Responsibility
Strategic financial planning for growth
- Provide financial insights and recommend to support key decision- making processes related to expansion, acquisitions, and market penetration.
- Coordinate with the executive board to develop strategies and financial plans consistent with growth objectives
Cost control and efficiency improvement
- Identify areas for cost reduction and process improvement to enhance overall financial performance.
- Implement cost control measures to optimize operational efficiency across both retail and manufacturing operations.
Market analysis and forecasting
- Utilize data- driven insights to develop financial forecasts, enabling proactive decision- making in response to market changes.
- Conduct financial analysis related to market trends, consumer behavior, and competitive landscape in the fashion retail industry.
International financial management
- Collaborate with cross- border teams to address financial challenges and opportunities in diverse markets.
- Manage financial aspects related to international expansion, ensuring compliance with regulatory requirements and mitigating currency risks.
Financial compliance and risk mitigation
- Oversee financial compliance, ensuring adherence to local and international financial regulations.
- Develop and implement risk mitigation strategies to protect the financial integrity of the fashion retail and manufacturing chain.
Crisis management
- Develop contingency plans and strategies for financial crisis management.
- Play a key role in steering the organization through challenging economic periods, ensuring financial stability and resilience.
Technology integration
- Explore and implement financial technologies and systems that enhance the efficiency of financial operations
- Work closely with the IT department to ensure seamless integration of financial systems and data accuracy.
Stakeholder Communication
- Effectively communicate financial strategies, performance, and key metrics to stakeholders, including investors, board members, and senior management.
- Foster transparent and open communication channels to address concerns and align financial objectives with the overall business strategy.
Continuous learning and adaptation
- Stay abreast of industry trends, technological advancements, and changes in financial regulations.
- Continuously adapt financial strategies to fit the context
Requirement:
- In- depth knowledge of financial regulations and accounting principles.
- Experience in mergers and acquisitions and investor relations
- Detail and results- oriented with sense of urgency
- Integrity – uphold the highest ethical standard in personal and professionally
- Analyzing data and interpreting results, Microsoft Office, Google sheet, Power BI, MyDBR.
- Adaptability – thrive in a dynamic and fast- paced Fashion retail environment.
- Accounting knowledge: thoroughly understand accounting principles and practices and be able to read and interpret financial statements and analyze financial data to identify trends and potential issues
- Leadership skills: strong leadership skills to motivate their team members and see that tasks are completed efficiently and on time
- Strong organizational skills including prioritizing, scheduling, time management, and meeting deadlines
- Strong influencing and interpersonal skills
- Strategic thinking: strong strategic thinking skills to develop long- term plans to help the organization reach its goals
