Business Controller, Cartier

3 days ago

Dubai, United Arab Emirates Richemont Full time

Reference Code: 61143

**Business Controller, Cartier**:
Richemont

Dubai, DU, AE

Permanent

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

**KEY RESPONSIBILITIES**

Under the supervision of the Cartier FP&A Manager, the main responsibilities of the Cartier Business Controller are:
**Business partner**
- Works closely with the Brand teams in order to provide clarity on all financial matters and therefore facilitate appropriate decision making
- Contributes to the development of a financial / internal control culture within the Brand

**Monthly Closing and Reporting**:

- Works efficiently with the accounting team, ensuring that all relevant accounting entries are booked properly, in line with IFRS and Group standards
- Calculates accruals compliant with standard accounting rules (IFRS/Group) and liaises with accounting so that all required entries are booked in a timely manner
- Prepares and analyses gross margin and discount levels and reports any deviation with Brands targets
- Reviews inventories, the relevant provision, and coordinates with the Brand so that any potential issue is timely addressed
- Delivers timely and accurate monthly reports to the brands
- A&P monitoring, scorecards, management reporting/ BTQ reporting, ad hoc analysis, Balance sheet review
- Alerts local Brand Management / FP&A Manager of any identified risk or deviation with validated budgets
- Follows up main Brands costs (communication, commission,)
- Ensures correct and timely completion of Group BTQ reporting

**Budgeting**:

- Assists FP&A Manager with brands’ budget processes including 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

**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
- Spreads best practices across the department
- Ensures updated and accurate VIM matrix (Approval Matrix)

**Interactions**:

- Liaises with other teams of the Finance Department (Accounting, Communication...), local Brands teams, other Richemont functions (IT, Logistics, HR, Customer Service), Brand HQ in Europe

**PROFILE**
- University master’s degree in finance / Business School. CPA/CMA is a plus
- 5-7 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
- Ability to interact with multiple and different stakeholders with an open mind-set
- Ability to lead projects
- Team player
- Hands-on
- Fluent in English
- SAP knowledge is a plus

Richemont #Revealtheexceptional

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