Consolidation Specialist

LVMH Perfumes & Cosmetics; Madrid; On-site; EUR 42,000 - 58,000; Full time

Job summary

LVMH Perfumes & Cosmetics in Madrid seeks a Consolidation Specialist to support the preparation of consolidated financial statements for LVMH Iberia Maisons and LOEWE Perfumes worldwide. The role also covers transfer pricing documentation and intercompany reconciliations, delivering actionable insights to improve accuracy and timeliness.

Required is a degree in Business Administration or Economics with at least 2 years in financial control, accounting, or financial analysis.

Qualifications

• Degree in Business Administration or Economics. At least 2 years in financial control, accounting or financial analysis.
• Languages: Spanish and English fluent, French a plus.
• IT tools include Office 365, SAP, XRT.

Responsibilities

• Prepare consolidated financial statements and P&L/Balance Sheet for holding and group entities.
• Coordinate with subsidiaries to ensure timely financial packages and intercompany eliminations.
• Support transfer pricing policy documentation and master files with Group Tax.
• Coordinate internal and external audits and assist in system improvements.
• Track FX impacts on P&L and prepare cash flow forecasts.

Skills

Financial analysis

Financial control

Accounting

Intercompany reconciliation

Education

Bachelor's degree in Business Administration or Economics

Tools

Office 365

SAP

XRT

Job description

Job Responsibilities

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.

Financial Consolidation & Reporting

• 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.

Cash forecast & Corporate Finance Support

• 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.

Transfer Pricing & Audits

• 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.

Profile

MAIN STUDIES: Degree in Business Administration or Economics LANGUAGES: Spanish and English (Fluent C1/C2), French is a plus. IT TOOLS: Office 365, SAP, XRT EXPERIENCE: Minimum of 2 years of professional experience in Financial Control, Accounting, or Financial Analysis. SKILLS 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

Additional Information

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.