Sr. Accountant (GL)

Posted 22 Days Ago
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Seoul, KOR
In-Office
Senior level
Fashion • Retail
The Role
Lead month-end close for CAPEX, leases, inventory/COGS, and intercompany reconciliations. Maintain fixed assets, post lease liabilities, validate system interfaces, prepare IC netting, support audits, and handle VAT filing. Potential transfer to treasury duties and duty reconciliation tasks.
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.

KEY RESPONSIBILITIES

Deeply involve in each accounts to be accurately booked in order to reflect actual transactions on financial reports on a monthly/yearly financial closing.

Mainly take in charge of below items during monthly closing

  • CAPEX_: Fixed asset book keeping, maintain accurately with depreciation, physical counting, disposal and acquisition, including group reporting

  • Lease_: Lease liability & asset posting (RECEEP)/ ST/LT Lease liability balance adjustment/ Captital & Interest balance adjustment

  • STOCK : Stock requisition, Stock & COGS reconciliation, System interface validation

  • Prepare IC netting list

  • Ensure to record IC transactions accurately and complete IC reconciliation

  • Review and control Intercompany transactions, and ensure the relevant Group Reporting is accurate and complete.

  • General adjustment if any

Interview, evidence provide for external audit and internal control

Possible extension/transfer role to

 Treasury : Cash forecast, transfer, IC netting including BOK submission and weekly/monthly group reporting, Loan handling, communication with the bank for any issues.

Duties : Record accrued duty from GTS accurately and communicate with logistics team to correct any issue identified, Reconcile the accrued duty and advance payment to agent, Timely clear Duty refund after reconciliation between receivable and actual refund in a timely manner.

VAT filing : Reconciled input & output VAT monthly basis , Prepared and filed VAT tax return quarterly basis

QUALIFICATION

  • At least 7 years’ experience in multinational company

  • At least Bachelor’s degree

  • Fluent in business English writing

  • Preferred big ERP system experience (e.g. SAP, oracle, and so on)

  • Good communication skills

  • Good team player, self-management

  • AICPA or KICPA is preferred

#Richemont #WeCraftTheFuture

Skills Required

  • Minimum 7 years' experience in a multinational company
  • Bachelor's degree
  • Fluent business English writing
  • Experience with ERP systems (e.g., SAP, Oracle)
  • Good communication skills
  • Team player and self-management
  • AICPA or KICPA certification
  • Fixed asset (CAPEX) accounting including depreciation, disposals, and physical counts
  • Lease accounting and lease liability/asset posting and adjustments
  • Inventory, stock requisition, and COGS reconciliation
  • Intercompany transaction recording, reconciliation, and group reporting
  • VAT filing and reconciled input/output VAT reporting
  • Treasury experience (cash forecasting, bank communication)
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The Company
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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