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LVMH - Finance Intern (12 Months)

  • Internship
  • City of London (Greater London)

Job description

Company : Fashion Group UK
Business group : Fashion & Leather Goods
Under the supervision of Management Controller, to assist in maintaining Financial reporting, controlling & planning functions as well as internal control for our fashion brands. Assisting the Management Controller on Nicholas Kirkwood mainly and preparing management control for other FG brands as changes in perimeter can happen depending on business needs.

Desired profile

Experience required : Beginner
FINANCIAL REPORTING, CONTROLLING & PLANNING
 
Assist in preparation and publication of IFRS management accounts (P&L and Balance Sheet) on a monthly basis :
- Review of the monthly package for each brand including balance sheet reports and follow-up with accountants to adjust any issue
- Preparation of Stock and Purchases reconciliations and monthly accruals
- In charge of Syrus input for month end (and budget)
- Instruct accounting team on journals to prepare each closing
 
Controlling / Analysing:
- Explanation of variances between budget and actuals to Head Office on a monthly basis
- Develop standardised reports including sales, discount analysis etc
- Provide financial analyses as needed, in particular for Capital investments, Sales, Stock, Margin, Communication and Selling Expenses
- Focus on gross margin evolution/profitability by store
- Analysis of variances with stock controller and store manager
- P&L reviews and ad hoc analysis with Brands Retail Managers
 
INTERNAL CONTROL
 
- Assist Management Controllers to ensure internal control policies and procedures are in place
- Maintain procedures / handover notes to ensure other management controllers can pick-up when holidays or sickness
 
OTHER TASKS
 
- Liaising with store managers regularly and assisting in any finance or operational issues or queries they may have
- Participation in stock takes (twice a year), process stock take adjustments in Stock system
- Analysis of variances with stock controller and store manager
- Assist with process improvement projects
- Ad hoc projects
 
 

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