Regional Business Controller - Richemont

Dubai, United Arab Emirates
18 Nov 2020
21 Dec 2020


Following specific Brands within the Richemont portfolio, the Regional Business Controller is in charge of assisting these Brands with all financial matters related to their activity in the MEIA region, in line with Richemont Group accounting and reporting standards. He/she is therefore a key business partner of the Brands' teams, providing Regional Brand management with all financial information or analysis required to take relevant and appropriate decisions in order to grow their business in the MEIA region in a sustainable way.


Business partner
  • Works closely with Regional Brand Management in order to provide clarity on all financial matters and therefore facilitate appropriate decision making.
  • Acts as a key contact of Brand Headquarters to comment and explain financial performance of the Region.
  • Contributes to the development of a financial / internal control culture within the Brands.

  • Lead brands' budget processes including
  • Local controlling
    Timely preparation, analysis and submission of Budgets and Latest Estimates in the Group's financial reporting systems, in line with Brands and Group requirements and standards.
  • Regional controlling
    Ensuring timely and accurate delivery of local entities exercises including coordination of calendar, consolidation, analysis and presentation of regional Budgets and Latest Estimates to the Regional Management and Maison Headquarter

    Monthly Closing and Reporting
  • Local controlling
  • Working efficiently with the Accounting team, ensuring that all relevant accounting entries are booked properly, in line with IFRS and Group standards.
  • Deliver timely and accurate monthly reports to the brands (sales reports, detailed P&Ls, Capex, stock monitoring, scorecards, management reporting, ad hoc analysis)
    • Calculates accruals compliant with standard accounting rules (IFRS/Group), and liaises with Accounting so that all required entries are booked in a timely manner.
    • Analyses gross margin and discount levels, and reports any deviation with Brands targets.
    • Reviews inventories (including ageing and determination of relevant provisions) and coordinates with the Brand so that any potential issue is timely addressed.
    • Prepares and analyses Brand P&L (by Boutique/Department), balance sheet, cash flow and alerts local Brand Management / Headquarter of any identified risk or deviation with validated budgets.
    • Follows up main Brands costs (communication, selling costs, personnel costs...).
    • Elaborates and distributes Brands' scorecards (or any other relevant report).
    • Ensures correct and timely completion of Group Management reporting.
  • Regional controlling
  • Animate monthly call with entities controllers to analyse and control P&L and BS variances
  • Provide Regional Brand Directors with a consolidated view and analysis of the Business

    Internal Control & Process Improvement
  • Participates in the monitoring of Swiss SOX within the subsidiary.
  • Contributes to the formalization or continuous improvement of standard operating procedures and processes.
  • Contributes to the improvement of controlling processes and systems by identifying areas of improvement and leading initiatives and projects to address them locally and across the Region.
  • Spreads best practices across the Regional FP&A function, harmonising tools and working practices.
  • Puts forward relevant innovative ideas to further develop the understanding of Richemont's business in the region.

  • Liaises with other teams of the Finance Department (Accounting, Accounts Receivable, Retail Back-Office), local Brands teams, other Richemont functions (IT, Logistics, HR, Customer Service, Controllers of local entities, Brands HQs in Europe.

  • University Master Degree in Finance / Business School / Engineering School
  • 8-10 years of successful professional experience in Audit / Business Controlling
  • Strong finance technical skill and accuracy
  • High mental agility and ability to deal with complexity
  • Pro-activeness / Innovation ability
  • Communication skills
  • Ability to interact with multiple and different stakeholders with on open mind-set
  • High change agility in a fast pace market
  • Ability to lead projects
  • Team player
  • Hands-on
  • Fluent in English
  • SAP knowledge is a plus

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