About Kering
Kering is a global, family-led luxury group, home to people whose passion and expertise nurture creative Houses across ready-to-wear and couture, leather goods, jewelry, eyewear and beauty: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beauté. Inspired by their creative heritage, Kering’s Houses design and craft exceptional products and experiences that reflect the Group’s commitment to excellence, sustainability and culture. This vision is expressed in our signature: Creativity is our Legacy. In 2024, Kering employed 47,000 people and generated revenue of €17.2 billion.
Context of the Position
- With a very strong sponsorship of group senior management, Kering Finance Shared Services (KFSSC) has initiated a global transformation to re-invent and streamline shared service processes. This project leverages significant investment in technology (Implementation of SAP FMS & S4 Finance, Blackline, Concur, Esker, Avalara, IBM Tririga…) and will span over 3 years. A global change community has been set-up across Kering SSC and change management is supported by external consultants.
- Accounting Finance is one of the back-office functions in Kering Korea Finance Shared Service Center (KFSSC) established in 2013. As a member of this team, you will be responsible for administration related the dynamic activities of KFSSC. KFSSC provides group brands, Gucci, Bottega Veneta, Saint Laurent, Balenciaga, Alexander McQueen, Brioni, Kering Watches & Jewelry (Boucheron, Pomellato and Qeelin) with various service level of Finance & Accounting side.
Macro Objectives
- Establish business process expense model aligning globally in all 17 SSCs that includes individually booked & travel agency booked travel, store expenses, and all other employee-initiated expenses.
- Eliminate low value or non-compliant processes like cash advance, petty-cash and other redundant processes that could be covered by SAP Concur
- Maximize the use of technology (OCR, Paperless, Integration) in line with local legal requirement
- Generate business insight that support expense optimization and internal controls through the implementation of Business Intelligence on Concur
- Make the process easy, intuitive, secure and fast for the users and approvers
- Support the regionalization of Business Expense processing
- Ensure effective post-implementation support and stabilisation of the SAP system, maintaining data accuracy and driving process improvements across Accounts Payable
Sub-Objectives
- Review and bookkeeping for all employee & store expense claims and vendor expenses assist with brand financial operation.
- Check and review vendor voucher, employee & store expense claims with eligible payment evidences.
- Monitor recurring expense and communicate to brand for missing expense.
- Check the outstanding account payable and due date.
- Reconcile between system book payable amount and each intercompany reconciliation file every month-end.
- Support annual audit and Tax related audit lead by GL/tax team
- Responsible for quarterly VAT return filing & payment and issuance of VAT invoice.
- Prepare the supporting documents for Corporate tax adjustment by auditor’s request.
- Coordinate and support external audit related with P2P transactions (Yearly basis)
- Adhoc Support Finance manager and head of finance shared service center.
- Ensure documentations are properly stored and achieved.
Teamwork Objective
- Cooperate with back-office function and other teams– Alignment and Harmonization between/with brands, promote best practices eliminating waste
- The owner of an open mind for new changes and system changes.
Must have
- ~7 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.
Internal Screening Criteria
- Basic understanding on accounting and retail biz
- Strong analytical and logical skills
- Multi-Tasking, Patience under hard-working environment
- Hands-on mentality
- Proactive attitude, Good mannered.
Why work with us?
Kering is committed to building a diverse workforce. We believe diversity in all its forms – gender, age, nationality, culture,
religious beliefs and sexual orientation – enrich 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.
This is a fabulous opportunity to join the Kering adventure and to actively contribute to the development of the business by becoming part of a dynamic team 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.