu Group Limited

  Jun 2019 - now

  Senior Internal Auditor

  Process audits: Auditing and optimizing of various business processes in the company, such as procurement process, sales process, engineering process and information system auditing.Special audits: Locating various risk points and following up with suggestions based on company’s business model. In warranty project of civil engineering department, rectification suggestions were made on the warranty process, which were effected more than RMB 10 million; In sales bonus audit, optimization suggestions were made on bonus calculation system and close-loop process, recovered more than RMB 4 million losses for the company. Rewarded as “Best Employee” in 2020. SoX Compliance: Lead SoX integration project of European subsidiary (Deutsche Hospitality) and conducted HuaZhu’s annual SOX404 compliance.Financial analysis: Develop data analysis on franchises’ profitability, group customer base evolution and overall business risk assessment.Fraud investigation: Dealt with all kinds of irregularities and fraud occurred in the group, including but not limited to internal staff, external franchisees and suppliers.Others: Working with external auditors and responsible for departmental training projects. Show less