Job Summary/Purpose
The Sales Audit Analyst is an integral contributor to Prada's finance team, and is an experienced finance professional who will directly contribute to the success of the Company. The role of the Sales Audit Analyst is to ensure Prada’s internal policies & procedures, guidelines, and, financial integrity around sales and revenue processes comply with regulatory standards and industry practices. The position is responsible for reconciling the Retail network’s sales to the funds received via all tenders collected, monitoring cash management compliance, and providing daily retail support in all related areas.
Responsibilities
- Prepare and perform daily account reconciliations between the POS & funds collected for all retail sales (ie. cash, credit card, etc.) and ecommerce channels.
- Analyze and research discrepancies and continuously follow up with the retail teams for explanations/resolutions. Partner with the IT department on SAP and terminal discrepancies, as needed.
- Review the monthly concession settlement statements for accuracy and reconcile sales with payments received. Ensure all expenses charged are approved by the appropriate departments and reconcile “Returns from Other Locations” to confirm all returned products were received back at the original store of purchase.
- SAP receivable account clearings with balance sheet and P&L postings.
- Monitor, compile, and submit evidence to dispute Credit Card chargeback claims. Collect related documentation and supporting details from the retail store teams to meet submission deadlines.
- Process customer refund requests (i.e.. ACH, check, or wire) and coordinate with the retail store team and the A/P department for payment execution.
- Perform SAP inventory movements for lost products reimbursed through UPS.
- Contribute to month-end financial closing: prepare and book monthly credit card fees and expense accruals.
- Report Monthly Net Sales to the retail landlords for rent calculations.
- Monitor the Group Retail Finance emails daily and assist/respond to store requests as needed.
- Partner with Retail Operations and Loss Prevention to enforce internal controls and to ensure stores follow the proper cash operational procedures.
- Assist with audits, compliance, and special projects as necessary, working closely with other Finance areas and relevant departments throughout the Company.
Requirements
- Bachelor’s Degree in Accounting or Finance preferred.
- Minimum 2-3 years of relevant experience.
- Retail industry experience is a plus.
- Experience with ecommerce marketplace reconcilations
- Knowledge of basic accounting principles and experience with booking journal entries.
- SAP experience is a plus.
- Knowledge of retail POS systems.
- Advanced proficiency in Excel (i.e.. Pivot tables & V-lookups) required.
- Strong analytical, research, and problem-resolution abilities (including follow-up), with a high degree of accuracy & attention to detail.
- Strong time management skills - detail and deadline-orientated, with great multi-tasking skills. Works well under pressure and tight deadlines.
- Customer Service oriented - excellent interpersonal & communication skills (written & verbal)
- Agile and able to work in a fast-paced environment.
- Team-oriented and flexible in assuming new responsibilities as they arise.
- Ability to work independently with minimal supervision.
This position will be paid an hourly rate that may range from $31.25-$36.00, annualized from $65,000 - $75,000, and if applicable, may be eligible for commission, bonuses and other incentive opportunities.