Richemont General Ledger Accountant

Riyadh • Saudi Arabia

Thursday, July 10, 2025

Richemont, a distinguished Switzerland-based luxury goods holding company, is renowned for its prestigious Maisons in jewelry, watches, and writing instruments. Established in 1988 by Johann Rupert, Richemont is a family-spirited conglomerate that values heritage and nurtures potential. As an employer, Richemont offers a dynamic environment where employees can transcend their job titles and advance their careers within the luxury industry.

1. Adhere to Richemont's accounting policies, processes, and standard operating procedures.
2. Ensure compliance with local laws and regulatory requirements, including ZATCA, SAMA, and MOC.
3. Accurately and promptly book accounting entries in line with accounting standards.
4. Provide precise monthly reconciliations for transitory accounts, corporate cards, and procurement cards.
5. Reconcile bank accounts to ensure data accuracy.
6. Maintain and apply Internal Control System (ICS) controls.
7. Post and reconcile intercompany transactions.
8. Review and reconcile goods in transit.
9. Process period-end adjustments, such as accruals and currency conversions.
10. Maintain organized records and conduct analysis.
11. Clarify financial performance and accounting requirements to FP&A and Finance operations.
12. Manage communications with stakeholders, including boutiques, internal/external audits, and ZATCA.
13. Review payment runs and ensure application of ICS controls.
14. Respond to Accounts Payable inquiries.
15. Support local entity cash forecasting.
16. Optimize and manage cash for working capital needs.
17. Manage and control credit card issuance and usage.
18. Maintain banking relationships and address queries.
19. Review, calculate, and submit tax filings, including VAT and WHT.
20. Handle government Sadad payments and reconcile balances.
21. Deliver operational tax support to Maisons.
22. Manage tourist refund-related issues.
23. Provide tax advice to the business and liaise with tax authorities and advisors.

1. Bachelor’s degree in Accounting is highly preferable.
2. 0-1 years of experience in accounting and finance.
3. Internship experience in the retail industry is advantageous.
4. Knowledge of accounting department processes.

1. Proficiency in Microsoft 365 tools, including MS Teams and SharePoint.
2. Effective communication and relationship-building skills.
3. Presentation skills.
4. Ability to work under pressure with multiple stakeholders.
5. Adaptability to a fast-paced and changing environment.
6. High attention to detail and accuracy.
7. Proactive with strong time-management and organizational skills.
8. Compliance mindset.
9. High degree of credibility and integrity.

0-1 years of experience in accounting and finance, with an internship in the retail industry considered advantageous.

Bachelor’s degree in Accounting is highly preferable.

Richemont provides a supportive environment for career development within a reputable and professional leading company in the luxury industry.

Richemont fosters a diverse and inclusive workplace culture, valuing heritage and encouraging career growth within the luxury sector. The company supports a collaborative and dynamic work environment.