Position
Are you passionate about the luxury and beauty world? Would you like to develop your analytical skills at the world’s leader of luxury goods?
We are seeking talented individuals who are eager to craft their future with a dynamic team that embraces every as a challenge and opportunity for growth.
If you want to conquer the world and acquire a one-of-a-kind experience, we're excited to welcome you on board!
Job responsibilities
Consolidation, Credit and Market Analysis Intern will apply and complement theoretical knowledge, develop the work competences, and acquire a practical experience through different tasks and responsibilities.
Credit Risk (75%):
- Collaborate in unblocking orders held due to risk across all brands.
- Perform monthly reconciliation of credit limits set per client, considering Coface and SAP.
- Prepare monthly Weekly Reports for the brands.
- Prepare monthly DSO reports for the brands.
- Prepare quarterly AR peaks forecasts for each brand.
- Analyze customer risks and explore potential negotiations to reduce assumed risks.
- Prepare calculations for bad debt provisions.
- Monitor debts and coverage risks of subsidiaries, sending communications to the respective subsidiary contacts.
- Participate in the preparation and follow-up of bank reconciliations.
- Assist in the preparation and tracking of Banco de España statistics.
- Collaborate in reviewing, analyzing, and submitting consolidation packages for all ERBs included in the SSC (LVMH Iberia P&C, LVMH Portugal, and Christian Dior Moda) as per the group’s established schedule.
- Participate in coordinating with subsidiaries to finalize packages according to the schedule established for the consolidation of the Perfumes Loewe BU.
- Prepare cash flow forecasts for all companies in coordination with the department and analyze discrepancies against actuals (Budget, Revised 1, Revised 2).
Grey Market Analysis and Monitoring System Development (25%)
This project involves building a comprehensive system from scratch to analyze the grey market, focusing on sell-in vs. sell-out data. The goal is to develop a robust monitoring and reporting system using Power BI or similar tools to provide actionable insights and recommendations to mitigate grey market risks.
Project Objectives:
- Gather and analyze sell-in vs. sell-out data from various sources.
- Identify trends, patterns, and discrepancies in the grey market.
- Develop a user-friendly dashboard and reporting system using Power BI or similar tools.
- Provide actionable insights and recommendations to mitigate grey market risks.
- Ensure data accuracy and integrity in all analyses and reports.
Profile
SKILLS
- Proactivity
- Results-oriented.
- Global vision.
- Priority setting.
- Business acumen.
- Integrity and trust.
PROFILE NEEDED
- MAIN STUDIES: Degree in Economics or Business Administration.
- LANGUAGES: Fluent in English and/or French
- IT TOOLS: Proficiency in Microsoft Office XP tools and Lotus Notes
- EXPERIENCE: Minimum of 2 years of experience in Customer, Risk, or Consolidation Departments
Crafting Dreams Starts With Yours
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.
