Internal Control Assistant Manager

MAIN RESPONSIBILITIES

Responsibilities are mainly ensuring the right level of internal control and driving processes improvement within LFCS and L Beauty.

 

Coordinate Internal Control self-assessment and action plans implementation

• Execute and coordinate yearly LVMH Internal Control self-assessment campaign. Review supporting documents submitted by process owners, challenge declarations/ratings, and perform substantive tests to validate the accuracy of the process owners’ self-assessments.
• Identify main control gaps, formulate pragmatic, practical solutions and recommendations.
• Work with the process owners to design action plans to effectively address the gaps identified. Actively support local teams during implementation phases.
• Follow-up on the action plans and provide a clear picture of the progress and status for clear reporting and/or presenting to Management.

 

Drive processes continuous improvement initiatives and advocate internal control good practices

• Actively participate in the drafting, development, and implementation of standard operating procedures to ensure compliance with LVMH policies and local laws (if applicable), to strengthen internal controls, and to promote standardization of processes.
• Conduct analysis and testing of potential risk areas and provide recommendations to ensure adequate controls are in place to mitigate risks.
• Draft internal control newsletters, assist or conduct trainings/webinars on internal control-related topics and processes, or to introduce new LVMH guidelines or revisions of SOPs.

 

Lead internal control projects and other initiatives

• Plan and coordinate internal control projects (e.g., Business Continuity Plan, Crisis Management, Anti Money Laundering procedures, etc.). Monitor progress and prepare status reports for Management.
• Actively contribute to process continuous improvement initiatives (e.g., automation of financial processes).

 

Partner stakeholders to establish sound practices and effective controls

• Review and improve business process SOPs, ensuring consistency with LVMH Internal Control standards and guidelines, identify and propose modifications or updates, if needed.
• Provide recommendations on effective and efficient procedures and controls for new business processes.
• Perform routine checks as the independent reviewer of business processes to ensure the continuous operating effectiveness of key controls.

 

 

Qualifications

PROFILE

• Minimum 4 years of relevant experience in financial or business roles with focus on internal control, process reviews/improvement (e.g., external/internal audit or internal control positions).
• Experience with Enterprise Risk Management would be an added advantage.
• Strong analytical and critical thinking skills.
• Excellent communication and interpersonal skills to deal with all levels in the organization.
• Prior experience in shared service centre in a matrix organisation is a plus.
• System oriented. Knowledge in ERP systems (SAP) and POS systems would be a plus.