Group Reporting
6 days ago
LUXASIA is the leading and largest beauty omnichannel brand-builder of Asia Pacific. Since 1986, it has successfully enabled market entry and brand growth for more than 100 luxury beauty brands, the likes of Albion, Aveda, Bvlgari, Calvin Klein, Creed, Diptyque, Hermes, La Prairie, Maison Francis Kurkdjian, Montblanc, Rabanne, Ferragamo, and SK-II. LUXASIA has established Joint Ventures with the likes of LVMH Group, Revlon (for Elizabeth Arden), Puig, Shiseido, and Orveon (for Laura Mercier). The Group's integrated brand-building capabilities include luxury retail, online commerce, consumer marketing & analytics, and supply chain management. LUXASIA is powered by a diverse and dynamic #OneTeam of 2700 talents across a growing footprint of 15 markets.
Why Join Us?
At LUXASIA, we believe there is beauty within every talent - that is you.
We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you autonomy but not without guidance and genuine care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling.
With LUXASIA, an exciting career filled with robust professional growth awaits you. Isn’t that beautiful?
**Key Responsibilities**:
- Prepare the group consolidation on monthly basis, ensuring accuracy and compliance with international accounting standards (IFRS) and timely submission.
- Review monthly inter-company matrix for balances and transactions; manage elimination of inter-company transactions.
- Liaise with local finance to ensure timely submission of financial data and reports from subsidiaries and review submissions for completeness and accuracy.
- Maintain group reporting pack/template and provide training or guidance to local finance and COE (Centre of Excellence) teams on the reporting pack/template.
- Collaborate with regional and local finance teams to streamline reporting processes and enhance efficiency.
- Provide insights and analysis on consolidated financial results, including variance analysis and key financial metrics.
- Liaise with external auditors, providing necessary documentation and explanations related to group consolidation and reporting.
- Identify opportunities for process improvements in group reporting and consolidation activities; lead and implement these improvements.
- Stay updated on changes in accounting regulations and standards; ensure compliance and adjust reporting processes as required.
- In charge of holding company accounting, reporting, quarterly GST submission, company tax & secretarial matters.
- Assist in the SAP implementation and support ad hoc or other process improvement projects as required.
**Requirements**:
- Bachelor’s Degree in Accounting, Finance, or a related field; CPA, ACCA, or equivalent qualification preferred along with at least 5 years’ experience in group consolidation, financial reporting, and accounting operations within a multinational organization.
- Proficiency in Microsoft Office suite; experience with SAP or other accounting systems is advantageous.
- Excellent analytical skills with the ability to interpret financial data and trends effectively.
- Strong communication and interpersonal skills; ability to collaborate effectively across functions and regions.
- Detail-oriented with a commitment to accuracy and meeting deadlines.
Do you have what it takes to succeed in a fast-paced and intense environment? Do you thrive on challenges? Do you want to bring innovative ideas to life? Are you keen to abandon the status quo, try new things, embrace failures as lessons, recover fast, yet always pursue excellence?
If so, you are the one we are looking for. JOIN US and let’s grow together.
Championing Diversity, Equity and Inclusion
LUXASIA aspires to build a One Team of talents that reflects the diversity of the communities in our operating markets. LUXASIA is committed to providing equal employment opportunities to all individuals, regardless of their race, colour, religion, gender, sexual orientation, age, disability, nationality or ethnic origin, cultural background, social group, marital status, or any other characteristics as provided by law.
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