Specialist, Business Controller(Support Functions)

Main purpose of the role:

As a team member in the Business Controlling function, the role involves actively contributing to financial planning and analysis, supporting budgeting and forecasting processes, and assisting in the preparation of both operation KPIs and financial reports. The focus includes participation in value creation activities for cost control and process improvement initiatives, starting from supporting information to identify improvement opportunities, providing business justification and business case to support investment, and ensuring compliance with established procedures. Collaboration and communication skill are key, as team members engage with stakeholders and contribute to a positive and cooperative team environment.

We love that you will...

1.Strategic Finance Business Partnering:

• Collaborate with business units to understand their operations and contribute to financial discussions.
• Provide support within defined parameters to offer financial insights and recommendations for decision making, including CAPEX investment, change in operating process, etc.

2.Financial Planning, Budgeting, and Forecasting:

• Assist in maintaining established financial models, template, and process for budgeting, forecasting, and planning.
• Support the budgeting and forecasting processes in collaboration with business units.
• Assist in analyzing financial performance to generate insights to support business initiatives and planning assumption.
• Ensure accurate and timely input to align with corporate objectives.

3.Performance Monitoring:

• Assist in monitoring key performance indicators (KPIs) and financial metrics, including detail tracking of the actual result vs target.
• Follow established procedures for cost control strategies, within defined guidelines to identify trends, risks, and opportunities for discussion with the team.
• Support the benchmarking analysis to identify the performance gap and improvement opportunity.

4.Financial Reporting and communication:

• Contribute to the preparation of financial reports for management and business leaders.
• Assist in providing explanations for variances in financial results.
• Ensure the accuracy of accounting transaction under responsible cost center; focusing on standard cost, production variance, and fixed asset.

5.Process Optimization:

• Identify opportunities for process improvements in financial function.
• Participate in the implementation of established best practices to enhance efficiency.

6.Product cost:

• Assist in monitoring costing and operational BOM and route.

7.Compliance and Risk Management:

• Follow established procedures to ensure compliance with financial regulations and company policies.
• Contribute to basic efforts in identifying and addressing financial risks.

8.Leadership and Team Development:

• Identify skill and training needs, and continuously seek for opportunities for skill development and career advancement.

9.Specific area of responsibility – Specialist / Supervisor for Production Support Cost Center:

• For P&L, responsible for financial planning, controlling, reporting and analysis of COGS i.e. standard cost, production variance, and non-unit driven cost under Production Support cost center i.e. I&PD, C&SQ, SC&S and consolidated picture of C&S.
• For Balance Sheet, responsible for financial planning, controlling, reporting and analysis of CAPEX under production and production support function and Inventory balance under Production Support cost center i.e. I&PD, C&SQ, SC&S and consolidated picture of C&S.
• Responsible for monitoring and analysis of overall Cost KPIs and Inventory KPIs under Production Support cost center i.e. I&PD, C&SQ, SC&S as a key KPI that highly impact financial planning assumption.

10.Suggested KPI’s (to be refined):

• Overall Factory KPIs of C&S.
  % deviation between budget and actuals for the functions responsible (excl. volume impact)
  Adherence to timeline for budgeting and forecasting inputs from each cost center
  Business partnering satisfaction score.

We love that you are...

1. Bachelor’s degree/Master’s degree with relevant professional certification (e.g., CPA, CMA) preferred Business administration, Financial and management accounting, or related filed
2. 3+ year experience in business controlling/costing area in manufacturing business
3. Auditing and/or Consulting background will be an advantage
4. Detail-oriented and result-oriented with a commitment to accuracy.
5. Proactive and collaborative team player.
6. Analytic and problem-solving skill to identify root cause for simple business problem.
7. Adaptability to a dynamic work environment and fast learner.
8. Is self-motivated and hungry enough to work hard; willing to change.
9. Curiosity and continuous improvement mindset.
10. Strong communication skills; interact effectively with the organization.
11. Good English communication and self-confident

About Pandora

Pandora is the world's largest jewellery brand, specialising in the design, crafting and marketing of accessible luxury jewellery made from high-quality materials. Each piece is created to inspire self-expression, allowing people to share their stories and passions through meaningful jewellery. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 37,000 people worldwide and crafts its jewellery using only recycled silver and gold. Pandora is committed to leadership in sustainability and has set out to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 31.7 billion (EUR 4.2 billion) in 2024.

About Pandora Production Thailand

Pandora started crafting its jewellery in Thailand in 1989, where our founders fell in love with the delicate craftsmanship of the Thai people. To date, there are two crafting facilities in Thailand, Bangkok, and Lamphun, and we employ more than 13,000 skilled craftspeople. By the end of 2024, there are 113 million pieces sold globally, all of which were hand-finished here in Thailand by our skilled craftspeople using high-quality raw materials and sustainable methods.