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Internship Finance
VFC
Bornem, , Belgium
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Internship Kipling Finance
OBJECTIVE OF THE JOB
Support Manager of Business Analysis with comprehensive analysis and reporting to guide leadership team on decision making and direction in pricing, margin and discount management.
KEY JOB RESPONSIBILITIES AND PRINCIPLE ACCOUNTABILITY
• Support the management of standard costs and sales prices following VF policies and assuring the expected profitability;
• Provide analytical support for seasonal standard costs generation based on fobs collected, exchange rates and overheads;
• Generate seasonal sales pricelist (Retail, Wholesale, Distributors) working with Merchandising teams, Sales VP and GM, providing financial validation of the pricing strategy, supporting challenges vs. competitor’s pricing and market opportunities;
• Keep awareness and adherence to the Pricing & Costing timetable, while prioritizing activities to ensure required duties are accomplished, and supporting the needs of the brand management;
• Complete uploads and on-going updates of costs and prices in the system;
• Work with Merchandising teams and Sales teams on pricing;
• Check the Purchase Price Variances;
• Enhance and continuously improve existing models adapting to new business and analysis requirements, and create ad-hoc analysis models as-needed;
• Keep and promote day to day contact with all relevant departments to solve-issues/queries; example missing prices
• Terms & Conditions management: validation of actual disputes and discount variances
• Gross-to-net analysis, includes identifying potential discount savings
• Prepare pricing proposals and margin simulations on sales offers
• Any other duties as assigned to the jobholder within the jobholder'scapabilities.
REQUIRED SKILLS AND EXPERIENCE:
The requirements listed below are representative of the knowledge, skills, and/or abilities required for the individual to be successful in this position:
• Relevant degree (mathematics, statistics,business);
• Business acumen, analytical mind-set and a strong ability to work with numbers are key;
• Good working knowledge of computer systems with emphasis on MS Office. Good Excel skills are essential. SAP knowledge is a plus.
• Fluent in English, spoken as well as written.