The Team:
The Finance team is responsible for protecting the Company’s financial assets, mitigating financial risks and reporting the financial position of the company to business stakeholders. The department is comprised of three main pillars: Financial Planning & Analysis (FP&A), Accounting and Treasury
The Opportunity:
As the Manager of Financial Planning & Analysis (FP&A), you will be responsible in supporting the team in delivering accurate and timely reporting of the quarterly and annual Group IFRS reporting and the production of periodic financial reports and memos. You will ensure financial goals and objectives are met and communicated while also monitoring the overall financial performance by measuring results, managing the annual planning and quarterly forecasting cycle, and evaluating budgets.
You will play a key role towards the overall goal of the Finance department, which is to protect the Company’s financial assets, mitigating financial risks and closely monitoring the financial stability of the company through robust reporting, compliance controls and cross-functional partnerships.
About the Role:
Oversee the construction of budgets and reforecasts, partnering with corporate, retail and wholesale business partners during budget preparation Manage the consolidation and analysis of PL, Balance Sheet and Cash Flow statements during monthly closing reporting, in close partnership with Accounting and Treasury teams Analyze all elements of PL (sales, margin, expenses, results) in $ and % vs. budget and prior year, as well as fluxes in balance sheet accounts Present qualitative and quantitative financial results to business partners on a quarterly basis, partnering closely with each department for successful achievement of annual budget goals (expense lines and KPI’s) Oversee CAPEX management in collaboration with respective partners (Store planning, IT, Logistics, Asset Protection etc.), providing quality reporting and guidance in monthly closing reporting and construction of budgets and reforecasts Own the yearly retail price update, including calculation, implementation, and management in partnership with Merchandising and Operations teams Provide audit (internal and external) information requests Prepare the financial information for insurance renewal process and claim submissions Perform financial controlling functions in the procurement system (PO approvals, User Management) All other duties assigned by supervisor
Supervisory Responsibility:
YES – Direct Report: Financial Analyst
Budget Responsibility:
YES – Construction of financial budgets, reforecasts, 3-5-year strategic plans
Decision Making Responsibility:
YES – Application and creation of financial policy and procedures
About You:
5+ years of experience for a major company/division of a large corporation, preferably in a similar industry/environment Bachelor’s degree in Finance/Accounting/Business Administration IFRS GAAP knowledge is a plus Demonstrated ability to build successful relationships and collaborate effectively across departments Team Leader – proven ability to create and promote positive and supportive work environment. Commitment to recruiting, mentoring, growing a diverse team Significant budgeting, forecasting and operational financial experience with private, high-growth organizations Passion for process or system enhancements and operational excellence Strong ability to work in a fast-paced, client-service oriented culture where multi-tasking and hands-on collaboration and communication are critical to success Advanced Excel skills required Ability to travel, as needed Knowledge of SAP, Cegid, Cognos, TM1, Magnitude, Coupa systems a plus
The range for this role is $96,706.50-$114,289.50. Actual rates are determined based on the job, location, and individual experience.
We are looking for a candidate that has a combination of the above attributes and can perform the key functions of the role with or without reasonable accommodations.
Company Overview:
Since 1837, Hermès has remained faithful to its artisan business model and humanist values. We place people at the heart of what we do and aspire to make a positive impact on the world. The freedom to create, the constant search for beautiful materials, the transmission of a savoir-faire of excellence and the aesthetic of functionality define the singularity of Hermès, a house dedicated to making highly-crafted, beautiful objects made to stand the test of time.
An independent, family-owned company, Hermès is dedicated to keeping production in France through its 42 workshops, The Hermès organization is also a truly global community with a network of 310 stores in 49 countries. Hermès employs more than 15,000 people worldwide with over 6,000 of the workforce being Hermès craftspeople engaged in making artisanal products, nurturing a 180+ year tradition of creativity and innovation.
At Hermès, our actions for sustainable development and corporate social responsibility are founded in values passed down by generations of humble artisans who have shaped the story of our house and the integrity of our objects. The roots of Hermès’ success and longevity lie in a sense of responsibility; a quest for authenticity and respect for time and preservation of natural resources. All at Hermès wish to leave a positive footprint on the world, a mission that’s at the heart of our commitment to progress. This narrative can be experienced in a series of shorts films “Footsteps Across the World” available on our website. Link here.
Our Commitment:
Family is at the heart of Hermès. At Hermès of Paris, we are committed to being a Maison for All, a home where we make efforts to generate, support and advance the values of diversity, inclusion and family both within our own walls and in the wider world. At Hermès of Paris we look to create a diverse workforce of talented and unique individuals with different backgrounds, skillsets and worldviews that will enrich our Hermès of Paris family. We support our individual team members personal and professional success through a culture that values equality, individuality and fairness and through an environment where individuals can thrive and feel comfortable being their authentic selves. Beyond the walls of our Maison, we advance our DIF values through the work that we do in partnership with our community and non-profit partners.
At Hermès of Paris, we are proud to be an equal opportunity workplace. It is the policy of Hermès of Paris, Inc. that applicants for employment are recruited, selected and hired on the basis of individual merit and ability with respect to positions being filled and potential for promotion or transfer which may be expected to develop. Applicants are recruited, selected and hired without discrimination because of race, color, religion, sex, age, national origin, disability, genetic information, sexual orientation, citizenship, military or veteran status or any other basis prohibited by applicable law. In addition, personnel procedures and practices with regard to training, promotion, transfer, compensation, demotion, lay off or termination are to be administered with due regard to job performance, experience and qualifications, but without discrimination because of race, color, religion, sex, age, national origin, disability, genetic information, sexual orientation, citizenship, military or veteran status or any other basis prohibited by applicable law. Hermès of Paris, Inc. also provides reasonable accommodations to qualified individuals with disabilities, in accordance with applicable laws.
We collect personal information (PI) from you in connection with your application for employment with Hermes, including the following categories of PI: identifiers, personal records, commercial information, professional or employment information, non-public education records, and inferences drawn from your PI. We collect your PI for our purposes, including performing services and operations related to your potential employment. For additional details or if you have questions, contact us at ccpa@hermes.com. Please do not submit resumes or applications to this email address.