Head of Accounting at Richemont

Main Purpose

• Ensure the timely submission of monthly management reporting to RLG (MEIA) and that the general ledger, sub-ledgers, and other financial records and schedules are accurately maintained. Develop procedures and accurate implementation of the recording, classifying, and summarizing of daily financial transactions.

Key Responsibilities

• Reporting to Head of Finance
• Full financial reporting function for RLG Africa. Ensuring high accuracy of accounting records.
• Managing the company's financial accounting, monitoring and reporting systems
• Managing Finance Department staff – direct reports
• Being a key point of contact for the business for all internal finance/accounting queries, and to maintain a strong working relationship with the Brands. (HQ & Local)
• Ensuring the finance team provides excellent service to the business
• Completing and submitting the Income Tax returns, Provisional Tax & VAT returns
• Assisting the HOF with all SARS related queries/reviews/audits on tax, customs & transfer pricing
• Review and sign off all payments
• Ensuring timely payment of all suppliers
• Ensuring timely collection of debtors
• Managing the year-end audit process and preparing AFS
• Monthly reconciliation of sales/stock management system to SAP
• Full review and management of internal controls around staff credit cards and expense claims
• Reviewing and approving all accounting journals, and accounting reconciliations.
• Supervising and managing the stock count process
• Ensuring all controls are followed on a monthly basis for key control areas and compliant with group internal audit standards
• Producing accurate financial reports to specific deadlines;
• Assisting with budgets; and input on business decisions
• Keeping abreast of changes in financial regulations and legislation e.g. IFRS 16
• Developing and maintaining external relationships with appropriate contacts e.g. auditors, bankers, business support partners and SARS
• Approval of new suppliers and customers 

Dimension:

• Geographical area under responsibility: South Africa
• Company Scope: Richemont Services and 10 Brands, 5 Boutiques
• Headcount supervised: 3

Key Competencies

• Good knowledge of monthly reporting tasks
• Strong analytical skills to analyse operational aspects of finance and business
• Computer skills – extensive knowledge of MS Office products (especially Excel) and proficient using SAP
• Good communication skills and fluent in English – oral and written
• High degree of autonomy and motivation
• Capable of dealing with demanding deadlines
• Ethics, rigour and organisational skills
• Very good interpersonal skills
• Positive attitude, curiosity and a taste for challenges 

Education:

• CA(SA), Accounting Honours Degree or equivalent, in Finance & Accounting (completed 3 Articles will be advantageous).

Required experience:

• Fluency in both written and spoken English;
• External and/or Internal Audit experience would be a plus;
• Experience in month end reporting processes would be advantageous;
• Experience in a retail business would be advantageous;
• Good knowledge of IFRS and tax regulations;
• A reasonable understanding of IT systems and SAP will be useful;
• 3 - 5 years of experience, preferable with a multinational company

The successful candidate must also have the following personal qualities:

• Excellent Team & People Management skills.
• Strong Analytical and Decision Making skills.
• Ability to work well under pressure.
• Ability to put across his/her views in a respectful and professional manner.
• Work well in group problem-solving situations.
• Exhibit objectivity and openness to other views.
• Understand the business implications of decisions.
• Display orientation to profitability.
• Be able to operate within (and check compliance with) Company policies and procedures.
• Ability to support organizational goals and values