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

  • Function: Finance

  • Experience required: Minimum 5 years

  • Reference No.: FRSH00062

  • Date of publication: 2018.03.23

Position

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 worldwide

    Profile
  • 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

Working Conditions

  • Based in Hong-Kong

  • Monthly travels in Asia including LVMH F&C Singapore (accounting team)

Internal Relationships

  • 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