Brief Description of this Position:
This position contributes to Volkswagen China’s footprint through leveraging acquisitions/ investments as a means to develop VCIC into various business areas (passenger cars (e.g. BEV), mobility products and services, etc.) or reduce relevant exposures. The coordination manager will coordinate all VCIC M&A projects. The position will serve as the first point of contact for EVPs regarding all M&A topics as well as for external top management counterparts.
Key Tasks:
- Coordinate all VCIC M&A projects; serve as first point of contact for EVPs and external top management transaction partners.
- Lead execution of projects from initiation to closing for Equity participations, Venture investments and JV foundations
- Development of transaction structures and governance (e.g. JV)
- Responsible for due diligence planning (scope, structure, timing); Selection of advisors (in alignment with workstreams) and steering; Steering and quality assurance of due diligence execution (internal/ external) Communication/ discussion of due diligence findings with/ across project workstreams
- Analysis of business case/ plans, execution of company valuations and other analyses of companies and transactions as well as purchase price determination
- Lead investor/ target relationships; Responsible for preparation and steering of negotiation process (economic terms & conditions; agreements - SPA, JVA)
- Ongoing alignment of external communication with PR, Group IR, Finance publication, Legal and others.
- Lead and assess different aspects, in particular unforeseen findings in the transaction process, without limitation
- Preparation of decision materials for steering committee and management/ supervisory boards
- Alignment of transaction cornerstones with VW Group central functions for Board decisions
- Monitoring of rights and obligations arising from contractual framework
- enforcement of earn-outs (claims from reps and warranties, etc.)
- assessment/ execution of potential follow-up transactions/ changes in shareholder structure
Required Qualifications:
Education:
Finance, Business Administration, Engineering or similar field of study university master or diploma degree
Working experience:
• 5 - 8 years experience, primarily in corporate M&A, M&A advisory (Big4, Investment Banking or private equity)
•Proven track record of closed transactions
•Experience in analyses of markets, companies and preparation of business plans
•Experience conducting buy-side and sell-side due diligence processes
•Experience preparing and negotiating transaction contracts
Knowledge, skills and others:
•Robust technical skills (financial, accounting, complex modeling and valuation)
•Ability to prepare Board presentations and memorandums
•Client-oriented and ability to manage advisors and relationships with investors/targets
•Multi-tasker, eager to learn, hands-on, target-oriented, teamwork-oriented
•Ability to travel
•Fluent in English; Chinese (Mandarin) and German is a plus