The Global Consolidation team is in charge of producing the monthly/quarterly/yearly consolidated financial statements and the forecasts (Budget, Revised 1, Revised 2, and Strategic Plan) under IFRS for Sephora Global and LVMH.
In this process, the Head of Global Consolidation is in charge of:
> Managing the consolidation and reporting tool (SyRUS).
The integrity of the tool is managed by LVMH but Sephora is in charge of its specific chart of accounts and appendixes. The head of consolidation manages the relationship with SyRUS IT team and raises the evolution requests needed on the tool in collaboration with the Sephora Controlling teams.
> Organizing the review of the local affiliates' financial statements.
The Head of Consolidation is responsible for the accuracy of the financial statements available in the reporting tool. He/she is in charge of communication of the local financial statements to LVMH.
> Ensuring the regular update and implementation of Sephora accounting principles in all entities, and the accurate enforcement of IFRS. The Head of Consolidation is in charge of providing the accounting documentation needed to build the IFRS financial statements to all Sephora Finance Teams.
Head of Consolidation is responsible for the analysis of the Balance Sheet and indirect cash:
> On Indirect cash, review and analyse quarterly actual financial statements in close collaboration with the business and the Global Treasury team. Contributes to communication towards Top Management and the shareholder thru a transparent and relevant information.
> For Budget, supervise financial modelling or scenario analyses upon request. Lead quantitative and qualitative analytical work to provide business insights on key business issues in close collaboration with the business and the Global Treasury team.
The Head of Global Consolidation controls the bridge between statutory and consolidated financial statements:
> In relationship with SAP Finance Support team
> By collecting and reviewing statutory audit reports
> By reviewing Net equity and dividends available: the Head of Consolidation prepares the annual meeting held at LVMH.
> By communicating with central senior auditors and coordinating the statutory work
Head of consolidation team manages a team of 2 Analysts.
- Management school/University Master. Accounting diploma is a plus
- Minimum 6/8 years international consolidation/audit experience
- Experience in retail or e-commerce business operations is a plus
- English fluent
- Deep analysis and synthesis skills.
- Strategic and forward thinking
- Good communicator (oral and written)
- High sense of anticipation and self-organization (forecasts processes)