BALENCIAGA (Kering Group) Accountant R2R - Dubai
Job opening summary:
- Job Family Group Description - Finance: Gathers jobs supporting the business through financial services, such as business planning and performance analysis, risk management, tax and administration.
- Job Family Description - Accounting and Consolidation: Oversees the maintenance of our company’s general ledger and related accounting practices, including payables, receivables, inventories, fixed assets and payrolls.
- Sub-Job Family Description - Accounting/Administration: Supports our business by performing professional accounting work involving the compilation, consolidation and analysis of financial data.
Mission:
To execute the functions as it relates to the financial reporting and transactional accounting of the Brand’s Joint Ventures in the context of Group Shared Services Centre. To apply principles of accounting to finalise the financial data and complete the closing procedures / transactions to enable the Brand’s finance department complete the reporting pack. To accomplish tasks with accuracy and completeness with a particular emphasis on customer service and to seek to add value for the Brand’s finance team.
Main assignments:
- Reconcile all GL Accounts (within Blackline) and ensure all account balances are adequately supported.
- Maintain (create, update, delete) and monitor the fixed assets system along with manual depreciation runs.
- Support in accurate and timely monthly and year-end close.
- Support for the operation of all accounting systems and records, including, but not limited to.
- Intercompany invoices and reconciliation, expenditures, inventory, assets, payroll, cut off, payments, bank reconciliation.
- Monitor compliance with international accounting principles (IFRS), company procedures, and local regulations.
- Analyse transactional processes and recommend areas where additional accuracies and efficiencies can be achieved.
- Assist the work of Tax coordinator to ensure compliance with relevant authorities.
- Liaison with external/internal auditors and ensure smooth completion of the assignment.
- Prepare work papers and supporting schedules required by the auditors.
Support in preparing the following reports on monthly basis:
- Profit or loss Statement.
- Balance sheet.
- Cash flow statement.
- Receivables Ageing report.
- Payables / Inter company reports.
Location: Dubai
Schedule: Full time
Job type: Regular
Parent Organisation: KERING MEA
About Us:
Cristóbal Balenciaga founded the House in 1917 in his home of Spain. In 1937, he established the brand in Paris, designing its collections there until 1968.Cristóbal Balenciaga had a reputation as a couturier of uncompromising standards and was referred to as "the master of us all" by Christian Dior and as “ The Couturier of the Couturiers” by Gabrielle Chanel. The ultra-modern shapes were trademarks of the house.
While the brand’s identity is firmly rooted in its highly conceptual prêt-à-porter collections, its leather goods, footwear, and accessories experience worldwide success as well. Among the archetypal products of the House are its handbag collections. A new focus on the development of Balenciaga ready-to-wear collections for men was quickly established as highly successful. Since October 2015, Demna Gvasalia has designed both men’s and women’s collections as the artistic director.
The Balenciaga House, part of the Kering Group since 2001, is one of the most influential names in fashion.
WHY WORK WITH US?
This is an exciting opportunity to join Balenciaga’s American Dream team as a Sales & Client Advisor with Keys who will drive the business and contribute to the brand philosophy. We invite you to become part of a team that offers possibilities to learn and grow. Balenciaga is committed to thriving your professional development within the House or in the Kering group. We empower leaders to create, build and sustain high performing teams that excel in execution. We guide every employee to reach their full potential in a stimulating and fulfilling workplace environment.
DIVERSITY COMMITMENT
Balenciaga is committed to fostering a diverse workforce. We believe that diversity in all its forms; race, colour, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, disability, protected veteran status, or other characteristics protected by applicable law, enriches the workplace and our client experience. As an Equal Opportunity Employer, we welcome all applications and select our talents based on competencies and in alignment with our brand behaviours. Setting people for success is what we live for and it.
Additional Requirements
- Work experience in account balances - reconciliations - assets
- Compliance with international accounting principles (IFRS)
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