Senior Sales Audit Analyst

Prada Group•New York, NY

1d•$90,000 - $100,000

About The Position

The Senior Sales Audit Analyst is responsible for the day-to-day sales review for multiple stores, payment method and date, reconciling payments with bank deposits, credit card, gift card and online payments. Investigate discrepancies between POS and payment settlements and follow up on missing or delayed deposits. Assist manager on miscellaneous projects and responsible for the timely and accurate processing of the company’s accounts receivable. Direct report to Director of Accounts Receivable.

Requirements

Bachelor’s degree in Business, Management, Finance, Accounting, or Economics
Proven experience 3+ years in finance roles with retail or sales operations
Interpersonal, problem-solving and time management skills
Solid organizational skills, including attention to detail and multi-tasking skills
Ability to delegate effectively
Ability to work independently and within a fast-paced environment
Understanding of retail operations, POS, sales strategies, and compliance standards
Strong technical research ability
Previous experience with SAP S/4
Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively.
Strong analytical and problem-solving abilities
Ability to lead and motivate teams, fostering a collaborative and productive work environment
Strong working knowledge of Microsoft Office

Nice To Haves

Relevant certifications are a plus

Responsibilities

Review daily sales transactions, invoices, receipts, discounts, refunds, voids, returns and other retail transactions for accuracy
Reconcile POS sales with cash, credit/debit card settlements, bank deposits and accounting records
Identify discrepancies such as cash shortages/overages, duplicate transactions, unusual discounts or missing deposits
Analyze sales data and trends to identify errors and potential fraud
Investigate suspicious transactions and employee/customer activity and escalate potential fraud to management
Evaluate the effectiveness of sales and cash-control procedures and recommend improvements
Research chargeback and negotiate its resolution
Ensure Account Reconciliation aging is current
Account Receivable Reconciliation
Work with store operations, finance, accounting, IT and Loss Prevention teams to resolve recurring discrepancies and clean-up of existing credits where applicable
Prepare audit reports, variance reports, exception reports, and management dashboards
Collaborate with store managers and merchandising teams to address operational issues, improve sales processes, and ensure accurate reporting of sales transactions
Ensure stores follow company policies, financial controls and audit standards
Prepare financial reports related to accounts payable, including aged payables and cash flow forecasts