Chief Financial Officer - Retail

The Employer

The Employer is a large Asian retail house with strong presence in several countries in South-East Asia. The highly successful and reputed Group operates franchise operations for top-tier global brands in fashion and food segments. For its new business venture in Thailand, it is interested in bringing a CFO to lead finance and related functions and support the Country CEO/Group management in driving the growth of the company in SE Asia.

Position: Chief Financial Officer (Retail)

Job Code: EXP/CFO/RET/TH/0425

Location: Bangkok, Thailand

Responsibilities

The selected candidate will be a key business partner to the Country CEO and will direct the financial affairs of the company, including its financial plans and budgets, accounting practices including internal controls, the conduct of its relationships with financial institutions, the maintenance of its fiscal records, and preparation of financial reports.

a. Business Support

- Support Country CEO and business teams to seek top line growth/bottom line improvements (sales review, finance solution, etc.);

- Review forecasts and performance at management meetings;

- Provide analytical support and recommendations;

- Provide regular reports to global HQ on financial and operational parameters.

- Coordinate and direct the preparation of budget and financial forecasts.

- Lead analysis and interpretation of accounting information in order to evaluate operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the company, driving periodical review and follow up action plan on budget/forecast deviation.

b. Finance Operations & Compliance

- Ensure compliance with corporate accounting policies and procedures, maintenance of an effective system of internal control and oversees compliance with those controls, continuous monitoring to ensure compliance and improve operating efficiency;

- Oversee accounting, monthly closing, internal & external reporting and audit; Define workflows and JDs for finance department, coach and train finance staff.

c. Treasury and Cash Flow Management

- Ensure banking relations are well-established and closely managed.

- International Trade Finance, Local currency and Forex requirements are well managed. Approval procedures are well developed and robust;

- Cash flow forecasting/management are proactively managed;

- Ensure AP, AR, GL operations are well managed and comply with the country's GAAP.

Requirements

Ideal candidates will have:

- 18-25 years of work experience of which the last 2-3 years should be in a similar position

- Degree in Accounting/Business from a premier university and CA/CPA, or equivalent

- Strong exposure to B2C retail, sales and distribution businesses, preferably in apparel, footwear, fashion accessories, food and similar products

- Experience with luxury brands preferred

- Prior international work experience is preferred, not essential.

- Experience in setting up new business ventures, M&A or JVs preferred

- Ability to set up new systems, policies and procedures.

- Strong skills in managing external relations (bankers, auditors, tax consultants, legal counsel etc.)

- Strong organizational and planning skills.

- Detail driven, high integrity, business savvy.

- Strong presentation and reporting skills.

- Fluency in English. Excellent written and oral communication skills.