Share this Job

Sr. Director, Retail Accounting

Tapestry

North Bergen, NJ, US

Come, be part of our Tapestry.

Defined by inclusivity rather than exclusivity, Tapestry is a global house of brands that embraces the exploration of individuality. Every individual in our global house has the opportunity to make an impact, learn and be part of our growing, beautiful, and unique story.

At Tapestry, we have the freedom to express ourselves and run with our best ideas across Coach, Kate Spade New York, and Stuart Weitzman. We share a profound belief in both our individual and collective potential, and know that with hard work and dedication, anything is possible.

 

Position Summary:

The role is accountable for overseeing the activities performed by the Retail Accounting, Inventory Control and Fixed Asset teams that support all Tapestry brands.

 

Responsibilities include -

  • Oversee the transactional processing and reconciliation of retail sales and payments for 600 plus stores
  • Review accounting initiatives to ensure compliance with GAAP
  • Review balance sheet accounts, including gift card liability, credit card receivables, fixed assets, store cash accounts, judgmental reserves for returns and shrink reserve
  • Review results of physical inventories and cycle counts
  • Review monthly dashboard reporting for unusual trends including Tender Analysis, Returns Analysis, Bad Debt/Chargebacks, Over and Short, etc.
  • Evaluate cross brand processes and recommend best practices
  • Liaison with other departments including Loss Prevention, Retail Systems and Store Operations as needed on new initiatives, projects, and issues
  • Coordinate with consultant on all brand escheatment flings
  • Service the controllership in support of the month end, quarter end and year end closing deliverables. Deliverables include preparation of a quarterly close deck with balance sheet analytic and rollforwards of significant reserves
  • Build and manage business relationships within the Controllership, Brands, Regions, Functions and strategic suppliers
  • Provide overall strategic, team development and process leadership to external service partners
  • Oversee System Development and Implementation Projects, including implementation of new Sales Audit and Inventory Management systems
  • Global Process Owner for Retail Accounting and Inventory Control
  • Drive efficiencies by continuously challenging current thinking and constantly evaluating processes and systems to ensure operations and control environments are efficient and effective
  • Implement reconciliation of Order Management system to ensure proper accounting treatment
  • Coordinate all internal and external auditors request
  • Learn process flow of all transactions in order to be able to get into the detail when issues need to be researched
  • Provide guidance on any policy alignment questions and make updates as needed for any fixed asset accounting or process changes. 
  • Liaison with store construction and FP&A on any significant investments or initiatives outside of the regular course of business that require accounting input (i.e. bulk purchases, prototype assets)
  • Ensure all SOX documentation is reviewed and updated each quarter as part of certification process.  This includes ensuring team updates any required changes to RCM controls, narrative, etc. as well as ensuring global alignment on “common” controls.
  • Review any non-recurring journal entries > $500K or any entries that were entered by managers requiring one level higher review
  • Review annual CIP footnote included in the Company’s 10-K.

 

The accomplished individual will possess the following skills

  • Service delivery and mindset orientation
  • Demonstrated relationship building and maintenance, facilitation, consensus building and conflict resolution skills
  • Demonstrated ability to generate cross-group cooperation within an organization and influence change in others
  • Demonstrated effective communicator across a range of audiences (large group presentations to one-on-one meetings)
  • Demonstrated ability to motivate both direct reports, as well as influence and motivate outside of a directly reporting organization
  • Willingness to understand transactional details and apply to the “Big picture” perspective
  • Stimulating change-oriented thinking and ability to direct major change initiatives to meet the needs of the Business and the Finance organization
  • Strong planning and organizing skills
  • Strong people development skills
  • Team player

 

Experience

  • B.S. or M.S. in Accounting
  • Big 4 Experience or Public Accounting with Retail Experience
  • Certified Public Accountant (CPA) or equivalent credential
  • Demonstrated ability to manage a sizeable operation and experience managing a team
  • Experience in establishing a transformational agenda (i.e. major technology and/or process change)
  • Success in change management, and adept at gaining consensus, but also experienced in leading significant operational decision-making
  • Solid understanding of Sarbanes-Oxley certification requirements and compliance maintenance.
  • Experience working/managing with SAP-enabled process environment a plus

Tapestry, Inc. is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant’s or employee’s qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. #LI-JW1 Visit Tapestry, Inc. at http://www.tapestry.com/

Req ID:  53149


Nearest Major Market: New York City
Nearest Secondary Market: Newark

Job Segment: Retail Sales, Outside Sales, Loss Prevention, Retail, Sales