French Healthcare Company's Korea ㅣ Japan Operation

Korea Japan Finance Manager

Backgrounds

• Client's Business: A global healthcare company seeking a Finance Manager for its Korea entity, with additional oversight of the Japan business. This role was crucial for providing comprehensive financial leadership and acting as a strategic business partner across divisions.
• Hiring Need: The company required a versatile Finance Manager capable of wearing multiple hats, including responsibilities in Supply Chain Management (SCM) and Human Resources (HR), in addition to finance. The ideal candidate would possess strong communication skills for effective collaboration with internal stakeholders and have experience managing the financial operations of a business with a diverse product portfolio.

Challenges 

1. Multifaceted Role: Finding a candidate with a broad skill set encompassing finance, SCM, and HR, capable of serving as a financial business partner within a complex organizational structure.
2. Multi Business line Management: Identifying a professional with experience in managing the finances of a business with a vast number of products, especially important in the fast-paced healthcare sector.
3. Cross-divisional Communication: Ensuring the candidate had the ability to communicate effectively with various internal divisions, aligning financial strategies with overall business objectives.

Strategies 

1. Targeted Search in Multinationals: Focused the candidate search on professionals with leadership experience in finance at multinational companies, particularly those with additional experience in SCM and HR.
2. Emphasis on Product Diversity: Prioritized candidates with proven experience in managing the financial aspects of businesses with a wide range of products, placing additional weight on this criterion during the screening process.
3. Comprehensive Evaluation: Conducted in-depth interviews and assessments to evaluate candidates' financial acumen, strategic thinking, and ability to integrate finance with SCM and HR functions.

Conclusions

• Outcome: The recruitment effort led to the successful hiring of a Finance Manager who brought:
  • Extensive experience in financial leadership within multinational healthcare companies, including expertise in SCM and HR.
  • Demonstrated ability to manage the complexities of a diverse product portfolio, ensuring financial strategies support business growth and efficiency.
  • Strong communication skills, enabling effective collaboration with internal stakeholders across different divisions and regions.
• With this strategic hire, the global healthcare company was able to:
  • Enhance its financial management and strategic planning capabilities for the Korea and Japan markets.
  • Integrate financial strategies with SCM and HR functions, fostering a more cohesive and efficient operational framework.
  • Strengthen cross-divisional collaboration, ensuring financial objectives align with broader business goals.