Finance Operations Controller

4 days ago

Riyadh, Saudi Arabia Richemont Full time

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**

The 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**
- Establish Finance Operations as a true business partner for the Brands in your scope:

- Be the key contact of the Brands for all matters related to compliance and control over daily operations in the Boutiques and the wholesale operations
- Assess the level of Boutiques on processes and procedures awareness, and establish together with Brands recurrent training plans to increase the quality of retail operations
- Spread system and process knowledge on retail flows constantly by being a first level of local support to the Brands and their boutiques
- Contribute to 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
- Be the point of 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
- Internal Control
- Perform 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
- Provide daily support over
- Retail business flows
- Wholesale flows
- Respect of Brand commercial policies
- Coordinate control over inventory completeness and valuation
- Perform yearly stock-takes
- Perform bi-annual consignment and gift tracker confirmations
- Follow up brand cycle-counts
- Be the control owner of ICS revenue Cycle process (draw up and follow up on action plans).
- Perform ICS testing for one cycle
- Promote control awareness among Finance and Retail staff, and contribute to regional efforts towards a continuous improvement of processes, procedures and systems
- Projects
- Be the point of contact for 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 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 3 years’ experience in a similar field
- Auditing background with strong 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
- Arabic Speaking preferred

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