Junior Financial Controller

  • Company: SSC Perfumes and Cosmetics UK
  • Country/Region: United Kingdom
  • Business group: Perfumes & Cosmetics
  • Contract type: Permanent Job
  • Function: Finance
  • Experience required: Minimum 2 years
  • Reference No.: SSCPC00704
  • Date of publication: 2020.01.23

Position

PURPOSE OF THE ROLE:

  • Financial controlling responsibility for one of the brands within the portfolio of LVMH Parfumes&Cosmetics UK & Ireland.
  • Direct support to the General Manager of the brand, in all financial aspects including monthly management reporting, budgets, and all ad-hoc finance analysis.
  • Be a key business partner of the brand by providing insightful reports and analysis to support decision making and by challenging the brand when needed using smart benchmark & market analysis.
  • Identify business risks & opportunities and alert or give constructive advice to business managers
  • Drive cost optimization initiatives and processes' improvement
  • Insure LVMH Group rules' compliance and appropriate usage of Company's assets

RESPONSIBILITIES OF THE ROLE:

Management

  • Strong interaction with the Teams of the Brand (Sales, Marketing, Retail, Training, PR, HR) .
  • Direct support to the UK Brand General Manager.
  • Strong interaction with the international and Regional Headquarter teams.
  • Participate in weekly management meetings.

Budget & Strategic Plan

  • Pro-actively prepare and manage budget planning and review process, in line with parent company requirements and timetable.
  • Preparation of Landings and Monthly Sales forecast.
  • Co-ordinate all operations teams input to Budget
  • Review and challenge all elements of the Budget
  • Prepare Financial Budget Book, and analysis such as Source of change, and financial elements of the Budget presentation.
  • Preparation of the 3 year plan in accordance with business strategy and company objectives.

Monthly Closing/Reporting

  • Prepare monthly reporting for parent company (P&L, B/S).
  • Prepare monthly management reporting with executive summary for all relevant department heads.
  • Provide detailed monthly analysis of sales and forecast
  • Provide detailed monthly analysis of cost & analysis of main variances
  • Work with the Accounting team, such as a review of "parked outstanding invoices", review of outstanding Purchase orders, underpayments, participate to the analytical allocation of invoices and etc.

Business Analysis

  • Analyse the overall delivery of Company financial targets on a regular basis and report back to the business with recommendations as necessary.
  • Support the Sales and Marketing team in monitoring expenditure and evaluate profitability of promotions and other initiatives.
  • Analysis of profitability by customer, by door, by commercial action and product lines, and sales productivity in accordance with Brand management needs.
  • Assist the management team in ad-hoc business and finance control projects.

Internal Control, External Audit and IT

  • Participate in the implementation of Finance/IT projects for the controlling functions.
  • Implement new internal procedures as necessary
  • Participate to the respect of internal control rules and processes in place.
  • Provide any help required in relation with the annual external audit and any internal audits.

Profile

PERSON SPECIFICATION

Key Competencies

  • Autonomous, organized
  • Self-motivated with a "can do" attitude
  • Analytical mind
  • Ability to adapt and be flexible to the changing environment and business needs
  • Team player
  • Ability to work under pressure and to deadlines
  • Strong attention to detail

IT Skills

  • Excellent Excel skills
  • Experience with an ERP (SAP a plus)

Profile

  • At least 4-5 years of experience in a similar role within international group
  • Solid accounting knowledge
  • Interest in beauty & retail

Other skills

  • Fluent English / French a plus
  • Communication skills
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Perfumes & Cosmetics

A major player in the perfumes, make-up and skincare markets, the Perfumes & Cosmetics division groups together major historic Houses as well as young brands with strong potential.

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