Finance Director

RESPONSIBILITIES:

The Finance Director will be responsible for overseeing the financial operations of the company, guiding its financial strategy, planning, and maintaining its compliance and fiscal stability. He/she will collaborate with the executive management team to establish long-range goals, strategies, plans, and policies.

Strong link with Commercial and Operations departments, seeking strategies to leverage cost and productivity processes.

SCOPE OF WORK: 

Teams:

Accounting and Tax Department

AP / AR / Treasury

Business Controlling

IT

1. FINANCE:

Accounting and Tax: 

• Team management: 1 Accounting Manager in charge of accounting and tax activities supported by an external service provider.

• General Accounting: Review and control GL, trial balances and reconciliations

• Tax: Ensure fulfillment of all tax obligations including transfer pricing.

• Reporting: Ensure consistency and accuracy of actual data reporting (sales weekly and monthly report, quarterly and annual closings).

• Coordinate external financial audits.

Treasury

• Team management: 1 Coordinator + 1 Senior Analyst + 1 Intern

• AR: certify compliance of incoming resources and control reconciliations of sales and payments.

• AP: guarantee internal controls are in place for purchase-to pay process.

• Cash / Funds Management

• Treasury Reporting and Cash Analysis

• Relationship with Banking and Cash Institutions and Acquirers

• Financial Cost Optimization

• Administration of Treasury Tools and Payment Means (back-office and stores)

• Compliance and Internal Procedures for Treasury

Business Controlling

• Team management: 1 Business Controlling Coordinator

• Oversee financial strength of the company through tools and KPIs implementation

• Sales follow-up and re-estimate: partner with Commercial Director on business analysis providing local business plan insights & assumptions

• Provide insights to anticipate Risks & Opps to Region P&L and provide recommendations to Regional CFO and General Manager to ensure target achievements. 

• Support definition of budget targets and requirements

• Cost control: follow-up of all company expenditures (variable costs, overheads, communication expenses, etc…).

• Margin optimization: COGS control, price and product mix management.

• Stock management control through stock equation, stock depreciation, stock-take result analysis, etc…

• Capex follow-up

• Annual budget, estimates and 3-year strategic plan

1.  COMPLIANCE, RISK AND LEGAL MANAGEMENT:

Legal

• Main point of contact for legal matters

• Coordination of legal cases and processes with legal firms and lawyers

• Board of Director’s meeting and other legal requirements in coordination with HQ legal department

• Monthly legal issues report and revisions to General Manager

• Supplier contracts’ management in coordination with lawyers and HQ legal department

• Insurance Management

Insurance Management

Internal Controls - work closely with the Latam Internal Control Manager to:

• Ensure that Hermès procedures are enforced in accordance with Brazilian local regulation 

• Develop local procedures

• Map risks and propose corresponding action plans

• Major actor in the tenue of internal audits

1. IT

• Team Management: 1 IT Manager in charge of the below-listed activities

• Supervise daily operations of network and server infrastructure

• Align IT infrastructure with current and future business requirements and goal

• Evaluate risk, developing network recovery and backup processes

• Assess and purchase new and replacement hardware

• Adjust information systems to operate effectively Implementing security of the network, data and its storage and communication systems

1. PROJECT MANAGEMENT

Business and decision-making partner in strategic projects such as:

• New store opening, expansion or renovation

• Company organization: change of team scope, internalization versus externalization

• Participate in change of operations business model. Ex: central warehouse, importation strategy, e-commerce or retail new projects

• Network Best Practices: Improve and optimize business operations by applying internal and external learnings.

CANDIDATE PROFILE

Education: University Degree in Accounting or Finance

Technical Skills: 

• At least 10 years’ experience in an organized accounting / finance department, within multinational environment (Multinational Group reporting in IFRS)

• Strong knowledge of Brazilian Chart of Accounts, Fiscal and administrative processes in Brazil

• Excellent Excel skills

• Good knowledge of IFRS standards

• Experience with financial planning and scenario analysis is needed.

• Languages: Fluent in Portuguese and English (both written and oral), French is a plus. 

Personality profile: 

• Strong analytical capabilities and organizational skills

• Strong personal values: transparency, honesty and discretion, ability to work in a diverse cultural environment as a highly efficient communicator and influencer at all levels

• Demonstrated capability to be hands-on

• Excellent interpersonal skills, exceptional communication skills (story telling) evidenced by good verbal/written presentation ability

• Strong collaboration skills and particular strength in ‘connecting the dots’ across multiple topics, data sets, etc.

• Ability to adapt fast, work independently, autonomously

• Flexible working under pressure and ability to meet deadlines