Key words : work with colleagues form around the world, possibility to be transferred, acquire experience |
« From applied mathematics to treasury supervision » |
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Who are you, LiPing-Judy? |
As a graduate in Applied Mathematics from the Beijing Institute of Technology, I have held positions with Chinese and international companies before joining Schneider Electric in 2000. As Treasury Supervisor, I participate in the financial management of the company in the fast moving Chinese environment. In my spare time, I love to take out Meng Xiang, my lovely 5 years old daughter. With my husband, who works in a Belgian company, we like travelling. We have been to Singapore, Hong Kong and Malaysia and plan to fly to Australia next year. |
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From applied mathematics to treasury supervision, there seems to be a long way: how did you move from one to the other? |
I have always been interested in accounting and the financial matters. After taking my Science Bachelor Certificate in 1992, I took a certificate in accounting. I also had training in IT and that’s why I started my career as IT supporter in a State-owned rubber plant where I worked for three and a half years. Later, when I joined a logistics company, I was also in charge of IT support for more than one year before being transferred to accounting. |
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What does your maths and IT training bring you as a treasury specialist? |
It gives me methodological ease in managing the accounting and financial analysis process. By the way, I think that is what Schneider Electric liked when I applied in 2000. |
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What were you looking for when you applied for the position with Schneider Electric? |
I had spent four and a half years with this logistics company and I was beginning to look for an opportunity in a different industry where accounting would be more complex and more challenging. That is why I answered the Schneider Electric advertisement on the Internet. But frankly, I didn’t know much about the company at that time. |
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What have you discovered since then? |
Firstly that Schneider Electric is a truly international company, where I work not only with Chinese people but also with colleagues from other nationalities including France, Australia, Germany and even some African countries. Secondly, it expands more quickly than many companies, through acquisitions and JV’s in particular. That is what makes treasury management so interesting. |
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What positions have you held since you joined Schneider Electric? |
I started as a Senior Accountant in charge of account receivable, general ledger and account payable successively, for three and a half years. And then, I was transferred internally to the Treasury Team as Assistant Treasury. After three years, I had enough experience and I got recently promoted to Treasury Supervisor. |
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What does the job consist in? |
It consists in cash management, foreign exchange management and financing and bank relationship management etc. It’s a work that calls for attention because the cash status, exchange and interest rates undergo constant change. Consequently, I have to monitor these parameters and make relevant decisions, for which I must ask the approval of my manager: for example, accelerate payments due, transfer cash from other banks to our pooling bank, contact bank to place call deposit to get more interest income if we have surplus cash, sell or buy US dollars, etc. The restricted financing environment and active exchange market make my job very challenging. What’s more, the Chinese growth means I’m managing more relationships with more banks and more cash pooling participants, and giving more attention to cash status. |
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What do you expect in the future? |
I’m interested in Treasury, and I plan to work in this field in the coming years, striving to do my job better and better. For the time being, I’m really busy with my language training because I need to be more fluent in English. |
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