AP and Fixed Assets Accountant

CONTEXT:

LVMH Beauty activities benefit from exceptional dynamism that relies on both the longevity and development of key lines, and on the boldness of new creations. The brands cultivate what makes them unique and is guaranteed to make them stand out for their devotees in a highly competitive global market. The success of the Perfumes & Cosmetics division depends on finding the right balance between major historic Houses such as Parfums Christian Dior, Parfums Givenchy and Guerlain, and young brands with strong potential like Benefit Cosmetics, Fresh and Make Up For Ever… All are driven by the same values: a quest for excellence, creativity, innovation and perfect mastery of their image.

LVMH Beauty Middle East manages 11 different brands including Parfums Christian Dior, Guerlain, Make Up for Ever, Givenchy, Kenzo, Loewe, Acqua Di Parma, Benefit Cosmetics, Fenty, Fresh & MFK. LVMH Beauty Middle East oversees an area of 47 countries in the Middle East, Europe, Africa, and India with subsidiaries and agents’ structures.

Job Summary

LVMH Beauty is seeking a highly skilled and motivated AP and Fixed Assets Accountant to join our accounting team. The successful candidate will be responsible for managing the accounts payable process, overseeing fixed assets accounting, preparing monthly bank reconciliations, and ensuring compliance with company policies and regulatory requirements. This role requires a detail-oriented individual with strong analytical skills and a passion for the beauty industry.

MAIN RESPONSABILITIES:

Accounts Payable

1. Process and verify invoices, ensuring accuracy and proper authorization.
2. Maintain vendor records and manage vendor relationships.
3. Reconcile accounts payable transactions and resolve discrepancies.
4. Prepare and process electronic transfers and payments.
5. Monitor accounts to ensure payments are up to date and follow up on outstanding invoices.
6. Assist in month-end closing activities related to accounts payable.
7. Ensure compliance with company policies and procedures.

Fixed Assets

1. Prepare and complete monthly bank reconciliations.
2. Investigate and resolve any discrepancies between bank statements and accounting records.
3. Ensure timely and accurate recording of all bank transactions.
4. Collaborate with other departments to resolve any outstanding issues related to bank accounts.

PROFILE

1. Fluent in Arabic and English.
2. Bachelor’s degree in accounting, Finance, or a related field.
3. Minimum of 3-5 years of experience in accounts payable and fixed assets accounting.
4. Proficiency in SAP ERP system.
5. Strong understanding of accounting principles and practices.
6. Excellent attention to detail and organizational skills.
7. Ability to work independently and as part of a team.
8. Strong communication and interpersonal skills.
9. Proficiency in Microsoft Office Suite, particularly Excel.
10. Knowledge of ZATCA (Zakat, Tax and Customs Authority) regulations.

Preferred Qualifications

1. Experience in the beauty or luxury goods industry.
2. Professional certification (e.g., CPA, ACCA) is a plus.
3. Knowledge of IFRS and GAAP.

What Can We Offer?

A challenging role in a fast moving, ambitious environment, with daily learning opportunities and passionate team members. As part of LVMH we offer career opportunities with a worldwide presence and continuous growth within 75 distinguished Houses.