Financial indicators of business activities
· Manage financial indicators of revenue, gross profit, opex, capex, EBT and other financial indicators (such as inventory, clearance,…) to ensure achievement of targets according to the approved budget of IPPG
Management report
· Continuously improve the management reporting system to ensure professionalism from content to form, including master data files about all financial ratios from detailed to aggregated
· Information is provided accurately and clearly, ensuring professional presentation
· Conduct in- depth financial analysis to identify trends, opportunities, and areas for improvement
Budget and reforecast
· Every quarter, coordinates with GBDs and budget owners to update actual business results and reforecast the business plan.
· Implement and deploy the company&039;s annual budget in a detailed and clear manner.
Cash flow management and Capital mobilization projects
· Monitor, manage and control the company’s cash flow to prevent any disruptions. Plan and execute effective strategies to optimize the company&039;s financial liquidity.
· Implement and deploy under BOD&039;s direction capital mobilization projects including work related to capital mobilization activities such as bank loan,...
· Build relationship with banks/financial institutions on related tasks (if any)
Projects & Investments
· Re- evaluating effectiveness after projects go into operation, including advising BOD on decisions to close ineffective stores/brands
· Deploying the new Financial Model with high efficiency, making the implementation of new projects fast, accurate, detailed with customization.
· Monitor and ensure that projects, partnerships and investments are duly approved, executed and compliant with financial policies and commercial guidelines
Purchasing and commercial activities
· Optimal purchasing budgets (OTB) based on set sale forecast plan, along with inventory control, % Sell through (%ST), %Gross Margin (%GM), %Markdown (%MD)...
· Ensure retail price and %GM:
· Approve promotion programs to optimize sales activities as well as other financial indicators of the brand such as inventory, clearance,... Double- check the detailed conditions of the promotion program to avoid errors/risks before event takes place
· Ensure the pricing strategy closely follows the market at each time and has appropriate adjustments at each time according to the market situation
· Control landed cost structure when goods are actually imported or make adjustments to ensure the %GM (if any)
· Control %GM when actual goods received compared to at estimated time
Other requirements as directed by HOD
