Director of Financial Planning & Analysis
Area: | Market Korea |
Department: | Financial Planning & Analysis |
Direct Reporting Line: | VP Finance |
Indirect/secondary reporting line: | none |
Subsidiary/country: | Korea |
Location: | Seoul |
GSMS Grade: | M2 |
Number of Personnel Managed: | 10 |
Cost Center/Budget and/or Revenue Responsibility: | none |
Purpose & Overall Relevance for the Organization:
Lead the business analysis & planning, be heavily involved in the strategic direction and provide accurate & timely information and solution across all brands & channels as a strategic business partner. Foster cross-functional collaboration to achieve one committed plan, linked to the market mission and strategy.
Key Responsibilities:
Focus
- Across all brands & channels
- Financials (P/L, B/S), return on investment and profit maximization
Reporting / Analysis / Suggestion / Providing insight
- Lead evolving data & reporting foundation beyond finance function to provide measurement and insight for better decision making
- Provide solutions and strategies for difficult and complex problems requiring extensive judgement and initiative with a holistic view
- Collaborate with Global & other Markets Finance Teams and provide necessary information
- Prepare financial documents for legal requirement and internal control and confirm VP Finance approval
Planning / Controlling
- Lead process and develop financial plans and Target KPIs cooperating with business partners
- Ensure consistency between plans and strategies (company strategy / budget /ambiton / forecast)
- Lead the FP&A team and drive continuous process improvement internally and with the business partners to improve forecasting accuracy and achieve the targets
- Monitor and review ROI of MaEx/ OOH / CAPEX
- Create processess and KPIs for tracking channel performance
- Ensure compliance with relevant Finance policies
- Review Retail BPMs, new accounts plans, accounts, ecom and marketplace peformance
- Accurately read and project combination of financial and non-financial KPIs to support the forecast by identifying risks and opportunities by channel and category
Brand Finance
- Work with the BUs on category ambition plans and collaborate with Demand Planning on channel/Brand aligmenet to ensure one goal for the commercial teams
- Establish and Maintain Key Franchise plans in close collaboration with the BU leads
Team Management
- Determine own and team's strategic priorities and set assignments
- Set clear target for team members and be accountable for performance and salary reviews
- Develop the team
- Review the organization structure to optimize the teams performance to address changes in the company/business when needed
Key Relationships:
- Global / Korea Management Team and their direct reports
- Finance Teams in Global/ Other Market/Other Cluster/Other Country Finance
Knowledge, Skills and Abilities:
- Passion for sport
- 3Cs mind (Creativity, Collaboration, Confidence)
- Pro-active, collaborative and positive attitude even in changing environments
- Ability to think strategically but also focus on detail and understand how it fits into the bigger picture
- Strong leadership to drive business change using fact-based approach
- Have foresight in business environment and mind of creating the new
- Excellent interpersonal skills to work collaboratively with senior exectives and to drive consensus between multiple cross-functional stakeholders not only locally but globally
- Deep insight and driving force for problem solving
- Ability to manage, align, motivate, coach and develop direct and indirect reports
- Leadership in team management including organization set up
- Fluent in English (spoken & written)
Requisite Education and Experience / Minimum Qualifications:
- University graduate
- Minimum 10years work experience
- Minimum 6-8 years finance and/or demand planning experience
- Preferable experience in the sport or clothing industry
- Experience successfully leading, managing and developing a team