CONTEXT____________
LVMH’s Beauty activities benefit from exceptional dynamism that relies on both the longevity and development of key lines and on the boldness of new creations.
The brands cultivate what makes them unique and is guaranteed to make them stand out for their devotees in a highly competitive global market. The success of the beauty division depends on finding the right balance between major historic Houses such as Parfums Christian Dior, Parfums Givenchy, and Guerlain and strong potential brands like Benefit Cosmetics and Make Up For Ever.
All are driven by the same values: a quest for excellence, creativity, innovation, and perfect mastery of their image. LVMH Beauty Middle East & Africa manages 8 different brands, including Parfums Christian Dior, Make Up for Ever, Givenchy, Kenzo, Loewe, Acqua Di Parma, Guerlain and Benefit Cosmetics. LVMH Beauty Middle East & Africa oversees an area of 52 countries and 53 airports in the Middle East, Europe, Africa, and India, with subsidiaries and agent structures.
YOUR MISSION ____________
Based in Dubai and reporting directly to the Financial Controlling Manager, the Financial Controller will work closely with the Givenchy & Kenzo Regional team and HQ teams as a « Business Partner » to monitor the global performance of the region.
The main responsibilities will be:
1 – BUSINESS PLANS
- Support decision-making by preparing 5 years business plans for new potential openings.
- Lead the process up until presentation to HQs and submission in the systems.
- Manage the stakeholders involved (regional team, HQ).
2 – BUDGETING
- Ensure the consistency between financial objectives and strategy.
- Participate in the Budget and Revised processes in accordance with HQ requirements and timetables: build and validate hypotheses (Sell Out, Sell In, Operating Profit and CAPEX) with commercial teams. Prepare budget presentations and Financial Packages.
- Secure the achievement of targets assigned to the market: maintain cost control responsibility. Provide relevant reports and rationale with recommended action plans for the business.
- Participate in monthly top-line re-estimations for the next 3 months.
3 – CLOSING
- Ensure monthly financial closings are done properly within HQ deadlines (from Sell – Into Operating Profit) and analyze variations vs last Budget exercises and previous years.
- Prepare monthly P&L and balance sheet: Accountable for all P&L entries and source of change elements against comparable periods. Monitor the evolution of Balance Sheet accounts.
- Monitor all OPEX costs and check that they are registered properly. Analyze G&A reinvoicing from other LVMH P&C brands.
- Support monthly reporting to Management and Local, Financial, Commercial and Marketing teams. - Follow up Sell out performances.
- Manage all system reporting for his/her scope.
4 - CONTROLLING
-The Finance controller will provide financial advice to the Commercial and Marketing team on ad-hoc and business case analysis, including: BC Staff cost Analyze CAPEX requests and follow up on financial requests Support on business analysis, cost tracking and ad hoc requests and projects
-T&Es
5 – INTERNAL CONTROL
- Ensure that LVMH accounting standards & internal control guidelines are respected.
- Participate in both external & internal audit processes when needed.
PROFILE ____________
Qualifications & Skills
- University or Business School Master
- Must have a previous experience of a minimum of 5 years spent in FMCG, Luxury or Audit environment
- Fluent in English. French and/or Spanish are a plus
- Excellent Excel skills / advanced knowledge of financial systems (like Oracle and SAP). Knowledge of Power BI is a plus.
Need to be/have
- A team player with the ability to work in a fast-paced working environment
- Meticulous with strong analytical thinking and business mindset
- Excellent communication skills (written & spoken)
- Well-organized, sensitive to figures, detail-oriented and committed to accuracy
- Able to work independently, highly autonomous and proactive, work under pressure for tight deadlines
- Able to work in a multicultural team
Seniority Level: Other
Job Functions: Project Management
Industries : Information Technology
