Saks Fifth Avenue

Trainee, General Accounting

Saks Fifth Avenue  •  Republic of India (Onsite)  •  4 hours ago
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Job Description

Who are we:

Exemplar Luxury Group, formerly Saks Global, is the luxury collective that comprises iconic luxury retailers, Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer curated product assortments, unparalleled service and personalized experiences across our integrated retail model. Through strong partnerships with the world's most esteemed names in luxury and deep customer relationships enhanced by the industry's most comprehensive insights, Exemplar Luxury Group is uniting coveted brands with unrivaled customer experiences.

You Will be:

We are looking for a detail-oriented and experienced Senior Associate – General Accounting (General Ledger) to join our Finance team. The ideal candidate will play a key role in ensuring the accuracy and integrity of our financial records, leading month-end close activities, and supporting reporting and compliance requirements. This position requires strong analytical skills, accounting knowledge, and the ability to work independently as well as collaboratively in a team environment.

Role Summary:

  • Lead and perform day-to-day general ledger accounting activities including Cash & Bank
  • entries, journal entries, accruals, prepayments, Intercompany and account
  • reconciliations.
  • Oversee and support the month-end, quarter-end, and year-end close processes to ensure timely and accurate financial reporting.
  • Prepare and review balance sheet and P&L reconciliations in accordance with internal controls and accounting standards (GAAP/IFRS).
  • Analyze financial data and variances, providing insights and resolving discrepancies asneeded.
  • Support internal and external audits by preparing schedules, reconciliations, and
  • documentation.
  • Ensure compliance with corporate accounting policies, procedures, and internal controls.
  • Collaborate with cross-functional teams including Accounts Payable, Accounts
  • Receivable, Tax, and FP&A to ensure consistent financial data.

Key Qualifications:

  • Bachelor’s degree in accounting, Finance, or a related field.
  • 0-1 years of progressive experience in general ledger or financial accounting roles.
  • Strong understanding of accounting principles (GAAP/IFRS) and internal controls.
  • Proficiency in ERP systems such as Workday, SAP, Oracle, or NetSuite.
  • Advanced Excel skills (pivot tables, formulas, lookups).
  • High attention to detail, accuracy, and strong problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Experience in multinational or shared services environments.
  • Exposure to financial reporting tools (e.g., Hyperion, Power BI)

Responsibilities:

  • Understand business needs when data/case becomes complex during the month and right analysis of the same.
  • Ensure consistency in analyzing the real estate accounts, balances and its impact on reconciliation.
  • Ensure single source of truth in data.
  • Work collaboratively with other team members and On-Shore.
  • Simplify and automate processes to increase accuracy and reduce manual modes.
  • Work with other team members who are connected to the process to coordinate all process / transactional dots and strengthen the process understanding and process control.
  • Be a SME, to make sure there is proper control on the period activity which helps to understand all DR/CR balances.

Your Life and Career at Exemplar Luxury Group:

  • Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation
  • Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate
  • Comprehensive benefits package for all eligible full-time employees

Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Exemplar Luxury Group and would like to request special assistance or an accommodation, please contact candidatesupport@saks.com.

Saks Fifth Avenue

About Saks Fifth Avenue

Saks Fifth Avenue is a leading destination for luxury fashion, driven by a mission to help customers express themselves through relevant and inspiring style. Since its inception in 1924, the company has delivered one-of-a-kind shopping experiences, featuring an expertly curated assortment of fashion and highly personalized customer service. Its unique approach combines an emphasis on the digital customer experience with a strong connection to a network of 33 extraordinary locations across North America for seamless, all-channel shopping. Saks Fifth Avenue is part of Saks Global’s portfolio of top luxury retail brands and real estate assets.

Interested in joining our team shaping the future of luxury retail? Explore exciting career opportunities with us here: https://careers.saksglobal.com/us/en/.

Industry
Fashion & Apparel
Company Size
5,001-10,000 employees
Headquarters
New York, NY
Year Founded
1924
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