The Role
Supports accounts payable and finance administration by maintaining vendor records, reviewing and recording invoices, preparing payments, reconciling bank and vendor statements, researching discrepancies, and maintaining accurate financial documentation. The intern also assists with financial reconciliations and other finance projects while ensuring compliance with accounting procedures and deadlines.
Summary Generated by Built In
ABOUT THE BRAND
At Karl Lagerfeld, we are driven by Karl’s mantra: “Embrace the present and invent the future.”
Always contemporary and forward-looking, the House of KARL LAGERFELD shares the creative vision and design aesthetic of its iconic founder, Karl Lagerfeld.
We are the only fashion house that carries Karl’s name on its door and we strive to live up to this responsibility in everything we do, every day, with the utmost joy and passion.
Our headquarters in Paris and in Amsterdam are home to a highly diverse and driven team of KARL family members that hail from over 35 countries. Together, we aim to create meaningful stories and product concepts that connect to Karl’s world and iconic attributes.
Women’s & Men's ready-to-wear, bags, small leather goods, swimwear and underwear are managed directly from our Amsterdam headquarters, while other categories, including footwear, fragrances, eyewear and more, are developed with best-in-class licensing partners.
We connect with our consumers on multiple levels, ensuring that our online and offline approach goes hand in hand. We thrive to maximize consumer engagement via more than 200 KL stores worldwide, our premium wholesale partners, and our strong digital footprint, spearheaded by our karllagerfeld.com flagship store, which reaches 96 countries. Our digital channels currently represent more than 30% of our overall full-price business.
We are a dynamic, fast-growing and inclusive company built on professionalism and strong values. At KARL LAGERFELD we’re committed to working toward the highest standards of sustainability and integrity across all areas of our business. In 2019, KARL LAGERFELD joined as a founding member of the Fashion Pact, a global sustainability initiative seeking to transform the fashion industry through objectives in three areas: climate, biodiversity and ocean protection.
The Role
The Finance Intern supports in providing relevant, reliable, and timely financial information to Management and other stakeholders so that they can make informed decisions and meet compliance requirements
Key Responsibilities:
- Assist in performing accounting and administrative duties related to the efficient maintenance and processing of accounts payable transactions, including payments:
- Create and maintain the vendor's master files thoroughly and accurately, by the company’s policy and generally accepted accounting practices
- Review all invoices for appropriate characteristics and documentation before recording them in the system
- Record all approved invoices as directed and/or as specified by the procedures/policies of the company
- Review all invoices for appropriate characteristics, documentation, and required authorization before payment
- Keep track of all approved invoices in order to ensure that they are paid within the specified period
- Prepare payments of duly approved invoices and any other duly payments that have to be made by the company
- Record the bank transactions related to payments and ensure a daily accurate reconciliation between the bank system and the accounting system
- To reconcile vendors' statements, research, and correct discrepancies
- Organize and maintain up-to-date financial records and ensure that all transactions are backed up by adequate underlying documentation
- Prepare and review reconciliations timely, accurately, and in compliance with company guidelines and other applicable accounting standards
- Assist with other projects/tasks as needed
Profile:
- Good skills in financial accounting: debit/credit, balance sheet, Income statement, month close, reporting;
- Good knowledge of VAT
- Good understanding of processes and procedures;
- Organizing and prioritizing
- Attention to detail and accuracy
- Solid communication skills
- Problem analysis and problem-solving skills
- Professional integrity and confidentiality
- Ability to meet deadlines
- Outcome-oriented: the result of the task + relationship with stakeholders;
- Ability to communicate with internal/ external stakeholders;
Start date: ASAP / Available for 6 months / Full-Time
Please note that we can only consider your application if you are enrolled for the full duration of your internship at your school or university. Also, due to Dutch legislation, you have to be in possession of EU nationality or study in the Netherlands.
Why #TEAMKARL? (HQ)
· Opportunity to make an impact
· Working in the heart of Amsterdam
· And exclusive sample sales only for #TEAMKARL
JOIN #TEAMKARL
The collective vision of KARL LAGERFELD is to be the most connected global designer brand, inspiring consumers through luxury collections and immersing them in the World of KARL. If you are interested in joining #TEAMKARL, we invite you to submit your application today.
At #TEAMKARL, everyone has the freedom to give their opinion, grow in their career and be part of a genuinely caring and inclusive team. We welcome people from all backgrounds, with different perspectives, ideas and experiences to work with us.
IMPORTANT NOTICE REGARDING JOB POSTINGS
Please be advised that all legitimate job opportunities at KARL LAGERFELD are published exclusively on our official careers page and on selected partner platforms that redirect directly to our career site.
We strongly recommend applicants to only apply through our verified channels and remain vigilant against unofficial job offers.
KARL LAGERFELD will never request any form of payment during the recruitment process.
If you come across suspicious job postings or receive unexpected communication about a position, please contact us immediately at [email protected]
Skills Required
- Enrolled at a school or university for the full duration of the six-month internship
- EU nationality or enrollment in a study program in the Netherlands
- Knowledge of financial accounting, including debit and credit, balance sheets, income statements, month-end close, and reporting
- Knowledge of VAT
- Understanding of processes and procedures
- Organizational and prioritization skills
- Attention to detail and accuracy
- Communication and stakeholder management skills
- Problem analysis and problem-solving skills
- Professional integrity and confidentiality
- Ability to meet deadlines
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The Company
What We Do
The KARL LAGERFELD house balances Parisian heritage and contemporary innovation, celebrating the iconic vision and design aesthetic of its founder, Karl Lagerfeld. Its portfolio includes ready-to-wear, bags, accessories, watches, eyewear, footwear, perfumes, candles, and fashion jewelry.
