Job Specifications
READY TO TURN COMPLEX NUMBERS INTO STRATEGIC DECISIONS THAT SHAPE THE FUTURE OF A GLOBAL FASHION BRAND?
Your Mission & Responsibilities Ahead Of You
As the Head of Business Analysis and Controlling, you will be fully responsible for the analysis, budgeting and forecasting of GANNI’s business performance. You will play a key role in monitoring business performance and identifying opportunities for improved profitability.
You will report directly to the CFO and lead a team of 3 Finance Business Partners (Retail and Digital, Wholesale and Supply Chain, SG&A).
This role is based at our GANNI HQ in Paris, with visits to our HQ in Copenhagen when needed.
Responsibilities relating to the BA & Controlling team include:
Budget and forecasting
Lead, supervise and enhance GANNI’s Budget and Forecast
Plan and lead annual budget and quarterly forecasts (deadlines, guidelines, templates, etc.)
Define business guidance ahead of each budget and forecast, helping management outline the key messages and expectations, and ensure these are communicated clearly to the organization
Assist and challenge sales channels in modelling out expected top-line performance based on historical KPIs, general market conditions and investments made across the business. Help channels understand and budget / forecast their cost base (COGS and fixed costs)
Assist and challenge HQ departments in completing their budget / forecast by providing insights into historical data, underlying drivers, recurring activities and planned cost drivers
Contribute to balance sheet and cash flow projections based on the P&L input across channels and departments, ensuring investments into the business are made with consideration of the overall cash generation of the operations (ex: Business cases for store openings or closure)
Identify and quantify risks and opportunities on budget and forecasts
Month-End closing
In cooperation with the Accounting team, ensure month-end closing delivers accurate information to all company stakeholders (Top management, Board, Banks), for timely and informed decisions to be made.
Produce on time the monthly set of management accounts, reports and management presentations, which include analyses and explanations of performance versus Budget / last Forecast / previous period.
Topics of analysis usually include:
Operational sales performances and KPIs by channel and geographies. Analysis of main drivers for Direct-to-Consumer channels (Traffic, conversion, unit per transaction, average unit price, discount, returns…) with a specific focus for Retail on like for like performances and new stores ramp-up. For wholesale, analysis of sales by region, by collections across sell-in orders re-orders, including an understanding of the risks and causes of order cancellations
Operational contribution to profitability of each channel, region and product line: analysis on gross margin, discounts and cost structure of each channel (retail employee costs, rent, department store commissions, fees paid to website platform, credit card fees…) and product line
Fixed costs tracking against Budget and analysis, by Department, Channel and Region. Understanding causes of overruns and risks against latest budget/reforecast along with remediation actions
Non-recurring expenses: Reclassification from statutory to management accounts, tracking against budget
CAPEX for Retail, offices, IT and Digital and control spending in comparison to business cases and budget
Operational reporting and data integrity:
In collaboration with each channel and operational department and in close cooperation with the IT team:
Ensure the communication of operational reports across all channels and departments (ex: daily Direct-To-Consumer sales reports, weekly Wholesales shipped and open reports, merchandising/product reports, inventory reports, operational reports)
Validate the data integrity of the reports distributed on an on-going basis, including helping to understand causes of discrepancies
Contribute to the development of GANNI’s reporting framework, including tracking of new requests, backlog, testing, helping to define business requirements, identifying relevant data sources, defining KPIs and aligning across the business
Ad-hoc reporting and analysis:
In collaboration with management, channels and departments, assist the business with any ad-hoc analysis of commercial, operational or financial nature to ensure a timely and unbiased analysis and clear recommendations making efficient use of data available across the business.
Specific areas of focus within the BA & Controlling team:
Retail and Digital: Reporting and analysis, developing daily/weekly targets and specific KPIs, driving the understanding of performance drivers and risks within the channels
Wholesale: Monitor sales and orderbook development, estimate risk and opportunities on wholesale sales on a month-to-month basis with wholesale, supply and accounting teams
Supply chain and logistics: Repor
About the Company
Founded in Copenhagen, GANNI is a Danish fashion house led by the husband-and-wife duo Creative Director Ditte Reffstrup and Founder Nicolaj Reffstrup. Born from Ditte’s joyful and uninhibited approach to fashion, GANNI embodies a vision of self-expression, empowering individuals to feel like their most confident selves. More than a fashion brand, GANNI has grown into a mindset— a movement that embraces a community of progressive-minded change-makers with a distinctive, unconventional sense of style, defining the GANNI Girl ...
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