The SEAA region will encompass Australia and New Zealand, Malaysia, Singapore, and the export markets of Indonesia, the Philippines, Thailand, and Vietnam. This region represents markets with tremendous growth potential, focusing on deepening our footprint, brand growth through enhanced clienteling, and strengthened capabilities and infrastructure.
To realize the strategic intent of SEAA, the Business Finance function must be agile and dynamic, leveraging insights from advanced analytics and tools, and engaging in proactive business partnering to influence strategic decisions where possible.
In the ever-changing business environment and with advancing technologies, the role of the Business Finance function has evolved significantly. It is now pivoting towards a more predictive and analytical future, moving beyond descriptive analysis.
We will no longer just report the news but actively shape it. By connecting internal and external insights, we will proactively drive and shape the governance of local, regional, and global agendas to inform business decisions.
The mission of the Business Finance Manager is to provide Smart Analytics that can be turned into actionable insights, enabling management to effectively solve business problems. Smart analytics are:
- Relevant: Making a difference, especially in making predictions.
- Timely: Relevant now.
- Faithful: Complete, neutral, and error-free.
- Verifiable: Replicable and verifiable.
- Actionable: True to what it claims to represent and beneficial to the user.
- Understandable: Quickly comprehensible by those familiar with the situation.
Impact You Can Create In The Role
- Oversee the overall governance, end-to-end process, and development of budgets and forecasts.
- Oversee all cost variances and exposures to help CHANEL manage its margin and economic expenses.
- Combine functional and commercial depth of experience to challenge business partner viewpoints and assumptions.
- Design and perform ad-hoc analysis, incorporating checks and balances to ensure data integrity.
- Review and challenge KPIs and results.
- Monitor financial and operational performance via KPIs and automated/self-serviced reports to support business decision-making.
- Analyze and explain variances between budgeted and actual financial results.
- Articulate the reasons and financial consequences of management decisions with medium and long-term implications.
- Act as a subject matter expert and apply innovative system implications to support data quality and improve business performance.
- Facilitate the assessment, development, and implementation of technological tools.
- Support and coach others in the functionality and application of technological tools.
- Proactively seek innovative solutions to optimize the process of data analysis and modeling.
Specific Coordination & Consolidation:
The Business Finance Manager will support to provide a transversal, holistic and accurate translation of the performance and financial position of the Region.
To achieve this, the Business Finance Manager will:
- Conduct consolidation activities to provide accurate and timely information to management.
- Monitor and enforce the adoption of budget and forecast guidelines.
- Serve as the point of contact for Global teams on forecast and actuals topics.
- Work closely with the Finance Systems team to align reporting needs with system support.
- Provide transversal ad hoc analysis across functions and markets to business partners, working closely with the respective Business Finance teams.
- Consolidate, measure, and challenge SMG&A expenses in the region.
You are Energised by
- Actively engaging key stakeholders across regional functions, business divisions, and market Business Finance teams to maintain consistency in data tracking and translate insights for decision-making.
- Serving as the think tank and data center to generate accurate and insightful financial recommendations for initiatives that contribute to regional growth.
What You Will Bring
- A university degree in Finance/Accounting, Business Administration, or related disciplines is preferred.
- Thorough knowledge of accounting, financial planning, and analysis concepts and principles.
- Extensive experience in the finance department of a multinational company.
- Strong background in Controlling and Budget Analysis, with hands-on experience in finance systems. Experience in IT Controlling, Budget Analysis, and IT financial management methodologies is a plus.
- A rigorous, organized approach and a strong sense of service.
At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to Chanel.
