Position
THE CONTEXT ________
LVMH’s Beauty activities benefit from exceptional dynamism that relies on both the longevity and development of key lines and on the boldness of new creations.
The brands cultivate what makes them unique and is guaranteed to make them stand out for their devotees in a highly competitive global market. The success of the beauty division depends on finding the right balance between major historic Houses such as Parfums Christian Dior, Parfums Givenchy, and Guerlain, and strong potential brands like Benefit Cosmetics and Make Up For Ever.
All are driven by the same values: a quest for excellence, creativity, innovation, and perfect mastery of their image. LVMH Beauty Middle East & Africa manages 8 different brands including Parfums Christian Dior, Make Up for Ever, Givenchy, Kenzo, Loewe, Acqua Di Parma, Guerlain and Benefit Cosmetics.
LVMH Beauty Middle East & Africa oversees an area of 52 countries and 53 airports in the Middle East, Europe, Africa, and India with subsidiaries and agents’ structures.
YOUR MISSION ____________
The Internal Controller will be welcomed among the Internal Control team for LVMH Beauty Middle East & Africa and will report to the Internal Controlling Manager.
The Internal Controller will participate in below internal control activities :
Retail Operations
Assist in supporting brands to develop and implement a SOP for boutiques and e-commerce that is compliant with Internal Controls Standards and LVMH Retail guidelines Build a comprehensive retail operation audit checklist Perform regular retail operation audits across the region as per the audit plan: Identify control weaknesses and propose corrective actions after considering operational needs and constraints; Summarize the findings in a clear and concise report with all the supporting elements. Follow-up on the concrete implementation of the action plans resulting from the audits performed Perform trainings for store and head office staff on internal control policies and procedures Build regular control / exception reports including: KPIs on inventory discrepancies / cash discrepanciesReports to detect suspicious transactions Build a checklist of key internal control points for new boutique openings Distributor Operations
Assist in evaluating the level of compliance of Distributors across the region with LVMH guidelines including the below processes: General environment Ethics & CompliancePrice structureLogistics & Supply Chain Credit ManagementHR (, compliance with local labour laws) Assist in formulating clear action plans to mitigate the risks highlighted during the evaluation phase Routine Internal Control Activities
Perform the internal control routine checks (example: weekly review of the changes in the vendor master data) Conduct third-party due diligences when required Conduct audits on various topics but in priority to support the LVMH annual self-assessment campaign Support the local stakeholders in the implementation of the recommendations raised in the latest HQ Internal Audit report and provide a clear picture of the progress and status
Profile
PROFILE ____________
Minimum 5 years of relevant experience in a multinational organization Bachelor or master’s degree in Accounting / Finance / Internal Audit Professional qualification is a plus: CFE, CIA Solid knowledge in the areas of internal audit, internal control, process improvement as well as good understanding of information systems Fluent in English and Arabic is mandatory; French can be an advantage Experience in the Middle East is a plus Willing to travel across the region to perform audits and other reviews as mentioned in the above section “Your Mission” Ethical, independent and self-driven Meticulous, detail-oriented, and well-organized, capable to handle multiple priorities and multi-tasking while respecting deadlines