Head of Accounting at Richemont

MAIN PURPOSE

• The Head of Accounting reports directly to the Head of Finance and is responsible for the full accounting and financial reporting function, as well as management of the accounting team.
• Finance team size: 6 team members, with 3 reporting directly to the head of accounting.

KEY RESPONSIBILITIES:

(But not limited to)

• Reporting directly to the Head of Finance
• Monthly preparation & submission of financial reporting pack to the Group Accounting team in Switzerland
• Accuracy and correctness of income statement and balance sheet, + review of all supporting recons and controls
• Day to day management of finance staff and review of their work (3 direct reports)
• Training/Mentoring finance staff
• Monthly presentations to regional accounting management (MEIA region)
• Being a key point of contact & business partner to the Brands and other Richemont departments
• Review and sign-off of all creditor recons and payments, ensuring business compliance with procurement policy
• Monthly inventory review, reconciliation and controls monitoring
• Monitoring of internal controls & compliance
• Calculation of income tax; ensuring income tax submissions/provisional tax are done correctly and on time
• Calculation of VAT and VAT submission
• Overseeing stock counts and training other finance and logistics staff on the process
• Managing the external audit process and been accountable for any audit issues identified
• Preparation of Annual Financial Statements
• Assisting HOF with budget preparation
• Project management and implementation of system and process improvements
• Developing and maintaining external relationships with appropriate contacts e.g., auditors, bankers, business support partners and SARS
• Producing ad hoc accurate financial reports to specific deadlines
• Keeping abreast of changes in financial regulations and legislation
• Corporate & social responsibility reporting

DIMENSION:

• Geographical area under responsibility: South Africa
• Company Scope: 10 Brands, 3 Retail boutiques, and Richemont Departments

KEY COMPETENCIES:

• Entreprenueral and resourceful
• Solid interpersonal skills
• Ability to communicate effectively at all levels
• Excellent verbal and written communication skills
• High degree of autonomy and motivation
• Agile and able to deal with high pressure
• Intergrity and strong work ethic
• Positive attitude, curiosity and resilient
• Team player

ACADEMIC BACKGROUND & REQUIRED EXPERIENCE:

• CA (SA) qualification
• At least 1 year post articles experience
• Expertise in IFRS & GAAP
• FMCG experience advantageous
• MS Packages – Advanced proficiency (including Excel)
• SAP Experience advantageous"