Coty is a world leader in beauty and home to an illustrious roster of cosmetic, skincare and fragrance brands. And our company has a mission: to challenge the definition of beauty, to encourage authenticity and celebrate diversity. Because to us at Coty, beauty isn't about conforming to somebody else's ideal. It's about inclusion and liberating everyone to shine in their unique way. THE ROLE Division: Cross-Bus., Finance, CoPilot Job Title: Commercial Finance Intern About the Role… 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 KEY RESPONSIBILITIES In this role you will be responsible for: Support Finance Manager in the co-pilot role for Malaysia market 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 WHAT YOU'LL BRING ESSENTIAL: Undergraduates who can commit for at least 6 months (Jul to Dec 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).
