Senior Internal Auditor at Farfetch

Porto, Porto District, Portugal

Farfetch Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Luxury Fashion, E-commerceIndustries

Requirements

Candidates must hold a degree in finance, compliance, or a related subject, and possess at least five years of experience in SOX compliance audit or internal/external audit. Strong project management skills, the ability to work in a fast-paced environment, and reporting/data visualization skills are essential. Fluency in English, both written and spoken, is mandatory.

Responsibilities

The Senior Internal Auditor will undertake SOX control implementation and testing activities, internal audit assignments, and ad-hoc tasks, working closely with the Head of Internal Audit and other team members. They will perform and lead internal audits, follow up on previously reported audit findings, assist in interpreting data, analyzing results using various tools and techniques, and developing databases and data collection systems. The role also involves partnering with Finance, Farfetch Technology (FTech), and other business teams to understand data flows and repositories, identifying process improvement opportunities, and performing test of design and test of operating effectiveness as part of the Sarbanes-Oxley audit.

Skills

SOX Compliance
Internal Audit
External Audit
Data Visualization
Reporting
Data Analysis
Project Management
Database Development
Data Collection

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters
2007Year Founded
$682.9MTotal Funding
IPOCompany Stage
Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Health Insurance
Flexible Work Hours
Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.
Farfetch faces challenges in maintaining its presence in the Chinese market.
The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.
The platform offers modular, API-enabled technology for luxury fashion brands.
Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.
Farfetch can capitalize on Yoox Net-A-Porter's exit from China.
Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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