Market Controller

Vista previa de la oferta

Market Controller

senior · Corporate Finance

Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values ​​of our Houses, through a process of permanent creativity.

Reporting to the Finance Director, Richemont Thailand and based in Bangkok, this individual will be responsible for operating plan variance analysis and special projects for assigned Richemont Maison(s), as well as financial quarterly forecast, annual budgeting process for Richemont Shared Services in Thailand.

This individual will work closely with Regional FP&A Team in Singapore, to provide financial consulting and strategic support to Management including network reporting and profitability, financials, capital expenditure analysis, brand capital investment feasibility analysis, preparing presentations for top management, and other ad hoc projects. This role will function as a key finance business partner to the business, and acts as the analytical engine of the company to provide insights and support optimal business decision making.

We are looking for a candidate who is passionate about their own professional growth and career development, in luxury business and financial business partnering; who is willing to grow with us.

MAIN ACTIVITIES

Market controlling (Richemont Shared Services + Maisons)

• Manage monthly performance reporting process to ensure data integrity, quality analysis & commentaries with strong business focus
• Monitor and partner with the business to ensure financials are captured on timely basis, according to business activities
• Preparation of monthly reports for management review and initiate regular discussion meetings
• Prepare schedules/reports for prompt & accurate update by Accounting for period closing
• Prepare schedules/reports on actual performance with variance analysis &/or commentaries for Maisons
• Support Maisons in presentations & schedules for HQ/Region/Local Management

Planning (Richemont Shared Services)

• Working closely with Regional FP&A team in Singapore, set planning calendar with Richemont Functions Heads accordingly to HQ & Regional management calendars
• Deliver overall budgeting, monthly rolling, quarterly (LE), and “Year to Go” forecasting process timely and accurately by leading discussions, reviewing and challenging assumptions from HQs and Functions
• Provide financial projections & analysis from discussions with Maisons heads based on sound assumptions throughout the process complying with accounting standards and Group’s financial policy & guidelines
• Provide support in the preparation of Business plan presentation to HQ / Region (Strategic Marketing Plan / Budget Presentation)
• Anaplan system input for budgets and forecasts & preparation of required reports to Region/HQ

Financial Analysis/Business Support

• Closely monitor network performance and profitability. Act as the expert of your market and provide clear guidance to reach targets
• Evaluate new ventures for boutiques / offices / investment projects with 5-year plans, risk/opportunity assessments & break-even analysis via Capital Approval Requests (CARs)
• Drive & lead financial projects and initiatives locally according to regional and group direction, ensuring financial visibility and controls are well respected
• Ensure project strategies & plans are prepared with strict compliance with HQ / Group’s reporting & approval requirements
• Stay abreast with the operations & activities by fostering close partnership with Maisons, assisting them in managing their business more efficiently & effectively
• Monitor & track actual costs of investment projects vs CAR/Lease/Investment approved plan/ 5-year plans/budgets)
• Monitor completion & performance of projects vs 5-year plan

Corporate Compliance

• IAS/IFRS compliance work
• Work closely with and support Internal Control team (Group Internal Audit, Regional/Local Compliance team) to ensure business/Maison’s adherence to internal control requirements and adequate documentation of controls & processes
• Identify risk areas specific to the brand and work with Regional Compliance Manager to close the gap

Other tasks:

• Active participation in Local / Regional / Transversal projects initiated by APAC, South Asia FP&A organization or the Finance Director, Thailand.
• Participate in stock counts & other control compliance activities
• Local SAP Key User, mainly for Approval Matrix and Pricing maintenance

KEY COMPETENCIES

• Demonstrates strong business, management and leadership mindset
• Adept at managing stakeholders
• Strong relationship management, excellent interpersonal & communication skills
• Ability to work independently in a highly matrix organization with stakeholders from all levels across multiple Maisons.
• Good organisational and prioritisation skills
• High learning agility, strong analytical thinking, problem solving capability and ability to deliver results under fast changing and dynamic conditions
• Strong attention to accuracy and detail in deliverables
• Positive and can-do attitude, curiosity and a taste for challenges
• Active listener, highly curious and sharp business acumen
• Ability to challenge the status quo and propose improvement opportunities

REQUIREMENTS

• University graduate of tertiary educational institute; professional qualifications in Accounting (CPA / CA) preferred
• Minimum 5 years’ experience in a financial planning and experience in accounting/auditing would be advantageous
• Prior work experience in matrix organisations, luxury or retail would be a plus
• Strong experience or knowledge in SAP and technical accounting. Exposure to Anaplan would be advantageous
• Proficient in Microsoft Office, especially in the use of Excel and PowerPoint
• Highly skilled, high learning agility in data analytics and financial modelling (Power BI, Power Query)
• Good spoken and written English

#Richemont #WeCraftTheFuture