Finance Supervisor

Description

Position Summary: We are seeking a qualified Finance Director in Mexico with strong academic background, experience in finance, Mexican taxation, and technical skills to lead teams. Key Highlights: 1. Leadership in finance and regulatory compliance in Mexico 2. Proficiency in Mexican taxation and SAT systems 3. Experience in financial management and team leadership Below are the essential requirements for the Finance Director position in Mexico: ## 1. Academic Qualifications and Certifications (Education & Certifications) * Basic academic degree: A bachelor's or higher degree in Accounting, Finance, Business Administration, or a related discipline is mandatory. * Certified Public Accountant (CPA / CPC) designation: In Mexico, holding the Certified Public Accountant (CPC) certification is a significant advantage, as it certifies legal authority to sign official financial statements and respond to tax audits. [1, 2, 3] * ## 2. Core Knowledge of Mexican Taxation and Regulatory Compliance (Mexican Tax & Compliance) This is the key factor distinguishing a "general accountant" from a "Mexico-qualified accountant." The candidate must master: * SAT (Mexico's Ministry of Finance) system: Expert handling of all online processes within the SAT system. * Electronic invoicing (CFDI 4.0): Given the mandatory nature of electronic invoicing in Mexico, the responsible person must master CFDI issuance, cancellation, association rules, and the Payment Complement process. * Local tax legislation (Income Tax Law / VAT Law): Mastery of monthly income tax (ISR) and value-added tax (IVA) filings and annual settlements, especially with practical experience in IVA refunds (IVA Refund), a topic of great interest to multinational enterprises. * Transfer pricing (Transfer Pricing): Knowledge of compliance requirements regarding transaction pricing between foreign parent companies and Mexican subsidiaries. * Mexican Financial Reporting Standards (NIF): Familiarity with local NIF and ability to map them to International Financial Reporting Standards (IFRS) or accounting standards of China or the U.S. [4, 5, 6] * ## 3. Work Experience and Industry Background (Experience) * Tenure requirements: Typically, a minimum of 5 years of experience in finance is required, including at least 2–3 years managing financial teams. * Experience with multinational corporations or Chinese-capital enterprises: Candidates with work experience in multinational corporations, multilateral trading firms, or the Big Four accounting firms will be prioritized. * Experience with specific foreign enterprise structures: Chinese manufacturing companies in Mexico often strongly prefer financial professionals familiar with the maquiladora model or the "shelter" tax filing model. [5, 7, 8, 9, 10] * ## 4. Languages and Communication Skills (Languages) * Spanish (native level): For communication with the Ministry of Finance (SAT), banks, the Ministry of Labor, external auditors, and local staff. * English (working language): Generally, a B2/C1 level or higher is required to fluently prepare financial reports in English for overseas headquarters (e.g., Chinese or U.S. corporate headquarters). * Chinese (preferred): Mexican-based Chinese enterprises often consider "Chinese–Spanish bilingualism" or "Chinese–English–Spanish trilingualism" a fundamental competitive advantage, enabling direct and seamless communication with senior executives dispatched from China. [1, 5, 8, 9] ## 5. Technical Skills (Technical Skills) * ERP systems: Must be proficient in using financial modules of major ERP software (e.g., SAP, Oracle, or NetSuite). * Office software: Proficiency in advanced Excel functions (pivot tables, VLOOKUP, complex formulas, macros, etc.) for data analysis. [1, 11] ## 6. Knowledge of Local Labor Laws and Benefits (Labor & Benefits) Finance Directors frequently collaborate with Human Resources on payroll reviews and thus must understand: * Profit-sharing (PTU): Mexican law requires companies to distribute 10% of their profits among employees (Participación de los Trabajadores en las Utilidades). *Translation performed using the free version of DeepL.com* Salary: $15,000.00 – $30,000.00 per month Benefits: * Company parking Work location: On-site employment