Position Overview
The successful candidate is joining the inventory accounting team – responsible for all the accounting aspects of Sales, Cost of Sales and Inventory for EMEA. Further to this, the team is responsible for forecasting inventory valuation adjustments in the Balance Sheet and P/L and oversees the standard cost setting process.
The candidate’s primary responsibilities will be to perform accounting functions and analyses for certain areas/divisions of the Company’s Inventory Accounting. Additionally, the candidate will be responsible for providing accounting assistance in support of all facets of the closing, forecasting and reporting process, as well as providing support and all required documentation for internal and external audits with respect to Inventory Accounting to ensure compliance with SOX and statutory reporting requirements.
The candidate will contribute to the development of continuous process improvement initiatives and best practices through leverage of technology and effective collaboration & communication.
Essential Duties & Responsibilities
Day-to-day
Analyze and prepare journal entries and accruals related to Inventory Accounting Monthly Close
Prepare monthly detailed reconciliations and account analysis
Analyze sales reconciliation and investigate discrepancies
Review sales and margin and analyze manual postings
Understanding trend of actuals and to use for monthly forecasting.
Implement control checkpoints prior to the Close to proactively flag major system-driven discrepancies and ensure correction is carried out within the period
Maintain and review documented procedures and ensure compliance with SOX requirements
Support of internal and external audits
Identify process improvement and efficiency enhancement opportunities and support these
Assist with ad-hoc assignments and special projects as and when required by management
Other
Identify and drive process improvement and efficiency enhancement opportunities
Perform ad-hoc analysis in support of new businesses/initiatives (new store opening, eCom country opening, sourcing initiatives, inventory liquidation, etc.)
Assist with ad-hoc assignments and special projects as and when required by management.
Maintain and review documented procedures and ensure compliance with SOX requirements.
Experience, Skills & Knowledge
Results orientated, flexible, resourceful, and self-motivated with the ability to manage multiple deliverables
Advanced analytical skills/ “out of the box” thinking to logically question and proactively flag potential issues
« Can-do » and problem-solving attitude
Strong time-management skills, and ability to adhere to tight deadlines
Strong customer service to the business and senior management
Excellent communication and organizational skills (written and verbal)
Ability to work independently, to deliver under pressure in a complex/matrix-type environment
High system proficiency (multiple systems handling)
Excel and SAP proficiency
Experience in audit, finance and/or accounting
University degree in accounting, finance, business or economics or work equivelant
Experience within the retail or multi-unit industries a plus