Overview
[LVMH Fashion Group Korea] Business Planning & Control Manager (Contractor) Jobs in Seoul, South Korea at LVMH Fashion Group Asia Pacific
Title: [LVMH Fashion Group Korea] Business Planning & Control Manager (Contractor)
Company: LVMH Fashion Group Asia Pacific
Location: Seoul, South Korea
Job Title: Business Planning & Control Manager
Contract Period: 1-Year Contract (Replacement of Childcare leave)
Reporting to: Finance & Operation Director (Dotted report to Celine Korea GM)
Location: Seoul, Korea
Responsible Accounts: Celine
Job Summary
Plan and control the business and financial information pertaining to the activities of Brand.
Prepare Budget, revised forecasts and strategic plan
Responsible over the management reports & the analysis of the company’s performances
Lead ad hoc Brand transversal projects
Suggest action plans to sustain the growth in existing or prospected area
Role & Responsibilities
Prepare the Budget, Revised forecast, Strategic Plan, Landing P&Ls from initial framing to presentation to HQs, working closely with Finance Director and Brand Korea GM.
Prepare, control and report on Company’s results, weekly and monthly variance analysis against budget and forecast. Work with relevant business units in the organization to optimize sales & spending.
Analyze Gross Margin & Operating Profit and suggest for adjustment of coef. if required to HQ Finance to minimize tax risk.
Prepare commercial targets for approval from HQ Finance based on discussion with Brand Korea GM, Merch team director and Supply Chain director.
Closely work with Brand Korea GM, Merch director and SC director in best estimate preparation to be submitted to HQ Finance.
Closely monitor – and prepare when needed – the investment plans for Brand boutiques. Prepare SOP with various scenarios as required to maximize operating profit taking into account the Brand Strategy.
Support in decision making process for Brand Korea GM, HR, and Retail team in regard to network optimization, productivity per FTE, rent analysis and suggest for options for negotiation with landlords.
Review monthly inventory ending balance, especially long-tail, to discuss with Merch director on optimization based on sell-through % for stock to be rebalanced to other markets.
Prepare monthly cashflow to be updated with latest sales trend and align with HQ Finance on payments.
Responsible for assuring that the internal controls in place are adequate and in compliance with all corporate governance requirements, with the support of the Internal Control Manager.
Work closely with the Accounting team to optimize all Balance Sheets items, especially cash related with corporate investment.
Suggest monthly accruals to Accounting Manager – for discussion with HQ.
KPIs for evaluation
P/L: Net Sales & Operating income
Reporting accuracy and timing
Requirements
Minimum 7~10 years relevant experience, including retail industry
Proven international work experience
Proven people management skills
A strategic & open-mind thinker
Excellent analytical and organization skills
Possess strong communication skills
Absolute integrity
Fluent in English
Proficient in Microsoft AX (Finance) and Cegid (Retail) is a plus
