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Senior Accountant

Ermenegildo Zegna Group
New York, New York, United States
Closing date
7 Mar 2023

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Senior Manager
Full Time
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Job Details

The Ermenegildo Zegna Group is one of Italy's most famous family driven enterprises and a world leader in luxury menswear. Founded in 1910, Zegna is deeply grounded in history and craftsmanship, yet always at the forefront of contemporary innovation and style. We are pioneers who embrace change, take ownership of our actions and work to create the world we want. With over 500 points of sale and 7,000 employees worldwide, we're as proud of our people as our products and look for others that share our passion and commitment to excellence and authenticity.

As the Senior Accountant for Zegna, you will play a key role within the Finance group and works with the Finance staff and report to the Controller.

  • Reconciliation of US revenue and submitting to headquarters on a monthly business
  • Import and reconcile US payroll along with making adjusting entries at month end
  • Update SAP Real Estate (lease module) with new leases /amendments contract updates and manage the Journal entries for IFRS16
  • Reconciliation of all intercompany transactions between all Zegna companies
  • Importing of all T&E files into SAP, perform reclass entries, and reconciling the general ledger accounts
  • Partner directly with external tax consultants, organize and verify the preparation of requested schedules, review completed tax returns and provide feedback for approval.
  • Prepare sales reports for variable rent and submit to landlords
  • Book variable rent journal entry for the concessions, book sales accrual for current month, create invoices in SAP with actuals allowing AR to clear payment
  • Perform monthly account analysis, including accruals and prepaid and variance explanations
  • Analyze and record monthly general ledger activity for various P&L and Balance Sheet accounts
  • Assist in monthly, quarterly, and year end close processes; prepare monthly trial balance for review
  • Assist in the monthly compilation of internal financial statements for corporate management
  • Prepare and file sales tax for 35 states on a monthly/quarterly basis. Prepare use tax schedules for self-assessment.
  • Assist in year-end closing and audits; Assist with financial audits and tax audits on an annual basis
  • Become proficient the retail register system, as well as the retail reporting tool
  • Develop and maintain accounting processes and procedures to improve efficiency
  • Oversee 1 Sales Auditor: additional seasonal temp support
  • Other special projects as needed

  • Bachelor's degree in Accounting or Finance required
  • Prior sales tax experience is a must
  • IFRS 16 knowledge
  • Strong computer skills: Excel a must; SAP, SAP BPC, AS 400 and Cognos are a plus
  • Highly detail-oriented and organized
  • Analytical and problem-solving skills
  • Ability to meet a constant stream of deadlines
  • Proven ability to work both independently and collaboratively with different levels in the organization
  • Salary expectations: 100k


The Ermenegildo Zegna Group is a leading luxury menswear brand and one of the most renowned businesses in Italy. Founded in 1910 in Trivero, in the Biella Alps, by the young entrepreneur Ermenegildo, whose vision was to ethically create the world’s finest textiles through innovation and the sourcing of the noblest fibers directly from their markets of origin, the company is managed today by the fourth generation of the Zegna family with Gildo Zegna as CEO. Since the late 1980s, the company has implemented a comprehensive strategy of verticalization, creating a global luxury brand which now ranges from fabric to clothing to accessories, and is focused on retailing, pioneering early entry in emerging luxury markets, in addition to being the first luxury brand to open a monobrand store in China in 1991. In 2000 The Group established Fondazione Zegna, of which Anna Zegna is President, to manage the philanthropic activities of the Zegna family in support of organizations that work to improve society and the environment. In 2012 a new Ermenegildo Zegna project was launched worldwide: ZegnArt, an independent commitment focused on international collaboration in the field of visual arts and in February 2014, the Group announced the Ermenegildo Zegna Founder’s Scholarship, a 25-year project named for its founder with an annual investment in education of €1 million. In July 2014, to reach higher standards in its production, the Group acquired the majority share of the Achill wool farm, an Australian property located in the New South Wales region, where Merino sheep are bred. The purchase represents a decisive step for the Zegna company, reconfirming its longstanding support of the wool industry and completing its verticalization strategy.

Find Us
Via Savona 56/A Milano
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