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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