Richemont General Ledger Accountant

Riyadh • Saudi Arabia

Tuesday, June 3, 2025

Richemont is a preeminent luxury goods holding company, renowned for its portfolio of illustrious Maisons specializing in jewelry, watches, and writing instruments. Established in 1988 by Johann Rupert, Richemont is distinguished by its family-oriented culture that nurtures business growth while respecting each Maison's unique heritage. The company is committed to unlocking potential and embracing the diversity of arts, cultures, and human skills.

1. Accurately and promptly record financial transactions in accordance with standard operating procedures.
2. Prepare monthly reconciliations for transitory accounts, corporate cards, and procurement cards.
3. Reconcile bank accounts to ensure data accuracy and integrity.
4. Post and reconcile intercompany transactions.
5. Process period-end adjustments, including accruals and currency conversions.
6. Maintain organized financial records and provide clarifications to FP&A and Finance operations.
7. Review payment runs and ensure the application of ICS controls.
8. Manage local entity cash forecasting and optimize cash for working capital needs.
9. Oversee credit card issuance and usage.
10. Maintain banking relationships and address related queries.
11. Review, calculate, and submit VAT and WHT filings.
12. Handle government Sadad payments and reconcile balances.
13. Provide operational tax support to Maisons, ensuring compliance with local laws and regulations.
14. Manage tourist refund-related issues and liaise with tax authorities and advisors.
15. Adhere to Richemont's accounting policies, procedures, and international accounting standards.
16. Ensure compliance with local laws and regulatory requirements, including ZATCA, SAMA, and MOC.
17. Maintain and apply ICS controls consistently.

1. Bachelor’s degree in Accounting (preferred).
2. Minimum of 5 years of experience in accounting and finance.
3. Experience in the retail industry is advantageous.

1. Credit management experience.
2. Knowledge of accounting department processes.
3. Proficiency in SAP and Microsoft 365 tools, including MS Teams and SharePoint.
4. Strong knowledge of KSA VAT.
5. Effective communication and relationship-building skills.
6. Presentation skills.
7. Ability to work under pressure and manage multiple stakeholders.
8. Excellent analytical and problem-solving skills.
9. High attention to detail and accuracy.
10. Proactive with strong time-management and organizational skills.
11. Compliance mindset with high integrity and confidentiality.
12. Ability to lead projects.

A minimum of 5 years in accounting and finance, with experience in the retail industry being advantageous.

Bachelor’s degree in Accounting (preferred).

Be part of a reputable and professional leading company in the luxury industry, work in a creative, ambitious, and diverse team, and take a decisive step towards career development within the organization.

Richemont fosters a family-spirited environment that values heritage and encourages the exploration of untapped potential. The company prides itself on its creative, ambitious, and diverse team, offering a supportive atmosphere for professional growth.