LVMH Group
The Finance Manager leads the accounting team of 5 and oversees all financial accounting and reporting activities for Louis Vuitton Korea business. This role ensures compliance with corporate accounting standards, statutory regulations, tax filing and internal control requirements while always supporting business operations. The role needs to partner efficiently with other departments under the CFO umbrella like Business Planning, Internal Control and Indirect Purchasing but also with all other departments throughout the company.
Job responsibilities
Accounting, Financial Operations & Reporting
Oversee daily accounting operations including but not limited to general ledger, AP/AR, fixed assets, and inventory accounting across stores.
Ensure timely and accurate month‑end, quarter‑end, and year‑end closings in line with local Korean statutory principles as well as Group reporting standards.
Report financial statements, treasury and capex using Group software.
Review and validate journal entries, balance sheet reconciliations.
Follow up all Fixed Assets lifecycle from activation to final write‑off in dedicated SAP Group software.
Manage cash flow, payment cycles, and intercompany transactions with precision and efficiency.
Maintain accurate stock valuation and collaborate with Supply Chain on shrinkage and stock adjustments.
Business Support within the company
Be a business partner for all stakeholders, training and transferring knowledge of accounting principles and internal control standards (i.e. cash and sales reconciliations with the store retail team).
Partner with Business Planning to ensure financial transactions are properly recorded.
Support annual budgeting, forecasting, and reforecasting processes with accounting insights.
Provide an accounting mindset to new business opportunities like hospitality.
Provide timely accounting information.
Audit & Compliance
Be the main contact with external auditors. Lead the relationship, schedule interventions and prepare documentation & audit report. Review comments sent by auditor and make sure all relevant topics are identified and discussed prior to meetings with zone or central teams. Ensure compliance with local statutory and tax requirements, including VAT, corporate tax, and customs reporting.
Lead the tax filing together with external tax consultant and headquarter tax director, ensuring accuracy and timely submission.
Lead and manage Customs & NTS audit.
Partner closely with Indirect Purchasing to make sure proper approval is given before expenses are engaged.
Partner closely with Internal Control to ensure all accounting compliance on internal control is met.
Strengthen internal controls over daily store reconciliations & inventory.
Ad‑hoc projects
Participate and lead the accounting side in new company projects.
Profile
15+ years of accounting/finance experience, ideally within luxury retail or FMCG industry.
Bachelor’s degree or higher in Accounting, Finance, or related field preferred.
CPA, AICPA, or equivalent professional qualification is a plus.
Strong leadership of accounting team.
Willingness to drive a support function with a business-oriented, problem‑solving mindset.
Strong technical accounting knowledge.
Preferred experience managing multi‑store operations and inventory accounting.
Preferred retail background a plus.
Proficiency in SAP or similar ERP systems.
Founded in Paris in 1854, Louis Vuitton perpetuates the ambitious vision of its namesake. From its origins as a master trunk maker, manufacturing boxes used to pack both everyday objects as well as voluminous wardrobes, Louis Vuitton and its successors introduced numerous innovations including the advent of the flat‑top trunk, lightweight canvas, signature patterns, and the tumbler lock. Today, Louis Vuitton’s legacy is expressed through its rigorous spirit of innovation, the boldness of its creations and an uncompromising demand for excellence.
Crafting Dreams Starts With Yours At LVMH, people make the difference in the art of crafting dreams.
Our people fuel our dynamic, entrepreneurial culture. We value collective ambitions, encouraging our talents to push boundaries and champion a curious, audacious state of mind. Our commitment to excellence is reflected in nurturing every individual with a growth mindset and development opportunities, consistently empowering them to reach their full potential. We are actively committed to positive impact through an inclusive environment that supports and gives back to our talented community. Join us at LVMH, where your talent is at the heart of our collective successes.
#J-18808-Ljbffr
Job responsibilities
Accounting, Financial Operations & Reporting
Oversee daily accounting operations including but not limited to general ledger, AP/AR, fixed assets, and inventory accounting across stores.
Ensure timely and accurate month‑end, quarter‑end, and year‑end closings in line with local Korean statutory principles as well as Group reporting standards.
Report financial statements, treasury and capex using Group software.
Review and validate journal entries, balance sheet reconciliations.
Follow up all Fixed Assets lifecycle from activation to final write‑off in dedicated SAP Group software.
Manage cash flow, payment cycles, and intercompany transactions with precision and efficiency.
Maintain accurate stock valuation and collaborate with Supply Chain on shrinkage and stock adjustments.
Business Support within the company
Be a business partner for all stakeholders, training and transferring knowledge of accounting principles and internal control standards (i.e. cash and sales reconciliations with the store retail team).
Partner with Business Planning to ensure financial transactions are properly recorded.
Support annual budgeting, forecasting, and reforecasting processes with accounting insights.
Provide an accounting mindset to new business opportunities like hospitality.
Provide timely accounting information.
Audit & Compliance
Be the main contact with external auditors. Lead the relationship, schedule interventions and prepare documentation & audit report. Review comments sent by auditor and make sure all relevant topics are identified and discussed prior to meetings with zone or central teams. Ensure compliance with local statutory and tax requirements, including VAT, corporate tax, and customs reporting.
Lead the tax filing together with external tax consultant and headquarter tax director, ensuring accuracy and timely submission.
Lead and manage Customs & NTS audit.
Partner closely with Indirect Purchasing to make sure proper approval is given before expenses are engaged.
Partner closely with Internal Control to ensure all accounting compliance on internal control is met.
Strengthen internal controls over daily store reconciliations & inventory.
Ad‑hoc projects
Participate and lead the accounting side in new company projects.
Profile
15+ years of accounting/finance experience, ideally within luxury retail or FMCG industry.
Bachelor’s degree or higher in Accounting, Finance, or related field preferred.
CPA, AICPA, or equivalent professional qualification is a plus.
Strong leadership of accounting team.
Willingness to drive a support function with a business-oriented, problem‑solving mindset.
Strong technical accounting knowledge.
Preferred experience managing multi‑store operations and inventory accounting.
Preferred retail background a plus.
Proficiency in SAP or similar ERP systems.
Founded in Paris in 1854, Louis Vuitton perpetuates the ambitious vision of its namesake. From its origins as a master trunk maker, manufacturing boxes used to pack both everyday objects as well as voluminous wardrobes, Louis Vuitton and its successors introduced numerous innovations including the advent of the flat‑top trunk, lightweight canvas, signature patterns, and the tumbler lock. Today, Louis Vuitton’s legacy is expressed through its rigorous spirit of innovation, the boldness of its creations and an uncompromising demand for excellence.
Crafting Dreams Starts With Yours At LVMH, people make the difference in the art of crafting dreams.
Our people fuel our dynamic, entrepreneurial culture. We value collective ambitions, encouraging our talents to push boundaries and champion a curious, audacious state of mind. Our commitment to excellence is reflected in nurturing every individual with a growth mindset and development opportunities, consistently empowering them to reach their full potential. We are actively committed to positive impact through an inclusive environment that supports and gives back to our talented community. Join us at LVMH, where your talent is at the heart of our collective successes.
#J-18808-Ljbffr