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Business Development Director (it162sh)

Job Title: Business Development Director

Report To: GM

Location: Shanghai/Beijing

Our client is a world leader in Signal Systems for public transport. It successfully completed many metro projects for numerous cities around the world.
With the development in APAC, especially in China, they are looking for talents to join them.

Job Description:

The job holder should spare effort to operate the signal project in the Middle East well by good coordination with the General Contractor? other contractors and internal project team; The job included the project bidding, commercial negotiation, project implementation and team management but not limited;

Responsibilities:

1. As a key person, coordinate with the General contractor, clients, partners, onshore and offshore signal project teams to ensure the project smoothly being carried out and achieve the commitments in the middle east;

2. Strong relationship with the General Contractor to finish Tender preparation Bidding, Commercial Management of potential projects;

3. As project required, coordinate with GM to prepare project plans, technical plans and build up the project team;

4. Prepare the project reviews and action plans, control the project potential risk or issue that potentially affect performance at Project Level;

5. Support GM in managing all projects to achieve Quality, Cost and Delivery commitments through the delivery of all work packages according to the contract requirements;

6. Review regular status and the progress reports and meeting minutes from the Project Manager, Project Engineer and the Customer;

7. Attends all meetings with clients, project managers, site managers and sub-contractors;

8. Supervise the performance of all the work packages of the project;

Requirements:

1. Bachelor degree in technical engineering – preferably with major in Signal with solid electrical knowledge;

2. 8-10 years relevant working experience;

3. Working knowledge of Metro Signal products ;

4. Rich projects management experience Railway industry; Oversea project operation and management experience is prefer;

5. Able to understand technical specifications / standards / drawings;
6. Fluency in English, both written and verbal;

7. Able to work under pressure and manage issues with priority;

8. Strong negotiation and communication skills;

9. Rigorous, autonomous, result-oriented;

10. Readiness to travel within China and occasionally beyond.

* Please send us your complete resume (in Chinese and in English) to: ‘topjob_it162sh@dacare.com'(Please replace “#” with “@”)
* In the email subject please include the position name and job #

China recruiting foreign workers

For those with a financial background who are looking for an opportunity to work overseas, China may be the place to go.

Reuters cites a Chinese government official saying that China’s State Administration of Foreign Exchange (SAFE) began its first global recruitment search for money managers to aid in the investment of the country’s $2.3 trillion of foreign exchange reserves.

A SAFE official told Reuters that the government would like to increase its return on the reserves and wants to tap into the global resources of bankers who may be looking for a job.

The official, who could not be named because he was not authorized to talk to the media, told the news source, “It is time for us to hunt talent from overseas financial markets, as the post-crisis economic outlook becomes clear to financial professionals and their institutions.”

According to the SAFE website, there are a range of positions open such as, portfolio managers, operations and legal consultants and research staff. Applicants should have a working knowledge of both Chinese and English as well as at least two years of work experience at a well known financial institution.

The government official interviewed by the Reuters declined to say how many foreign workers SAFE was looking to hire.

According to oDesk research, China is a popular country for providers on its site. There are currently 947 providers from China who charge an average hourly rate of $18.27 for their services.

Survey indicates better job prospect

Wu Liwei, a postgraduate major in journalism from Renmin University of China, has been trying to find a job for some time. And though the 24-year-old is yet to get a satisfactory offer, Wu said yesterday that she still felt lucky and hopeful.

“Next year looks better than even this year,” Wu said. “A friend who majored in the same subject last year said many big companies had stopped recruiting then.”

But this year, staff from a lot more companies, including big names, visited her university for campus recruitment. “I have attended about 10 such recruitment fairs, and many of my classmates have got offers. I am waiting for the right one,” she said.

Most university graduates like Wu feel the same. And it’s true that China’s recruitment prospects are better now than last year or early this year.

Buoyed up by the ongoing economic recovery and domestic consumption, the willingness of potential employers to hire people in 2010 will be stronger than this year, with companies in second-tier cities showing greater interest, a Manpower survey released yesterday said.

According to the survey, conducted by the world’s leading employment service provider, 19 percent of the potential employers said they would hire people in the first quarter of next year – 2 percentage points higher than in the fourth quarter of 2008, and also the highest since late last year.

Those who aim to cease recruitment in the next quarter add up to only 5 percent of the total, 1 percentage point lower than in the previous quarter and the lowest in a year.

Manpower has done such quarterly recruitment studies in China for five years. This time, it interviewed 4,317 enterprises from home and abroad for the survey.

“Actually, the recovery helped improve China’s labor market from the second quarter of this year,” said Danny Yuan, managing director for Manpower China. “Now, employers are more confident of hiring people next year,”

Xu Zhixue, senior consultant with Beijing-based Zuoyou Consulting Group, a leading local human resource service provider, corroborated Yuan.

Zuoyou’s clients are usually big State-owned enterprises (SOEs) in telecom, aerospace and mining sectors, such as Beijing Mobile. “They (SOEs) were worried over the economic trend and most of them had scaled back their recruitment,” Xu said.

“But since the last quarter, they have recovered their confidence. Now, we are much busier than before,” he said.

China’s economy began showing strong signals of recovery in the third quarter of this year, with GDP growth reaching 8.9 percent. Decline in exports began easing off, too, and the sector is expected to have taken to the growth trajectory in late 2009.

According to Manpower, employers in the finance, insurance and real estate sectors could be the biggest recruiters next year, with the mining and construction industries registering the fastest growth in the past quarter.

The survey also shows employers in cities like Chongqing, Xi’an, Qingdao, Wuhan, and Suzhou expect to see a stronger hiring environment than their counterparts in major cities.

Bonus payout continues amid financial woes

With Christmas spending just around the corner and memories of frozen annual bonuses lingering from last year, many companies in Beijing are calming employee concerns with news they will come through with cash regardless of economic woes.

“Though some companies said they won’t pay out a bonus in 2009, the majority said they would pay no matter what the impact on the business was,” said Tommy Li, a senior consultant at Mercer, one of the largest international HR consulting firms operating in China.

Li, who was the product manager for the China Monitor Report, a quarterly survey containing the most updated HR trends in China, said most companies froze or postponed yearly bonuses in 2008 due to the dire global financial situation.

The China Monitor Report, which surveyed over 290 companies, found that more than 69 percent confirmed they would pay yearly bonuses this year despite the global financial crisis. Only 4 percent of companies said they would not.

In addition to the return of year-end bonuses, the China Monitor index found that jobs are on the rise. In the fourth quarter of 2009, over 78 percent of business said they had plans to hire new employees and less than 10 percent said they would downsize.

One sales director of a Beijing-based metals business said that he fears his company will lose employees in the reviving employment market. With the exception of last year, he said he has noticed a trend of employees leaving his company after receiving their yearly bonuses.

“There’s a joke in my office about it. Every year, out of the 15 people that report to me, I lose anywhere from three to five,” he told METRO, requesting that he not be named.

He said employees feel less incentive to stick around after receiving the year-end payout.

Though the company gave out bonuses last year, much to his surprise, he said his salary had been frozen. “This year, with companies starting to hire again, I expect to see a lot of movement. Most people stayed at their jobs last year, grateful just to have a paycheck, but with confidence restored and hiring resuming, I think this year will be different,” he said.

The Accor hotel group on the other hand is taking a different approach to distributing end of the year bonuses.

“The bonuses of our salaried employees engaged in the corporate office are assessed against several criteria – including the performance of the company,” said Robert Murray, Senior Vice President of Greater China for the ACCOR Hotel group.

Murray, who has been working with Accor, a foreign public company listed in France, for more than five years has seen shifts in the market. He said Accor’s system allows employees to share in both the good times and the more “challenging times”, such as the 2009 economic crisis.

“Although it is yet to be determined, it is fair to say that bonuses for this year will be examined in line with results,” Murray said.

He added that employees at the hotels, outside of the corporate office, are usually given bonuses based on individual successes of their hotel.

“There will be mixed outcomes of bonus payments to these employees,” he said.

Venture capitalists funding more bio-pharmaceutical projects

Spurred by the healthcare reform launched by the central government, healthcare has now become the hot destination for domestic and foreign venture capital (VC).

The buzz has been the most active in the bio-pharmaceutical sector which has raised funds to the tune of nearly $130 million in the first half of the year.

The sector accounted for 20 percent of the investment deals signed in China during the same period, according to a report by Zero2IPO, a leading domestic service provider for the venture capital and private equity industry.

“The ratio is pretty high. The passion (for bio-pharmaceuticals) has been ignited by the predictable growth potential in China’s healthcare industry and the growing demand for biopharmaceuticals,” said Zheng Yufen, senior manager for healthcare at the investment banking division of Zero2IPO.

“Talks are also on for a slew of other investment deals in the bio-pharmaceutical sector and hopefully they would be sewn up by the end of the year,” she said.

“The bio-pharmaceutical segment often sees mega deals and would continue to catch the fancy of venture capitalists for some time to come.”

In January, Kerry Bio-Science, a Zhejiang-based life science research pharmaceutical company, raised its second round of funding worth $13 million from KPCB China and some institutional investors. Kerry Bio-Science will use the funds to set up a new development and research center and expand its output capacity.

The Kerry Bio-Science deal sparked a flurry of investment in the bio-pharmaceuticals sector. Macrostat, a clinical research data provider on bio-pharmaceuticals, got investment, with no details available, from Tigermed Consulting and Qiming Venture Partners. In May, KPCB China made its second investment this year, in Nanjing-based Genscript Corporation, a leading bio-pharmaceutical research outsourcing company, at a price of $15 million, the largest this year.

According to Xiao Jun, executive vice-president of Genscript, the company got funding due to its “inherent strength in biotechnology research and its comprehensive service system”.

“GenScript needs capital and mature management experience to help fulfill the goal of becoming a leading contract research outsourcing company,” Xiao said.

Bio-pharmaceutical companies are those producing drugs using bio-technology. In early 2000, investors began to show interest in the sector, but the investment was not sizable given the limited scope of the medical market then.

“After China unveiled its healthcare reform, a huge potential for these products was unleashed,” said Zheng.

Over the next few years, China’s bio-pharmaceutical sector will continue to grow by 12 to 15 percent annually, and by 2010, the market will reach $100 billion.

With its strong talent pool, China is in a much better position to attract investment by international medical companies for R&D centers. In November, drug major Merck Serono and IBSA, a Switzerland-based bio-pharmaceutical company, announced plans to set up R&D centers in China.

Maurizio Dattilo, director of Strategic Marketing of IBSA, said: “China has a very strong scientific research team and employees to work for the R&D center.”

This year, venture capital firms like International Data Group and SAIF are bolstering their teams and hiring more employees from hospitals and domestic bio-pharmaceutical companies.

“Both the companies are in negotiations for deals of over $10 million,” said Zheng.

TCL joint venture headhunting talent from Taiwan panel industry, sources say

The joint venture (JV) of China-based LCD TV vendor TCL and Century Science & Technology Investment Corporation is headhunting talent from Taiwan’s panel industry, according to sources in Taiwan.

TCL is recruiting people from panel makers including AU Optronics (AUO), Chi Mei Optoelectronics (CMO) and Chunghwa Picture Tubes (CPT), the sources said.

Employees of Taiwan’s panel companies may be more motivated to defect to China competitors now that the local LCD industry is consolidating. Innolux Display is merging with CMO and TPO Displays, leaving minor players, such as CPT, in a more difficult position, the sources from Taiwan’s panel industry commented.

The China government plans to attract LCD panel makers to set up production plants in the country by providing subsidies, the sources claimed. Panel makers will only need to shoulder 10-15% of the total investment, while the government will cover about 30-40%, with the rest coming from outside investors, the sources added.

Senior Treasury Consultant(it161sh)

Company: *******

Job Title: Senior Treasury Consultant

Report To: Director, Professional Services Corporations

Location: __ Shanghai_

It is one of the world’s leading software and IT services companies. They provide software and consulting solutions that are designed to meet the specialized needs.

Job Description:

Be responsible for completion of consulting assignments as part of Treasury implementations and projects in Asia Pacific

Key responsibilities:

1. Assist client with the implementation of Company product in accordance with planned project tasks including design, product configuration, training, scoping and estimation of tasks.
2. Keep up to date on functionality available in Company product and latest releases of new features or modules.
3. Ensure organizational systems, tools, processes and standards are followed and adhered to.
4. Seek continuous improvement in the processes, methods and standards applied to each consulting assignment.
5. Translate, communicate and reinforce the goals, values and priorities of the organization.
6. Pro-active investigation of possible business solutions to meet identified and as yet unidentified clients needs.
7. Know the client, both internal and external, and delivers professional, personalized service based on that knowledge. Ferment client relations.
8. Identify and resolve client issues, assisting with resolution where necessary.
9. Contact regularly with the Project Manager and Professional Services Manager to discuss schedule, status and issues on current projects and providing status, prioritization and possible issues resolutions.
10. Recognize business development opportunities and escalate to the Project Services Manager.
11. Close liaison with other SunGard offices, especially with regards to the development cycle and client initiatives.
12. Ability to work under pressure, both in terms of deliverable deadlines, but also in communication with clients under difficult situations. A calm and professional manner at all times is an essential requirement.
13. The ability to pay attention to detail while also being capable of seeing the ‘bigger picture’.
14. Assist with some project scoping as part of pre-sales activities.
15. Be Pro-Active
16. Excellent communication, good command of English
17. Ability to work alone and hold one’s own.

Qualifications Requirements

1. Solid understanding and experience of Corporate Treasury, 10+ years experience
2. Sound knowledge of Accounting practices
3. Knowledge of financial instruments (FX, MM, IRS, FRA, Bonds etc.)desired, Hedge Accounting a plus
4. Has a good knowledge and understanding of operational and business processes
5. Awareness and appreciation of markets and clients within the region
6. Understands Software Package Implementation process, 5+ years experience
7. Consulting orientation
8. Industry and product knowledge
9. Excellent interpersonal and communication skills
10. Ability to build, maintain strong client relationships.
11. Experienced in understanding current consulting and project management practices.
12. Travel throughout Asia Pacific
13. Clear organizational awareness and knowledge
14. Excellent problem solving capabilities:
? Identifies the issues and thinks it through sequentially.
? Differentiates the symptoms from causes
? Identifies problems gathers facts and other appropriate resources needed to resolve the issue
? Understands available options and recommends / implements solutions
? Follows established processes and procedures
? ‘Think outside the square’ approach.
15. Excellent issue resolution capability
16. Excellent training and professional skills
17. Able to interpret and liaise between differing organizational cultures
18. Recognizes business development opportunities
19. Listens, to ensure understanding prior to making decisions or taking action
20. Is diplomatic

* Please send us your complete resume (in Chinese and in English) to: ‘topjob_it161sh@dacare.com'(Please replace “#” with “@”)
* In the email subject please include the position name and job #

Graduates pick study over job market

More than 30 percent of college graduates choose postgraduate study over job hunting because they believe looking for work is too difficult, a study shows.

Zhang Xiaochu, director of Haidian human resource service center, said 33.7 percent of the 2,641 college students surveyed said they would study for a higher degree, including 8.58 percent of respondents who want to study abroad.

He said the employment situation remains challenging because of the financial crisis, intense competition and the gap between employers’ expectations and the capability of graduates.

The Beijing municipal education commission said last week that there were about 209,000 university graduates in Beijing in 2009 and more than 10,000 graduates have still not found a job.

These people will continue to fight for jobs against 219,000 fresh graduates in 2010, making job hunting even more intense.

“We can not find satisfactory jobs and so many classmates of mine choose to study further,” said Cui Yan, who graduated from Capital University of Economics and Business in the summer of 2009.

He said 10 out of the 34 people in his class who did not find jobs immediately are planning to study further.

Cui was employed at a public relations agency in July but quit because he thought the job was too hard and the wage too low. He said many of his classmates had similar wage expectations.

“I think our mentality has a little problem,” Cui said.

He said they cannot put up with the busy work and are not satisfied with their salary.

The report from Zhang’s center also found employers need employees who can work independently as soon as possible, but the biggest problems graduates face is a lack of experience.

The Haidian human resource service center and the Renmin University of China conducted the survey in July.

As many as 3,275 questionnaires were sent out to 36 colleges in Beijing and 2,641 effective replies were collected, about 70 percent of who will graduate in 2010.

AstraZeneca to move production of raw materials for drugs to China

AstraZeneca plans to move all production of the vital molecules in its medicines offshore, mainly to China.

The pharmaceuticals company’s cost-cutting drive, which will continue for some years, means that it will cease to produce or source active pharmaceutical ingredients (API) in the UK.

The manufacturing shift to Asia could lead to job losses and either plant closures or a sale to another company, but an Astra spokesman said no decisions had yet been made. “Over the next several years we would seek to outsource all of our active ingredients,” he said.

In the UK, Astra makes APIs for cholesterol and schizophrenia drugs in a factory at Avlon, near Bristol, which employs 300 people. An option for that facility could be a sale to a third party but no decision has been taken, the Astra spokesman said.

Astra has ended the production of active ingredients at its main UK factory in Macclesfield and has been building up its manufacturing presence in China with a big factory in Wuxi, which in addition to making APIs, also does medicine formulation and packaging.

The decision by Astra to shift offshore the entire process of making active ingredients will ring alarm bells in Britain’s chemical sector, which has suffered huge losses in the recent downturn.

According to figures compiled by the Chemical Industries Association, Britain’s trade in pharmaecutical ingredients moved into positive balance over the past year after a decade of deficits. Anecdotal evidence suggested some UK-based chemical companies were getting contracts from drug companies that had experienced quality-control problems in India and China.

The outsourcing of the active molecule in a medicine is an important trend among drug companies and is increasing, said James Knight, chemicals analyst at Collins Stewart, the broker. “There is a move to outsource more and more of the basic ingredients from Asia,” he said.

The threat to makers of pharmaceutical ingredients comes at a time when the UK chemical industry is reeling from a sudden fall in demand from manufacturers. A big chemical site, originally developed by ICI in the northeast of England, has come under threat after a decision by Dow Chemical, the American company, to cease production at its ethylene oxide plant. The integrated nature of the site means that the decision has put neighbouring plants, both suppliers and buyers, under pressure.

Robert Tyler, president of the Chemical Industries Association, said the pressure could become too great for some companies. “If the final decision on ethylene oxide is negative, then there will be more job losses. We have put a plaster on it for a year. A lot of companies will say we are returning to demand levels in 2005 and they will restructure.”

AstraZeneca last month reported that pre-tax profits for the third quarter rose 27 per cent to $3.4 billion (£2 billion), as revenue rose by 5 per cent to $8.2 billion.

Pressure builds on employees

Nearly nine out of 10 Chinese workers are under growing pressure at work as China leads the world toward economic recovery, a global survey has found.

The survey by Regus, a US-based provider of workplace solutions, polled 11,000 companies in 13 countries during August and September. It found 58 percent of companies worldwide had seen a rise in workplace stress during the preceding two years.

“Nearly 86 percent of Chinese people report that their levels of stress had become ‘higher’ or ‘much higher’ during the past two years,” the survey noted.

The smallest increase in stress worldwide was felt in Germany and the Netherlands, with a respective 48 percent and 47 percent of workers saying they had experienced more stress.

With the World Bank forecasting China’s GDP will grow by 8.4 percent this year, indicating the country is well on the way to recovery, Chinese workers are at the sharp end of the world’s efforts to rebound.

“While their international counterparts feel stressed as a result of the global economic downturn, the stress faced by Chinese workers is twofold,” said Hans Leijten, regional vice-president of East Asia for the Regus Group. “On the one hand, they must react fast to the new opportunities provided by a country that maintains a higher-than-8-percent GDP growth. On the other hand, they have to deal with the retraction challenges presented by the global economic downturn.”

About 42 percent of Chinese workers said they were particularly stressed about the increasing focus on profitability.

Among the stressed workers, 28 percent said maintaining excellent levels of customer service was the main reason for their sleepless nights.

Another survey, from the Horizon Research Group, said respondents quizzed in June complained that the global financial crisis had contributed to rising pressure among Chinese workers.

About 34.2 percent of people interviewed for that survey said the crisis had increased workplace pressure.

Those most affected by the added stress were in the 24-30 age group and the majority worked for foreign-invested enterprises, the report said.

Most of the pressure at work came from career development, performance appraisal and salary issues.

In the midst of the downturn, employees were involved in fewer malpractices, were more likely to volunteer to do overtime and more inclined to postpone planned leave.

Both surveys reflect Chinese society, where many employees are inclined to put in long hours.

“Karoshi”, or death from chronic overworking, is no longer a phenomenon reserved for the Japanese. In China, there have been reports of employees dying on the job. Early this month, a young software engineer at a video website died at his desk after putting in a series of 13-hour days.

“The pressure does not necessarily ease with different economic situations,” said Sam Liu, a 31-year-old marketing strategy manager with a global company. “You have one kind of pressure in good times and another kind in bad times.

“I have time to sleep. But I have to sacrifice my hobbies and the time I would like to spend with my friends.”

Among the reasons why some Chinese people work so hard is the massive competition within the vast workforce.

“There is always another guy who is willing to do 12 things when your boss has asked you to do 10 things.

“You deal with the pressure or you quit,” Liu said. “It is up to you.”