Assistant Business Finance Manager

工作内容

Job Mission:

In order to deliver a competitive advantage to our company, Business Finance function needs to be agile and dynamic, founded on insights from advanced analytics and tools, proactive business partnering with the aim to influence strategic decision where possible. With the ever-changing business environment and technologies, there have been significant changes in the role of the Business Finance function, as it pivots towards a more predictive and analytical future as opposed to descriptive analysis.

We shall no longer just report the news but help making the news. Connect the internal and external insights and proactively drive end-to-end business processes, challenge the status-quo, shape the governance of the local, regional or global agendas for business discussions.

Our job is to provide Smart Analytics that can be turned into actionable insights and enables management to effectively solve their business problems. Smart analytics are:

• Relevant: it makes a difference, especially with regard to making predictions
• Timely: it’s relevant now
• Faithful: it’s complete, neutral, and error-free
• Verifiable: it can be replicated and verified
• Actionable: it’ true to what it claims to represent and is deemed beneficial to the user
• Understandable: it’s quickly comprehensible by those familiar with the situation
  

Our role will be multifunctional: performed as Risk professionals, BI experts, Managers driving on risk management, Modelers, Idea-generators and Business Finance Partners working side-by-side with cross-functions and Divisions, creating synergetic teams with strategic vision and enormous analytical capabilities.

Business skills and leadership attributes:

• Transformational: The position shall have the attributes to challenge the status quo, equipped with end-to-end business processes mindset, be creative and innovative. Visionary: able to foresee outcomes and setting trend. Be sensible to changes in market place, data, analytics upon which predicting impact to our House.
• Agile: Work independently and be comfortable with complexity and ambiguity. Be curious to find out what we don’t know, a proactive and continuous Finance learner.
• Relationships-focused: Be collaborative with various teams including finance, business and other corporate functions at local, regional and global. Proactively provide solutions and supports to stakeholders.
  

Key Responsibilities:

Become the TW Region finance business partner to support cross-functional teams; collaborating with business leaders across departments and divisions to plan, organize, and monitor business activities to achieve performance excellence. This position is expected to support on financial and resource matters with the ability to influence decision-making, improve the understanding of business performance, deliver analysis and insight on business opportunities, providing options and scenarios for business decisions.

Work closely with the Senior Business Finance Manager on:

Drive business performance & Financial management

• Support on the TW region consolidation and coordination activities on all planning cycles (Forecasts, LE, Budget, MTP) and CAPEX submissions to provide accurate and timely information to the management.
• Monitor and enforce the adoption of budget and forecast guidelines. Support to oversee the overall governance, end-to-end process and development of budget and forecasts.
• Consolidate, measure and challenge P&L expenses on YTD/YTG trends and forecast accuracy. Establish routine contingency planning practices with key stakeholders.
• Support on intercompany recharge and transfer pricing, and cash flow management together with the BF team.
• Profitability and productivity scope 360 – by customer/by area, by division and consolidated. By channel of distribution / point of sale and product category. The focus is qualitative profitability growth while never compromising on our brand equity.
• Collaborate with Divisions, budget owners and coordinate with Regional Finance teams on developing analytical KPIs and automated reports to support business decision making and enhance work efficiency. Ensure adopting regional developed reports and templates where applicable, and focus local templates/analysis on value adding to business, prescriptive with insights and proposed actions
• Establish the regular cadence with business partners, drive the monthly performance meeting for monthly actual vs budget variance analysis, sales and expense forecast updates as well as improvements to operating expense efficiency and forecasting. Recommend appropriate course of action when results differ from plan.
• Bring Value-added financial analyses, modelling, advisory and insights into business performance and, whether at regional, divisional or local level to drive business performance management and to influence management decision making
• Utilize robust and advanced analytics to derive business scenarios, predictive and predictive analysis to drive business decisions
• Coordinate with business partners and budget owners on monthly performance meeting for actual vs. budget variance analysis, sales and expense forecast updates, perform deep dive of expenses
• Contribute on the design of necessary reporting templates for business and budget owners to achieve efficient and effective forecast and feed in to the house of Finance
• Drive inventory management with divisions through reviewing MOC with commercial teams, sales forecast, follow up on Stock Obsolescence and write offs
• Provide ad hoc financial analysis and presentation as required by senior management.
  

Contribute to Strategic business & vision:

• Support in shaping strategic goals and investments with business leaders, CFO and MD. Ensure business strategy and planning is appropriately informed with key financial implications and insights.
• Support and contribute to the development of Annual Business Review and Strategic Alignment Meetings and presentations. Lead the process and development of Monthly/Quarterly forecasts, Budgets, Latest Estimates and 2 year plan and MTP where applicable.
• Forward thinking, utilize robust and advanced analytics to derive business scenarios, predictive and prescriptive analysis to come up with possible actions and guide stakeholders towards a solution. Anticipate the business’s changing needs and adapt approach to suit to bring insight to the table.
• Co-create capital expenditure request with business and budget owners and provide its expertise on the subject, ensure financial and qualitative KPIs are met, carry out post mortem review to ensure actual project outcome as per plan
• Monitor external environment such as macro factors, competitors’ movements with regular updates; and recommend appropriate course of strategic actions where applicable
  

Process & Project Management:

• Support and contribute to streamlining planning and forecast processes:
  
• Forecast efficiently and effectively, i.e. forecasting process balances speed with accuracy, work closely with business partners to develop a “lighter” operating budgeting process to minimize rework.
• Proactively provide feedbacks on the design of planning Systems, software, and tools: Our financial systems and software are designed to integrate historical and predictive financial information and reduce time spent on manual data manipulation.
  
• Drives a continuous improvement mindset and culture within the organization by prioritizing opportunities and execution of global/regional finance transformation strategy and metrics.
• Support and drive the utilization of robust and advanced analytics to provide value-added financial/predictive analyses, modelling, advisory and insights into business performance and, whether at regional, divisional or local level to influence management decision making.
  
  

Relationship Building & Communication:

• Act as a champion for change, challenging the status quo and identifying new ways of agile working.
• Establish trusted relationships and work collaboratively within Finance team and across all areas of the business to deliver organizational outcomes and champion a collective style of management.
• Engage and empower finance team/peers to discover and realize their possibilities by sharing constructive feedback and motivating others. Support individuals and teams towards development and bring a higher performance ONE team.
• Support to elevate Business Finance community capabilities, support information and good practice sharing.
  

Person Specifications:

Academic / Professional Qualifications

• University degree in Business Administration with major in Finance, Accounting, Management Systems, or Economics, or Quantitative Finance, and above
• Thorough knowledge of accounting / financial concepts and principles
• Fluent in both Chinese and English ability
  

Work Experience

• Minimum 8 years in finance functions with min. 3 years of business finance/FP&A experience
• Solid experience in the FMCG or retail industry of F&BP / FA / W&FJ is a plus
  

Required Competencies

• Strong communication and stakeholder management skills, be able to listen to and empathize with others to build trust and cohesion (internally / externally)
• Agile, business, corporate operation curiosity and business acumen
• Strong Excel skills required
• Comfortable aggregating and manipulating large data sets from multiple systems to derive insightful analysis and create financial models
• Strong interpreter of data by equipping solid analytical skills and good at numbers
• Strategic planning skills
• Self-motivated
• Entrepreneur, motivated and driven – mentality is one of creative “solution provider” and not “problem giver”
• Ability to see both the big picture and the details
• Proactive, take self-initiated actions on opportunities for continuous improvement
• Innovative: This is the paramount skill
• Personality types that thrive on new ideas and creative thinking, rather than just number crunching