Business Planning & Controller, SEA

Summary:
This position will manage routine finance operations and provide support to Fendi’s cost planning and reporting in SEA. He/She will also business partner from a business planning, reporting, and internal control perspective to emerging markets including Malaysia & Philippines. This will include business analysis and reporting to support decision making including provision of insights to store performance, identification of risks and opportunities for his/her markets.

Responsibilities:

Financial and Operational

• Responsible for overall P&L management for Malaysia & Philippines, driving strategic initiatives to improve profitability and optimize costs
• Conduct thorough root cause analysis to understand the underlying factors contributing to P&L variances versus LY and Budget
• Lead, prepare and assist in the budgets & forecasts process from initial framing to presentation to the Regional Office
• Analyze monthly and weekly sales variance analysis - highlight trends, risks, opportunities
• Business partner and drive action plans with internal teams, driving operational/ profitability targets
• Review, report and analyze SEA&A (all markets) OPEX, work in close partnership with key stakeholders to navigate their expenses 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 monthly basis
• Work closely with the Regional Finance team to optimize all Balance Sheets items, especially cash& working capital.
• Review monthly reconciliation of warehouse stocks
• Review of legal contracts mutually with Legal department, Landlord and Brand

Internal Control & Compliance

• In close collaboration with Internal control, participate and review Retail audits on yearly basis for each store and propose to Retail Manager an Action Plan if necessary.
• Ensure proper procedures are adhered to about 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

Profile

• Bachelor’s degree in accounting, finance, economics or business-related discipline
• Chartered Accountant or ACCA will be added advantage
• Minimum 3 years of relevant experience in FP&A and Controlling
• 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