Moet-Hennessey Fresh Travel Retail Business Controller in Hong Kong
Fresh Travel Retail Business Controller
Company: Fresh Hong-Kong
Location: Hong Kong
Business group: Perfumes & Cosmetics
Contract type: Permanent Job
Experience required: Minimum 5 years
Reference No.: FRSH00062
Date of publication: 2018.03.23
Main Job Objective
Provide financial strength and controls for Fresh TR in a fast moving environment and fast growing company
Job Duties and Responsibilities
Supervise and prepare monthly, quarterly and year-end close process for Fresh TR: statutory and consolidated (IFRS) financial statements, validation of the local income statement and Balance sheet
Support the brand in preparing the strategic plan in coordination with the TR team (3-5 years vision)
Prepare annual budget and revised budget for Fresh TR PL including P&L, cash flow forecasting, financial package and ppt.
Identification and analysis of financial risks
Prepare monthly analysis of the main Key Performance Indicators (cash, DOI, DSO, Capex, Media, ROI ...), monthly Scorecard and profitability by account/market analysis
Reporting of financial information to Fresh Regional controller and Fresh HQ (data analysis and comments packages), monthly Flash and scorecards.
Prepare the Sales outlook every month: Analysis of the variance between Sellout and Sell in and simulate with various conditions
Work with Asia Regional controller on financial feasibility and resources for business programming, in order to ensure expense control, discipline and fiscal responsibility
Provide ad hoc analysis /projects/ business review for the Region and TR team.
Coordinate with HQ finance team and Asia teams the yearly external audits and validate information to provide to Tax Departments for yearly filings and fiscal audits
Ensure internal control processes exist on key risks areas and that they are effective and followed
Set up, streamline and rationalize existing internal processes (finance, operations and IT) and implement new processes and develop analysis needed for the Company's expansion in Asia and worldwideProfile
Bachelor's Degree in a related discipline.
A minimum of 5-7 years of controlling experience. Strong knowledge of accounting and consolidation needed.
Fluent in English, Cantonese and Mandarin.
Self-management skills with the strategic agility to ensure alignment and drive execution.
Ability to promote effective cross-functional teamwork.
A consistent track record for high accuracy with detail orientation & data reporting precision.
A comprehensive understanding of the beauty industry and its product life cycles, or other related consumer products industry. TR a plus.
Good communication skills
Computer literacy with SAP, Cognos, Syrus recommended and forecasting systems.Additional information
Based in Hong-Kong
Monthly travels in Asia including LVMH F&C Singapore (accounting team)
Reports to Fresh Asia Regional Financial Controller, Dotted line to Fresh Travel Retail Director
Internal Partners: All Fresh Asia Departments, Fresh HQ Finance dept, LVMH Shared Service Center teams, LVMH F&C Singapore (LFCS), LVMH Inc tax dept
External Partners: External auditors