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    03/08/2024

    BALENCIAGA Assistant Finance Manager

    Balenciaga - Regular
    Singapore - Singapore

    About us Founded by Spanish-born Cristóbal Balenciaga in 1917 and established in Paris in 1937, the original house of Balenciaga defined modern couture with its many innovations to form and technique. Since his appointment as artistic director in 2015, Demna continues to uphold the vision of Balenciaga through boundary-pushing collections, which have expanded to include women’s and men’s ready-to-wear, accessories, and objets d’art. The brand’s unprecedented interactions with the expanding digital realm, material developments, and today’s social responsibilities keep it at the forefront of modernity. In 2021, Demna designed Balenciaga’s 50th couture collection – the house’s first since its found retired in 1968 – reintroducing a standard of cutting-edge elegance. Your opportunity Reporting to the Finance Controller, the Assistant Finance Manager is a key finance business partner, for the South-East Asia (SG, MY and TH) business. This role will work with shared service center ensure the timely and accurate execution of the monthly reporting and is responsible for the Forecasting and Analysis for the SEA business.

    Your opportunity

    Reporting to the Finance Controller, the Assistant Finance Manager is a key finance business partner, for the South-East Asia (SG, MY and TH) business.   This role will work with shared service center ensure the timely and accurate execution of the monthly reporting and is responsible for the Forecasting and Analysis for the SEA business.  

    Reporting, with support from SSC

    • Ensure timely and accurate preparation and submission of monthly management reports, including sales and inventory analysis, for management review and group consolidation
    • Review tririga lease information submitted by SSC
    • Prepare, analyse and share all monthly reporting packages for review with APAC team
    • Follow up with Store Planning to ensure all committed capex are well recorded and aligned with approved capex
    • Communicate monthly spending reports to Budget owners for monitoring and tracking of spend versus Budget / Forecast
    • Coordinate with SSC for compliance to auditors, tax consultants, bankers and government agencies; reviewing schedules to assess the accuracy of the financial reporting
       

    Budget and Forecasts

    • Responsible for the timely submission for budget and forecasts for SEA entities and the reporting package to APAC

    Controlling

    • Cost management and control with budget owners to manage budget and justify spending.
    • Working with Retail team in SEA, to guide and support business plans, projects roll out in-store
    • Review and ensure improvement in business process, to ensure all compliance to regulations and group policy

    New projects and contracts

    • Prepare financial model and feasibility studies for new business opportunities
    • Coordinate the legal review on Lease agreements before submission to HQ before director’s signatory
    • Monthly submission of Leases summary

    Ad-Hoc Projects & Others

    • Main contact with Kering Legal on required board resolutions and update of directors information
    • Key contact for Finance transformation project for Brand with SSC to ensure successful roll out to SAP and other application

    Job Requirements:

    • University graduate in Accountancy or related disciplines
    • Qualified accountant
    • Minimum 6 years working experience, preferably in luxury retail industry
    • Audit or Internal Control experience preferred but not a must
    • Proven strong communication and interpersonal skills
    • Detail-oriented, strong analytical mind and good business sense

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