Senior Financial Analyst

Mô tả Công việc
Job Summary:
We are seeking a detail-oriented and analytically minded Senior Finance Analyst to join our jewelry retail company. As a Finance Analyst, you will play a crucial role in supporting financial decision-making and performance analysis in our jewelry retail business. You will work closely with the finance team to provide accurate financial insights, forecasting, and reporting to help drive the company's success and profitability.
Key Responsibilities:
Financial Analysis & Reporting
- Analyze financial data, including sales, inventory, and expenses, to identify trends, opportunities, and areas for improvement.
- Prepare and maintain financial database and forecasts to support budgeting and strategic planning.
- Provide pre & post-evaluation of promotional programs.
- Generate monthly/quarterly financial reports, including income statements, balance sheets, and cash flow statements.
- Monitor and report on key financial performance metrics and KPIs, identifying areas for optimization.
- Create ad-hoc reports and analysis as needed to support decision-making by management.
Inventory & Cost Management
- Assist in tracking and managing jewelry inventory, including analyzing stock levels, turnover rates, and optimizing reorder points.
- Collaborate with the inventory team to minimize excess inventory and maintain optimal stock levels.
- Analyze the cost structure of the jewelry retail business, identifying opportunities to reduce costs and improve profitability.
- Collaborate with department heads to track and control departmental expenses (Operating expenses)
Budgeting and Forecasting
- Assist in the annual budgeting process, providing financial insights and data to support accurate and realistic financial plans.
- Continuously update and refine financial forecasts based on business performance and changing market conditions.
Compliance and Risk Management
- Ensure compliance with financial regulations and reporting requirements.
- Preparing documentation to submit to the Department of Industry and Trade for promotion programs.
Other ad-hoc task from Line manager & Finance Director