Senior Accountant
3 days ago
RE-IMAGINA - PLAY YOUR PART. EVOLVE ICONIC.
At Ferragamo, we're more than just building a Brand We are redefining luxury fashion.
Committed to evolving and innovating sustainably, we bring a unique blend of elegance and modernity that has always defined us. with the unique blend of elegance and contemporary that have always defined us. We make our clients feel energized, surprised, and valued. All with an unwavering passion for Italian craftsmanship.
You're more than just joining a Team.
We are proud of our inspiring and engaging spirit. In each of our stores around the world, you will find passionate, positive, and empathetic colleagues creating lasting impressions for life. Together, we drive excellence and innovation, while taking responsibility for our decisions. We win together with Passion. Thinking and succeeding as one team.
Together, let's evolve iconic.
Founded in 1927 by Salvatore Ferragamo, the Group is a key player in the global luxury industry, known for its expert craftsmanship and exquisite range of shoes, leather goods, apparel, silk products and accessories. Our dynamic team, consisting of approximately 3,800 committed professionals, is based across our Florence Headquarters and regional offices around the world and also extends to around 400 directly operated stores throughout Europe, the Americas and Asia. Our creations are more than just unique and exclusive – they embody the heritage and savoir-faire that are the hallmarks of our Brand.
Ferragamo is certified as a Great Place to Work (learn more about the certification here).
Senior Accountant
Salary Range: $85,000-100,000
Secaucus, NJ
The Senior Accountant & Treasury Analyst will be responsible for managing key aspects of treasury and accounting functions, ensuring accurate financial reporting, liquidity management, and bank and balance sheet accounts reconciliations for US and Canada. The role involves system administration of treasury tools, managing banking activities, preparing cash flow forecasts, and supporting real estate and other general accounting activities.
Accountant Responsibilities:
o Regularly reconcile treasury suspense and other general ledger accounts, investigating and resolving any discrepancies.
o Prepares general ledger entries by maintaining records, files, and reconciling accounts.
o Maintain general ledger accuracy, including fixed assets, accruals, and prepaid schedules.
o Perform monthly financial closing entries.
o Month-end activities related to ending inventory / COGS recordings and reporting by product category.
o Support intercompany and intra-company accounting and ensure proper eliminations and reconciliations.
o Assist in the preparation of financial statements and reports for management and external auditors.
o Support compliance with internal controls and accounting policies, aligned with IFRS
o Perform bank, suspense accounts, and other balance sheet reconciliations
o Support with other accounting tasks as needed (e.g., real estate, retail, business licenses, etc.)
Treasury Analyst Responsibilities:
o Administer treasury management system, including defining and maintaining user roles, access permissions, and system rules.
o Support the integration of new merchant acquirers or payment gateways to facilitate seamless payment processing.
o Accurately record and monitor all bank activities through the Treasury system, and treasury-related journal entries ensuring timely and accurate entry of transactions.
o Record, track, and analyze all bank fees, interest expenses, and other treasury-related costs, ensuring proper accounting and budgeting.
o Monitor cash balances and borrowing requirements to optimize working capital.
o Propose internal bank transfers between accounts, ensuring cash is managed efficiently across all operational accounts
o Prepare month-end Cash Flow statement as well as projections for corporate
o Draft short-term cash flow forecasts and plans, providing management with clear insights on liquidity requirements and cash position.
o Partner with FP&A and accounting teams to improve cash visibility and forecasting accuracy.
This is not inclusive of all responsibilities and may be changed by management at any time.
Qualifications & Preferred Skills
- Bachelor's degree in Accounting, Finance, or related field.
- Minimum of 4-6 years of experience in accounting, treasury, or financial operations, ideally within a multinational organization.
- Knowledge of IFRS or GAAP particularly related to foreign exchange, intercompany, and consolidation principles.
- Excellent communication skills, strong attention to detail and accuracy, and ability to work independently and manage multiple priorities.
- Proficiency in accounting, treasury, and ERP systems (SAP a plus) as well as Microsoft Office Suite (Excel, Word, PowerPoint)
- CPA or equivalent certification preferred as plus
OUR DEI COMMITMENT TO YOU
At Ferragamo, you can play your part and express your uniqueness. We are committed to building a diverse workplace in which inclusivity is valued in all its forms – gender, age, disability, race, ethnicity, nationality, culture, religious beliefs, and sexual orientation. As an Equal Opportunity Employer, we welcome and consider applications from all candidates regardless of their personal background.
Vaccination RequirementFerragamo USA Inc. d/b/a Salvatore Ferragamo is committed to maintaining a safe and healthy work environment for all our employees. As part of our ongoing efforts to prioritize the well-being of our staff and customers, we strongly encourage all staff to remain current with CDC-recommended vaccinations.
Equal Employment Opportunity Statement
Ferragamo USA Inc. and its subsidiaries is an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy) or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability or membership in any other protected class under applicable law.
Disability Accommodation
Ferragamo is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
The expected annual base salary range for this role is between $85,000 to $100,000. The salary range is subject to change and may be amended in the future. Experience, education, relevant skill set, location and other factors are considered when determining the salary offered.
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