LVMH Perfumes & Cosmetics Consolidation, Credit, and Market Analysis Intern
LVMH Perfumes & Cosmetics, a prestigious division of the LVMH Group, is renowned for its unparalleled expertise in the luxury goods sector. As a leader in the industry, the brand is committed to cultivating talent and fostering innovation within a dynamic and inclusive environment. With a portfolio of esteemed brands, LVMH Perfumes & Cosmetics offers a unique platform for career growth and professional development.
- Collaborate in unblocking orders held due to risk across all brands.
- Perform monthly reconciliation of credit limits set per client, considering Coface and SAP.
- Prepare monthly and weekly reports for the brands.
- Prepare quarterly AR peaks forecasts for each brand.
- Analyze customer risks and explore potential negotiations to reduce assumed risks.
- Prepare calculations for bad debt provisions.
- Monitor debts and coverage risks of subsidiaries, sending communications to the respective subsidiary contacts.
- Participate in the preparation and follow-up of bank reconciliations.
- Assist in the preparation and tracking of Banco de España statistics.
- Collaborate in reviewing, analyzing, and submitting consolidation packages for all ERBs included in the SSC as per the group’s established schedule.
- Participate in coordinating with subsidiaries to finalize packages according to the schedule established for the consolidation of the Perfumes Loewe BU.
- Prepare cash flow forecasts for all companies in coordination with the department and analyze discrepancies against actuals.
- Develop a comprehensive system to analyze the grey market, focusing on sell-in vs. sell-out data.
- Gather and analyze sell-in vs. sell-out data from various sources.
- Identify trends, patterns, and discrepancies in the grey market.
- Develop a user-friendly dashboard and reporting system using Power BI or similar tools.
- Provide actionable insights and recommendations to mitigate grey market risks.
- Ensure data accuracy and integrity in all analyses and reports.
- Degree in Economics or Business Administration.
- Fluent in English and/or French.
- Proactivity
- Results-oriented
- Global vision
- Priority setting
- Business acumen
- Integrity and trust
- Proficiency in Microsoft Office XP tools and Lotus Notes
Minimum of 2 years of experience in Customer, Risk, or Consolidation Departments.
Degree in Economics or Business Administration.
Opportunity to work in a leading luxury goods company with a dynamic and inclusive environment, offering professional growth and development.
LVMH Perfumes & Cosmetics fosters a culture of innovation, inclusivity, and excellence. The company values proactive and results-oriented individuals who are eager to contribute to the success of the brand while developing their professional skills in a supportive environment.
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