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    20/01/2025

    BALENCIAGA Assistant Finance Manager

    Balenciaga - Regular
    Singapore - Singapore

    About us Founded by Spanish-born Cristóbal Balenciaga in 1917 and established in Paris in 1937, the original house of Balenciaga defined modern couture with its many innovations to form and technique. Since his appointment as artistic director in 2015, Demna continues to uphold the vision of Balenciaga through boundary-pushing collections, which have expanded to include women’s and men’s ready-to-wear, accessories, and objets d’art. The brand’s unprecedented interactions with the expanding digital realm, material developments, and today’s social responsibilities keep it at the forefront of modernity. In 2021, Demna designed Balenciaga’s 50th couture collection – the house’s first since its found retired in 1968 – reintroducing a standard of cutting-edge elegance. Your opportunity Reporting to the Financial Controller, this role is a key finance business partner for our Southeast Asia business. This role will also work with Kering’s Finance Shared Service team to ensure the timely and accurate execution of the monthly reporting and is responsible for the Forecasting and Analysis for the SEA business.

    Your opportunity

    Reporting to the Financial Controller, this role is a key finance business partner for our Southeast Asia business. This role will also work with Kering’s Finance Shared Service team to ensure the timely and accurate execution of the monthly reporting and is responsible for the Forecasting and Analysis for the SEA business. 

    How you will contribute
    Financial Reporting (20%)

    • Ensure timely and accurate preparation and submission of monthly management reports, including sales and inventory analysis, for management review and group consolidation.
    • Review tririga lease information submitted by shared services team.
    • Prepare, analyses and share all monthly reporting packages for review with APAC team.
    • Follow up with Store Planning to ensure all committed capex are well recorded and aligned with approved capex.
    • Communicate monthly spending reports to Budget owners for monitoring and tracking of spend versus Budget / Forecasts
    • Coordinate with SSC for compliance to auditors, tax consultants, bankers and government agencies; reviewing schedules to assess the accuracy of the financial reporting.

    Budget & Forecasts (50%)

    • Responsible for the timely submission for budget and forecasts for SEA entities and the reporting package to APAC

    Controlling (20%)

    • Cost management and control with budget owners to manage budget and justify spending.
    • Working with Retail team in SEA, to guide and support business plans, projects roll out in-store.
    • Review and ensure improvement in business process, to ensure all compliance to regulations and group policy.

    New Projects & Contracts (10%)

    • Prepare financial model and feasibility studies for new business opportunities.
    • Coordinate the legal review on Lease agreements before submission to HQ before director’s signatory.
    • Monthly submission of Leases summary.
    • Key contact for Finance transformation project for Brand with SSC to ensure successful roll out to SAP and other application.

    Who you are

    • Bachelor’s Degree in finance/Accounting/Economics with CA/CPA qualifications or its equivalent.
    • 5 to 6 years of relevant working experience, preferably in luxury retail industry.
    • Audit or Internal Control experience preferred but not a must.
    • High proficiency in Excel and other Microsoft Office applications.
    • Preferably knowledge in SAP, HFM and Power BI.
    • Excellent communication, analytical, written, and interpersonal skills
    • Ability to meet deadlines and work well under pressure in a fast-paced environment
    • Attention to detail and problem-solving skills

    Why work with us?

    This is an exciting opportunity to contribute to the Balenciaga philosophy and to become part of a team that offers possibilities to learn and grow.   

    Balenciaga is committed to thriving your professional development within the House or in the Kering group. We empower leaders to create, build and sustain high performing teams that excel in execution. We guide every employee to reach their full potential in a stimulating and fulfilling workplace environment.

    Diversity Commitment

    Balenciaga is committed to fostering a diverse workforce. We believe that diversity in all its forms - gender, age, nationality, culture, disability, sexual orientation… - enriches the workplace and our client experience. As an Equal Opportunity Employer, we welcome all applications and select our talents based on competencies and in alignment with our brand behaviors. Setting people for success is what we live for. It is part of our interview process to discuss with you how to excel in our company.

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