The Industrial Controller is a newly established position within the Finance department, supporting the Head of Finance in building and leading financial operations specific to the industrial segment of a luxury brand. This pioneering role is designed to forge financial strategies that align with production excellence and corporate goals, ensuring sustainable growth in the high-end market.
The Industrial Controller reports to the Head of Finance.
Job Responsibilities
1. Strategic Financial System Development: Support in establishing robust financial systems and processes for industrial operations from the ground up, integrating them with existing corporate finance structures.
2. Costing System Implementation: Support in designing and implementing a cost accounting and controlling system that captures all elements of production costs with precision while facilitating analysis for cost-saving opportunities without compromising luxury standards.
3. Comprehensive Financial Oversight: Support in managing all aspects of financial planning, reporting, and accounting for both corporate finances and industrial operations.
4. Cash Flow Management: Monitor cash flow regularly to ensure liquidity for operations while optimizing investment opportunities.
5. Budget Creation & Financial Planning: Develop initial budgets and financial plans that encompass both industrial operations and broader corporate objectives. Set benchmarks for cost management.
6. Performance Metrics & Reporting Frameworks: Define key performance indicators (KPIs) and create reporting frameworks to measure efficiency and cost-effectiveness across all department activities.
7. Cross-Departmental Collaboration: Collaborate closely with different departments to ensure integrated financial planning that supports operational objectives.
8. Financial Analysis & Strategic Support: Build actual and forecast P&L statements and produce analysis focusing on inventory, margins, and costs. Develop monthly reports and perform variance analysis between budget and actual figures.
9. Compliance & Control Environment Setup: Support in establishing a framework for compliance, including an internal control environment tailored for industrial finance operations in accordance with LVMH Internal Control standards.
10. Capital Expenditure Evaluation: Evaluate capital expenditure proposals related to industrial equipment from a financial perspective.
11. Change Management & Continuous Improvement: Drive change management initiatives as new systems are introduced; foster a culture of continuous improvement within the finance function and organization, particularly regarding cost efficiency without sacrificing product excellence.
12. Cost Reduction & Process Improvement: Lead initiatives to reduce costs through lean manufacturing principles, procurement strategies, and operational efficiencies while upholding luxury standards.
13. Technology Utilization & Team Development: Leverage advanced technology solutions tailored to both corporate finance functions and industrial production needs.
Profile
Bachelor’s degree in Finance or Accounting required; experience within the finance department of a multinational company; sound knowledge of accounting fundamentals and IFRS principles; deep understanding of manufacturing processes combined with financial expertise; demonstrated ability to implement ERP systems or other technology solutions in an industrial setting; exceptional analytical skills for detailed reporting; strong communication skills for cross-functional engagement; organizational skills, proactive attitude, and strategic thinking; international experience highly preferred; fluent in English.
Additional Information
Contract
Impiego a tempo indeterminato
Experience
At least 5 years
Type
Full-time
Function
Finance
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