Compliance Officer

Reference Code: 90723**Compliance Officer**:

- Richemont- Sydney, NSW, AU- PermanentRichemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.
- Richemont owns several of the world's leading companies in the field of luxury goods, with particular strengths in jewellery, luxury watches and writing instruments. _
- Our Maison encompass several of the most prestigious names in the luxury industry including Cartier, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc. _
- Richemont Australia forms part of the Richemont South Asia reporting structure, which incorporates the following countries; Australia, Malaysia, Thailand and Singapore._

**MAIN PURPOSE**

This individual will be responsible to support the compliance function of Richemont Australia and New Zealand. This function acts as a support to the Finance and Admin Director, Brands, and Richemont Function Heads and will need to provide assurance that compliance with controls in finance and other related business processes, are in accordance with Group Policies and Procedures. From time to time this function will also support special reviews as assigned/ requested by management.

The position reports to the Oceania Finance and Admin Director with a functional reporting line to the SEA Compliance Manager.

**KEY RESPONSIBILITIES**:
**Internal Controls and Compliance Assurance**

To implement ICS program in accordance with Group ICS Policies and Procedures including:

- Assess process and controls, identify and report control gaps, formulate and follow up of remediation plans with business users across Brands and Functions in accordance with SOX requirements.
- Manage the Group I-CARE reporting system to ensure that accurate and complete information is documented by control owners, including control activities, results of control reviews and progress of remediation plans.
- Perform TOD to ensure controls are executed as documented.
- Perform assessment to identify high-risk areas and execute Control SelfAssessment/ TOE as appropriate.
- Coordinate with external auditors/ internal auditors on review of in-scope business cycles or process reviews and ensure issues are resolved timely.

**Boutique ICS Reviews**

To comply with Group Policies and Procedures for Boutique ICS review of retail front office controls including:

- Set up Boutique ICS review plan in accordance with Group requirements in terms of frequency and areas to be reviewed.
- Manage end-to-end boutique reviews from raw data analysis, sample selection, execution of reviews, documentation of results, and discussions with stakeholders and Retail Management of results and action plans before communication of final report.
- Follow up on implementations of control and test results thereof in relation to critical control weaknesses identified during BTQ ICS reviews
- Design additional risk-based review procedures in addition to Group requirements, to ensure compliance to local regulations.
- Quarterly update of review status and results on Regional ICS Sharepoint.

**Special Projects/ Management Reviews**
- Assist FD to maintain the Boutique Operation Manual to ensure timely updates are incorporated.
- Assist FD to ensure the Internal Policies, Procedures & Controls meet the local and regulatory and statutory requirements of AU /NZ.
- Plan and perform special reviews/ projects as assigned by Management.
- Participate in ad-hoc incident investigations and reporting to Brand/ Function Heads, where necessary.

**Training and Development**
- Enhance existing tools and liaise with various stakeholders to manage delivery of Internal Control Compliance training content and presentations within the market to enhance control awareness.
- Ensure that key Brand/ Function new joiners are adequately orientated to the ICS function,
- Ensure Retail teams are familiar with key finance principles and controls relevant to boutique operations.
- Keep abreast with ICS review methodology, Group/ Regional Policies and Procedures and extend rapport and feedback to Group, Regional and other market ICS members/ Internal Audit teams on internal control related issues

**QUALIFICATIONS**:

- Degree in Finance or similar course; recognized professional accounting/ auditing qualification e.g. CA, CIA, CFE is a plus.
- Minimum of 2 years of relevant working experience in Compliance, external or internal audit role within an international company.
- Good knowledge of International Accounting Standards (IFRS) and SOX requirements.
- Good understanding of Risk management, Corporate Governance, Finance &