Coty Operations Asia Pacific Pte Ltd – Commercial Finance Intern

ROLE AND DEPARTMENT

Job Title: Commercial Finance Intern 

Through this role, you’ll be able to gain an understanding of:

• Commercial finance role: provide support to commercial team (sales & marketing) & working with cross-functional teams (custodian finance, supply chain, customer service, APAC finance team etc) to drive business growth & business operation
• Financial planning process (3 year plan, annual budget, monthly forecasting etc)
• Financial analysis, understand drivers of variances vs budget/forecast & last year, identify gaps & make recommendations
• Preparation of management reports for markets & total SEA region
• Financial control & SOX compliance
• Evaluating deals (pricing), promotion activities, capital expenditure investment, ROI etc
• Monitoring & tracking of expenses
• Managing collection & overdue 
• Use of Accounting & Business intelligent systems such as SAP, SAP BI, HFM, Power BI dashboard, Hyperion Smartview, Ariba & Kinaxis
• Set-up RSP/invoice prices/trade margin in SAP via Nintex

THE ROLE

Support Finance Manager in the co-pilot role for Singapore & Malaysia markets

• Financial planning (Budgeting & Monthly Forecast)
• Prepare monthly key performances / management reports including identify variances & provide commentary on the key drivers
• Prepare weekly sales tracker and shipment status
• Month-end closing process including preparing of journals and reviewing of P&L
• Prepare monthly / quarterly management reports for commercial team, SEA & APAC teams
• Monthly / Quarterly financial control & SOX compliance – monthly Balance sheet & accruals review, provide evidence / supporting documents etc
• Evaluating deals, promotion activities, capital expenditure investment, ROI etc
• Monitoring & tracking of A&CP spend, etc.
• Monitoring & tracking collection from customers & overdue (DSO)
• Assess reasonableness of profit margins for new product developments
• Set-up RSP / invoice prices in SAP via Nintex / Pricing controls
• Maintaining price updates in Kinaxis / STREAM
• Identify process improvement opportunities
• Assist in internal audit requests
• Assist in new projects

Consolidation & report preparation SEA region

• Monthly & Quarterly management reports
• Ad-hoc requests from Global & APAC team
• Follow up with markets / business units on report submission, due dates etc
• Develop user friendly templates for data collection

We’d love to see candidates who have:

• Undergraduates who can commit for at least 6 months (Jan to Jun 2024) for a full-time internship.
• Skilled in the use of MS Office tools including Outlook (or related email tool) Excel, Word and PowerPoint.
• Self-motivated and self-starter, with a strong work ethic and a sense of confidentiality.
• Possesses cross-cultural awareness and high emotional intelligence.
• Articulate, with the ability to work in a fast-paced environment.
• Good balance of a professional attitude while having fun.
• Strong interest in consumer goods, makeup and beauty products.
• Strong desire to learn along with a strong sense of ownership.
• Persuasive, resilient and flexible, able to easily adapt to new challenges.
• Passionate, enthusiastic and driven to regularly follow-up with loose ends.
• Able to thrive despite challenges while adopting a positive attitude under pressure.

LEARNING OUTCOMES

• Role of commercial finance/co-pilot
• Accounting policies & transactions/accounting entries
• Processes: management reporting, financial planning process, financial analysis & financial control & SOX compliance
• Systems: SAP, SAP BI, HFM, Hyperion Smartview, Kinaxis etc.
• Working in a Cross-functional organization / inter-department (markets/business units).