Omni Operations Finance Specialist, POSM

Omni Operations Finance Specialist, POSM City: Copenhagen V Country/Region: DK Application Deadline: July 31st, 2024 Do you want to be pivotal in impacting business performance by driving better visibility on a cost bucket that accounts for 500 million DKK in annual global spend and 250 million DKK in inventory? Are you a Finance professional who enjoys working with colleagues from other functions (e.g. Supply Chain, Demand Planning, Indirect Procurement, Retail Marketing) and with teams from across the globe? Do you want to be a part of an organization where you can dream beyond the obvious and dare to pursue bold ambitions? If so, this could be an opportunity for you!

The mission of the Omni Operations Finance Specialist is to provide financial oversight on our point-of-sale materials (POSM) spending and inventory to help drive and impact business performance. In this role, you will work closely with various cross-functional stakeholders located in the Global Office and in the Clusters. This position provides reports and analyses that could facilitate the identification of efficiencies, cost cutting opportunities, and similar. Thus, it is a key player in driving commercial excellence.

Adopting a “total cost of ownership” mindset for POSM, the Omni Operations Finance Specialist provides advice to Logistics Finance Business Partners and Cluster Finance teams on developments (at global level) that could impact downstream logistics costs (such as warehouse and outbound freight) and Cluster spending. Furthermore, the role acts as the Global Commercial Finance contact for Clusters with respect to POSM inquiries/issues, investigating the issues raised, and recommending corrective actions and process improvements to prevent similar issues in the future. The function plays a central role in facilitating knowledge-sharing between Global Office and Clusters Finance, and best-practice sharing among Clusters.

The key accountabilities of the role include, but not limited to:

• Collaborating with Global Office stakeholders in developing guidelines and targets for planning POSM spending to be cascaded to Clusters during Budget/Forecast cycles
• Developing and maintaining standard templates/reports and commentaries that will enable better visibility of POSM spending and performance management (Budget/Forecast/Actuals), and generate insights that could lead to cost savings opportunities or changes in ways of working
• Tracking progress of the Group in achieving the cost savings targets, and flagging any opportunities or risks
• Collaborating with POSM S&OP team in driving reduction of excess POSM inventory, and consequently, of the write-off provision as well
• Managing the financial planning and month-end close processes for inbound freight and other OpEx accounts (e.g. purchase price variance) under the Global Office entity, and timely identifying any issues and trends that could indicate opportunities or risks
• Enforcing master data governance in cooperation with Global Office and Global Business Services to ensure financial data integrity and quality
• Driving the periodic standard cost update process to ensure proper cost allocation between Clusters and Global Office entity, and ensuring timely communication to Clusters of accurate prices for globally produced items
• Providing financial modelling and analytical support for business cases and ad hoc initiatives

An Analytical and Collaborative Finance Business Partner
At Pandora, we are an international fusion of minds and professions joined in one global organisation where we encourage initiative and leadership. We are looking for a Finance professional with strong analytical skills and can manage large sets of data to summarize and present in a simple manner. You must also have the ability and willingness to both collaborate cross-functionally in a team environment, and autonomously to secure business results. In addition, we would like you to have:

• Business partnering skills obtained from the management of strong senior stakeholders or from general project management
• High level of curiosity and initiative to pursue ideas
• Strong attention to detail, but able to communicate insights and issues to senior management in an effective manner
• 3+ years of relevant experience in Finance function, preferably in Commercial/Operations Finance gained from a Retail/FMCG/Manufacturing company - experience with managing the cost and/or inventory of direct/indirect materials would be an advantage
• A Bachelor’s or Master’s degree within Finance/Accounting, Supply Chain or similar
• Professional proficiency in English and Microsoft Office (PowerPoint & Excel)
• Experience in Oracle Hyperion is a plus, but not required

Your new team
The Global Omni Operations Finance team consists of a Team Lead and 3 Business Partners each supporting the Managing Directors and their Leadership Teams for our 3 main Distribution Centres in US, Germany, and Thailand. We support the Global Omni Operations team in providing financial business partnering and proactive analytics to drive development and efficiencies in our distribution/logistics setup and POSM costs. In the team, we value open and positive communication. We work from a continuous improvement mindset where time between work peaks is invested in improving processes and quality of our deliverables. We aim to be a valued and trusted business partner to Global Omni Operations – included as a natural part of every project and discussion.

Additional information
This role is based in the Pandora Global Office in Copenhagen, Denmark.

Global Career Band 5

Did we get your attention?
We hope you got all your questions answered and feel confident applying for this position, however if you have more questions regarding the position, please contact:

Kelly Kavarnou

Global Talent Acquisition

[email protected]

If you see yourself in the position and would like to become a part of Pandora’s future, please do not hesitate to apply. We are an international team, so please make sure to send us your application in English to be considered. We look forward to hearing from you!

We process applications on a continuous basis, which is why we encourage you to send your application as soon as possible. You can also read more about Pandora on our corporate site www.pandoragroup.com.

Icing on the cake
You will be working out of our beautiful Head Office in Copenhagen V, established in 2016 and designed to unite and inspire our teams. Besides our beautiful interior design we are also proud of our LEED Gold Certification for Energy and Environmental Design. This means that we use as few natural resources as possible and that we use them with respect. The result is a professional and dynamic space that is unique, comfortable and inspirational – and delivers a true Pandora experience to anyone who works here or comes to visit.

About Pandora
Established in 1982, Pandora designs, manufactures and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora’s products are available in more than 100 countries on six continents through more than 6,500 points of sale, including around 2,500 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 32,000 people worldwide and crafts its jewellery at two LEED certified facilities in Thailand, using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated a revenue of DKK 28.1 billion in 2023.

At Pandora, we believe that creating an inclusive and diverse workplace and reflecting societal diversity in our customer engagement is essential to delivering on our company purpose: to give a voice to people’s loves. We dedicate ourselves to fostering, cultivating and preserving a culture of inclusion and diversity where everyone feels respected and valued.

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