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Sales Auditor
Fendi
New York
Luxury Fashion, Luxury Menswear
Full time
Posted 1 month ago
Copied
Market: NY - New York
Industry Segment: Luxury Fashion, Luxury Menswear
Category: Finance
Seniority: Associate
Job Type: Full time

Marketplace Role

As a service to our candidates we present 1000’s of luxury industry roles as part of our Marketplace offering. For these jobs you will be forwarded to the brand to apply directly.

Job Description

Position:

Reporting to the Director of Accounting, the Sales Auditor supports the sales audit process including monthly cash and tender reconciliations as well as calculation of related month end accruals. Additionally, the Sales Auditor provides ad-hoc support to other departments to support store audits and physical inventory physical counts.

Job Responsibilities

  • Perform daily reconciliation of cash and credit card for free standing stores and Ecommerce
  • Perform weekly reconciliation of sales for Leased Department Stores concessions (Lds)
  • Perform monthly reconciliation of sales related to Farfetch
  • Partner with stores to validate and resolve discrepancies
  • Manage claims for unreconciled distant returns credits for Lds
  • Prepare and present monthly Kpi sales audit reports
  • Monitor cash sales transactions over $10k
  • Review credit card fees for all brands and prepare accrual for month-end close
  • Prepare cash reconciliations for retail stores and main accounts (credit card) receivables, cash in transit, customer deposits, store credits)
  • Prepare monthly Lds Accounts Receivable reconciliation
  • Reconcile sales and payments of periodic employee and family sales (braderie)
  • Reconcile and monitor deposits taken during Mto events
  • Document processes and recommend improvements
  • Train retail team on controls/policies
  • Coordinate with credit card processor regarding credit card terminals and inquiries
  • Liaise with armored pickup transportation to ensure stores are receiving their cash pickups
  • Provide support in store opening/closing (incl. merchant Id, credit card terminals, armored car, Sap mapping)
  • Manage business licenses in liaison with the external provider
  • Prepare annual credit card reporting per Lvmh requirements
  • Provide ad-hoc support to other departments (including for store audits, inventory physical count, braderie sales)
  • Escalate concerns to Director, Accounting and Cfo, and propose alternative processes

Additional information:

Required Skills, Knowledge and Attributes

  • 2+ years of relevant experience, preferably in a retail environment
  • Bachelor’s Degree in Accounting or Finance preferred Advanced
  • Microsoft Excel skills
  • Knowledge of Sap (Sap4 Hana) and/or Stealth is a plus
  • Self-starter with a strategic mindset, able to define priorities and stick to target timelines
  • Strong organization skills and communication skills including verbal and written communication
  • Highly solution orientated
  • Team player with high levels of integrity and trust
  • Ability to lift boxes / weight of up to 10lbs Foreign language skill a plus

About Fendi
The house of FENDI was established by Adele and Edoardo Fendi in Rome in 1925. The opening of the first FENDI boutique – a handbag shop and fur workshop followed. Soon winning international acclaim, FENDI emerged as a brand renowned for its elegance, craftsmanship, innovation and style. The collaboration with the late Karl

Lagerfeld began back in 1965 and lasted 54 years, in 1992 Silvia Venturini Fendi seconded him in the Artistic Direction. In 1994 she is given responsibility of Leather Goods Accessories and then the direction of the Menswear line. In 2000 the LVMH Group acquires FENDI becoming in 2001 its majority shareholder.

In September 2020 Kim Jones is appointed Artistic Director of Couture and Womenswear, while Delfina Delettrez Fendi, fourth generation of the Fendi family, joins the Maison as Artistic Director of Jewelry.

Today FENDI is synonymous with quality, tradition, experimentation and creativity. www.fendi.com @fendi

Sales Auditor
Fendi
New York
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Sales Auditor
Fendi
New York

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