Req ID:  2107

Paris, France

Date:  02-Oct-2022

Assistant Manager Finance F/H

Job Description

Purpose and Objective of Position

The Finance Assistant Manager will support the Finance Manager to provide business acumen, analysis and decision support for division initiatives and business processes. In addition, this position will drive improvements in division performance by assisting in value-added decision-making as well as maximize revenue and store contribution through the development and implementation of concise, relevant analysis and reporting.
As a key member of the finance team, the Finance Assistant Manager will work as a business partner of all store departments on budgeting & forecasts purposes.

Essential Job Duties and Responsibilities

Scope of responsibilities includes support in management of the P&L ie work closely with the finance manager to make recommendation on risk and opportunities for top line, and to manage operating expenses, supervise reporting, lead the forecasting and budgeting process, development, business plan & capital expenditure request, cash flow related topics and management of ad-hoc projects as applicable

Efficiency & Productivity
• Maintains and reviews with the management team key performance indicators to develop action plans for optimizing efficiency and productivity, provides appropriate feedback and recommendations to local operations
• Monitors and manages key operating expenses, including payroll, supply costs, shop expenses, rent and makes appropriate recommendations to management
• Support division in developing new systems and processes for improving efficiency and productivity, regularly audits old systems and procedures
• Participate to make recommendations to Local management, Division management and Corporate departments regarding opportunities and risks of operations
• Create financial reports to support business objectives and operations needs as they develop
• Follow up on cash flow related topic (cash flow forecast and analysis, corporate solvency, and funding plan) with Corporate Treasury and Taxes.

Reporting, Budgeting, Forecasting and Strategic Plan

• Understands building P&L’s, budgets in the system
• Coordinates the monthly financial close with the Global Finance team in Hong Kong
• Prepare new projects Capital Expenditure Request for Corporate submission from developing the financial
business case and ROI to the operational implementation of the project (assets and financials follow up).
• Leads analysis of the monthly financials in order to identify positive or negative trends from Budget/Forecast, develops action plans to resolve all variances to budget and forecast targets and/or investigates variance to ensure they do not result from omission or error
• Acts as a liaison on the ground between the Division management and Global Finance team in assembling data relevant to the preparation of Budgets, Forecasts and Strategic Plans.
• Reviews on a monthly basis the Corporate deliverables and provides feedback to the Corporate teams to ensure that the deliverables are accurate, timely and communicated effectively. Coordinate all analyses and explanations of all variances to targets
• Provides expenses follow up to the division business leaders.

Key Requirements

Knowledge, Skills and Abilities Required

Degree in Finance or Business preferred, or at least 3 years of progressively responsible and directly related work experience or an equivalent combination of education and experience sufficient to successfully perform the essential job functions of the job.
Minimum of 3 years financial/retail operating experience.

Tools / Resources:

• Ability to analyze a business both statistically and conceptually.
• Strong analytical and quantitative skills
• Ability to formulate analytical works into presentation formats.
• SAP experience is a plus
• Strong leadership skills to effectively make and communicate decisions

Other Knowledge, Skills and Abilities Required:

• Strategic agility and ability to deal with ambiguity.
• Strong financial analytical skills with strategic vision.
• Highly organized with strong attention to detail and the ability to prioritize and multi-task.
• Excellent oral communication skills; good written communication skills; interpersonal and follow-up skills (French and English).

DFS is an equal opportunity employer. It is the Company’s policy and practice to employ, promote and treat all employees and applicants on the basis of merit, qualifications and competency and to provide all employees with a workplace that is free of discrimination. Employment decisions are based on qualifications such as education, work experience and talent, and are made without regard to race, color, gender, religion, age, national origin, marital status, sexual orientation, disability or any other basis protected by law.