MAIN PURPOSE
This Internship offers a rare opportunity to gain hands-on experience within one of the world's leading luxury groups, across a diverse portfolio of luxury Maisons.
During this internship, you will be embedded within a live FP&A function, contributing to real financial cycles, from monthly closings to budget submissions, under the mentorship of a Senior Business Controller.
The intern will support all financial matters related to Richemont Saudi Arabia's operations, in line with Richemont Group accounting and reporting standards, while gaining exposure to multi-Maison financial management in one of the region's most dynamic luxury markets.
Key Responsibilities
Financial Planning, Budgeting & Forecasting:
- Support the Maisons' budget processes: timely preparation, variance analysis, and submission of annual Budgets and quarterly Latest Estimates (LEs), in line with Group requirements and standards.
- Assist in building and maintaining P&L models, consolidating actuals vs. budget and flagging key variances across Maisons.
Financial Performance Monitoring
- Assist in monthly closing with key stakeholders and the accounting team, ensuring all relevant accounting entries are booked accurately in line with IFRS and Richemont Group standards.
- Prepare monthly management reports and ad hoc financial analysis for Brand Management.
- Support FP&A commentary: help explain financial performance through structured, data-driven narrative at the Maison and country level.
Process Improvement & Internal Control
- Contribute to the development of a financial controls culture within the Brands, supporting the adoption of best practices across departments.
- Participate in the documentation and continuous improvement of standard operating procedures and controlling processes.
- Identify areas of improvement in existing processes and systems and flag recommendations to the FP&A team.
Learning & Development
- Participate in structured onboarding and coaching sessions covering Group FP&A tools, including SAP and Anaplan.
- Gain direct exposure to multi-Maison financial reporting cycles, Group submission standards, and luxury retail controlling frameworks.
Education & Technical Skills
- Currently pursuing or recently completed a Bachelor's degree in Finance, Accounting, or a related field (required).
- SOCPA accreditation must be required.
- Prior experience or coursework in Accounting, Finance, or Audit is a plus; retail or luxury industry exposure is an added advantage.
- Solid understanding of financial statements: P&L, Balance Sheet, and Cash Flow.
- Proficient in Microsoft Excel, including pivot tables, financial modeling, and data manipulation.
- SAP and/or Anaplan knowledge is an advantage; both will be taught on the job.
- PowerPoint and Word proficiency is an advantage.
- Strong communication skills, fluent in English (written and verbal).
- High mental agility with a demonstrated ability to deal with complexity and ambiguity.
- Strong organizational skills and ability to prioritize tasks under tight deadlines.
- Proactive and self-motivated, with a genuine eagerness to learn and grow.
- Accountability mindset, takes ownership of work and actively seeks to improve it.
- Collaborative team player who thrives in cross-functional, multicultural environments.
- Adaptable and resilient in a fast-paced, change-driven market.