Business Manager

Description

RESPONSIBILITIES:

Lead and Drive Financial Excellence

• Lead and prepare the monthly rolling financial estimate for the Brand(s).
• Discuss and review monthly Profit & Loss (P&L) estimates and sales commentaries with Brand Managers and ensure timely and accurate reporting.
• Align financial estimate with Demand/Supply plans.
• Track and review with Brands’ actual monthly Net/Retail Sales and P&L performance.
• Be able to articulate clearly the Brands’ top-line as well as financial performance to senior management.
• Highlight over or under spending areas for prompt follow up by Brand Managers.
• Play an innovative and active role in providing financial advice and assistance to brands on their business issues.
• Preparation of the annual Budget from Net/Retail Sales and full P&L statement (i.e. Gross Sales to Net Operating Profit).
• Perform Quarterly Profitability studies on Category/Channel/Retailer segments.
• Initiate and lead a 3-Year Strategic planning exercise for the Brand(s).
• Perform competitor watch and market trending so as to highlight risk and opportunities in store ranking and market share.
• Manage the Retailers review presentation preparation and work with brands to develop their store targets.
• Lead and prepare Capital Expenditure Requests for new store/counter construction, channel/partner penetration and special projects. And to conduct Post-Mortem after implementation.
• Evaluate the profitability of marketing campaigns/events and product launches.
• Financial assessment of business development opportunities.
• Lead and drive Brands’ estimate/plans during monthly Sales & Inventory Optimization reviews.

Lead and Drive Operational Effectiveness

• Identify the business financial reporting needs and design a robust process/system to provide relevant business information on a timely basis.
• Standardization of sales reporting and analysis.
• Review and enhance business and financial processes where necessary.
• Constantly seek to value-add to current processes and information systems.

Others

• Ability to communicate financial perspective on business issues to brands in their language.
• Maintain a good knowledge of the business environment so as to be able to provide an independent evaluation of brands’ financial forecast and assessment of financial risk or opportunities.
• Must be comfortable working with ambiguity.

Qualifications

• Degree in Accountancy, preferably with a certified CPA.
• Minimum 6+ years of relevant experience with background in accounting & audit and financial analysis experience in an MNC.
• Hands-on experience in Hyperion, SAP, Business Objects/Warehouse and Cognos an advantage.
• High level of proficiency in Microsoft Excel and PowerPoint.
• Strong analytical, communication and interpersonal skills.
• Be equally effective working with high volume of details as well as providing high level summaries.
• Ability to engage and manage relationships across all levels of stakeholders (from floor to senior management).
• Ability to work in a matrix environment and perform under pressure.