Finance Manager at LVMH - Moët Hennessy

Position

• The Finance Manager is a trusted partner to the General Manager (GM), he/she will be tasked with the responsibility of overseeing the organization’s financial health by managing, controlling, and planning financial processes.
• This includes tasks like budgeting, financial reporting, risk management, and advising senior management on financial strategy. And ensure compliance with financial regulations and contribute to the overall financial stability and success of the company.

Job Responsibilities

FINANCE CONTROL

• Ensure that local Legal Entity’s business transactions are recorded in accordance with both local and international financial and tax standards – as well as MH & LVMH Group policies and guidelines.
• Ensure timely production of local Financial Statements and Tax Returns in accordance with prevailing standards.
• Build and maintain relationship with external stakeholders (banks, insurance companies, government bodies, auditors, advisers, lawyers, business services providers).
• Ensure timely preparation and submission of Group reporting in accordance with IFRS.
• Cash Management – Review, Processing, Payment of local accounts payables.

RISK MANAGEMENT and CONTROLS

• Monitor operating procedures and controls in order to protect the company’s physical and financial assets, people, and reputation.
• Provide full transparency over control designs and effectiveness (“Erica”).
• Timely report issues, if any, to GM & MEA FD. Design and implement corrective actions.
• Coordinate internal and external audits / reviews.
• Warrant the effective and timely implementation of action plans arising from audits and internal control reviews.

A&P + FUNDS TO THE TRADE

• Prepare monthly reporting file to analyse and control invoices received from distributors.
• Follow up A&P budgets vs Actual and organize monthly meetings to empower marketing and market managers in building brand value and business growth.
• Coordinate POSM follow-up on budget side as well as supply chain.
• Identify risks & opportunities to optimise spending and forecasting.
• Prepare monthly and end of year accruals and manage invoicing in coordination with accounting department of Hennessy, MHCS and MH South Africa.

OVERHEAD COSTS

• Lead OVH forecast processes (initial budget, revisions & landings) in coordination with HR, Market Managers and GM according to Moët Hennessy guidelines.
• Build monthly analyses by nature and cost center to ensure full understanding of variances in labour cost, travel expense and other overheads.
• Prepare quarterly and annual OVH report by department and nature.
• Provide monthly follow-up of T&E to be shared with each employee.
• Prepare monthly and end of year accruals in coordination with accounting department of Hennessy, MHCS and MH South Africa.
• Identify risks & opportunities to optimise spending and forecasting.

ADMINISTRATION

• NAFDAC: Manage and Maintain Repository of all NAFDAC Certificates and work closely with external Agency for prompt renewal or registration of new certificates were required.
• IT Application: Manage and Maintain Repository of IT Tools working with Global, Regional and Local IT Consultants.
• Work With Local Distributor to ensure adequate records of POSM and FoC inventories.
• Maintain Repository of Contracts with all MH NG Partners and Stakeholders.

Profile
Languages: English fluent, French as a plus

Professional experience:

• Minimum 5 Years experience in business controlling and/or finance, preferably in FMCG industry.
• Strong financial planning and analysis skills.
• Experience in generating process documentation and reports.
• Good business understanding.

Technical & management skills:

• Strong knowledge of Excel (macro, programming), PowerPoint, multi-dimensional tools (ESSBASE, EOS, Microsoft database type) are necessary.

Personal & interpersonal skills:

• Excellent analytical, mathematical, and creative problem-solving skills.
• Integrity and rigor are a must, as well as pro activity and team spirit.
• Excellent listening, interpersonal, written, and oral communication skills.
• Logical and efficient, with keen attention to detail.
• Highly self-motivated and directed.
• Ability to effectively prioritize and execute tasks while under pressure.
• Strong customer service orientation.
• Able to exercise independent judgment and act on it.
• Experience working in a team-oriented, collaborative environment.
• Comfort with ambiguous, ever-changing situations.