Main Purpose

• Based in Dubai, the Regional Finance Operations Manager will oversee the Finance Operations activities for the MEIAT Region, reporting to the Regional

CFO.

• The individual will act as a key member of the Regional Finance Team and a primary business partner to the Brands and Functions and shall provide

assurance that compliance with policies, procedures and controls in retail and e-commerce finance operations and other related business processes, are in

accordance with Group Policies and Procedures.

• In particular, the individual will ensure adequate design of retail and e-commerce business processes and monitor effectiveness of the underlying controls.

He/she will acquire a thorough understanding of our business and, where deficiencies are identified, partner with process owners to customize and

implement viable remediation plans.

• From time to time, this function will also support special projects or reviews as assigned/ requested by Management.

Key Responsibilities

1. Retail Policies & Procedures (P&P)

• Responsible of the creation, updates, and implementation of Retail P&P for all Brands across the Region.

• Define the annual training calendar on P&P and administer such trainings to retail and office staff on periodical basis.

• Be the point of reference and give advice to retail management on interpretation and application of P&P

• Liaise with related Group Functions and Brand HQs on P&P updates, compliance, and control measures.

• Maintain the retail and e-commerce compliance and controls over daily operations in shops and online trading platforms for all Brands.

• Design and test retail and e-commerce business flows (cut-offs, consignments, credit sales, special sales, etc.\xe2\x80\xa6).

• Provide guidance and ensure proper updates of the Shops\' Operations Manual as per Group and Brand commercial policies.

2. Commercial Finance Operations

• Key business partner with the payment service providers (PSP) across the Region while ensuring optimal service levels, wide acceptance portfolio of

payment channels, and competitive pricing for retail and e-commerce transactions.

• Negotiate, implement, and renew PSP agreements for all markets.

• Finance lead on business development projects: new, relocate, renovate, close, and internalize shops as per the Brands\' plans in both existing and new

markets.

• Development and continuous improvement on key retail business processes that contribute to elevating the client\'s experience such as invoice

digitalization, process re-design, network changes, digital and innovative solutions for best-in-class service levels

• Plan, manage and ensure compliance and proper monitoring of the Brands\' Commercial Events.

3. Controls and Compliance

• .Enforce the Anti-Money Laundering (AML) requirements and regulations as per local government, international and Richemont Group\'s rules.

• Daily monitoring of retail sales transactions (daily collections and deposits, reconciliations, refunds)

• Periodical control of retail discounts, gratuities, consignments, deposits as per the Brands\' commercial policies.

• Responsible of the planning, monitoring, and reporting on the shops\' stock cycle counts across the Region with direct escalation line to the CFO on non

compliance and stock discrepancies.

• In close cooperation with the accounting team, coordinate the controls over the Brands\' inventory of valuables, spare parts, and others (yearly stock-takes,

cycle counts, consignments\' monitoring, reception, and transfer of stocks from the shops).

• Coordinate and assist in the annual audit plan\'s execution of the network\'s shops in close cooperation with the Internal Controls department.

• Promptly communicate identified deficiencies to management. Provide value added and pragmatic recommendations to address control weaknesses and

process inefficiencies

4. Performance Management

• Provide retail business analysis to the Brands on metrics relating to performance and compliance

• Ad hoc analysis as required

5. Training and Development

• Ensure that Brand/ Function new joiners are adequately orientated to the Finance Operations function.

• Keep abreast with Group/ Regional Policies and Procedures and extend feedback to Group, Regional and other market Finance Operations members/

Internal Audit teams on retail control related issues.

Qualifications

1. Required Experience:

• Degree in Business with emphasis on Finance, Accounting, or similar course.

• Relevant working experience in retail controls, policies, procedures, and loss prevention, within an international company.

• Good understanding of retail risk management, Finance & Accounting practices, and fraud concepts.

• Ability to carry out reviews and compliance testing to ensure that procedures are operating effectively with appropriate controls.

• Ability to understand complex processes, document, and embed controls within processes

2. Technical Requirements:

• Advanced presentation techniques, comprehensive report writing skills and fluent in written and spoken English.

• Strong experience or knowledge of finance-related systems, SAP experience will be advantageous

• Demonstrated computer skills and proficiency in Microsoft Office (highly proficient in Excel preferred)

• Experience in a retail business would be advantageous

3. Competences

• At ease with stakeholder management and management of a large team

• Able to work independently, self-initiated, highly organized.

• Mature and self-motivated, demonstrating a positive and proactive attitude.

• Ability to multitask, manage deadlines, highly agile and able to deal with ambiguity.

• Results oriented, acts decisively and is an active team player.

• Strong customer focus (internal and external) with excellent interpersonal and communication skills and confident in dealing with different management

levels

• Unquestioned personal integrity with strong ethics and values consistent with company culture

• Strong analytical capability with a logical approach to identifying and evaluating issues and problem solving

• Ability to stand firm on difficult issues when required.

Work environment & Culture

Richemont is offering you a great opportunity to work in a reputable and professional leading Company in the Luxury Industry.

Become a part of a Creative, Ambitious & Diverse team, and take your decisive step towards your career development within our organization.

Richemont is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. It is a family-spirited Group, enabling its Maisons and businesses to grow while staying true to their heritage and owns several of the world\'s leading companies in the field of luxury goods, with particular strengths in jewelry, luxury watches and writing instruments.

At Richemont, our true power does not lie in our similarities but in the rich diversity of our arts, cultures, and human skills, as well as our specific ability to foster untapped potential.

Quite simply, at Richemont you have the potential to be much more than your job title!

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