FP&A Intern

Richemont


Date: 2 weeks ago
City: Riyadh
Contract type: Full time
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.

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