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Finance Operations Manager, Inventory Control

Ralph Lauren

  • Company Industries:Clothing/Garment/Textile

Job Information

  • Post Date:2022-08-03
  • Career Level:Middle
  • Location:Tsim Sha Tsui
  • Qualification:6 years
  • Employment Type:https://www.ralphlauren.com.hk/
  • Job Function:Accounting  Finance / Accounting Manager  Transportation & Logistics  Inventory / Warehousing
  • Benefits:Dental insurance, Double pay, Life insurance, Medical insurance, Work from home, Five-day work week, Flexible working hours

Job Description

Position Overview 

The candidate’s primary responsibility is to maintain inventory accuracy in our merchandising and financial systems as well as to provide timely business support to all divisions within Asia-Pacific. This candidate will also work toward development and implementation of standard policies, procedures and controls and will participate in strategy formulation, project management and execution, career development, benchmarking and reporting, ongoing process improvement, enhancing controls, and minimizing costs.

Essential Duties & Responsibilities 

  • Manage physical inventories and cycle counts in all divisions including book cutoff (freeze), capturing counts and sales, research, reconciling, applying adjustments, and shrink reporting
  • Collaborate with 3rd party (RGIS) to arrange count schedule and line up with store managers
  • Review and approve inventory adjustments processed within Inventory Control department including, but not limited to RTV’s, MOS, sell-offs, transfers, etc.
  • Timely resolution of business requests to ensure smooth business operations
  • Store compliance with inventory related procedures including distributions, transfers, MOS, physical inventory prep and execution, etc.
  • Provide recommendations and participate in new business initiatives/projects
  • Regular liaison between Inventory Control, DC Operations, Planning & Buying, Store Operations, Asset Protection, and Stores to provide support with inventory related issues
  • Identify inventory discrepancies in reported quantities, costs and locations
  • Manage inventory costing issue and regularly work with U.S. costing team to support on item cost
  • Partner with DC Transportation in administering and processing claims
  • Coordinate and participate in reporting (Scorecard) and internal control documentation and testing
  • Partnering with Accounting e.g.: reconciliation of inventory data, inventory analysis of P&L and B/S accounts and audit questions.
  • Support year-end audit preparation with inventory related documentations
  • Managing a team to ensure smooth operations on Finance Operations – Inventory Control
Experience, Skills & Knowledge

  • Minimum 5 years’ of Inventory Control experience ideally within a Retail environment
  • Accounting or Finance Degree
  • Sound people management skills
  • Good written & verbal communication and interpersonal skills
  • Experience in working with various countries within Asia-Pacific region preferred
  • English required
  • Knowledge of Financial systems - Microsoft Dynamics AX or similar finance system
  • Proficient with Microsoft Applications (Excel, Word, PowerPoint, Access, Outlook)
  • Highly organized with excellent time management skills
  • Positive attitude 

Company Info

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, and Club Monaco, among others, constitute one of the world's most widely recognized families of consumer brands.

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