Interview with finance expert Shenke: How AI is reshaping the rules of the industry

“Numbers are dead, but finance is alive.” Mr. Shenke said. His career, from the precise analysis of firms to the global strategies of multinationals to the compliance challenges of state-owned enterprises, has borne out his deep understanding of the world of finance every step of the way.” Behind the numbers is the lifeblood of the business,” Mr. Shenke explains, “and it’s my job to make sure that lifeblood is both healthy and vibrant.

Mr. Shen Ke, a Harvard-educated finance expert, has become an industry sensation due to his extensive practical experience in financial management, cross-border investment and risk management, as well as holding a number of international professional certificates such as FCPA Australia, FCMA, CGMA and CMA. Mr. Shen Ke not only has a deep academic background, but also demonstrates excellent professional ability in practical work, especially in the white goods sector in India, where he has accumulated invaluable experience in market operation and management.

Through his diversified career, Mr. Shenke reveals the growth path of an outstanding finance professional. His work experience covers firms, foreign companies, state-owned enterprises and overseas positions, which have given him valuable experience wealth and deep understanding of the industry. In his early career at a firm, he became proficient in in-depth analysis of financial statements, revealing risks and opportunities for the organization. In foreign companies, he further honed his cross-cultural communication and teamwork skills, providing solid support for the firm’s expansion in the global market. He was confronted with management systems and business models different from those in the private sector, and learned to maintain corporate compliance amidst changes in policies and industry regulations.

During his tenure as the Head of Finance in India for a state-owned enterprise, Mr. Shenke successfully led the update of the tax module in the ERP system to adapt to the reform of the GST tax regime in India. This achievement not only demonstrated his ability to coordinate in a cross-cultural environment, but also his deep understanding and application of automation technology. This experience has led him to further explore the potential of AI in the finance space and to serve as an external contributing researcher for the Smart Accounting Think Tank in China, focusing on RPA Smart Audit and Automated Book Processing.

Mr. Shenke has a clear understanding of the future trends in the finance field. He believes that the combination of artificial intelligence and financial management will lead to major changes in the industry. The inclusion of data assets in the table will more accurately reflect the actual value and potential risks of enterprises, and improve the transparency and credibility of financial reports. At the same time, the application of AI technology will greatly enhance the efficiency of the finance department, reduce costs, and enhance the accuracy of decision-making.

Nonetheless, Mr. Shenke also highlighted the challenges that need to be attended to in the application of the technology, including issues of data security, privacy protection, technical reliability and transparency. He pointed out that only on the basis of ensuring data security and accuracy can we fully utilize these technologies for efficient financial management and decision support.

Mr. Shenke’s career and professional insights provide us with deep insights into the future of the finance space. His experience shows that no matter how much the industry changes, the core responsibility of a finance professional – to provide solid financial support for the sound development of an organization – remains the same. Facing the future, Mr. Shenke will continue to lead the industry forward with his expertise and keen insights.

Editing:Wendy