[OTB Korea] Business Finance Manager

Job description

Calzaturificio Stephen is a historic Italian manufacturer of luxury men’s and women’s footwear. Founded in 1967, the Vicenza-based shoe factory has its roots in the tradition of Italian artisan production and is committed to respecting its rules and traditions, while also devoting itself to innovation. Every shoe is crafted with extreme precision, combining tradition and innovation, and embodying the true essence of Made in Italy. The entire production process occurs within the company, leading to the creation of luxury products of the highest quality. Professionalism, competence, and exceptional service have always been Calzaturificio Stephen essential values, qualities that allowed the manufacturer to establish important partnerships with famous maisons across the world. Calzaturificio Stephen is a long-standing supplier of OTB, crafting creations for some of its brands, such as Maison Margiela, and has become part of the Group through its Staff International subsidiary. Company Name : OTB Korea Limited. Job Title: Business Finance Manager Report to: Finance Director MAIN DUTIES AND RESPONSIBILITIES: Position Summary The Business Finance Manager will play a key role in strengthening OTB Korea's finance business partnering capability across multiple brands, including Diesel, Maison Margiela, Marni, and Jil Sander. This role is designed to act as a strategic and hands-on finance partner to commercial teams, supporting brand-level performance management, profitability analysis, commercial KPI review, OPEX management, cash flow controlling, and business decision-making. As OTB Korea operates as a single legal entity managing multiple brands, the role will be important in connecting the consolidated financial view of the company with brand and store-level commercial performance. The successful candidate will help build a more structured and business-oriented Finance function, working closely with the Finance Director, Corporate Finance team, Brand leaders, Retail, Merchandising, Wholesale, and other key stakeholders. This is an exciting opportunity for a finance professional who wants to grow beyond traditional reporting and controlling, and develop into a stronger commercial finance business partner within a dynamic multi-brand luxury retail environment. Key Responsibilities 1. Commercial Performance Support & Decision Making Monitor and analyze Brand P&L and Store P&L performance across OTB Korea brands. Provide financial insights on sales, margin, profitability, store productivity, and business performance to the Finance Director and senior stakeholders. Prepare regular commercial performance reports and management decks to support key business decisions. Identify risks, opportunities, and key drivers behind financial results. Translate financial data into clear, practical insights for non-finance stakeholders. Support regular business reviews, management discussions, and performance follow-up. Conduct ad-hoc business analysis related to sales performance, investment decisions, profitability, and business initiatives. 2. Financial Planning & Forecasting (NOP / Budget / Forecast) Support and coordinate NOP, budget, forecast, and planning processes from a business finance perspective. Prepare and consolidate net sales planning inputs across brands and channels. Collect, review, and integrate key planning assumptions from commercial teams, including: Specific account-level plans and targets Channel-specific estimates Retail OPEX assumptions and expenditure plans Ensure consistency between business plans, financial targets, and management expectations. Prepare supporting analysis, scenarios, and explanations for planning discussions with Finance Director and Sr. Financial Controlling Manager 3. OPEX Management Monitor and analyze commercial OPEX by brand, function, and key cost category. Support budget control and spending discipline through regular review and variance analysis. Challenge business assumptions where appropriate and provide recommendations for efficiency and cost optimization. Partner with stakeholders to ensure spending is aligned with business priorities and financial targets. 4. Wholesale Performance & Receivables Controlling Collaborate with the Wholesale team to monitor and review GOB (Global Order Book) and delivery progress on a regular basis. Track wholesale sell-in performance against targets and flag material deviations to Finance Director. Review accounts receivable collection status to ensure payments are proceeding in accordance with contractual terms and agreed timelines. Manage and monitor cash flow implications from wholesale activities to minimize discrepancies between planned and actual cash receipts. Escalate collection risks or cash flow concerns proactively to the Finance Director and relevant commercial stakeholders. 5. Inventory Order & Cash Flow Controlling Review and monitor inventory purchase orders to ensure alignment with approved OTB (Open to Buy) plans. Track inventory order progress and coordinate with relevant business teams to ensure delivery timelines and financial commitments are on plan. Identify and escalate deviations between planned and actual cash flow related to inventory commitments. Work closely with business teams to manage CF (Cash Flow) impact of inventory decisions, ensuring minimal variances from plan. Provide regular reporting and analysis on inventory order status and cash flow alignment to Finance Director. 6. Commercial KPI Monitoring & Business Analysis Track and analyze key commercial KPIs in partnership with business teams. Provide financial analysis to support commercial decision-making. Support performance reviews across retail, wholesale, and multi-channel business areas. 7. Business Partnering Act as a finance partner to Brand, Retail, Merchandising, Wholesale, and other commercial teams. Build trust with business stakeholders through collaborative communication and practical financial guidance. Support commercial teams in making better informed, financially sound business decisions. Help strengthen the role of Finance as a constructive business partner, not only as a reporting or controlling function. 8. Financial Controlling Support & Cross-functional Collaboration Support Financial Controlling activities in coordination with the Corporate Finance team, including month-end closing support and group reporting requirements. Provide business-related explanations and supporting analysis when required for internal reviews, HQ reporting, or audit-related matters. Partner with commercial teams on selected inventory, OTB, and purchase planning topics from a financial analysis perspective. Collaborate with Regional Finance and Brand HQ stakeholders where required. Scope Clarification The Business Finance Manager will focus on financial analysis, business partnering, profitability review, commercial KPI monitoring, wholesale and inventory cash flow controlling, and decision support. Detailed BAU operational metrics, day-to-day business execution reports, and operational tracking that are primarily used for business team execution will remain owned by the relevant business functions. Finance will support by providing the appropriate financial view, analysis, challenge, and management insight. Key Stakeholders Internal Stakeholders External / Regional Finance Director Corporate Finance / Financial Controlling team Brand leaders Retail/Online/Wholesales team Merchandising team Retail Excellence Supply Chain / Logistics Regional Finance stakeholders External auditors (as required) Required Experience & Capabilities Solid experience in FP&A, commercial finance, business finance, financial controlling, or related finance roles. Strong understanding of P&L, budget, forecast, OPEX, and business performance analysis. Experience in wholesale finance, accounts receivable management, or cash flow controlling would be a strong advantage. Familiarity with inventory planning, OTB processes, and related financial controls is preferred. Ability to interpret financial and commercial data and convert them into meaningful business insights. Strong Excel and analytical skills. Good communication and stakeholder management capability. Business-oriented mindset with curiosity about commercial drivers behind the numbers. Ability to work in a fast-moving, multi-brand environment with a hands-on and flexible approach. Retail, fashion, luxury, consumer goods, or multi-brand business experience would be preferred. English communication capability for regional and HQ interaction would be an advantage. Success Profile The ideal candidate is not only technically strong in finance, but also curious about the business, collaborative with stakeholders, and able to explain financial matters in a practical and business-friendly way. This role would suit someone who wants to grow from FP&A / controlling into a broader business finance partnering role, and who is motivated to help build a more structured and commercially connected Finance function in Korea. The successful candidate will also demonstrate comfort operating across both analytical and operational finance tasks — from strategic planning support to hands-on cash flow and wholesale controlling. First 6–12 Months Focus Understand OTB Korea's multi-brand business model and legal entity structure. Build effective working relationships with Finance, Brand, Retail, Merchandising, and Wholesale stakeholders. Stabilize Brand / Store P&L review routines. Support NOP, budget, and forecast coordination, including net sales and OPEX planning inputs. Establish regular commercial KPI and OPEX review practices. Establish wholesale GOB review and accounts receivable monitoring routines. Build inventory order and cash flow controlling practices in coordination with business teams. Provide practical financial insights to support commercial decision-making. Build a strong foundation for a scalable Business Finance function in Korea. Qualifications & Requirements: BA degree or above with relevant major (Finance/Accounting/Business Administration/Economics) Min. 6 years’ experience progressive finance experience including FP&A function Experience in Budgeting, Business Analytics and Variance Analytics Professional understanding of KGAAP and IFRS is preferred SAP/HFM/Board experience preferred Proficient in MS office applications, especially in Excel, nice to have Power BI Excellent communication and interpersonal skills. Able to effectively communicate with people at all levels Korean native speaker with fluent written and verbal English skills. Multi-Tasking, Patience under hard-working environment, Proactive attitude, Good mannered. Recruitment Process : Application > 1st Interview> 2nd Interview>3rd Interview> Offer Remark: Interviews will be notified individually to those who pass the application screening. If the contents of the application form are different from the facts or if proof is impossible, admission may be cancelled, or regular disadvantages may occur. Job Posting closes as soon as the recruitment is complete, so please apply quickly if you are interested. #Li-AR #OTB