Head of Accounting - Richemont
Job Details
MAIN PURPOSE
Ensure the timely submission of monthly management reporting to RLG (MEIA) and that the general ledger, sub-ledgers, and other financial records and schedules are accurately maintained. Develop procedures and accurate implementation of the recording, classifying, and summarizing of daily financial transactions.
KEY RESPONSIBILITIES
- Reporting to Head of Finance
- Full financial reporting function for RLG Africa. Ensuring high accuracy of accounting records.
- Managing the company's financial accounting, monitoring and reporting systems
- Managing Finance Department staff - direct reports
- Being a key point of contact for the business for all internal finance/accounting queries, and to maintain a strong working relationship with the Brands. (HQ & Local)
- Ensuring the finance team provides excellent service to the business
- Completing and submitting the Income Tax returns, Provisional Tax & VAT returns
- Assisting the HOF with all SARS related queries/reviews/audits on tax, customs & transfer pricing
- Review and sign off all payments
- Ensuring timely payment of all suppliers
- Ensuring timely collection of debtors
- Managing the year-end audit process and preparing AFS
- Monthly reconciliation of sales/stock management system to SAP
- Full review and management of internal controls around staff credit cards and expense claims
- Reviewing and approving all accounting journals, and accounting reconciliations.
- Supervising and managing the stock count process
- Ensuring all controls are followed on a monthly basis for key control areas and compliant with group internal audit standards
- Producing accurate financial reports to specific deadlines;
- Assisting with budgets; and input on business decisions
- Keeping abreast of changes in financial regulations and legislation e.g. IFRS 16
- Developing and maintaining external relationships with appropriate contacts e.g. auditors, bankers, business support partners and SARS
- Approval of new suppliers and customers
DIMENSION:
- Geographical area under responsibility: South Africa
- Company Scope: Richemont Services and 10 Brands, 5 Boutiques
- Headcount supervised: 3
Key Competencies
- Good knowledge of monthly reporting tasks
- Strong analytical skills to analyse operational aspects of finance and business
- Computer skills - extensive knowledge of MS Office products (especially Excel) and proficient using SAP
- Good communication skills and fluent in English - oral and written
- High degree of autonomy and motivation
- Capable of dealing with demanding deadlines
- Ethics, rigour and organisational skills
- Very good interpersonal skills
- Positive attitude, curiosity and a taste for challenges
Education:
CA(SA), Accounting Honours Degree or equivalent, in Finance & Accounting (completed 3 Articles will be advantageous).
Required experience:
Fluency in both written and spoken English;
External and/or Internal Audit experience would be a plus;
Experience in month end reporting processes would be advantageous;
Experience in a retail business would be advantageous;
Good knowledge of IFRS and tax regulations;
A reasonable understanding of IT systems and SAP will be useful;
3 - 5 years of experience, preferable with a multinational company
The successful candidate must also have the following personal qualities:
- Excellent Team & People Management skills.
- Strong Analytical and Decision Making skills.
- Ability to work well under pressure.
- Ability to put across his/her views in a respectful and professional manner.
- Work well in group problem-solving situations.
- Exhibit objectivity and openness to other views.
- Understand the business implications of decisions.
- Display orientation to profitability.
- Be able to operate within (and check compliance with) Company policies and procedures.
- Ability to support organizational goals and values
Company
With some +35,000 colleagues worldwide, the Group comprises 18 Maisons and two online distributors. We apply our avant-garde mindset, artistic vision and craftsmanship to watch-making, jewellery, writing instruments and high-end fashion and accessories. Each Maison and e-commerce platform functions as an international business with a family feel and is led by an entrepreneurial spirit and respect for tradition, making the Group a game changer in the high luxury industry. Innovation is at our core. Our history is marked by the achievements of our people. They push the limits and turn the ordinary into the extraordinary. By encouraging innovation across our business and making it a priority, we deliver the ultimate high luxury experience. They participate in groundbreaking ventures like the YNAP/Alibaba startup and our own research and development hub Micro city. Focused on the horizon, the Group maintains its position as an established industry leader.
- Location
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Geneva
CH
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