Accounting Associate

Salary Range $62,000 - $80,000*
Job Description:
Salary Range $62,000- $80,000*
Who We Are:
Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.
On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.
Role Summary:
The Accounting Associate will be responsible for performing general accounting functions within the company and facilitating the month-end close process, reporting directly to the Sr. Manager, Accounting & Financial Reporting. This individual will also provide strategic support and analysis as needed.
A successful individual in this role is a self-motivated, adaptive, eager learner who can manage and prioritize an evolving workload in a fast-paced environment with minimal supervision. The ideal candidate will have an analytical mindset, strong work ethic, heightened attention to detail and a desire for continuous process improvement. They will be able to work well cross-functionally and form relationships throughout the Company.
Key Qualifications:
Required Qualifications (Minimum Requirements):
1-2 years of accounting experience required; Big 4 experience preferred
Bachelor’s degree in Accounting or equivalent
CPA designation or equivalent a plus
Strong understanding of US GAAP and SOX/internal controls
Proficiency in Microsoft Excel (Pivot tables, v-lookups, sumifs, etc.)
Preferred Qualifications
A strong team player with the ability to effectively collaborate across departments
An expert in multi-tasking with the ability to manage several high-priority projects simultaneously
Detail-oriented and analytical providing high-quality work while meeting tight deadlines
Excellent verbal and written communication skills with the ability to communicate effectively across all levels of the organization and cross-functionally
Proven experience researching and analyzing accounting standards and regulatory guidance
Ability to work both independently and within a team
Experience using Workday or FloQast
Role Description:
Facilitate month-end closings by ensuring the accurate and timely completion of the team’s close-related responsibilities;
Prepare period-end journal entries, account reconciliations, and account analyses with appropriate internal control documentation and support;
Prepare balance sheet and income statement fluctuation analyses;
Prepare the accounting evaluation, conclusions, and maintain the ongoing accounting treatment of new agreements;
Help drive the reduction of the close timeline by assessing and streamlining close-related activities;
Facilitate both internal and external audits ensuring complete, timely and accurate responses to information requests;
Continuously evaluate internal controls in light of changing systems/processes and work with Internal Audit to identify and implement necessary control changes;
Assist in assessing the impact from and implement the required changes to systems, process, policies and procedures due to new accounting standards, regulatory changes, changes in business strategy, cross-functional and other operational changes. Assist with driving change management by working with IT and other key stakeholders related to any associated changes;
Review existing processes, structures, and systems to assist in the identification of improvement opportunities with a focus on simplification, standardization and optimization consequently reducing manual, Excel-based activities;
Research technical accounting issues, prepare policy memos, and ensure that company policies are in compliance with GAAP;
Maintain chart of accounts, cost centers, and locations to support financial reporting to meet the needs of Saks management;
Contribute to the preparation of internal and external financial reporting requirements;
Drive a culture of compliance, inclusivity, continued learning and support;
Assist with on-going company initiatives and projects.
Your Life and Career at Saks:
Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.
A culture that promotes a healthy, fulfilling work/life balance
Benefits package for all eligible full-time employees (including medical, vision and dental).
An amazing employee discount
Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

• The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.