Brand Finance Manager, louis Philippe
Brand Finance Manager, louis Philippe
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Job Description
Job Purpose
Providing data analysis and reports on performance of apparel brands and units monthly MIS docket for the top management and Corporate Office. Coordinating the P & B process for T & A quarterly decks for T & A business along with providing other ad-hoc analysis & reports as required.
Job Context & Major Challenges
Madura Fashion & Lifestyle a division of Aditya Birla Fashion and Retail Ltd is one of Indias fastest growing branded apparel companies and a premium lifestyle player in the retail sector including product lines that range from affordable and mass-market to luxurious high-end style and cater to every age group from children and youth to men and women. Madura Fashion & Lifestyle is defined by its brands Louis Philippe Van Heusen Allen Solly Peter England and People that personify style attitude luxury and comfort. The Units products are sold through a network of 1200 stores and around 850 multi brand outlets.
Challenges:
functional integration for preparation and analysis data
level of accuracy to be maintained as the numbers are used by all stakeholders including investors
be up to date with changes and reforms in accounting taxation and other laws
to be adhered to strictly
to be prioritized based on the urgency/importance of requirement. Ad hoc requirements to be dealt with the same level of speed and accuracy.. There is need of finding profitable premium customers to keep up the momentum of export business which is hard to come by.
Although MC remains the primary vendor to MFL it operates in a highly competitive environment with demands of flexibility in delivery reduced lead times and perpetual cost pressure from low cost manufacturers (domestic & global). Further with the brands venturing into shorter product lifecycles and new product categories expectations from MC to align itself to the changing business environment of MFL has increased. Thus MC has to constantly reinvent itself in all parameters of Quality Cost and Delivery. The Sourcing structure in MFL enables brands to source from anywhere in view of competitive advantage. The requirement of having standalone profitable operations of manufacturing within MFL thus demands high level of productivity and resource management.
Job Challenges:
Key Result Areas
-Track and help Brands / functions manage its spends with in budgeted norms
-Develop dashboard for each of the key deliverables of Brand and monitor against the same and guide in achieving the same by providing timely accurate information as may be required
-Preparation of Mid-month PNL
-Co-ordinate with brand channels and department heads for the inputs for the budget
-Support for the BRC and Chairman presentation
-Evaluate the changes in business environment and submit the latest estimate (LE) at a quarterly/monthly level
-Analyze the retail cost at a line item level and support the cost saving initiatives
-Support Brand COO in terms of analysis of Discount Schemes to be run in the market their impact on income statement and track spends against the same.
-Support in terms of Sales Promotion analysis running in the market retail trade departmental stores liquidation channel etc.
-Develop Market scheme trackers manage over and under spends
Track and help Brands and channels to manage its sellex with in budgeted norms
-Discount analysis by channel for all categories
-Secondary discount approval for Retail
-DS and Retail New Store Proposal analysis
Collecting and updating statutory requirements as and when required
Required Experience:
Manager
Employment Type
Full Time
