Financial Operations Analyst, Sales Audit
- The Business Of
- 0 - 3 years
- Bengaluru
- 3 months ago
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Job Description
Company DescriptionRalph 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 Position Overview
The Retail Finance Operations Analyst is a member of the India Sales audit team performing tasks for allocated Ralph Lauren stores and Ecommerce activities in Europe and responsible for ensuring that Sales, Cash/Credit card settlements and Accounts receivable are completely and accurately accounted for and reported in the financial reporting
In this context the Analyst partners with other team members to ensure that Sales and Cash/Credit card settlements are reconciled, and differences are investigated and resolved in a timely manner
The Analyst performs the accounting of Retail accounts receivables and is thus in charge of the completeness and accuracy of the financial reporting for that area, under both US GAAP and local EU statutory requirements
The Analyst takes part into multiple projects as the Retail environment evolves constantly and as new stores open-up, new payment methods are developed, new partnerships with payment providers are signed, etc Given the nature of his/her role he/she partners with numerous and diverse partners both internally (store managers, retail operations, IT, accounting, FP&A, P&D, etc) and externally (banks, payment providers, cash handling companies, etc) and is thus a key actor of the Retail / Ecommerce activities in Europe Essential Duties & Responsibilities
Perform & be primary support to team members on month-end close activities for the areas of responsibilities: journal entries, balance sheet accounts reconciliations, analytical reviews, research etc Coordinate the collection of documents and responses for both external and internal auditors Perform/Support investigation & resolve issues b/w retail systems to ensure completeness and accuracy of Sales data recorded in the Financial Utilize Trintech's ReconNet software to reconcile cash & credit cards between the POS, PSP Settlement, and Bank Ensure daily Sales, credit card, PSP & Bank data is loaded into ReconNet, perform data integrity/completeness check, and resolve any differences Review daily cash and credit card activity and research any variances Investigate and resolve differences, Escalate, and partner with UK team when needed Report regularly to Manager and UK team regarding potential write-offs and partner with UK team members to resolve aged differences Experience, Skills & Knowledge
Bachelor's degree in Finance/Accounting/Business
Pursuing or completed CWA, CPA, CA, CMA, ACCA or similar qualification a plus
Minimum 2 years related experience in Finance and/or audit/assurance
Advanced proficiency level in Microsoft excel (macros, pivots, query, etc)
Experience with Trintech ReconNet, SAP and Island Pacific a strong plus
Fluency in English is mandatory Excellent written and verbal communication skills
Strong attention to detail and Analytical skills
Ability to work well both independently as well as within a team environment Ability to adhere to tight deadlines and escalate issues timely Must be able to maintain an exemplary degree of professionalism in all situations
Job Classification
Industry: Printing & PublishingFunctional Area / Department: Sales & Business DevelopmentRole Category: Sales Support & OperationsRole: Sales Operations / EnablementEmployement Type: Full timeContact Details:
Company: The Business OfLocation(s): Bengaluru+ View Contact
Keyskills: sap operations writing auditing finance reporting communication skills
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