Senior Associate – Internal Controls

INSPIRE | EXHILARATE | DELIGHT

For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.

Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.

Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work®.

To keep the innovation journey going, the Group has set up “The Greenhouse”, which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally. This is just one of the several initiatives taken by the Group to reinvent itself, catalysed by forward thinking and future-proofing. The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women’s Empowerment Principles.

What you’ll be doing  

 This role is crucial for ensuring operational efficiency, adherence to policies, and supporting regulatory compliance. The Specialist – Internal Controls will maintain a robust control environment by developing, implementing, and monitoring the internal control framework. Additionally, this role involves protecting company assets through risk assessments and continuous improvement of processes and procedures. The Internal Controls Specialist will work towards enhancing governance, compliance, and financial controls within our organization

• Help identify and assess risks within the organization’s operations, financial reporting, and compliance functions.
• Assist in implementing and documenting internal controls across end-to-end business processes to mitigate risks and ensure accuracy in financial reporting.
• Support drafting internal policies and procedures and conduct periodic reviews and updates to align with best practices and regulatory requirements.
• Conduct testing of internal controls to ensure they are functioning effectively and identify opportunities to enhance control effectiveness.
• Prepare and maintain documentation of control reviews, findings, and remediation efforts, and assist in sharing review updates.
• Enhance organizational awareness of and adherence to control-related policies through continuous trainings, and compliance-related insights & analysis sharing.
• Support staying compliant with local, national, and industry-specific financial regulations, including tax laws and reporting requirements, through staying informed on latest updates, practices, and trends.
• Act as a liaison during audits to provide necessary documentation and explanations.

• Key Competencies:
• High level of integrity and ethical behaviour.
• Strong problem-solving skills and a proactive approach.
• Ability to work collaboratively in a team environment.
• Time management and ability to meet deadlines.

What you’ll need to succeed 

• Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
• 2+ years of experience in audit, or compliance-focused roles.
• Knowledge of financial regulations and compliance standards (e.g., SOX, IFRS, local regulatory requirements).
• Basic understanding of internal controls and risk management principles.
• Proficiency with financial systems and tools – Excel, ERP (SAP), and data analytics and visualization platforms.
• Strong analytical skills with excellent attention to detail.
• Excellent written and verbal communication skills.

What we can offer you  

With us, you will turn your aspirations into reality.  We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.  

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.  

We Invite All Applicants to Apply

It Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.

We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.