Senior Accountant, Retail RTR/Lease Accounting

Ralph Lauren Retail • Nutley, NJ

108d • $63,500 - $100,000 • Hybrid

About The Position

The successful candidate for Senior Accountant, Retail RTR/Lease Accounting must possess well-rounded accounting experience, along with strong analytical and general ledger knowledge. Responsibilities will include performing all detailed general ledger accounting functions and analysis for certain areas/divisions of the Company's Retail business as well as the review of lease agreements, accounting functions and analysis for the Company's North America lease portfolios along with supporting areas of the closing and reporting process. Additionally, the candidate will be responsible for assisting finance functions including planning, forecasting and reporting of the rent and occupancy expenses. This individual will also be involved in ad-hoc projects as necessary.

Requirements

• 3-5 years of experience - Ideally, will be a mix of Public/private US GAAP experience, with Big 4 audit firm experience preferred
• BS in Accounting required; MBA a plus, CPA or individual sitting for the CPA Exam preferred
• Experience with SAP, Hyperion/Essbase, CoStar
• Retail or Wholesale experience a plus

Responsibilities

• Maintain and close SAP general ledger monthly for the North America lease portfolio
• Perform detailed review and analysis of lease agreements and track all related activities
• Create and maintain certain lease amortization schedules in CoStar
• Prepare monthly account reconciliations and analyses, including ROU assets and lease liabilities, etc.
• Prepare accurate monthly forecasts and annual plans for multiple divisions
• Partner with various teams, including Lease Administration, FP&A, Legal, and Real Estate
• Maintain and close SAP general ledger for various Retail divisions monthly
• Analyze and prepare journal entries and accruals
• Prepare monthly detailed reconciliations and account analysis
• Accumulate and review/analyze the monthly financial results and prepare variance analysis, as requested
• Partner with the Financial Planning & Analysis teams to perform close activities and review/understand key drivers
• Assist in the design and implementation of process improvements and best practices
• Maintain and review documented procedures and ensure compliance with SOX requirements
• Assist in the accumulation and preparation of the monthly reporting package containing information required for external filing and the quarterly and annual audits
• Assist with the audit process by completing requested schedules and partnering closely with external auditors
• Assist with ad-hoc assignments and special projects
• Understanding of lease accounting concepts and practices
• Experience in lease / contract review and analysis
• Results orientated, flexible, resourceful, and self-motivated with the ability to manage multiple deliverables
• Strong analytical and detail-oriented background
• Strong verbal and written communication skills
• Must be capable of working at a detailed level in a hands-on environment
• Strong time-management skills, and ability to adhere to tight deadlines during the month-end close process
• Experienced in managing and driving improvements and change within an accounting/finance function
• Strong ability to work as a team and independently (when required)
• Proficiency in Microsoft Office, particularly Excel, and lease administration system (CoStar)

Benefits

• Robust benefits package
• Above-market time off
• Hybrid working arrangements
• Incentive compensation, where applicable
• Varied learning opportunities

What This Job Offers

• Industry: Apparel Manufacturing
• Education Level: Bachelor's degree