Job Description
The Team:
The Accounting/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 four main pillars: Financial Planning & Analysis (FP&A), Accounting, Treasury & Inventory Control.
The Opportunity:
The Director of Financial Planning and Analysis is responsible in managing 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, ensuring financial goals and objectives are met and communicated, and monitoring the overall financial performance by measuring results, managing the annual planning and quarterly forecasting cycle, and evaluating budgets.
The Director of Financial Planning and Analysis is a key role towards the overall goal of the Finance department which is to protect company’s financial assets, mitigate financial risks and closely monitor 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, 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)
- Inventory reconciliation management (accuracy controls, review, and analysis of inventory on hand and in transit, freight and duty validation, reserve calculation)
- Pricing review, implementation, and management in partnership with merchandising team
- Rent review, reconciliation, and analysis in compliance to IFRS16
- Provide audit (internal and external) information requests
- Preparation of financial information for insurance renewal process and claim submissions
- Perform financial controlling functions in the procurement system
- Perform inventory controlling in retail stores in partnership with Inventory Control team
Supervisory Responsibility
- YES
- 2 Direct Reports: Sr. Finance Manager, Finance Manager
- 6-7 Total team members in the FP&A department
Budget Responsibility
- YES
- Construction of financial budgets, reforecast, 3-5 years strategic plans
Decision Making Responsibility
- YES
- Application and creation of financial policy and procedures.
About You:
- 7+ years of relevant experience for a major company / division of a large corporation, preferably in a similar industry/environment.
- Bachelor’s degree in finance/accounting/business administration
- Certified Public Account (CPA) or equivalent is a plus
- IFRS GAAP knowledge is a plus
- Demonstrated ability to build successful relationships and collaborate effectively across departments to meet mutual objectives
- Team leader – ability to create and promote a 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-serviced oriented culture where multi-tasking and hands-on collaboration and communication are critical to success
- Advance Excel skills required
- Strong organization and problem-solving skills
- Ability to travel as needed
- Knowledge of SAP, Cegid, Cognos, TM1, Magnitude, Coupa systems is a plus.
The range for this position is $105,899.00- $176,499.00 annually. 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.
About Us
A creator, artisan and seller of high-quality objects since 1837, Hermès is an independent, family-owned French house that employs nearly 20,000 people worldwide. Driven by its permanent entrepreneurial spirit and consistently high standards, Hermès cultivates the freedom and autonomy of each individual through responsible management. The company perpetuates the transmission of exceptional know-how through strong territorial anchoring that respects people and resources. Sixteen artisanal métiers feed the creativity of the house, whose collections are presented in over 300 stores around the world.
About the Team
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.
AN EQUAL OPPORTUNITY EMPLOYER
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.