Fendi Senior Finance Manager

Singapore • Singapore

Wednesday, December 18, 2024

Fendi, a distinguished name in the luxury fashion industry, is part of the prestigious LVMH Group, renowned for its commitment to excellence and innovation. As an employer, Fendi offers a dynamic and inspiring environment where creativity and business acumen are equally valued, fostering a culture of collaboration and growth.

1. Develop and maintain a comprehensive understanding of financial reporting and ledger structures, including P&L, balance sheet, and cash flow.
2. Collaborate with the Managing Director to drive operational and profitability targets, acting as a strategic business partner.
3. Oversee the budgeting and forecasting processes, from initial framing to presentation to headquarters.
4. Conduct monthly, quarterly, and annual financial analyses comparing actual results to budget targets and prior year figures.
5. Prepare monthly management reporting packages for local management and Fendi headquarters, focusing on retail KPIs, sales, and margin analysis.
6. Perform cost analysis, including benchmarking, budgetary control, and cost sharing.
7. Ensure financial reporting adheres to group guidelines through controlling and monitoring processes.
8. Support investment planning for new store openings, including follow-up with headquarters.
9. Assist in comparing and analyzing commercial terms for new projects.
10. Collaborate with the Merchandising department to review seasonal merchandise buys.
11. Prepare presentations and reports on various projects, such as inventory turnover and e-commerce.
12. Analyze and monitor logistics flow costs to identify issues and opportunities.
13. Respond to financial queries from local management and Fendi headquarters.
14. Collaborate with department heads and store managers to support departmental goals and objectives.
15. Provide financial training to new and existing staff as needed.
16. Participate in and review retail audits annually for each store, proposing action plans as necessary.
17. Ensure adherence to procedures regarding cash, credit card processing, and store cash management.
18. Lead projects for boutique openings, buybacks, and new country entries, coordinating with stakeholders across departments.
19. Review legal contracts in collaboration with the Legal department, landlords, and brand representatives.

1. Degree in Finance & Management
2. MBA/CPA/ACCA qualification highly desirable

1. Strong verbal and written communication skills in English
2. Experience in luxury retail business advantageous
3. SEA experience advantageous
4. Strong business acumen and strategic thinking
5. Proficiency in Microsoft Excel, PowerPoint, and Word
6. Strong interpersonal skills for effective stakeholder collaboration
7. Ability to multi-task, work under pressure, and meet deadlines

Minimum of 10 years of management experience in financial accounting/control, preferably within the luxury retail sector.

Degree in Finance & Management

Fendi offers a comprehensive benefits package, including opportunities for professional development and career advancement within the LVMH Group.

Fendi fosters a culture that values creativity, innovation, and collaboration. As part of the LVMH Group, employees are encouraged to pursue excellence and are supported in their professional growth within a dynamic and fast-paced environment.