Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
The position of Senior Accountant, Shared Services RTR Accounting offers an exciting opportunity to work in a fast-paced and dynamic work environment at a Fortune 500 global leader in the retail industry. The successful candidate must possess well-rounded accounting background and experience, along with strong analytical and general ledger knowledge. The primary responsibilities will be to perform all detailed general ledger accounting functions and analysis for certain areas of the Company's Wholesale business. Additionally, the candidate will be responsible for providing accounting assistance in support of all facets of the closing and reporting process, streamlining procedures, and assisting with SOX internal control process for the Wholesale segment. We are looking for a self-starter, who is hungry for success and looking for advancement in their career. We are also seeking an individual who has experience in either Retail, Manufacturing or Consumer Packaged Goods Industries. This individual will also be involved in ad-hoc projects, as necessary.
Essential Duties & Responsibilities
Perform detailed General Ledger account reconciliations to ensure accuracy and completeness within North America's Wholesale divisions monthly through SAP. Conduct variance analysis and provide insightful explanations and discrepancies to help facilitate accurate monthly financial results. Maintain a strong understanding of debits and credits to facilitate accurate financial reporting for management. Analyze and prepare journal entries and accruals monthly, quarterly, and yearly basis. Prepare monthly income statements and balance sheets. Collaborate with cross-functional teams to resolve accounting issues and discrepancies. Partner with the Financial Planning & Analysis teams to perform close activities and review/understand key drivers of the results. Assist in the design and implementation of financial process improvements and best practices. Ensure compliance with US GAAP and company policies. Maintain and review documented procedures and ensure compliance with SOX requirements. Assist in the accumulation and preparation of the monthly reporting package containing information required for external filing and the quarterly and annual audits. Assist with the audit process by completing requested schedules and partnering with external auditors. Maintain and record accruals for AR dilution accounts. Assist with ad-hoc assignments and special projects.
Experience, Skills & Knowledge
Strong background in general ledger, reconciliations, variance analysis and a solid understanding of debits and credits. Results orientated, flexible, resourceful, and self-motivated with the ability to manage multiple deliverables and work streams Strong analytical and detail-oriented background Strong verbal and written communication skills Must be capable of working at a detailed level in a hands-on environment Strong time-management skills, and ability to adhere to tight deadlines during the month-end close process Experienced in managing and driving improvements and change within an accounting/finance function Strong ability to work as a team and independently (when required). Proficiency in Microsoft Office, particularly Excel EDUCATION AND EXPERIENCE 3-5 years of experience - Previous experience in public accounting is highly preferred, ideally a mix of Public/Private, US GAAP experience, prior audit preferred BS in Accounting required; MBA a plus, CPA or individual sitting for the CPA Exam preferred. Experience with SAP preferred, open to other large ERP system package experience (i.e. - Oracle etc.) Hyperion/Essbase a plus Experience in either Retail, Manufacturing or Consumer Packaged Goods a must (exposure in Public or Private) Hunger for learning and a strong desire to advance in your accounting career.