Hermès Parfums Hiring for Permanent Contract – Finance Manager – Dubai – Hermès Perfume & Beauty H/F Job at Dubai Full Time

Reporting to the Middle East India & Africa (MEIA) Managing Director, and working closely with the Headquarters Finance team based in Paris, your role as Finance Manager MEIA is to be responsible for the correct adequacy between Hermès Parfum et Beauté strategic goals and MEIA financial objectives.

You are also responsible for MEIA:

• P&L integrity
• Internal control and compliance
• IT business process ownership

The position is based in Dubai in our MEIA Regional office.

As a true Business Partner, you will evolve within a dynamic and growing area, comprising more than 52 local markets, 21 distributors, hotel amenity business and 24 TR operators.

You will have daily interactions with the MEIA Regional operational teams: Sales, Marketing, Training, Operations, …

As well as with all the different Central Finance departments: Accounting, Central Business Controlling, Internal Control.

Business controlling:

• Proactively prepare and challenge yearly and B+2 budgets with Managing Director, local and central teams. Improve existing formats if necessary
• Ensure the achievement of the financial targets and play a key role in communication of risks and opportunities vs objectives, as a main partner to the local Managing Director
• Prepare monthly closings in collaboration with central accountancy
• Prepare yearly closings in collaboration with central accountancy
• Measure and analyse gaps between YTD results and budget / Prepare YTGo analysis
• Follow up all budgets (communication and general overheads)
• Daily follow up MEIA invoicing and organize weekly meetings with the commercial team to identify risks and opportunities and further maximize the monthly invoicing in a timely manner
• Improve existing wholesale and sell out result tracking tool and provide team with monthly dashboard including sales panel, Top 10 markets, stores and references
• Set up and monitor defined key performance indicators
• Set up tools and processes for the accounting and finance topics
• Follow up the regional investment process
• Actively participate to the monthly team meeting and provide team with vision, guidelines, reminders, KPIs

Tax and accounting:

• Work closely with the central accounting team in order:
  • To ensure on time suppliers payments
  • To manage customer’s payment and credit control
• Contribute to produce all financial statements
• Legal: contact point of headquarter regarding customers and vendors contracts

Internal control:

• Implement internal control rules
• Implement locally group internal control regulation and procedures, adapting them to local & business requirements
• Communicate and train local teams on internal control issues
• Report to HQ: transparency and action plans

IT:

• Be the main contact point of headquarter IT team to ensure a smooth regional roll out of all IT projects and material:
  • IT Material set up and maintenance
  • Interfaces with central systems and external providers, if needed
• Ensure cross-functional mission of carrying out new IT or Business projects related to financial monitoring in the area, in direct support of the markets of the Europe Export & Travel Retail Business Unit.

Pricing

• Define MEIA pricing strategy, along with HQ and Managing Director
• Run competitive price study 2x a year for key markets
• Edit yearly price lists and POSM order forms

Management

• Manage and coach a Business Analyst, according to the Hermès management values

• You have a Master’s Degree in Finance or in Economics
• Fluent in English and French is a must
• You are Business oriented and have knowledge of basic accountancy
• You have 5 to 8-year experience in business controlling in a context of rapid growth
• Experience in Perfumes & Cosmetics and in retail/wholesale would be an asset
• Good understanding of retail principles and practices
• Strong analytical skills and commercial acumen
• Highly organised team player
• Ability to work with tight deadlines
• Proactive and flexible
• Strong IT capabilities including: MS Office, Advanced Excel and PowerPoint, TM1 and SAP

Our métier: the creation, production and distribution of Perfumes, associated scented products, and Beauty products. More than 500 employees work at our various sites in France (including Paris and the industrial site of Le Vaudreuil) and abroad. Our distribution extends to 15,000 points of sale throughout the world, including 450 Hermès stores and Hermès Fragrance and Beauty Personalised Spaces. An ambitious growth strategy featuring the development of the Beauty and the implementation of new distribution models and new industrial methods. Since it was founded in 1977, the industrial site in Le Vaudreuil (Eure) has been developing formulas and packaging, producing Hermès Fragrance and Beauty perfumes and associated scented products, and managing all the logistics and supply chain steps through to delivery at our clients. Approximately 260 employees currently work at the site.

The Headquarters in Paris employs approximately 180 employees (including regional managers and the sales teams of the personalised spaces): collection development, communication, international management and operational development, visual merchandising, merchandising, sales drive, international training, operations, e-commerce, finance, IT, HR, etc.

Currently, approximately 100 employees work in our international Business Units, in: Hong Kong, Shanghai, Dubai, Miami, Toronto, Belgium, the Netherlands, Spain, Germany and United Kingdom.

The Middle East, India & Africa (MEIA) team based in Dubai ensures the distribution of Perfumes and Beauty products on three continents: Middle East, Africa and Southwest Asia.