Meet our Shanghai chapter members: Richard Xie

Chartered Professional Accountants (CPAs) are the world-class strategic business experts you'll find supporting many organizations. Discover the inspiring paths taken by some of our talented members as they share their journeys with you.

A Q&A with Richard Xie, chair, CPA Canada Shanghai chapter

Fast facts

  • academic background: master’s degree, Oklahoma City University, U.S.
  • professional qualification: CGA (2004, Ontario)
  • first accounting-related job: an accounting and finance position at Sinopec
  • hobbies: travelling, sightseeing and golfing
  • favourite movie: I love all movies!

What is your current position?

I am a finance director for Seating China, Lear Corp. My three years of service have provided me with many opportunities to learn and understand the auto industry. Prior to joining Lear, I worked at United Technology Company (UTC) for seven years, where I was responsible for managing factory and distribution finance for China.

What is the best part of your job?

There are more than 15 plants across China under my supervision, and this is a very challenging position that lets me fully utilize the knowledge I learned from CPA Canada. We need to drive our business in a very aggressive way to foresee and estimate changes in the market, while providing timely and accurate decisions to help Lear maximize profit and enhance competitiveness. The Lear corporate culture is financially driven, and strong financial management and analysis are critical to making the right decisions for the company.

What are you most proud of?

I was involved in the integration process when the former Certified General Accountants merged with the Canadian Institute of Chartered Accountants and Certified Management Accountants from 2014 to 2015, resulting in the creation of CPA Canada. As a result, CPA Canada became one of the largest and most reputable accounting bodies in the word.

I really enjoy participating in different types of events and social activities, and in 2007 I became a board member to help organize events such as the annual chapter party, professional seminars and member outings. In 2013, I became chair of the Shanghai chapter, leading initiatives with the 13 board members to provide services to the CPA community in the Shanghai area. I also collaborate with the Beijing and Guangzhou chapters on sharing best practices for enhancing member relationships.

What advice would you give someone entering the profession today?

Keep networking with other members to share knowledge and learn about career development opportunities.

Anything else you would like to tell readers about yourself or your job?

I like to balance my career and life, taking time to enjoy travelling and sightseeing during my annual vacation. I also learned how to play golf and try to play as much as possible.