Consolidation Specialist

LVMH Beauty Iberia believes in every person’s unique talent and celebrates all singularities. Therefore, we foster diversity and inclusion from our recruitment process and are committed to promote equal opportunities to create an integrative working environment. 

The Consolidation Specialist will assist in preparing the Syrus reporting consolidation for LVMH Iberia Maisons and the LOEWE Perfumes worldwide consolidation, as well as coordinating with other divisions to prepare the consolidated financial statements for LVMH Iberia, S.L. and the rest of the financial Statements of the other companies.

Additionally, the role will provide essential support in the preparation, validation, and compliance of transfer pricing policies and documentation for all legal entities, ensuring adherence to group timelines and regulatory standards.

This role requires a strong analytical mindset, a keen eye for detail, and the ability to provide actionable insights to support strategic decisions.

• Collaborate in the coordination and preparation of consolidated financial statements.
• Manage the preparation and submission of the P&L and Balance Sheet for the Holding division.
• Assist in the review, analysis, and submission of consolidation packages for all operating entities within the SSC (LVMH Iberia P&C and LVMH Portugal) in strict accordance with group schedules.
• Coordinate with subsidiaries to ensure financial packages are completed and submitted on time.
• Review and control reporting packages for Perfumes Loewe subsidiaries and participate in the analysis and submission of the Perfumes Loewe Business Unit consolidation.
• Support the implementation of procedures and tools to gather Balance Sheets, P&Ls, and necessary financial data from LVMH Iberia divisions, ensuring compliance with legal and group requirements while identifying relevant intercompany adjustments and eliminations.
• Review and reconcile intercompany accounts of all the entities across the fiscal consolidation group.
• Coordinate and request the necessary certificates for dividend double-taxation exemption and manage data for dividend distributions to shareholders.
• Track and account for foreign exchange (FX) hedging impacts on the P&L for LOEWE Perfumes, in coordination with the finance team.
• Prepare cash flow forecasts (Budget, Revised 1, Revised 2) for all companies and perform variance analyses against actuals.
• Support the preparation, tracking, and validation of Transfer Pricing policies (including Master Files) with the Group Tax Department for all BPC legal entities and the LOEWE Perfumes Business Unit.
• Review distribution and service agreements with respective parent companies.
• Coordinate in managing internal and external audits for all group companies, coordinating the LVMH Iberia consolidation audit to ensure strict adherence to deadlines.
• Coordinate with Local IT support for the implementation of system solutions and process improvements.

Strategic Agility & Business Acumen: Ability to understand the broader business impact and adapt to changing environments.

Proactivity & Results Orientation: High initiative with a strong drive to meet tight deadlines and deliver accurate outcomes.

Global Vision: Ability to connect local subsidiary data to the wider group consolidation framework.

Organization & Priority Management: Excellent ability to handle multiple tasks and establish clear priorities.

Integrity & Trust: High standard of ethics and reliability when handling confidential financial and corporate data. Strong interpersonal skills. Enthusiastic, with a can-do attitude