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
-To ensure the day-to-day General Ledger accounting tasks
-To Handle bank payables transactions
-To participate efficiently in monthly closing process
KEY RESPONSIBILITIES
General Ledger & Tax
- Input and ensure the accuracy of the general ledger bookings and accounts analysis movement.
- IFRS16 lease contracts accounting treatment from A to Z.
- Bank relationship including corporate credit cards and any other contracts
- Weekly payment of Suppliers due invoices using SAP payments tools and any other bank payment channels
- Boutiques petty cash reconciliation and booking
- Monthly bank reconciliation including resolution of any differences in a timely manner
- VAT return preparation in coordination with AR & AP department and follow up until payment.
- WHT monthly return filling
Monthly closing
- Monthly accruals and prepayment booking and clearing
- Cash report preparation and submission to group treasury in accordance with company policy
- Balance Sheet accounts follow up and clearing
- Profit & Loss accounts checking and reconciliation with budget
- Inter Company reconciliation and reporting
- Monthly reconciliation of supplier accounts
- Stock reconciliation between SAP and retail monthly reports from Boutiques
- Fixed assets monthly tasks including run of SAP capitalization and depreciation
Audit & Annual tax filling
- Assist internal and external auditors to perform their audits in very high level
- Coordinate with Accounting Manager to provide all required documentations and explanation to Auditors or Tax Authorities
- Participate actively in any internal or external accounting or tax verification
- Assist the Accounting Manager in the annual Zakat & Income tax filling
Education and Experience
- Bachelor’s degree in accounting or equivalent
- Excellent knowledge and Experience of general accounting procedures
- SAP system is a must
- Excellent excel level is mandatory
- proficient in data entry and management
- 3-5 years General accounting experience.
Key Skills and Competencies
- Organizing and prioritizing
- Attention to detail and accuracy
- Communication & Time management skills
- Problem analysis and problem-solving skills
- Ability to meet deadlines
- Previous experience in Retail company is highly valued
- Fluent English is Mandatory; Arabic and French languages are a plus.
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