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Senior Director Accounting & Controlling

LVMH Group, New York, NY, United States


Senior Director Accounting & Controlling 19 East 57th St, New York, NY USA

LVMH Moet Hennessy Louis Vuitton (LVMH) is the ~$90B worldwide leader in luxury goods comprising over 75 global brands in six categories.

Wines and Spirits

including Moet & Chandon, Dom Perignon, Veuve Clicquot, and Hennessy.

Fashion and Leather Goods

including Louis Vuitton, Christian Dior Couture, Celine, Loewe, Givenchy, Fendi, Marc Jacobs, Loro Piana, and Rimowa.

Perfumes & Cosmetics

including Parfums Christian Dior, Guerlain, Benefit Cosmetics, Fresh, Fenty Beauty and Fenty Skin by Rihanna and Maison Francis Kurkdjian.

Watches & Jewelry

including Tiffany, Bulgari, and Tag Heuer and

Selective Retailing and other activities

including Sephora, DFS, and Cheval Blanc hotels.

LVMH Inc., the North America subsidiary of LVMH, is headquartered in New York City and provides corporate services including Accounting, FP&A, Treasury, Risk Management, Tax, Purchasing, IT, HR, Corporate Affairs, Real Estate, Legal, and Media services, to the LVMH brands operating in the US and Canada. LVMH Inc. consists of 30+ legal entities including real estate & investment companies and employs ~100 professionals.

Job Objective The Senior Director Accounting & Controlling is an integral member of the Finance function providing overall leadership and management of the accounting and controlling function for LVMH Inc. The main responsibilities include managing the close, budget and forecast processes, supporting M&A activity, ensuring strong internal control procedures, implementing new accounting technology, and leading a team of 6 professionals.

Job Responsibilities

Manage the monthly & quarterly close, budget & forecasts, and strategic plan for 56 legal entities (holdings, real estate, and investments)

Provide accurate, detailed, and relevant reporting and analysis on Financial Income / Expense, Balance Sheet and Cash Flow

Analyze, propose, and negotiate rent structure for affiliate office and retail locations owned by LVMH Inc.

Analyze the equity rolls of all US entities to determine the potential dividend distributions and /or potential restructuring

Act as main coordination point with Paris headquarters’ consolidation team to ensure proper accounting procedures

Work closely with the LVMH Inc. SVP Tax and VP Treasury to manage North America M&A and restructuring projects

Implement ad hoc accounting and reporting frameworks for specific strategic operations such as reorganizations, disposal of companies and acquisition of new businesses and properties

Maintain strong relationships with external M&A and real estate advisors

Partner with Risk Management and Ethics & Compliance to ensure strong internal control environment

Provide strong leadership to a team of 6 professionals

Continuously optimize processes and implement new technology to gain efficiency, control, and reliability

Build strong relationships and provide accounting advice and support to the LVMH brand Finance teams within the region

Profile – Principal Skills, Knowledge, and Personal Attributes Required

Bachelor’s Degree in Accounting or Business, CPA preferred

Minimum 12 - 15 years accounting experience required

Deep knowledge of IFRS accounting

Experience with SAP 4 Hana preferred

Proficient in Excel and PowerPoint

Ability to work in matrix and diverse environment

Excellent analytical and organizational skills

Strong leadership and team management skills

Good communications and interpersonal skills

Strong team player

High integrity, motivated and driven

Ability to work in fast-paced environment with short deadlines

Experience in retail, wholesale or luxury fashion a plus

Knowledge of the French language a plus

Reporting Relationships Reports to: LVMH Inc. CFO

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