Margin chargebacks ? provisions for margin / monthly reconciliation
Credit notes for promotions and other income
Store Feasibility studies
Brand P&L updates
P&L store level, head office level and Ecom level management.
Review of costs and expenses
Reporting & analysis
Reconciliation
Setting up financial process across all markets (200 brands across 3 countries)
?KEY ROLE SPECIFIC ACCOUNTABILITIESFinancial Planning & Analysis
Develop routine and ad-hoc reports of Watsons to management that deliver visibility to financial results and trends.
Analyze financial results, comparing actual and year-to-date performance with prior periods, forecasts, and plans.
Interact with department managers, leasing & planning team and run simulations on various ?what-if? scenarios using insight and critical thinking to evaluate and make recommendations about critical business decisions.
Liaise with planning team to build and make recommendations on Open-to-buy (OTB) for Inventory optimization.????
Accurate and timely delivery of periodical MIS reports
?Monthly MIS & Reporting
Prepare monthly and quarterly reporting deck of Watsons for senior management focusing on key performance indicators (KPI) and detailing financial performance relative to plan and suggest action plan for improvement.
Work with Retail FP&A and Group Finance to ensure integrity in financial planning function and perform analytical analysis supporting executive management understanding of divisional performance.
Regular operational and financial performance reports to relevant stakeholders.
Enhance automation to improve efficiency??????????
Accurate and timely delivery of periodical MIS reports
?MIS Systems ownership (SAP, BPC, BIW, Tableau, Anaplan etc.)
Collaborate with accounting team in month-end close, analyze and advise on monthly accruals and reclassifications in respective ERP.
Prepare reports from SAP, BPC and circulate it to relevant stakeholders.
ANAPLAN : The retail group has implemented a new software to automate the Financial Planning & Analysis function. The role holder has to independently handle the testing and usage of the tool to upload Budget, forecast and Strategic Plan for Watsons
?Budgeting Forecasting & Strategic Plan
Liaise with depts, operations, planning to build brand and divisional budget, strategic plan and quarterly forecast with key assumptions and action plan to deliver.
Prepare and manage presentations with Retail and Group Leadership.????
Investment Committee & Feasibility Analytics
Prepare feasibility studies for new projects and determine NPV and payback periods.
Build business case models for group investments and create and submit IANs for group approval
Prepare IANs for store lease renewals and closure.??????????
Accurate and timely submission of IANs in the system
?Cashflow management?- Group Treasury
Collaborate with group treasury to manage cash flow requirements of Watsons
Provide relevant data to Group Treasury on currency hedging requirements.??????
Accurate and timely data consolidation and submission
