- Leading the FC&R accounting departments with a focus on best practice, compliance, and learning to create an enabling environment that achieves the targets and goals of the function.
- Ensuring financial reports are accurate and compliant with Richemont policies and international accounting standards by maintaining oversight and responsibility of financial transactions.
- Assessing procedures, processes, and systems with an emphasis on efficiency and innovation to enable the KSA FC&R team to provide business orientated solutions to Maisons and Functions.
- Manage and oversee the FC&R accounting departments, working closely with and supporting department supervisors to set clear objectives, responsibilities and targets.
- Oversight recruitment, training & onboarding, performance management, and professional development of team members, with the goal to continually building and developing the capacity of the KSA FC&R accounting team. Confirm team member development plans and assess their performance by identifying learning and development opportunities which enables succession planning.
- Actively support and participate in the regional Community of Experts, working with other markets/entities to share knowledge, best practices and opportunities to improve the FC&R regional and local function.
- Establish a culture of trust, collaboration, compliance, and financial control with all internal and external stakeholders.
- Oversee and supervise month end closing processes with the General Ledger team. Including Group closing deadlines and checklists, complete supporting documents, reviews and sign off approvals in compliance with Richemont internal controls.
- Review and escalate balance sheet variances and risks, investigating root causes with the General Ledger team and ensure compliance with Richemont policies and procedures.
- Monitor debtor management and credit control with the Accounts Receivable and Credit Control team, support the team to meet collection targets, minimise overdue debts, and credit risks.
- Work closely with the Accounts Payable team to ensure the supplier invoice process is efficiently administered and compliant with local laws and regulations and Richemont procedures.
- Ensure entity liquidity levels are adequate, work with the Tax and Treasury team to generate cashflow forecasts, ensure bank accounts are reconciled and payments are processed efficiently.
- Support the management of and compliance to local and federal tax requirements and keep up to date on taxation developments in the region.
- Ensure that financial statements are accurate and in compliance with Richemont Group policies and procedures, and with IFRS standards and local regulatory requirements.
- Review and analyse the trial balance, Group reporting pack and provide explanations on movements and variances for follow up actions.
- Review and validate the monthly tax returns, ensuring compliance with local tax laws and submitted within the required deadline.
- Oversee the resolution of any technical reporting issues and concerns
- Ensuring general ledger accounts in use are up to date and in line with the Group Operational Chart of Accounts.
- Work across accounting departments to review and evaluate workflows, processes and systems to improve efficiency, timeliness and accuracy, with a focus on innovation and automation.
- Lead and participate in financial control and reporting projects and initiatives either within the function or across other functions.
- Act as a Subject Matter Expert for finance process areas and a point of contact to support harmonisation and knowledge sharing, team capacity, development, and the achievement of targets.
- Liaise with Group Finance departments and build relationships with key stakeholders to keep up to date with new initiatives, processes or changes and to promote the local finance function.
- Lead a culture of compliance ensuring policies, procedures and internal controls are implemented.
- Perform regular tests on controls as per ICS requirements and ensure that all required ICS reviews are completed in accordance with agreed timetables.
- Manage and oversee external and internal audits to ensure information is provided and deadlines are met. Implement recommendations (if any) during and after audits and take corrective action(s) when required.
- Maisons and Richemont Function teams and management
- Function teams in the MEIA region.
- Richemont Group Finance functions
- FC&R Accounting Departments Tax and Treasury ICS and Reporting Accounts Payable Accounts Receivable General Ledger
- Internal and external auditors
- Finance Graduate/Masters Degree, MBA or CPA preferred
- A minimum of 10 years' experience in accounting and finance in managerial positions, audit experience would be an advantage.
- Experience in the retail industry would be an advantage
- Strong accounting and reporting skills
- Extensive knowledge of accounting department processes
- Knowledge of computerised accounting system – especially SAP
- In depth knowledge of International Accounting Standards / IFRS
- Strong knowledge in KSA VAT
- Proficient in Microsoft tools, including MS Teams, SharePoint
- Strong management and leadership skills
- Effective communication skills, able to build relationships across functional and commercial teams.
- Presentation skills
- Capability to work under pressure and with multiple stakeholders
- Ability to work in a fast-paced and changing environment
- Excellent analytical and problem-solving skills
- High attention to detail and accuracy
- Proactive with strong time-management and organizational skills
- Compliance mind-set
- High degree of credibility and integrity with confidential information
- Experience in project management methodology or will to develop it
- Ability to lead on projects.
Reporting and Accounting Manager - Riyadh, المملكة العربية السعودية - Richemont
وصف
KEY RESPONSIBILITIESJOB DESCRIPTION
Reporting and Accounting Manager
Geographical Area Under Responsibility/Brand/Function
Financial Controlling and Reporting (FC&R)
Reporting To
Finance Director – KSA
Regional Head of Financial Controlling & Reporting
Location
Riyadh, Saudi Arabia
Primary Duties
The Reporting and Accounting Manager is a key leadership and management position in the KSA FC&R team. Reporting to the finance Director KSA and functionally to the Regional Head of FC&R. the position leads the KSA FC&R departments to ensure regular operations and reporting requirements are efficiently administered and compliant with Richemont's finance policies, procedures, and international accounting standards. Key to the position is oversight and management of risk, including financial, legal and regulatory requirements. The position will have strong focus on continuous improvement, and establish a culture of trust, cooperation, compliance, and financial control with all internal and external stakeholders.
The primary duties of the position include:
Key Responsibilities
Leadership and Management
Accounting
Reporting
Financial Excellence and Process Improvement
Compliance, Internal Controls and Audit
Key Stakeholders
Key Requirements
Education
Experience
Technical skills / abilities
Personal skills / qualities
Work Environment & Culture
Richemont is offering you a great opportunity to work in a reputable and professional leading Company in the Luxury Industry.
Become a part of a Creative, Ambitious & Diverse team, and take your decisive step towards your career development within our organization.
Richemont is a Switzerland-based luxury goods holding company founded in by South African businessman Johann Rupert. It is a family-spirited Group, enabling its Maisons and businesses to grow while staying true to their heritage and owns several of the world's leading companies in the field of luxury goods, with particular strengths in jewelry, luxury watches and writing instruments.
At Richemont, 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.
Quite simply, at Richemont you have the potential to be much more than your job title