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Reference Code:  66962

Finance Director

Richemont

Miguel Hidalgo, MEX, MX

Permanent
  

Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.

FINANCE DIRECTOR

 

 

MAIN PURPOSE

In line with Richemont Group, regional and local strategy and objectives, the Finance Director leads and develops the finance function in Mexico jointly with the local GM & CFO, while managing all aspects of finance operations, key financial projects and initiatives.

He/she supervises Accounting, Tax and FP&A teams and works closely and effectively with local, regional and Group stakeholders at the Richemont and Brand levels.

The position reports directly to the local GM & CFO of Richemont Mexico and with functional reporting to the CFO of Richemont Americas.

The Finance Director is a registered Director of the legal entity and, therefore, the duties and obligations of a director are expected to be fulfilled with the highest degree of personal and corporate responsibility, as well as ethical values in line with the Group’s Code of Conduct.

He/she/they oversees the entire Richemont Finance Function in Mexico to ensure a smooth operation flow in accordance with our policies and procedures and with good financial controls in place and high levels of collaboration and teamwork. He/she/they also acts, with support of the GM & CFO, as one of the two key Management representatives to liaise with Financial-related external parties including government authorities, etc.

 

 

KEY RESPONSIBILITIES

 

Group, statutory and tax reporting

  • Responsible for statutory and Group accounts, managing, improving and documenting processes to ensure timely and accurate reporting in compliance with Group (IFRS) and local rules.
  • Together with Group Tax department and external consultants, coordinate and follow-up all local tax matters (direct and indirect) and international tax agreements that might be applicable.
  • In coordination with Group Treasury, manage the relationship and partnership with local Banks and ensure mid and long-term visibility to anticipate cash situation and financing needs.

 

Business support

  • Act as a strategic partner to the business for both Brands and Richemont functions while providing professional and proactive expertise and support on all financial matters.
  • Ensure permanent and consistent business follow up for Richemont Functions, analyze financial performance, prepare short and medium-term business plans together with GM & CFO, management and teams, drive operational improvements and standardization.
  • Build a strong and permanent communication flow with local stakeholders, regional and Group teams to ensure visibility on Mexican operations.
  • According to business growth, build over time a strong local planning / controlling team to support local Brand Manager(s) and Function managers.

 

Finance Operations

  • Ensure effective and efficient finance operations by building and managing a highly structured and process-driven accounting function.
  • Leveraging technology and digital tools, drive consistently accounting process optimization and improvement, also in alignment with regional and Group processes.

 

Team management

  • Assess, manage and develop the Finance team members through an effective performance management process, including clear definition of roles and responsibilities, expectations and objectives.
  • Define and actively manage succession and individual development plans while ensuring permanent alignment of resources with business needs.
  • Ensure business continuity.
  • Inspire, animate and coach the team, strongly promote cross-functional activities and communication.

                     

Support Functions supervision.

  • Real estate: ensure company compliance under lease terms, smooth coordination of lease agreements and sign-off; develop business relationship with key operators in Mexico.
  • Legal: work closely with GM & CFO and Regional and Group legal team and/or external counsel on escalated legal issues, represent the Company to deal with Consumer Claims / Tribunals.

 

Adhoc Strategic project participation

  • Be a supportive and strong Finance sponsor on any key projects launches, including and presenting the financial impacts and implications.

 

                     

Regional integration and reporting

  • Develop a strong collaboration and animation, with the support of the local GM & CFO, with the Regional Finance Community based in Shelton and in New York.
  • Implement proper communication and reporting protocols to ensure alignment and synergies in order to gain efficiencies on any financial reporting matter.
  • Participate to Regional Finance projects.

 

 

 

QUALIFICATIONS & EXPERIENCE

  • Degree in Finance or similar, CPA or comparable qualification
  • Minimum of 12 / 15 years of functional financial experience, of which +/- 3 years in a similar management position with an international company.
  • Good knowledge of International Accounting Standards experience/exposure to Mexico accounting and direct/indirect tax regulations, and internal controls
  • Experience in FP&A and controlling in a multi-stakeholder environment, ideally in retail business

 

SKILLS

  • Developed organisational skills, familiar with finance-related systems and project management
  • Knowledge of and ability to leverage technology and digital tools to support and drive continuous improvement
  • Advanced team leadership and interpersonal skills to deal with all levels of people
  • Excellent communication, developed presentation skills, fluent written and spoken English. Spanish is a strong advantage.

 

 

KEY CHALLENGES

  • Handling highly matrixed organization with stakeholders from all levels, functional units and geographies
  • Develop and maintain high performance teams in a dynamic and complex environment

LEARN MORE ABOUT LIFE AT RICHEMONT AND OUR MAISONS BELOW