Finance Manager (JV) at LUXASIA

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

09 Mar, 26

Salary

0.0

Posted On

09 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Variance Analysis, Cash Flow Management, Month-End Closing, Payment Management, Receivables Management, Forecasting, Budgeting, Compliance, Governance, Audit, Tax, Leadership, Interpersonal Skills, Excel Proficiency, SAP Knowledge

Industry

Retail Luxury Goods and Jewelry

Description

LUXASIA is the leading and largest beauty omnichannel brand-builder of Asia Pacific. Since 1986, it has successfully enabled market entry and brand growth for more than 100 luxury beauty brands, the likes of Albion, Aveda, Bvlgari, Calvin Klein, Creed, Diptyque, Hermes, La Prairie, Maison Francis Kurkdjian, Montblanc, Rabanne, Ferragamo, and SK-II. LUXASIA has established Joint Ventures with the likes of LVMH Group, Revlon (for Elizabeth Arden), Puig, Shiseido, and Orveon (for Laura Mercier). The Group's integrated brand-building capabilities include luxury retail, online commerce, consumer marketing & analytics, and supply chain management. LUXASIA is powered by a diverse and dynamic #OneTeam of 2700 talents across a growing footprint of 15 markets. Why Join Us? At LUXASIA, we believe there is beauty within every talent – that is you. We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you autonomy but not without guidance and genuine care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling. With LUXASIA, an exciting career filled with robust professional growth awaits you. Isn’t that beautiful? Key Responsibilities: Financial Reporting & Analysis Prepare monthly and quarterly financial and management reports for the joint venture and its subsidiaries. Conduct variance analysis and provide timely commentary on significant deviations. Evaluate profitability and cost efficiency across multiple business channels. Cash Flow Management Prepare weekly cash flow forecasts to ensure liquidity and effective cash management. Identify potential shortfalls and recommend actions to mitigate risks. Month-End Closing Manage the month-end closing process, including reviewing journal entries, audit schedules, and intercompany transactions. Upload financial data from SAP into Hyperion for consolidation and reporting. Ensure operational accuracy, efficiency, and proper allocation of charges to related entities. Payment & Receivables Management Review monthly payment listings to ensure accuracy, completeness, and compliance with company policies. Prepare Statements of Account (SOA) for customers and follow up on outstanding Accounts Receivable (AR) to ensure timely collection. Forecasting & Budgeting Participate in the monthly reforecast process, including system uploads. Assist in the preparation of the annual budget. Monitor expenses and revenues against budget and reforecast, analysing fluctuations and trends. Compliance & Governance Ensure adherence to Group SOX requirements and other financial compliance standards. Collaborate with cross-functional teams to maintain compliance with financial policies. Audit & Tax Support year-end audits and annual tax filing processes. Projects & Initiatives Contribute to special projects and initiatives as assigned. Requirements: Bachelor’s Degree in Accounting, Finance, ACCA, or equivalent. Minimum 7 years of relevant experience; Big 4 audit experience is an advantage. Strong interpersonal and communication skills in a multinational environment. Ability to thrive in a fast-paced setting and adapt to changes and challenges. Proven leadership skills with the ability to manage multiple stakeholders. High integrity, positive attitude, and attention to detail. Strong prioritization skills and ability to deliver tangible outcomes. Experience managing teams and building strong relationships across all organizational levels. Hands-on proficiency in Excel; working knowledge of SAP, ERP systems, and Microsoft Office is a plus. Willingness to travel overseas occasionally (approximately 10%). Do you have what it takes to succeed in a fast-paced and intense environment? Do you thrive on challenges? Do you want to bring innovative ideas to life? Are you keen to abandon the status quo, try new things, embrace failures as lessons, recover fast, yet always pursue excellence? If so, you are the one we are looking for. JOIN US and let’s grow together. Championing Diversity, Equity and Inclusion LUXASIA aspires to build a One Team of talents that reflects the diversity of the communities in our operating markets. LUXASIA is committed to providing equal employment opportunities to all individuals, regardless of their race, colour, religion, gender, sexual orientation, age, disability, nationality or ethnic origin, cultural background, social group, marital status, or any other characteristics as provided by law. To explore other careers opportunities, visit our careers page @ https://www.luxasia.com/careers/ If you have a question for us, please drop us an email here. We regret to inform you that only shortlisted candidates will be contacted. Thank you. Recruitment Privacy Notice By proceeding with your application, you confirm that you have read LUXASIA's recruitment privacy notice [https://www.luxasia.com/recruitment-privacy-notice/] and consent to the LUXASIA group collecting, processing and disclosing your personal data for purposes specified in the notice. Note to Staffing Agencies Please DO NOT contact LUXASIA’s employees or Talent & Excitement (T&E) team in an attempt to present candidates for our roles. LUXASIA has our own panel of appointed agencies that we work with. Any agency who is interested to work with us must obtain prior written approval from LUXASIA’s T&E team before you submit candidates’ resumes, and then only in conjunction with a valid fully executed contract for service and in response to a specific job opening. LUXASIA will not pay a fee to any Agency that does not have such agreement in place. Thank you for your understanding.

Responsibilities

The Finance Manager will prepare financial reports, conduct variance analysis, and manage cash flow to ensure liquidity. Additionally, they will oversee month-end closing processes and ensure compliance with financial policies.