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Finance Intern

Posted 17 Jul 2024
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Work experience
0 to 1 years
Full-time / part-time
Full-time
Job function
Degree level
Required languages
English (Fluent)
Dutch (Fluent)

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ABOUT THE BRAND

At Karl Lagerfeld, we are driven by Karl’s mantra: “Embrace the present and invent the future.”

Always contemporary and forward-looking, the House of KARL LAGERFELD shares the creative vision and design aesthetic of its iconic founder, Karl Lagerfeld.

We are the only fashion house that carries Karl’s name on its door and we strive to live up to this responsibility in everything we do, every day, with the utmost joy and passion.

Our headquarters in Paris and in Amsterdam are home to a highly diverse and driven team of KARL family members that hail from over 50 countries. Together, we aim to create meaningful stories and product concepts that connect to Karl’s world and iconic attributes.

Women’s & Men's ready-to-wear, bags, small leather goods, swimwear and underwear are managed directly from our Amsterdam headquarters, while other categories, including footwear, fragrances, eyewear and more, are developed with best-in-class licensing partners.

We connect with our consumers on multiple levels, ensuring that our online and offline approach goes hand in hand. We thrive to maximize consumer engagement via more than 200 KL stores worldwide, our premium wholesale partners, and our strong digital footprint, spearheaded by our KARL.COM flagship store, which reaches 96 countries. Our digital channels currently represent more than 30% of our overall full-price business.

We are a dynamic, fast-growing and inclusive company built on professionalism and strong values. At KARL LAGERFELD we’re committed to working toward the highest standards of sustainability and integrity across all areas of our business. In 2019, KARL LAGERFELD joined as a founding member of the Fashion Pact, a global sustainability initiative seeking to transform the fashion industry through objectives in three areas: climate, biodiversity and ocean protection.

The Role

The Finance Intern supports with providing relevant, reliable and timely financial information to Management and other stakeholders so that they can make informed decisions and meet compliance requirements

Key Responsibilities:

  • Assist in performing accounting and administrative duties related to the efficient maintenance and processing of accounts payable transactions, including payments:
  • Create and maintain the vendor's master files thoroughly and accurately, by the company’s policy and generally accepted accounting practices
  • Review all invoices for appropriate characteristics and documentation before recording them in the system
  • Record all approved invoices as directed and/or as specified by the procedures/policies of the company
  • Review all invoices for appropriate characteristics, documentation and required authorization before payment
  • Keep track of all approved invoices in order to ensure that they are paid within the specified period
  • Prepare payments of duly approved invoices and any other duly payments that have to be made by the company
  • Record the bank transactions related to payments and ensure a daily accurate reconciliation between the bank system and the accounting system
  • To reconcile vendors' statements, research, and correct discrepancies
  • Organize and maintain up-to-date financial records and ensure that all transactions are backed up by adequate underlying documentation
  • Prepare and review reconciliations timely, accurate, and in compliance with company guidelines and other applicable accounting standards
  • Assist with other projects/tasks as needed

Profile:

  • Good skills in financial accounting: debit/credit, balance sheet, Income statement, month close, reporting;
  • Good knowledge of VAT
  • Good understanding of processes and procedures;
  • Organizing and prioritizing
  • Attention to detail and accuracy
  • Solid communication skills
  • Problem-analysis and problem-solving skills
  • Professional integrity and confidentiality
  • Ability to meet deadlines
  • Outcome-oriented: the result of the task + relationship with stakeholders;
  • Ability to communicate with internal/ external stakeholders;

Start date: ASAP / Available for 6 months / Full-Time

Please note that we can only consider your application if you are enrolled for the full duration of your internship at your school or university. Also, due to Dutch legislation, you have to be in possession of European nationality or study in the Netherlands.

Why #TEAMKARL? (HQ)

  • Learning and development courses/trainings
  • Opportunity to make an impact
  • Working in the heart of Amsterdam
  • And exclusive sample sales only for #TEAMKARL

Fashion icon Karl Lagerfeld is globally renowned for his cutting-edge, aspirational and relevant approach to style. Under his creative direction, the KARL LAGERFELD fashion house is rooted in a DNA that’s accessible-luxe and cool; its signature aesthetic combines timeless classics with a modern, rock-chic edge.
KARL LAGERFELD’s portfolio includes ready-to-wear for men and women, childrenswear, bags and small leather goods. Additional…


Fashion icon Karl Lagerfeld is globally renowned for his cutting-edge, aspirational and relevant approach to style. Under his creative direction, the KARL LAGERFELD fashion house is rooted in a DNA that’s accessible-luxe and cool; its signature aesthetic combines timeless classics with a modern, rock-chic edge.

KARL LAGERFELD’s portfolio includes ready-to-wear for men and women, childrenswear, bags and small leather goods. Additional collections include watches, eyewear, footwear, perfumes, candles and fashion jewellery. In 2016 the company launched bridal fine jewellery and KARL LAGERFELD PARIS, which brings Parisian-inspired styles to North America. In 2018, it launched the KARL LAGERFELD X KAIA collection — designed with model-of-the-moment Kaia Gerber — which was the company’s largest collaborative project to date.

KARL LAGERFELD’s expanding network includes over 100 mono-brand points of sale worldwide, plus a premium wholesale presence in Europe, the Middle East and Asia. The global flagship store on KARL.COM reaches 96 countries and reflects KARL LAGERFELD’s expertise in engagement through digital innovation.

Retail
Amsterdam
125 employees