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- Tasks: Manage financial aspects for luxury brands and provide insightful analysis.
- Company: Join LVMH, a leader in luxury and beauty with a dynamic culture.
- Benefits: Competitive salary, growth opportunities, and a supportive work environment.
- Why this job: Be part of a team that crafts dreams and drives impactful decisions.
- Qualifications: 5+ years in finance, strong analytical skills, and a passion for beauty.
- Other info: Collaborative atmosphere with a focus on personal and professional development.
The predicted salary is between 36000 - 60000 £ per year.
Position: Finance Controller
Department: Finance
Location: Central London
Reports to: Senior Financial Controller
Purpose: Financial controlling of a portfolio of brands in LVMH Perfumes & Cosmetics UK & Ireland. Direct support to the Brand Managing Director, in charge of all financial aspects including monthly management reporting, budgets, and all ad-hoc finance analysis. Key business partner of the brand by providing insightful reports and analysis to support decision making and by challenging the brand when needed using smart benchmark & market analysis. Identify business risks & opportunities and alert or give constructive advice to business managers. Drive cost optimisation initiatives and process improvements. Ensure LVMH Group rules' compliance and appropriate usage of Company's assets.
Main Responsibilities:
- Strong interaction with the Teams of the Brand (Sales, Marketing, Merchandising, HR) and with the international Headquarter team.
- Budget & Strategic Plan: Pro-actively prepare and manage budget planning and review process, in line with parent company requirements and timetable. Assist on preparation of Landings and Monthly Sales forecast. Co-ordinate all operations teams input to Budget. Review & Challenge all elements of Budget. Prepare European Financial Budget Book, all analysis and financial elements of the Budget presentation. Assist in preparation of the 3-year plan in accordance with business strategy and company objectives.
- Monthly Closing / Reporting: Prepare monthly reporting for parent company in a timely and accurate way. Prepare monthly management reporting with executive summary for all relevant department heads. Provide detailed monthly analysis of sales and forecast. Preparation of the quarterly consolidated package (including Balance Sheet). Provide detailed monthly analysis of costs & analysis of main variances. Work with the Accounting Team, such as review of "parked outstanding/invoices" review of outstanding Purchase Orders, participate to the analytical allocation of invoices.
- Business Analysis: Analyse the overall delivery of Company financial targets on a regular basis and report back to the business with recommendations as necessary. Support the Sales and Marketing teams in monitoring expenditure and evaluate profitability of promotions and other initiatives. Analysis of profitability by channel, customer, by door, by commercial action and lines, and sales productivity, in accordance with Brand management needs. Assist the management team in ad-hoc business and finance control projects.
- Internal Control and IT: Participate in the implementation of Finance/ IT projects for the controlling functions. Support the internal control team with the implementation of procedures as necessary. Continually seek to improve processing efficiency and controlling capabilities of the Company. Provide any help required in relation with the annual external audit and any internal audits.
Key Competencies:
- Autonomy and organisation skills
- Business orientation and curiosity
- Analytical capabilities
- Ability to adapt and be flexible to the changing environment and business needs
- Team player
- Strong attention to detail
- Excellent communication skills with ability to communicate to non-financial stakeholders.
- High levels of persuading and influencing skills.
Profile: At least 5-year experience in a similar position within an international group, preferably in FMCG, retail, luxury business. Solid accounting knowledge. Interest in beauty & retail.
IT Skills: Excellent Excel skills. Experience with an ERP (Microsoft Dynamics is a plus).
At LVMH, people make the difference in the art of crafting dreams. Our people fuel our dynamic, entrepreneurial culture. We value collective ambitions, encouraging our talents to push boundaries and champion a curious, audacious state of mind. Our commitment to excellence is reflected in nurturing every individual with a growth mindset and development opportunities, consistently empowering them to reach their full potential. We are actively committed to positive impact through an inclusive environment that supports and gives back to our talented community. Join us at LVMH, where your talent is at the heart of our collective successes.
Finance Controller in London employer: Groupe LVMH
Contact Detail:
Groupe LVMH Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Controller in London
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those who work at LVMH or similar companies. Use LinkedIn to connect and engage with them; you never know who might help you land that Finance Controller role!
✨Tip Number 2
Prepare for interviews by brushing up on your financial analysis skills. Be ready to discuss how you've tackled budgeting and reporting in the past. Show us your analytical capabilities and how you can provide insights that drive business decisions.
✨Tip Number 3
Don’t just apply anywhere; apply through our website! It shows you're genuinely interested in the role and helps us keep track of your application. Plus, it’s a great way to stay updated on any new opportunities that pop up.
✨Tip Number 4
Be ready to showcase your communication skills. As a Finance Controller, you'll need to explain complex financial concepts to non-financial stakeholders. Practice explaining your past projects in simple terms to demonstrate your ability to influence and persuade.
We think you need these skills to ace Finance Controller in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Controller role. Highlight your experience in financial controlling, budgeting, and analysis, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our team. Be sure to mention any relevant experience in FMCG or luxury business, as that’s right up our alley.
Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to showcase your analytical capabilities in your application. Provide examples of how you've used data to drive decisions or improve processes in your previous roles. We love a good story backed by numbers!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Groupe LVMH
✨Know Your Numbers
As a Finance Controller, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. Prepare examples of how you've managed budgets or analysed financial reports.
✨Understand the Brand
Familiarise yourself with LVMH's brands, especially in the beauty and retail sectors. Show that you understand their market positioning and how financial strategies can support their goals. This will help you connect your experience to their needs during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think about potential business risks and opportunities relevant to the role, and prepare to discuss how you would approach these situations. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Communication Skills
You'll need to communicate complex financial information to non-financial stakeholders. Prepare to demonstrate your ability to simplify financial concepts and provide insightful analysis. Consider sharing examples where your communication made a significant impact on decision-making.