This job has two main objectives:
To handle efficiently general accounting tasks on a daily basis for 2 companies acting in Retail and Wholesale; this objective requires good accounting technical skills, great rigor, and organization.
To handle reporting of financial statements of the same companies on a monthly basis This objective requires good understanding of budget and fashion accounting & reporting rules, working papers organization skills and as well as autonomy and proactivity in meeting the Maisons deadlines.
Posting of all entries (P&L, Balance sheet) into AX Microsoft Dynamics Review Trial Balance & maintain work papers to support balances in the balance sheet on a monthly basis with comments, action plans to discuss for approval with the Controller.
Review of Fixed Assets to ensure group procedures are followed, and depreciation is performed timely
Cash (all entities): monitor daily cash; record cash receipts; prepare monthly bank reconciliations, including follow-up of reconciling items, in a timely manner; manage unclaimed property items (procedure to implement)
Manage all inter-company accounts and perform inter-company reconciliations
Monthly accounting close :posting journal entries, accruals review, inventory / margin reconciliation in support of the Financial Analysts
Financial planning : Monthly reporting: input in LVMH Financial reporting system (Syrus) and perform consistency checks accordingly
Quarterly closings: analysis of balance sheet variations and cash flow impacts.
Participate in the budget and budget update process with Financial analysts.
Assist in monthly reporting of sales and use tax
Assess levels of internal controls on self-related processes
Escalate concerns to Controller and CFO, and propose alternative processes.
Assist Controller as needed on tax issues.
Bachelor's Degree in Accounting required ; good knowledge of accounting GAAPs expected
3-5 years of experience, preferably in retail corporations or auditing firms
Proficiency with Microsoft Excel
Knowledge of AX Dynamics is a plus
Consistent quality work
Self organization and planning, defining priorities and targeting deadlines
Paperwork organizational skills
Solution oriented, showing initiative and proactivity
Excellent verbal and written communication skills
Integrity and trust