Internal Controller

POSITION PURPOSE

In close collaboration with the regional Internal Control Director, and cross -department business partner, the Internal Controller KSA will be responsible for implementing programs to protect the company’s assets by acting as a business partner, bringing added value and creating the Internal Control culture within the organization. The Internal Controller KSA will ensure the supervision of an Internal Control Analyst in KSA

KEY RESPONSIBILITIES:

• The Internal Controller KSA will work in conjunction with the central IA&IC team in Dubai to roll out the

IA&IC roadmap defined for the region.

• Comply with any LVMH and Sephora Internal Control requirement

• Roll out and communicate the results of any Head Office audit defined by the EME region

• Conduct store audits in line with the EME guidelines and the local Sephora Middle East store audit calendar

• Follow-up on any open Action Plan raised by any LVMH and/or Sephora audit

• Active monitoring of suspicious transactions processed at the point of sales using an in -house fraud tool.

• Reviewing and conducting controls in line with the Closing Checklist

• Conduct monthly store audits across KSA in line with the store audit calendar

• Monthly follow-up of the action plans opened during the store audits

• Continuous Monitoring of the front and back -office processes and controls, including but not limited to:

• Monthly supervision of the result of the cycle count procedures in KSA

• Monthly review of the shrinkage report – investigate any abnormal ratio

• Monthly review of the Store Sales Reconciliation – follow-up on any material shortage

• Monthly review of the exceptional transactions flagged by the in -house fraud tool

• Fraud Investigations

• Root cause analysis to breaches, fraud, or attempts of fraud

• Collect facts & figures to support any proven breach

• Formalization of each fraud alert through the Fraud Declaration Form

• Support the central team in any necessary Internal Audit, Internal Control, and Fraud assignment

Communication & Reporting

• Communication of the monthly store audit dashboard – results & Action Plans follow-up

• Communication of the monthly fraud dashboard for KSA

• Communication of the monthly in -house fraud tool KPIs

• Regular communication to the KSA organization of the strengths and weaknesses observed

Management & Leadership

• Develop and implement an effective Internal Control strategy to increase the level of awareness on controls and processes in KSA

• Be a Business Partner for the organization. Ensure regular monthly meetings with the Business to review major

red flags observed for the month through the store audits, fraud analytics red flags, or any other analysis

Training

• Administer and implement regular training programs in KSA to raise Internal Control awareness in both, back and front operations

SKILLS AND QUALITIFCATIONS

• Bachelor’s degree
• Fluent in both, English, and Arabic
• 5-year experience within the retail industry in Internal Control or Loss Prevention areas
• Strong written, verbal, interviewing, listening and interpersonal communication skills
• Strong problem solving and sound judgement skills
• Ability to work independently
• Capable to work in a fast-paced environment
• Proficiency with computer technology, MS Office

 HERE, YOU WILL FIND:

• Community, in which authenticity is embraced, and the strength of our differences fuels our collective spirit
• Culture of empowerment, learning & growth, that offers you the tools, space and opportunity to learn, innovate and lead
• Work that brings fulfillment. From delighting clients every day, to inspiring our industry at large, every action makes a difference

Join us and belong to something beautiful.