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Accounting Manager - Corporate and Consolidation Accounting

Neiman Marcus
Irving, Texas, United States
Closing date
20 Jul 2022

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Neiman Marcus Group (NMG) has been the premier destination for luxury fashion and goods, superior service, and an elevated retail experience for more than a century. Today, 9,000 associates contribute to the success of NMG's brands: Neiman Marcus, Bergdorf Goodman, Last Call, and Horchow. There are 38 full-line Neiman Marcus stores in cosmopolitan markets across the United States and a sophisticated digital platform that attracts shoppers worldwide. Bergdorf Goodman operates two stores in landmark locations on Fifth Avenue in New York City and, catering to loyal luxury customers globally. NMG also owns five Last Call stores and, an e-commerce site that offers premium furniture and home decor.

As an organization, NMG is on a transformational journey to become the preeminent luxury customer platform. NMG continues to deliver the best integrated customer experience and has evolved the business to succeed in the ever-changing retail landscape. NMG is a relationship business. What differentiates the organization from other luxury retailers are its unique assets: a strong store footprint, the most knowledgeable associates, an engaging online experience, solid brand partnerships, innovative digital and in-store experiences, the most loyal luxury customer base, and a strong balance sheet.

Our customers will always be at the center of everything NMG does. The company continues to reinvest in new technologies that enhance the customer experience. NMG meets customers where they are. NMG's goal is to offer customers a seamless experience across its stores, online, and remote digital selling.

NMG's priority is to develop a highly engaged and high-performing team where everyone belongs. The business attracts and retains best-in-class talent through unique offerings provided to associates in addition to standard employer benefits. These include an innovative way of working, associate discounts on merchandise, tuition reimbursement, associate hardship fund, and paid time off to volunteer, to name a few.

As part of NMG's Environmental, Social, Governance (ESG) work, the organization is focused on driving its core value of being "All Heart." NMG is also assessing its current environmental and social impact while developing a three-year plan to lead the luxury industry in its commitment and transparency to environmental and social sustainability. NMG strives to become an employer of choice, driven by a culture of Belonging. A dedicated team focuses on this journey, directly impacting how NMG conducts business throughout the workforce, workplace, and marketplace dimensions.

NMG has incredibly passionate and committed corporate and store associates. NMG offers associates an environment where everyone feels welcomed, nurtured, and empowered. Our associates are the heart of NMG. As an organization, NMG leads with love - love for customers, love for associates, and love for brand partners.

Job Summary

The Manager of Corporate and Consolidation Accounting is responsible for overseeing corporate accounting functions, consolidation of legal entities and the preparation of financial statements as well as supporting strategic projects and initiatives as needed. This role is responsible for ensuring compliance with applicable US GAAP and reporting requirements, timeliness and accuracy of financial statements and leading a team of accounting professionals. This position requires excellent analytical and problem solving skills, knowledge of accounting principles and systems, and strong leadership abilities. This role is responsible for developing and managing a team of professionals, optimizing processes and establishing cross-functional relationships to achieve business objectives. This role serves as a key point of contact for business partners in various other key functional areas, including Accounting/Finance, Legal, IT and Operations. The ideal candidate is skilled in project management, comfortable working in a fast-paced environment, resourceful and a strong communicator.

What You'll Do:

  • Provide direction, prioritize workload, and evaluate personnel needs with respect to the corporate and consolidation accounting team to ensure that workflow is planned and executed in a timely manner.
  • Support team development in both technical areas and soft skills, provide regular feedback and growth opportunities, and support an environment of excellence through collaboration.
  • Maintain ownership over the consolidated financial statements, including monthly full-cycle accounting, financial statement preparation and reconciliations.
  • Support, develop and provide feedback to staff and seniors in the completion of deliverabes and preparation of analysis.
  • Keep current on accounting and financial reporting standards and partner with others to ensure new guidance is reviewed, communicated and implemented with respect to corporate accounting and consolidation matters.
  • Assists with preparation of presentation materials for executives and board members as needed, including monthly financial packages, due diligence and ad hoc reporting requests.
  • Partner with cross-functional teams to coordinate and ensure timely and accurate budget and forecast submissions, support variance analysis and provide insight on financial trends to interested parties.
  • Manage relationships with third party business partners and experts, including with respect to the Company's private label credit card program.
  • Assist in the creation, implementation, and maintenance of comprehensive accounting policy documents and internal control documentation, as applicable, and partner with internal/external auditors as well as business partners across the organization to ensure understanding and compliance.
  • Review and optimize processes to improve efficiency and effectiveness, including through the use of system automation, and ensure that existing processes are operating as expected.

What We're Looking For:

  • 6-8+ years of progressive experience, including technical accounting, management and financial reporting.
  • Experience supervising remote team members and leading/growing a diverse team.
  • Undergraduate degree in Accounting, Business or related field required
  • CPA certification strongly preferred
  • Big 4 Public Accounting or similar experience preferred.
  • Extensive knowledge of US GAAP, SOX compliance, consolidation and regulatory requirements; mastery of technical research techniques and the ability to interpret and apply guidance to complex topics and transactions.
  • Familiarity with large ERP and ERM systems required; Oracle GL and EPM experience preferred.
  • Familiarity with reporting tools, including Essbase and Wdesk, preferred.
  • Strong analytical and problem solving skills, including ability to distill and communicate information to diverse audiences.
  • Demonstrated ability to coach and develop others, communicate expectations, provide constructive and timely feedback, and hold self and team accountable to established goals.
  • Ability to work independently, prioritize workload, and utilize a wide degree of creativity and latitude to accomplish goals and complete projects with minimal supervision.
  • Strong understanding of interdependencies with cross-functional stakeholders and business implications of decisions; ability to collaborate, consult and partner with all levels and work well in a team environment.
  • Excellent interpersonal skills (verbal and written) to communicate effectively across the organization.
  • Experience identifying and implementing process improvement initiatives and managing projects.
  • Ability and comfort with working and leading a team in a remote and/or hybrid environment.
  • Advanced skill in Microsoft Office and communications/collaboration tools (Excel, Outlook, Teams, OneDrive, Sharepoint, Word, etc).

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