Credit Controller

2 weeks ago

Jeddah, Makkah Province, Saudi Arabia Chalhoub Group Full time

INSPIRE | EXHILARATE | DELIGHT
For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East.

The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories.

More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.

Every step at Chalhoub Group is taken with the customer at heart.

Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.


Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work.


To keep the innovation journey going, the Group has set up "The Greenhouse", which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally.

This is just one of the several initiatives taken by the Group to reinvent itself, catalysed by forward thinking and future-proofing.

The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women's Empowerment Principles.


What you'll be doing
Credit Controller or Financial Controller - Luxury Tech Division - Chalhoub Group

As the Financial Controller, you will play a vital role in managing and overseeing the financial operations of our Brands under Luxury Technology Division.

You will work closely with heads of departments, suppliers, partners to drive financial performance and ensure compliance with regulations.

This is an excellent opportunity for a proactive and detail-oriented professional to make a significant impact on our division's financial success.


Responsibilities:

Monthly expenses review of Legal Entity trial balances.

Coordinating with related accounting teams to identify expenses and GL codes.

Processing & following up all supplier payments with finance team.

Maintaining and tracking all claims & credit notes from supplier

Maintaining SOA of supplier(s).

Sales reporting.

Pricing.

Reconciliation against invoice payments.

Manual invoicing via Pluto.

Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition.

Coordinate and direct the preparation of the budget and financial forecasts and report variance.

Prepare and publish monthly financial statements in timely Manner.

Perform Monthly, quarterly, and year-end closing in accordance with Audit.

Ensure quality control over financial transactions.

Develop and document business processes and accounting policies to maintain and strengthen internal controls.

Controls and plans of all audit requirements within set deadlines.

Consolidating financial data.

Cash flow management.

Review all financial plans and budgets regularly to look for cost reduction.

Managing the audit process and liaising with external Auditors.

Support the centralized finance processing operation, driving efficiently through the process for improvement.

What you'll need to succeed
- _Bachelor's degree in finance, accounting, or a related field. Holder or participant in CA (Chartered Accountants) or CPA is highly desirable._
- _5+ years of experience of proven experience as a Financial Controller or similar role, within the Retail & Distribution industry (must)_
- _Strong knowledge of accounting principles, financial reporting standards, and regulatory requirements._
- _Proficiency in financial analysis, budgeting, and forecasting._
- _Advanced Excel skills and experience with financial management software._
- _Exceptional communication and interpersonal skills, with the ability to interact effectively at all levels of the organization and with external partners._
- _Auditing experience_
- _Compliance oriented_
- _Proficiency in accounting software_
- _The results-driven mindset with a focus on continuous improvement._
- _Proactive, detail-oriented, and able to work under pressure in a fast-paced environment._
- _Must be currently based in KSA (Riyadh Preferably)_

What we can offer you
With us, you will turn your aspirations into reality.

We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility.

Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring,

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