What are the responsibilities and job description for the Senior Accountant position at AG Jeans?
AG was launched in 2000 by Yul Ku, a pioneer in the denim industry. While their DNA is rooted in denim, AG's evolution from an exclusively premium denim brand to a contemporary lifestyle brand began in 2008, when they introduced sportswear for men and women. Since then, the design team have focused their efforts on seamlessly integrating complete collections that reflect the true sensibility of the brand: Chic. Sophisticated. Classic.
Senior Accountant will report to the Controller and will be responsible for month-end close process and monthly reconciliation process of key balance sheet items ensuring the integrity of accounting information. Senior accountant will also play a key role in developing and training staff accountants and guiding other staffs in the department in the accounting principle and internal control related matters under the supervision of Controller.
Month-end Close Responsibilities:
- Analyze JDE monthly integrity report and correct the irregularities to ensure integrity of ERP system and accounting information
- Perform month-end close activities in adherence to the month-end close checklist
- Prepare monthly financial review packages in cooperation with Controller
- Participate in monthly financial review process and conduct follow up analysis of variances identified
Monthly Reconciliation Activities:
- Reconcile key bank accounts (or review bank reconciliation works of staff accountants)
- Reconcile and maintain inter-company accounts including transfers, dividends and payments to and from affiliated entities
- Reconcile retail stores to the corporate account transfers
- Train staff accountants on prepaid & amortization schedules and review their works
- Reconcile Fixed Assets & Construction in Progress
- Maintain and review fixed asset listing & monthly depreciation entry prepared by staff accountants
- Work closely with the IT department to determine the correct treatment and capitalization of computer/software assets and construction in progress
Annual Financial Review and Compliance Responsibilities
- Annual Financial Review – Assist Controller in preparation of financial review supporting documents and schedules. Interact with external CPA firms as needed.
- Compliance - Assist Controller in the completion of various tax returns, filings, registrations, property taxes, etc
- Perform other ad-hoc reporting as needed
Requirements:
- Bachelor’s degree in Accounting or related field
- 4-6 years of work experience in general accounting, which includes month-end close processes
- Strong knowledge of GAAP and familiar with internal control system and procedures
- Experience with bank reconciliation and cash accounts
- Experience maintaining various balance sheet items such as prepaid accounts, accrual accounts and deferred rent liabilities and others
- Experience with fixed assets
- Advanced Excel skills and attention to detail (V-lookup, pivot table, etc)
- Strong Analytical and problem solving skills
- Strong communication skills
Salary : $95,000 - $100,000