Temporary Accounts Payable Accountant

Marc Jacobs•New York, NY

2d•$31 - $36•Onsite

About The Position

Marc Jacobs International, powered by the creative genius of Marc Jacobs, seeks an Accounts Payable Accountant to join the Accounting team based in its New York City (SoHo) headquarters. The Accounts Payable Accountant reports on and processes invoices related to the purchase of inventory from fabric vendors and contract manufacturers, freight carriers, US Customs and service commissions on purchases. The accountant will provide Cost of Goods Sold (COGS) reporting for the Cost Accounting team while ensuring adherence to our standards for a 3-way match (PO/Vendor Invoice/Receiver), application of account coding and allocation of costs. The accountant will seek and evaluate ways to improve the performance and operating efficiency for processing inventory invoices.

Requirements

Must have, at least, 5 years in accounts payable handling manufacturing factory vendors, freight carriers and US Customs, or 1-3 years cost accounting experience.
Education in or a background in accounting preferred
Knowledge of Accounts Payable and maintaining general ledger systems
Knowledge and experience with 3-way matching, updating PO status and resolving quantity/price variances
Knowledge and experience in handling vendor payments for factory vendors, freight carriers, US Customs and purchase commissions
Attention to detail and ability to maintain a high level of accuracy when entering invoices and generating/analyzing reports for Cost of Goods expenditures
Ability to critically audit expenses for proper GL coding
Ability to maintain focus and work under time constraints, tight month-end deadlines
Excellent written, verbal and listening/communication skills required when dealing with external vendors and internal contacts always ensuring appropriate representation of Marc Jacobs
Working knowledge of Microsoft Suite (i.e. Excel, Word), Lotus Notes
Experience with automated accounting systems (Microsoft Dynamics AX, SAP, Oracle)
General understanding of accounting practices and principles

Responsibilities

Perform the day-to-day processing of accounts payable transactions to ensure company purchases, freight, duties and commissions are recorded in an effective, timely and accurate manner and that invoices are paid on time.
Receive invoices and ensure digital archive is set up and preserved
Verify invoices based on traditional three-way matching principles
Audit vendor invoices ensuring proper authorization and GL account coding norms are respected
Accurately enter invoices into Accounts Payable system for payment
Run daily payment groups and prioritize vendor payments by due date
Work with vendors and internal partners to resolve quantity and/or price discrepancies and credit memos
Monitor accounts to ensure that payments are up to date and the company is in good credit standing with key vendors
Respond to inquiries from vendors, accounting and finance staff and production management in a timely fashion
Develop strong working relationships with vendors, approvers and other internal contacts
Review vendor invoices for proper tax treatment (i.e. self-assess tax, 1099 reporting)
File invoices in a timely manner and ensure confidentiality and security of financial and employee documents
Maintain complete invoice files by vendor
Supporting audit (internal/external) and reporting requirements for invoice related data
Provide payment details and support to internal contacts and vendors
Provide technical support on how to use the company’s AP system to internal users