FP&A & Internal Control Manager

Major Responsibilities:

Management Control:


* Reporting for Hermès Malaysia


* Forecasting : preparation of annual budget and 3-year plan.


* Reforecasting to build accurate quarterly estimates and anticipate variances against budget.


* Monitors profitability with a focus on inventory which includes detailed analysis of sales, margin, purchases, stock level and associated depreciation.


* Identifies areas or risk, alert Management and suggest corrective actions.


* Prepares Business Plan for investment projects.

Completes project cost follow-up, analysis and reforecast.


* Prepares departments budget and cost follow up.

Organizes monthly review and reforecast with heads of departments.


* Work closely with :
+ Senior Management to measure the financial implication of the subsidiaries' strategic initiatives
+ Accounting team to guarantee the accuracy of the financial information, design the analytical structure and ensure accuracy of cost allocation.
+ Merchandising team to monitor Open-to-buy, challenge buying assumptions and ensure purchases commitments are in line with budget.

Provides support with pricing strategy and price change implementation.

Assist with the completion of inventory reporting (stock equation, sell-through, invoicing commitment)


* Preparation and analysis of financial ratios : free cash flow, working capital, return on capital employed

Internal Control:


* Acting as Internal Control Officer for Hermès Malaysia.


* Implementation of Internal Audit assignments and follow up actions plan identified during the audit


* Monitoring the risks on assets (cash, stock, fixed assets).


* Regularly assess the Entity's processes compliance to Group principles (standards and policies) and communicates Group Procedures, as well as update local policies


* Carry out processes review in stores and head office to guarantee that Procedure and Policies are respected.


* Participates to Inventory Control: Stock Takes, Public Sales, Staff Sales, PR Event.


* Coordinate the completion of the Group risk self-assessment questionnaire (CHIC Practice, Boutique and Treasury)


* Works closely with HSA Region on ad hoc Internal Control Initiatives.

Requirements & Capabilities:


* Bachelor's Degree holder or Professional qualification in finance or accounting


* At least 5 to 7 years' experience in the Finance field with a minimum 3 years in a similar capacity


* Strong analytical skills and communication skills


* Experience managing internal controls and evaluating risk


* Stakeholder management (internal and external) and service oriented


* Must be flexible and willing to travel both domestically and internationally


* Hands on computer knowledge of MS Office and Financial software (SAP, CEGID, TM1, BI Reporting).