Finance Manager

Bhiwandi, Maharashtra
Permanent
Full-time

2 months ago
Apply easily

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?Position PurposeWe are seeking a highly motivated and detail-oriented Finance Manager to oversee all financial operations in India. This role is critical to ensuring financial compliance, operational efficiency, and alignment with both local regulations and global organisational standards.As the Finance Manager, you, together with the support of your team, will act as a strategic partner to the leadership team, providing financial insights, driving cost management to achieve the organization’s objectives.Key Responsibilities:Financial Controllership

Oversee all financial operations, safeguard all assets of the company and generate accurate, timely financial reports (both statutory and management)
Adhere to market and group reporting timelines
Managing interactions with auditors and tax agents
Ensuring timely filling of all statutory reporting
Conduct regular reviews of balance sheet accounts to ensure accuracy, compliance to all accounting standards and policies. This role will be supported by a shared service center team

Financial Planning & Analysis

Lead the annual budgeting process in collaboration with department heads
Monitor actual performance against budgets, identify variances, and recommend corrective actions
Provide rolling forecasts to adapt to changes in the business environment
Participate in the S&OP process to ensure robustness of forecasts
Articulate commercial and financial risks and opportunities; partner with Functional Heads to review profitability estimates, explore and realise opportunities, and mitigate risks
Lead ad hoc analysis as and when required, this includes preparation of business cases to support investments in boutiques, etc
Role will require an ability to work independent and drive changes in line with the strategic goals of the organization
Participate in strategic planning discussions

Treasury

Monitor cash position via tight cashflow management and forecasting to ensure adequate liquidity for day-to-day business operations and strategic initiatives
Driving early conversations and actions to ensure sufficient funding either internally or externally, working closely with the group Treasurer

Compliance and Risk Management

Ensuring a strong controls environment to mitigate risks
Setting the “tone at the top” in all controls related matters

Leadership, People Development

Candidate needs to display an ability to lead via working collaboratively with multiple stakeholders and having a strong capability to influence
Ability to lead and develop the finance team is a must

Requirements:

Bachelor’s degree in Finance, Accounting, or a related field (Professional qualification such as ACCA, CPA preferred)
Strong understanding of IFRS/MFRS, tax laws, and regulatory requirements
Proven experience in working capital management, cash flow forecasting, and financial analysis
Excellent analytical, problem-solving, and communication skills
Demonstrated ability to lead and develop teams. Will need to have managed a decent-sized team
Have good interpersonal skills and an ability to drive tasks to completion
Experience in using SAP Accounting software is a plus but not a must.

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 InclusionLUXASIA 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 @If you have a question for us, please drop us an emailWe regret to inform you that only shortlisted candidates will be contacted. Thank you.Recruitment Privacy NoticeBy proceeding with your application, you confirm that you have read LUXASIA's 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 AgenciesPlease 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.

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