Key Responsibilities:

1. Financial Reporting & Analysis

• Oversee and manage all aspects of financial reporting including monthly, quarterly, and annual statements.
• Conduct in-depth financial analysis to assess company performance and provide actionable insights to support business decisions.

1. Budgeting & Forecasting

• Develop, implement, and manage the annual budget and forecasts in alignment with corporate objectives.
• Monitor financial performance versus budget, analyzing and reporting variances.

1. Cost Control

• Ensure effective cost control across departments, focusing on maintaining luxury standards while optimizing operational efficiency.
• Analyze cost structures to identify areas for improvement and implement cost-saving measures without impacting brand quality.

1. Inventory & Stock Management

• Manage financial aspects of inventory and stock, including valuation, optimization, and alignment with product demand cycles.
• Collaborate with merchandising and supply chain teams to ensure accurate financial reporting on inventory.

1. Compliance & Risk Management

• Ensure compliance with all relevant financial, tax, and regulatory requirements.
• Identify financial risks and implement risk management strategies to safeguard assets and profitability.

1. Cash Flow & Liquidity Management

• Oversee cash flow management and optimize liquidity to meet short-term and long-term objectives, especially during key sales periods.
• Monitor working capital requirements and implement strategies to improve cash flow.

1. Management Reporting & Stakeholder Communication

• Prepare and deliver regular financial reports to senior leadership, providing insights into KPIs, growth opportunities, and areas for improvement.
• Act as a key point of contact for the finance department in cross-functional meetings and strategic planning sessions.

1. Strategic Financial Planning

• Work closely with the executive team to provide financial guidance on long-term plans and investments.
• Support strategic initiatives with financial insights, projections, and scenario modeling.

Skills

Qualifications:

• Education: Bachelor’s degree in Finance, Accounting, or a related field; CPA, CMA, or ACCA preferred.
• Experience: 7-10 years in financial management roles, preferably within the luxury retail or fashion industry.
• Technical Proficiency: Advanced knowledge of ERP systems (e.g., SAP, Oracle) and financial reporting software; strong Excel and financial modeling skills.
• Leadership Skills: Proven ability to manage and develop finance teams and work effectively with cross-functional departments.