Junior Finance Operations Controller

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Richemont Full time

JOB DESCRIPTION

JOB TITLE Junior Finance Operations Controller

REPORTING TO Finance Operations Manager

LOCATION Richemont office, Riyadh, KSA

MAIN PURPOSE
The Junior Finance Operations Controller in Richemont KSA is part of the Richemont Finance Department, supporting the Richemont Brands in their internal operations, in a fast-growing environment.

KEY RESPONSIBILITIES

1. Establish Finance Operations as a supportive business partner for the Brands in your scope:
Assist the finance controllers and Brands for all matters related to compliance and control over daily operations in the Boutiques and the wholesale operations Working with the finance controllers, support the assessment of the level of Boutiques on processes and procedures awareness, and establish together with Brands recurrent training plans to increase the quality of retail operations Help spread system and process knowledge on retail flows constantly by being a first level of local support to the Brands and their boutiques Assist in the development and improvement of the Boutique Audit methodology, and ensures its correct execution in KSA Contribute to new boutique openings by providing necessary documents, policies & procedures and tools prior to the opening Assist the controllers to ensure finance operation controllers are the go to contact on behalf of Richemont for the Brands regarding any boutique closure and/or major event support. Manages submission of boutique annual sales report to respective mall management, if applicable Data extraction and analysis to equip finance controllers with the necessary information to conduct operational visits, control testing and training in areas requiring better compliance and control Act as the point of contact between controllers in the field and functions and Maison's at office level.

2. Internal Control

Assist in the performance of Internal Control review of internal boutiques for the brands in your scope + Process and compliance audit
+ Follow up on action plans, and provide support
+ Perform surprise audit
Help provide daily support over + Retail business flows
+ Wholesale flows
+ Respect of Brand commercial policies
Help coordinate control over inventory completeness and valuation + Perform yearly stock-takes
+ Perform bi-annual consignment and gift tracker confirmations
+ Follow up brand cycle-counts
Assist in the control of ICS revenue Cycle process (help draw up and follow up on action plans between boutiques and finance operations department). Assist in the execution of Performing ICS testing for one cycle Assisnt in the promotion of control awareness among Finance and Retail staff, and contribute to regional efforts towards a continuous improvement of processes, procedures and systems

3. Projects

Assist the finance controllers on all Finance projects including but not limited to: + Internalisations and new boutiques
+ E-commerce and remote sales
+ Gemini preparation
+ New brand entries
+ New wholesale business
+ Internal Audi co-ordination
+ Process improvements
Master Data Management + Be the acting local point of contact for MDM
+ Keep up to date record of all wholesale contracts
Reporting lines Report to Finance Operations Manager Work closely with Finance Operations Controllers, Retail Accounting and Business Control teams Liaise with local Brands teams (office and boutiques) on daily operational matters and on process improvements

TARGET PROFILE

Education

Bachelor's degree or equivalent in Finance / Business

Experience

Minimum 1 year of experience in a similar field Experience in Auditing with emphasis emphasis on internal control Retail experience is a plus

Technical skills / abilities

Strong analytical skills, process oriented; able to analyse, dissect and optimize business processes Strong MS Excel skills Prior experience with SAP or similar ERP/accounting system Project management skills is a plus

Competencies

Customer focus Keen to learn and be curious Team player Excellent communication skills (written and verbal) Able to work well under pressure in a complex & fast-changing multicultural environment * Detail oriented, good in prioritization, thorough and quick
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