RFBO Operations Analyst

Posted 12 Hours Ago
Be an Early Applicant
Shelton, CT, USA
In-Office
77K-84K Annually
Entry level
Fashion • Retail
The Role
Supports retail finance back-office operations by maintaining boutique accounts, performing financial controls, managing inventory movements and reconciliations, supporting boutique openings and closures, preparing internal control and tax exemption audit reports, and resolving transfer issues. The role also assists with physical inventories, year-end audit requests, finance projects, and training retail teams on compliance procedures. Travel to U.S. and international locations is required up to 35% annually.
Summary Generated by Built In

Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values ​​of our Houses, through a process of permanent creativity.

At Richemont Americas, we aspire to reflect the ever-changing world around us. We are proud to employ talent from many different backgrounds, experiences, and identities to build a continually evolving, inclusive community where the diversity of our colleagues and clients is rich and celebrated. We believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas.


Retail Finance Back Office Operations Analyst

Finance | Shelton, CT

Reports to: Supervisor, RFBO Operations


Role Overview

The Retail Finance Back Office (RFBO) Operations team is tasked to drive and ensure operational efficiencies and controls within the retail network. Actions include: Conduct boutique internal control reviews, red light and tax exemption transaction reporting, training, testing and communication of internal controls to the retail network.


Responsibilities

·        Provide day-to-day support, trouble-shooting to help maintain accurate up-to-date accounts of the boutiques.

·        Perform day-to-day controls, on end-of-day procedures, during monthly closings etc.

·        Manage the finance part of new boutique openings, internalizations and closing.

·        Engage in different finance projects and deliver strong support on project implementation and collaborating with other functions.

·        Issue monthly internal control reports to the boutiques and ensure the necessary follow up is consistantly met and delivered timely.

·        Resolve transfer issues beween boutiques and warehouses.

·        Assist with physical inventory including but not limited to preparing, providing support and reconciling.

·        Perform, monitor and understand all inventory movements to ensure all transactions are executed properly and accurately.

·        Perform Boutique Internal Control Reviews, confirming existence of physical inventory and assessing existence and functionality of various controls.

·        Analyze and prepare documentation for Tax Exemption Transaction Audits

·        Assist with annual physical inventory and year end requests with PWC (Price Waterhouse Coopers)

·        Provide training and education to the Brands retail teams and be a main contact person for the Maisons regarding boutique compliance related issues.


Qualifications

Education

·        Bachelor’s Degree

·        Finance/Accounting/Retail Experience

Personal Skills

·        Critical mind and being proactive.

·        Strong team player & communicator; Pleasant and flexible personality.

·        Mature, discipline, high degree of integrity and work ethics; self-motivated, independent.

Technical Skills/Abilities

·        Ability to coordinate projects and design procedures with conflicting priorities.

·        Communicate effectively with multiple stakeholders at all levels in Maisons.

·        Ability to travel up to 35% of the year to locations in the United States and International.

·        Knowledge of SAP, Inventory and prior work travel experience preferred.

·        Proficient in Microsoft Office, especially in Excel (pivot tables, v-look-ups, macros)

·        Handle a complicated matrix-based organization in a highly customer-centric environment.

·        Curious in nature and always looking to question, learn and look for better ways to improve processes.

·        Hands on attitude and team player with strong communication, interpersonal, project management and orginational skills


Richemont offers a generous compensation and benefits package for eligible employees. Only candidates selected for further consideration will be contacted.

We Offer – United States

Employee wellbeing is a top priority at Richemont. We offer a comprehensive benefits program to support employees and their loved ones. Our core benefits include medical, dental, and vision programs. Health savings and flexible spending accounts are also available. The company offers income protection solutions including life insurance, disability benefits, and 401(k) with employer match. Understanding the importance of work-life balance, our total rewards include paid time off, a wellness reimbursement benefit, and access to the employee assistance program. Employees are encouraged to make a difference in their local communities with volunteer days off, supporting initiatives that drive change.


At Richemont, We Craft the Future!


Expected Salary Range: $77,000 – 84,000

 

Salary will be determined based on relevant skills and experience.


#Richemont #WeCraftTheFuture

Skills Required

  • Bachelor's degree
  • Finance, accounting, or retail experience
  • Ability to coordinate projects and design procedures amid conflicting priorities
  • Ability to communicate effectively with multiple stakeholders at all levels
  • Ability to travel up to 35% of the year to U.S. and international locations
  • Knowledge of SAP
  • Inventory experience
  • Prior work travel experience
  • Proficiency in Microsoft Office, especially Excel, including pivot tables, VLOOKUP, and macros
  • Strong communication, interpersonal, project management, and organizational skills
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The Company
HQ: New York, NY
39,601 Employees
Year Founded: 1988

What We Do

Richemont is a leading luxury goods group that owns prestigious Maisons recognised for excellence in jewellery, watches, fashion and accessories. Its central and regional functions guide, support and challenge these Maisons and businesses, helping them design timeless creations and innovative services while preserving their unique heritage. The Group also helps them thrive in new and existing markets, maintain high service standards and embed sustainable practices across operations.

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