OBJECTIVES
This position is responsible to lead and manage routine finance operations and provide support to Givenchy and Kenzo's financial/business planning preparation and reporting in SEA, primarily focusing on the markets in Singapore, Malaysia, and Thailand.
RESPONSIBILITIES
Financial and Operational
- Lead, prepare and assist in the budgets & forecasts process from initial framing to presentation to the Regional Office
- Analyse regular sales variance data
- Business partner and drive action plans with internal teams, driving operational/profitability targets
- Review and report Brands’ operational controls but not limited to expenses for key stakeholders to navigate Brands’ performance
- Review invoices and petty cash claims to ensure accuracy in allocation to respective cost centers and accounts code
- Prepare month-end accruals, review OPEX, and report on the variances on a monthly basis
- Work closely with the Regional Finance team to optimize all Balance Sheets items, especially cash & working capital.
- Review monthly stock reconciliation with Accounting and local Supply Chain team
- Review monthly reconciliation of warehouse stocks between system and warehouse WMS stock report
- Monitor Inventory level and propose Clearance solutions or Inventory allocations.
- Review of legal contracts mutually with Legal department, Landlord and Brand
Internal Control & Compliance
- Plan execute and review retail audits on yearly basis for each store and propose to retail stakeholders an action plan if necessary.
- Plan, execute and review bi-annual stock take and reporting needs
- Review and control of store expenses by regularly pricing out competitive suppliers
- Monitor internal control to ensure compliance with all corporate governance requirements
- Relay all company guidelines to store management regarding how to operate their business to keep within the rules and regulations
- Ensure proper procedures are adhered to with regard to cash, credit card (payment) processing, and store petty cash and sales float management
Projects
- Participate, lead or manage Ad-hoc projects which include but not limited to: Boutique operations handbook matters, liaise with internal (including retail audit) and external audits, wholesale to retail, multi country management, POS implementation
- May require travelling
PROFILE
- Bachelor’s Degree in accountancy or Business
- Chartered Accountant or ACCA will be added advantage
- Minimum 7-10 years in FP&A and Controlling will be an added advantage
- Ability to work in matrix and diverse environment
- Excellent analytical and organization skills
- Good communications and interpersonal skills
- Good team player
- High integrity, motivated and driven
- Experience in retail, wholesale or luxury fashion will be added advantage
KEY COMPETENCIES
- Open communication within the Finance and Operations team
- Highly resilient and positive
- Ability to embrace challenges and drive changes
- Demonstrate accountability & ownership
- Build and develop relationship with key internal & external stakeholders
- Agility to maneuverer and engage in multi-country setup
- Proficient in Microsoft AX will be added advantage
- Proficient in POS systems (Cegid) will be added advantage
