We need an Accounting & Reporting Manager,
Position
Accounting & Reporting Manager
Profile
At Sephora, beauty is about feeling seen, valued, and empowered, individually and collectively. It is connecting deeply with others, celebrating diversity and inclusivity, unlocking your potential and making a difference every day. Together, we belong to something beautiful.
Since its inception in 1969 in Limoges, France, and as part of the LVMH Group since 1997, Sephora has been disrupting the prestige beauty retail industry. Today, Sephora continues to break with convention to drive its mission: champion a world of inspiration and inclusion where everyone can celebrate their beauty.
With 56,000 employees in 35 countries, we c onnect customers and beauty brands within the world’s most passionate beauty community . With a curation of nearly 500 brands, and our own label, Sephora Collection, we offer the most unique and diverse range of products: fragrances, makeup, hair care, skincare... and much more.
Reporting to: Finance Director
Location: Dubai, United Arab Emirates.
Position Purpose:
Manage a team of 6 accountants to handle various finance, accounting and tax matters, including schedules review, month-end closing, process improvements and collection reconciliation process locally. Work closely with the financial planning & control teams for closing and variance analysis and with the Accounting shared service center based in Indonesia. Support Finance Director and together with the rest of the team on process documentation and enhancements, including but not limited to those related to finance systems.
You will excel and enjoy this position if you are ready to actively handle the following missions:
Leadership & Management:
- Lead, manage, and mentor a team of 6 accounting professionals including cash reconciliation process managed locally, fostering a collaborative and high-performing environment.
- Provide guidance, training, and development opportunities to team members to enhance their skills and knowledge.
- Set clear performance expectations, monitor progress, and provide regular feedback to team members.
Accounting & Controlling:
- Oversee back-office teams in Indonesia, ensuring precise financial processing, seamless interdepartmental coordination, and ongoing enhancement of support functions.
- Ensure timely and accurate month-end and period-end financial closings in compliance with accounting standards, coordinating closely with the controlling department.
- Maintain a strong internal control environment, ensuring compliance with LVMH policies and procedures.
- Contribute to budgeting and monthly forecasting of landlord charges, providing accurate cost projections, variance analysis, and accounting inputs to support the controlling team.
Audit and Compliance:
- Liaise with external auditors to facilitate the smooth audit closure of all entities on a timely basis.
- Facilitate and provide required information to tax advisors for tax filings, transfer pricing documentations and support in the customs and tax inspections from government authorities.
- Support the global tax team with ad hoc projects and initiatives on tax topics in the region.
Collection Reconciliation Overview:
- Oversee the Collection reconciliation team, ensuring accurate and timely variance reporting between recorded sales and actual collections.
- Monitor the performance and implement process enhancements to improve reconciliation accuracy and operational efficiency.
- Oversee the team in ensuring internal control compliance and provide guidance on store training initiatives, ensuring they are effectively led and implemented by the team to address existing deficiencies.
Process Improvement & Special Projects:
- Drive continuous improvement across accounting and reconciliation processes, identifying opportunities to optimize workflows and controls.
- Participate in special projects as assigned by the CFO. Collaborate with the Financial and Planning, Treasury, leasing and other finance leaders to support the overall financial strategy of the organization.
Do not hesitate to apply if you have:
- Master’ degree in Finance or Business administration or accounting qualifications.
- Expert knowledge of SAP and IFRS knowledge is mandatory.
- Advanced Excel is mandatory.
- 5+ years as Finance Leader in multinational and large-scale companies; a previous experience in retail industry is preferred.
- Proven experience as a successful team leader.
- Excellent interpersonal and organizational skills with ability to influence at various organizational levels.
- Dynamic profile, agile & proactive, problem solver, team player. Fluent in English
Here, you will find:
- Community, in which authenticity is embraced, and the strength of our differences fuels our collective spirit
- Culture of empowerment, learning & growth, that offers you the tools, space and opportunity to learn, innovate and lead
- Work that brings fulfillment. From delighting clients every day, to inspiring our industry at large, every action makes a difference
Join us and belong to something beautiful
SEPHORA
MAISON
The House provides a superior selection of quality products and always keeps pace with the latest trends.
The house is built upon the exceptional talents of its beauty professionals who create a perfect environment for adventurous clients who want to experiment and learn.
With the innovative range of products in the Sephora Collection, its distinctive stores and bold commitment to new ideas, the House is always able to surprise and delight its clients.
At every touch point with its clients, in store and online, Sephora provides an unconventional approach which has made it the most loved beauty community in the world.
DETAILS TO REGISTER FOR THIS JOB:
NOTE: Apply to this job with an ATS-friendly CV!
NOTE: Apply to this job with an ATS-friendly CV!
https://www.lvmh.com/join-us/our-job-offers/274555?sType=Indeed
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