Accounts Receivable Coordinator - SMCP

Position:  Accounts Receivable Coordinator

Location:  SMCP North America Headquarters, 44 Wall Street / 20th Floor, New York, NY  10005

COMPENSATION RANGE:  $28 - $30 Per Hour

Who We Are

SMCP is a prominent global leader in the luxury fashion market, celebrated for its Parisian Chic ready-to-wear and accessories collections.  Operating across diverse international hubs, from Shanghai to New York City, our commitment to sustainable growth defines our brand values.  With a portfolio comprising four distinguished global brands – Sandro, Maje, Claudie Pierlot, and Fursac – our influence spans 46 countries from free-standing lifestyle boutiques to leased concession shop-in-shops and off-price outlets.  Complementing our physical presence, our eCommerce websites in the U.S. and Canada extend our reach as we continue to shape the future of Contemporary Luxury Fashion across the globe. 

Visit our Global Company website at https://www.smcp.com/en to learn more. 

What Sets Us Apart as an Employer in the Global Luxury Fashion Space

At SMCP, our distinctiveness as an employer in the global luxury fashion sector lies in our unwavering commitment to Corporate Social Responsibility (CSR). Anchored by three pillars – Product, People, and Planet – our CSR strategy is a testament to our dedication to sustainability and Diversity, Equity, Inclusion, and Belonging (DEIB).  Our clearly defined core values, instilled from the top down, form the bedrock of our organizational culture.  Here at SMCP, we prioritize the well-being and satisfaction of our 6500 world-wide passionate entrepreneur team members.  Our strong financial results are bolstering or appeal as an employer, marking 2021 as our “comeback” year.  Add to this mix our uniquely coveted Parisian chic merchandise collections, and you have an employer that not only sets trends in the fashion world but also cultivates a work environment that fosters innovation, diversity, and success.  Here at SMCP, passion meets purpose, and together, we redefine the future of luxury fashion. 

What We Are Looking For

This position will partner with the rest of the Accounting and Finance teams domestically and internationally to ensure efficient and timely operations of the accounting function.

Organizational Structure - Reporting Relationships

Internal:

• Reports To: Finance Operations Manager
• Department Head: North America Controller
• Executive Committee: CFO

Essential Duties and Job Responsibilities

Job responsibilities include but are not limited to the following: 

• Prepare, generate, and send accurate invoices to customers and partners in a timely manner.
• Maintain detailed records of all billing transactions, payments, and communications.
• Reconcile customer accounts regularly to ensure accuracy and resolve any discrepancies.
• Follow up on outstanding invoices and communicate with customers/partners regarding payment status.
• Collaborate with internal teams (sales, customer service, finance) to resolve billing issues.
• Perform cash receipt applications and sales reconciliation between POS and GL.
• Conduct weekly bank reconciliations for 60+ retail locations including E-Commerce within North America.
• Research discrepancies and communicate with stores on any actions needed.
• Monitor customer accounts (AR aging) for collections process.
• Open mail, scan and archive documents, and maintain files for the Accounting Department.
• Assist with month-end close activities which would include preparing accruals, journal entries, and account analysis.
• Assist the Finance Operations Manager as needed, which would include ad-hoc assignments when required.

Principal Skills, Knowledge & Abilities Required  

• 2-3 years' experience in a related field
• Bachelor’s degree in Accounting
• Knowledge of accounting terminology, concepts, practices, and procedures
• Proficient in Microsoft Office Suite – Outlook, Word, PowerPoint, Excel. Advanced knowledge of Excel is required.
• Knowledge of Oracle & Hyperion Essbase is a plus
• Able to handle multiple tasks in an organized manner; prioritize and meet deadlines, concurrently
• Strong analytical, problem solving, and organizational skills
• Excellent written and verbal communication skills with the ability to work cross-functionally
• High level of accuracy and attention to detail
• Proven experience working independently, in a fast-paced environment

What We Will Offer You in Return!

• Health, Vision, and Dental Insurance
• Generous shopping discount
• Generous PTO Bank
• 12 corporate holidays with early dismissals the day before the holiday.
• 401K Savings Plan
• Culture of Engagement
• Career Growth Opportunities
• Flexible hybrid work schedule
• 4 completely remote workweeks per year.