Financial Planning & Analysis Analyst

Overview

The primary purpose of this financial analyst position is to evaluate financial performance and forecast financial outlook that supports management decision making in Korea. This position assists with the annual profit planning process and provide in-depth analysis regarding opportunities for growth and cost savings. Part of this position also needs to prepare scheduled and ad-hoc reporting and other financial analyses to support Finance Director.

Key Accountabilities

1. Management Reporting and Analysis

• Prepare and provide analysis regarding financial highlights, proforma feasibility study, business review, and other analysis for management team and regional office
• Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, cash flows and CAPEX investment
• Prepare the monthly and quarterly reporting package which includes the P&L, margin analysis, expense variances and the forecast
• Work closely with Retail & Trade sales teams for a nalyz ing sales trends and provid ing sales projections including insights to key business drivers
• Help to develop store action plans by analyzing and interpreting data for store achievement
• Work closely with the accounting team to ensure accurate financial reporting and increase productivity by developing automated reporting/forecasting tools
• Provide financial data and presentation assistance for Management Team

2. Budgeting and Forecasting

• Support Finance Director to drive and lead LRP (Long Range Plan) and Annual Profit Plan with in-depth analysis including sales, store network and capital process
• Adopt bottoms up planning approach and facilitate the local profit plan review process to ensure planning number represents the best estimate figure to achieve Korea market, regional and corporate targets
• Provide market data such as monthly competitive report, and Luxury industry news and clipping to support strategic plan and business decision making
• Streamline processes with Regional FP&A team on key planning and reporting requirements

3. Business Support

• Provide on-going monitoring of the operating performance with an emphasis on marketing spend and highlight any issues and opportunities
• Understand internal control procedures, policies and initiatives and support Finance Director to build a robust process of risk management
• Assist in creating any additional deliverables or ad hoc analyses as appropriate and ensure completeness and quality
• Identify ways to streamline existing processes and leverage systemized data & automated processes wherever possible
• Support business teams to manage the budgeting & tracking effectively by providing modelling tools ( excel files)
• Work on special projects as required

4. Accounting Shared services (Hong Kong) co work

• Manage and archive financial documents such as contract with supplier and agreement with bank, Audit reports and CTR reports including those to be submitted to tax office.

Qualifications

• BA degree - Finance or Accounting
• 4 ~ 6 years of FP&A in MNC
• Strong computer skills in MS Office, especially Excel
• Excellent analytical skills
• Strong verbal and written communications skills and fluent in English
• Strong interpersonal skills
• Ability to interact effectively with management
• Self-motivated with a strong drive for achievement
• Ability to prioritize and work in a highly dynamic, fast paced and team oriented environment
• (Preferred) Luxury Retail or consumer goods background