Head of Finance

2 weeks ago

Stockholm, Stockholm, Sweden TN Sweden Full time

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Head of Finance & Controlling, Business Tech, Stockholm

Client: H&M

Location: Stockholm, Sweden

Job Category: Other

EU work permit required: Yes

Job Reference: 9da60e2d2d7b

Job Views: 3

Posted: 02.04.2025

Expiry Date: 17.05.2025

Job Description:

Company Description

H&M Group is a global company of strong fashion brands and ventures. Our goal is to prove that there is no compromise between exceptional design, affordable prices, and sustainable solutions. We want to liberate fashion for the many, and our customers are at the heart of every decision we make. We are made up of thousands of passionate and talented colleagues united by our shared culture and values. Together, we want to use our power, our scale, and our knowledge to push the fashion industry towards a more inclusive and sustainable future.

Job Description

As Head of Finance & Controlling, for Business Tech, H&M you will drive financing strategies, budgeting, financial reporting, and outcome tracking for Business Tech. You will identify cost-effective financing options to support the Business Tech Strategy & Roadmap, manage and track budgets, and report on CapEx and OpEx spend. This includes consolidating inputs, developing a feasible financial plan, and implementing funding, cost allocation, and financial tracking processes. In this role, you will lead and develop a team of controllers and analysts, fostering a culture of collaboration, transparency, safety, and trust. With full ownership and accountability, you will focus on value creation, growth, and serving customers while delivering exceptional business and customer results.

As part of the leadership team, you will play a key role in delivering on the overall agenda for the Business tech function, supporting the key shifts in H&M's long-term plan.

Your main responsibilities include but are not limited to:

  • Be responsible for the overall Budget & Financial Strategy – Accountable for delivering and consolidating Business Tech budgets, ensuring alignment with the BT Strategy & Roadmap.
  • Implement and operate financial governance processes, budget allocation frameworks, and capitalization strategies to promote transparency and compliance.
  • CapEx & OpEx Management – Track, manage, and report actual vs. planned spend, ensuring financial discipline across Business Tech.
  • Develop automated tracking dashboards, define minimum standards for data collection, and implement OKR-based performance measurement.
  • Guide financial decision-making, balancing short- and long-term business needs while collaborating with internal and external stakeholders.
  • Lead and develop your unit and team with colleagues and managers within controlling and analytics, fostering financial excellence and benchmarking against industry standards.
  • Be an active member of the leadership team in Business Tech organization driving both your own unit as well as the totality for the function.

Qualifications

We are looking for an experienced, strategic, and dynamic leader with a proven track record in leading a finance function within a high-level business environment. You excel in clearly communicating strategic and financial plans to both technical and business audiences. With a strong problem-solving mindset, you have the ability to frame complex business issues, design effective solutions, and deliver impactful results.

As a true team player, you are skilled at building strong relationships with stakeholders and fostering an engaging, collaborative work environment. You have a natural continuous learning mindset, with the drive to acquire new skills and lead improvements.

We also see that you have:

  • A University degree, preferably in Business, Engineering, Economics/Finance, or similar knowledge from experience.
  • Strong leadership skills with the ability to lead cross-functional teams as well as proven experience in leading through change, creating high-performing teams, and challenging the status quo.
  • Experience in Agile or product-based organizations, with a focus on outcome-driven steering, funding, cost allocation, and execution tracking.
  • The ability to set clear goals, drive outcomes, and optimize processes to achieve both short-term and long-term success.
  • Strong business-technology alignment, with an understanding of H&M Group's complexity and the role of technology in driving business success.

The right candidate has experience in the Retail & e-commerce business and understands the key drivers of tech transformation costs. The ability to articulate complex ideas clearly and collaborate across teams will be key to success in this role. Strong communication skills in English, both spoken and written, are therefore essential for effectively engaging with stakeholders across various levels.

Additional information

Are you ready to lead and make a meaningful impact? Please upload your CV in English as soon as possible, but no later than March 29th, 2025. Kindly note that, due to GDPR regulations, we can only accept applications submitted through our career page.

This is a full-time, permanent position, based at Head Office in Stockholm, Sweden. You will report to Ellen Svanström, Chief Digital Information Officer.

If you have questions about the role, please contact Massimiliano Sacco, Head of People at H&M, Business Tech.

We look forward to receiving your application

Inclusion & Diversity

At H&M Group, we're determined to create and maintain inclusive, diverse and equitable workplaces throughout our organization. Our teams should consist of a variety of people that share and combine their knowledge, experience and ideas. Having a diverse workforce leads to a positive impact on how we address challenges, on what we perceive possible and on how we choose to relate to our colleagues and customers all over the world. Hence all diversity dimensions are taken into consideration in our recruitment process. We strive to have a fair and equal process and therefore kindly ask you not to attach a cover letter in your application as they often contain information that easily can trigger unintentional biases.

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