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    07/08/2022

    KERING Treasury Accountant

    Kering - Regular
    Seoul - Korea, Republic of

    A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination”. In 2021, Kering had over 42,000 employees and revenue of €17.6 billion.

    How you will contribute

    Macro Objectives

    • Automate daily bank reconciliation and make it the primary control over cash. Limit document-based controls to exception
    • Streamline AP runs and payment process, increase Internal Controls
    • Improve liquidity and funding management through liquidity planning and effective control cashflows
    • Implement BAM to enhance the control of bank account data and assuring the robust management of opening and amendment operations, and provision of strong audit visibility
    • Automate the daily posting of cash pooling entries and real-time reporting of cash balance increasing the accuracy of cash flow forecasting

    Sub-Objectives

    • Payment and Collection
    • Reconcile between all bank accounts on employee, store, vendor and the beneficiary.
    • Make a payment for taxes, custom duties and intercompany transactions by the designated date.
    • Review the invoices and references for international payments.
    • Match flagship store daily cash sales with the bank statements.
    • Collect the receivables amounts concerning department stores, duty-free shop, e-commerce stores.

    • Annual audit and Tax related
    • Responsible for quarterly VAT payment and issuance of the other sales invoice.
    • Prepare the supporting documents by auditor’s request.
    • Declare and pay for the local income, residence and withholding tax by 10th of the next month.

    • Others
    • Maintain daily cashflows statements.
    • Prepare cash position and cash flow report by monthly.
    • Calculate the accrued interest for the period.

    Who you are

    Must have

    • Over 3~4 years experience in overall accounting & financial operations
    • Proficient in MS Office applications, especially in Excel
    • Korean native speaker with fluent written and verbal English skills.
    • Excellent communication and interpersonal skills. Able to effectively communicate with people at all levels.

    How to apply

    * Please visit our homepage and upload your resume

    (**If you have an error in Internet Explore to access please visit our site in Chrome or email to recruiting.kr@kering.com)

    Why work with us?

    This is a fabulous opportunity to join the Kering adventure and and to actively contribute to the development of the business by becoming part of a thriving Atelier in a global Luxury Group that offers endless possibilities to learn and grow. Talent development is a managerial principle at Kering and we are committed to fostering internal mobility. Our common vision promotes leadership skills and helps every employee to reach their full potential in a stimulating and fulfilling workplace environment.

    Diversity Commitment

    Kering is committed to building a diverse workforce. We believe diversity in all its forms – gender, age, nationality, culture, religious beliefs and sexual orientation – enriches the workplace. It opens up opportunities for people to express their talent, both individually and collectively and it helps foster our ability to adapt to a changing world. As an Equal Opportunity Employer we welcome and consider applications from all qualified candidates, regardless of their background. 

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