Summary

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin, Girard-Perregaux, 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 2017, Kering had nearly 29,000 employees and restated revenue of €10.816 billion.

We are currently seeking a Regional Manager – IFRS16 & Lease Accounting APAC to join our Hong Kong office, reporting to the Vice President of Finance, Asia Pacific.

Job Description

Your opportunity

This position is responsible for Lease Accounting and relevant projects for the APAC region (7 Centres) and for all Kering brands

How you will contribute

Key Objectives:

• Document and streamline the entire lease recording and accounting process, establish a clear SLA with Kering Fashion & Luxury brands and design in APAC, implement and publish monthly KPIs supporting this SLA
• Ensure the full compliance each month of lease related posting - in local financial systems and in Kering group consolidation system – with IFRS16 and local GAAPs. Overview 7 countries in APAC and support all building & stores leases of all brands in Kering Group.
• Ensure the roll-out of Kering Lease Accounting Solution (IBM Tririga) in the APAC region in 2019/20
• Contribute to the project of integration of the lease accounting solution into SAP – starting 2020

Secondary Objectives:

• Ensure 100% accuracy and timeliness of monthly rent and other lease obligation payments.
• Design and implement insightful dashboard and metrics using IBM Tririga and / or other BI solutions (e.g. Power BI, Dataviz…)
• Develop a regional approach to the lease accounting process, and optimize use of resource across the 7 shared services centers
• Support Finance SSC objective to become 100% paperless, and design controls that leverage digital capabilities

Teamwork Objectives:

• Acting as a thought-leader, develop and implement on-going training and education modules on IFRS16 & Lease Accounting with internal stakeholders (Kering fashion & luxury brands, global & regional functions). Deliver these training in person (1 per quarter) to other finance, legal and brand teams and prepare e-learning module that can be delivered through Kering LMS (“Kering Campus”)
• Identify the relevant certification (e.g. AICPA…) and work with all 7 APAC Finance Shared Services to ensure that we have at least 3 team members certified at any given time.
• Communicate regularly with Brand Management, in the region and HQ on the service delivered, and assess their satisfaction every year through a quick formalized survey.
• Communicate at least monthly with the consolidation team (HQ, in Paris) and ensure alignment of activities and priorities.

Long Term Strategic Objectives:

• Through process and skills improvement, leads the APAC Finance SSC organization toward ISO certification on quality & controls

Who you are

• Master’s degree from an accredited college or university
• Relevant Professional qualification (CPA, ACA, ACCA, AICPA, IIA, IMA…)
• 3 to 5 years relevant experience
• Experience in leading and working in cross-functional teams across different business functions
• Ability to interact credibly with technical & business function professionals as well as senior executives
• Record of leading process improvement and standardization initiatives.
• Extensive working knowledge and background working shared service / matrix organizations
• Solid understanding of IFRS and financial statements.
• Software implementation experience preferably lease accounting or related software
• Good understanding of retail leases across the APAC markets
• Working knowledge of financial systems used within large organizations (preferably SAP)
• Demonstrated excellent English written & spoken communications, and strong interpersonal skills
• Good understanding of Lease Accounting and best practices, acquired in Audit, Internal Audit, Internal Control, compliance department, or sophisticated finance function of a mod-size to large corporation

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.

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. 

Job Type

Regular

Start Date

2019-08-01

Schedule

Full time

Organization

Kering Asia Pacific Limited