Behind the global investment and operation of COSCO SHIPPING Port, it relies on a series of professional and outstanding global talents. The person I want to introduce today is an outstanding representative of the Navy, the financial director of COSCO SHIPPING Port Spain Spain (CSP Spain), and the 2021 advanced individual of COSCO SHIPPING Group.
"Ren Navy has been working in the grassroots frontline for a long time, and he has been diligent and dedicated in every post, and has completed the duties entrusted by the post. In the 2018-2021 work assessment, it was rated as "excellent" for 4 consecutive years. He was able to carry out financial management work at overseas terminals, especially under the financial management pressure of JPM, and his professional level improved rapidly, winning the trust of minority shareholders. ”
This is the evaluation given to Ren Navy by COSCO SHIPPING Port Company and Spanish Terminal Company.
Today, we walk into the story of ren navy.
2 countries, 3 overseas companies, 11 years
Ren Haijun, graduated from the Department of Accounting of Shandong University in 2000, entered Qingdao Sino-Ocean in the same year to engage in financial work, starting from an ordinary employee in the finance department, and gradually growing into the backbone of the company's business. Since his overseas assignment in 2011, Ren Navy has been engaged in financial management in three overseas companies in two countries. In the grandeur of the "globalization" of COSCO SHIPPING Port, he is one of the first-hand witnesses.
Eleven years overseas may be equivalent to thirty years of career in some places. Regarding the overseas environment and the difficulties faced, Ren Navy said very little. But we know that in his 11-year expatriate career, he did not talk about any conditions and resolutely obeyed the organization's deployment. The spirit and fine tradition of the entire COSCO SHIPPING expatriate personnel, when the organization needs it, the first time someone stands up, which is fully reflected in him.
Rooted in his own duties, it is the label of ren Navy. In the financial position of COSCO SHIPPING, he has been working diligently for more than 20 years, maintaining a diligent, rigorous and pragmatic work style, daring to challenge difficulties and take responsibility. With the development of COSCO SHIPPING ports overseas, it has also opened up a larger vision for Ren Navy. Based on solid professional qualities, Ren Haijun has a more forward-looking understanding of financial management and a deeper understanding of finance. According to the stage and strategic focus of the company's development, he constantly innovates and develops the concept of financial management, promotes the transformation of financial management to the strategic finance with value management and industry-finance integration as the core, and does a good job as a good counselor for leadership, a good steward of the company and a good partner for business.
In the specific work, he led the financial team to conduct in-depth investigation and research, systematic analysis and demonstration, participate in the company's development strategy, investment projects, institutional adjustment and assessment and distribution and other aspects of decision-making, provide new ideas and rationalization suggestions, on the basis of mastering the principles of advice, to ensure the company's decision-making compliance, economy and science.
In the financial position, Ren Navy has successively won the honorary titles of 2018 COSCO SHIPPING Group Excellent Correspondent, 2019 and 2021 COSCO SHIPPING (Europe) Outstanding Communist Party Member, COSCO SHIPPING Port 2018 and 2020 Advanced Communist Party Member, 2021 Excellent Communist Party Member, COSCO SHIPPING Group 2021 Advanced Individual and other honorary titles.
Win the trust of minority shareholders with professionalism
"When you go overseas, what you can support yourself is to speak professionally." As a joint venture company, COSCO SHIPPING Port Spain Terminal, its minority shareholder JPMorgan Chase, as a professional financial investor who is good at financial management and investment and financing, has extremely high requirements for the professionalism and English communication skills of the financial director of the joint venture company.
Regardless of his illness, Ren Haijun withstood the pressure of all parties after taking over, quickly established and improved the company's various management systems and internal control systems, refined various financial and business processes, and promoted management improvement with standardized accounting.
Especially during the new crown pneumonia epidemic, he was responsive, quickly cooperated with the business department, estimated the sensitivity of the expected business volume in different scenarios, not only had a good idea of the future long-term and short-term capital situation of the Spanish terminal, strengthened the control of cash flow, but also calculated and analyzed the potential impact of the epidemic through the financial model, and made a risk warning to the board of directors that the financial commitment indicators of the subsidiaries might default 2 months in advance, and then communicated and coordinated with the three lending banks under the authorization of the board of directors. By showing the measurement results of different scenarios based on historical data (2015-2021), further explanations and analysis were made to the other party, and finally the three lending banks were successfully persuaded before the default deadline, and the consensus exemption was obtained, avoiding the risk of financial default.
It is precisely with these outstanding performances, excellent professionalism and dedicated work attitude that Ren Navy has won the respect of minority shareholders and changed the inherent impression of The Other Side's Chinese managers.
Through cost control, it effectively supports the company's strategic landing
The "14th Five-Year Plan" development plan of COSCO SHIPPING Port has established the strategic vision of "global layout" and "lean operation" as two-wheel drive, focusing on building "the world's leading integrated port operator who understands the most shipping companies". Ren Navy led the establishment of the cost control team of COSCO SHIPPING Port Spain Terminal Company, leading the team to fully implement lean operations and cost control measures, including regular monitoring, analysis of cost control work, tracking and evaluation of the implementation effect of cost control of four companies including 2 terminals and 2 railway yards. After unremitting efforts, the operating cost of a single box in Spain Terminal in 2021 showed a continuous downward trend compared with 2020 and 2019, which effectively supported the company's strategic landing through cost control.
Promote the construction of financial sharing centers
As a small port group, Spanish Terminals owns four subsidiaries in four Spanish cities, namely Valencia Terminal, Bilbao Terminal, Zaragoza Railway Station and Madrid Railway Terminal. In order to improve the overall financial efficiency of the company, reduce financial operating costs, and achieve efficient and centralized financial management and internal information transparency, Ren Haijun led the team to continuously optimize the accounting system based on the unified financial information system and financial management system, and established a financial sharing center integrating budget, statement, accounting, capital and taxation.
Through the standardized financial workflow, it not only realizes the unification of responsibilities, system platform and personnel management of the headquarters of the Spanish Terminal Company and its subsidiaries, reduces the back-end operating costs, but also helps the subsidiaries to focus on the core business, thereby better improving the core competitiveness.
Ren Haijun's life value is "continuous self-realization, continuous self-transcendence". He has always believed that there are challenges at every stage, and the greater the challenge, the greater the breakthrough. In the work position of decades of the same day, he often reflected on internal audits, seized the minutes and seconds, and forced himself to go all out in the post.
In the exploration of the depth and length of life, he constantly challenged more unknowns and more impossibilities in the field of expertise. This dedication is admirable.