Richemont owns some of the world's leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons' values, through a process of continuous creativity.
MAIN PURPOSE:
This position will report to the Finance Director of Malaysia. This role will directly manage wholesale & the retail finance team with one direct report. You will be fully responsible for the completeness and correctness of financial accounting, reporting, internal control, and audit matters in relation to wholesale & retail operation of all brands and working in close partnership with the other Finance Departments and ICS team to drive together overall boutique operation governance.
HOW WILL YOU MAKE AN IMPACT?
Wholesale Finance Operations Support:
• Update wholesales collections on timely basis ensuring billing documents are posted in SAP
• Prepare reminder letters for overdue balances in AR and send out monthly statements to wholesale customers
• Prepare monthly AR Aging Report for Management and Maison review including credit limit review of wholesales customers
• Prepare non-trade credit note to business partner and Richemont subsidiaries
• Reconciliation balances in sub-ledger to general ledger balances
• Managing and keep records of Dealer Distribution Agreement
• Finance specialist for Master Data Governance in reviewing new creation, modification and deletion of customer master data in accordance to Richemont policies and procedures
• Key users for AR Wholesales activities on process improvements / projects
Retail Finance Operations Support:
• Lead and supervise the team to perform and monitor Finance operations in relation to retail and e-commerce businesses.
• Perform AR month-end account closing/Financial reporting, including sales settlement and customer refund
• Liaise with external partners such as external auditor, credit card companies for disputes matters and landlords on boutique activities
• Develop and maintain a control framework to monitor the retail and e-commerce Finance operations in ensuring the achievement of KPI/SLA for Brands and Finance Department
• Review monthly or quarterly reporting to Brands and ensure the reports are delivered on an accurate and timely basis.
• Evaluate existing process flows, identify opportunities/risks and implement corrective action to ensure the corporate governance best practices
Boutique Review/Control & Compliance in Finance aspect:
• Perform boutique operational review and compliance training
• Work closely with the Brands, Compliance and other RRF teams to tighten the retail operation controls
• Communicate with Brand Retail Management and monitor implementation of improvement plans
• Coordinate with Compliance team to address/resolve control process related issues
• Ensure Anti-Money Laundering compliance and requirements are well respected
Team Development:
• Ensure proper team structure to support retail and e-commerce finance operations
• Develop team to have more operations control/audit senses without compromising customer-centric
HOW WILL YOU EXPERIENCE SUCCESS WITH US?
University graduate, preferably with major in Business / Accounting / Finance or professional qualifications (ACCA) equivalent.
Minimum 5 years relevant working experience in Finance or Accounting with at least 2-3 years in the areas of financial auditing or internal auditing. Knowledge in retail industry would be an advantage.
Good understanding of International / Local Accounting, Auditing Standards and corporate governance
Strong management skill to attract, retain and develop a team
Strong business acumen and attentive to operational issues
Proficiency in verbal and written English
Familiarity in SAP FI
Excellent interpersonal and communication skills
Confident and tactful in dealing with different levels of management
High learning capability with proactive, open mindset, innovative, organized and meticulous talent with "can do" attitude
WHAT MAKES OUR GROUP DIFFERENT?
Our true power does not lie in our similarities but in the rich diversity of our arts, cultures, and human skills, as well as our specific ability to foster untapped potential.
- We value freedom, collegiality, loyalty, and solidarity.
- We foster empathy, curiosity, courage, humility, and integrity.
- We care for the world we live in.
YOUR JOURNEY WITH US
Send your application online! If your profile matches our search, you will be contacted by our HR team for an interview. Along the recruitment process you will meet with the Talent Acquisition team and Hiring Manager.
Otherwise, you will receive an email to inform you that your application has not been successful.#J-18808-Ljbffr