Region Business Controller – Portfolio

Company Description

At H&M, our purpose is to liberate fashion for the many. We want to shape a new world in Fashion. A world with one ultimate goal: to unleash your self-expression. As an H&M colleague, you’re encouraged to be yourself & more. You’ll take on new responsibilities from day one, learn skills for life, and find new ways to make your big dreams come true.

Our company is committed to fostering a culture of inclusion and belonging, and we actively seek colleagues who share our commitment.

Job Description

: As a Region Business Controller – Portfolio, you will support Expansion Sales Market Controllers, Expansion Managers and Lease Managers with analysis, input, insights, and project follow up. This role will create methods for benchmarking and building up P&L for high accuracy and efficiency in forecasting, perform analysis for the region in order to optimize expansion decisions, build and support in strategic plans, analyze portfolios and projects, and support with data driven insights of performance and opportunities.

The Regional Business Controller – Portfolio will support the Americas Region and Group Expansion in the development of analysis methods, BI tools, LIMA (Property Management System) functionality and reports. The role will get and analyze market data to provide insights for improved decision making.

This position is based in NY, NY within our Expansion Function and reports to our Regional Head of Expansion Controlling - Americas.

Core Responsibilities includes but is not limited to*:

• Perform analysis in order to support in expansion strategy and portfolio management, such as analysis of cannibalization, sales transfer, omni development, club data customer insights, cost developments.
• Create, utilize and continuously update benchmark data for budgeting and forecasting purposes.
• Prepare ad-hoc analysis and business cases to evaluate current and future business opportunities.
• Set routines for sales and cost forecasting.
• Analyze trends and deviations versus budget/targets and draw conclusions on how to improve the result and accuracy.
• Analyze and secure that rents and data are accurate in systems and tools.
• Analyze the portfolio and forecast development.
• Build and support in strategic plans such as Growth Playbook, roadmap, consolidation plans, capex plans, negotiation strategy.
• Have high level understanding how to analyze and visualize data in Excel and Power BI.
• Part of setting regional strategy for growth, consolidations, negotiations and portfolio management.
• Support the Expansion Managers and Lease Managers with data analysis to improve the portfolio financially and commercially.
• Create tools and support with analysis and target setting for projects and negotiations.
• Set and implement controlling routines and analysis methods for the Lease Managers and Sales Market Controllers.
• Analyze the portfolio to identify key success factors, targets and areas of opportunity.
• Support all local Expansion functions in setting clear strategies and goals.
• Translate regional strategies and set tangible goals and targets for the sales markets.
• Secure the financial transparency on the highest level and that each team member is aware of their responsibilities and approval rights.
• Work in close collaboration with the Regional Expansion Controlling team and sales market Leasing and Construction & Facilities (C&F) functions.

Additional Accountabilities:

• Responsible for optimization of portfolio covering 750+ stores in 8 markets, with $2.5B+ in sales and $396M in rents.

Qualifications

What You’ll Need to Succeed:

• Degree in Business Administration, Finance, or Engineering or equivalent work experience.
• At least 3 years of relevant working experience.
• Experience working in controlling or similar role, preferably within the retail sector.
• Experience preparing and presenting financial reporting to Senior Management and other stakeholders.
• Good understanding of accounting principles and support systems.
• Advanced skill level in Excel, PowerPoint, Power BI, MS Teams, SharePoint.
• Strong analytical skills and the ability to structure data.
• Strong communication and presentation skills, in order to transfer knowledge and insights to the team.
• Good understanding of the needs and ways of working for all functions within Expansion and the Sales organization.
• Ability to work strategically and maintain a multibrand and multichannel perspective.
• Ability to reach set goals and targets for the function.
• Enjoys