Business Finance Analyst

About the job

• 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.

What impact you can create at Chanel

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.
• 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
• Provide ad hoc financial analysis and presentation as required by senior management.
• Monitor external environment such as macro factors, competitors’ movements with regular updates; and recommend appropriate course of strategic actions where applicable

Process & Project Management:

• 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
• Provide ad hoc financial analysis and presentation as required by senior management.
• 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.

You are energised by

• Collaborating with a dedicated team in a fast-paced environment.
• Engaging in multiple analysis/reporting that challenge and expand your skills.

What you will bring

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.

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 3 years in finance functions with min. 1 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

What Chanel can offer you

• The opportunity to work with one of the world's most iconic luxury brands, renowned for its heritage and innovation.
• Ongoing training and development to enhance your skills and knowledge.
• A supportive team environment where your contributions are valued.

At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to Chanel.