Accounting Specialist

Recruiter
Peter Millar
Location
Durham, North Carolina (US)
Posted
22 Jun 2022
Closes
22 Jul 2022
Function
Finance
Contract Type
Permanent
Hours
Full Time

Peter Millar was founded in 2001 with a single cashmere sweater. Through this initial garment, an ethos emerged to embody luxury, elegance and a dedication to superior craftsmanship. Today the brand has grown to include luxury performance sportswear, seasonal resort apparel, refined tailored clothing, and sartorial accessories. Each offering features the finest raw materials and fabric innovations while utilizing the world’s best yarn spinners, artisanal workshops and highly specialized factories.

The Accounting Specialist will help manage all aspects of Peter Millar financial accounts, with particular focus on aspects of Bank Reconciliation, accounting for Gift Cards, Fixed Assets support and CONCUR Expense Report Audits. 

 

ESSENTIAL FUNCTIONS

  • Perform daily cash review and monthly bank reconciliations
  • Review and validate CONCUR expense reports for all employees 
  • Support Fixed Asset Accountant
  • Manage Gift Card program
  • Assist with Month End duties
  • Perform other duties as assigned by the Assistant Controller

Daily cash review and bank reconciliations:

  • Reconcile cash received by type (e.g., Amex, MC, Visa) for all internal stores
  • Investigate and resolve internal stores cash discrepancies
  • Daily update of Cash Flow projection file
  • Daily update of WEB bank settlements for A/R clearing
  • Prepare and book month end cash adjustment entries
  • Reconcile Wires received against applied AR
  • Prepare monthly bank reconciliation

CONCUR Expense Report and CONCUR Detect:

  • Process weekly expense reports and book weekly expense journal entries
  • On a daily basis, review and follow up on reports flagged for audit due to infractions. 
  • Maintain CONCUR master data (New Vendors, New GL accounts, New users, etc.)

Fixed Assets:

  • Support FA Accountant with various FA related projects

Gift Card Program:

  • Monthly Gift Card analysis and reconciliations
  • True up Partner Store movements; reimburse for PM gift Cards redeemed in Partner Stores and Partner gift cards sold redeemed in PM stores
  • Update monthly gift card entries (cards issued, Crown Cards issued, e-Gift cards issued
  • Order Clutch cards for retail team

Other Month End Duties:

  • Calculate and book GOGS allocation for PM and GFORE
  • Prepare and send invoice to Empire
  • Reclass Barstool Redemptions
  • Other Month End duties as assigned

 

COMPETENCIES:

  • Excellent analytical skills
  • Attention to detail must be high
  • Ability to collaborate with a multi-department team
  • Self-motivated
  • Excellent verbal and written communication skills
  • Experience with Concur, Microsoft Dynamics, Excel and Word

 

DESIRED EDUCATION AND EXPERIENCE:

  • BS/BA in accounting
  • 2-3 years of accounting experience

At Peter Millar we created a close-knit culture that thrives on the power of our people. Everyone knows that their team has their back and are willing to jump in and help when needed. We take care of our people through great benefits such as health insurance & 401(k), clothing allowances, generous Paid time off and employee discounted access to products.

 

If you are applying for this position through indeed or another 3rd party, please know we do not ask for any personal financial or confidential information prior to interviews. If you are contacted and asked to do this, please report this to the posting site immediately.