Sales Audit Analyst Jobs

Job Summary/Purposes

The role of the Sales Audit Analyst is integral in ensuring Prada’s internal policies and 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. We are searching for an experienced finance professional to join our team to assist in performing these functions and contributing to the success of the Company.

Responsibilities

• Monitor the Group Retail Finance emails daily and assist/respond to store requests as needed.
• Perform SAP inventory movements for lost products reimbursed through UPS.
• Partner with Retail Operations and Loss Prevention to enforce internal controls and to ensure stores follow the proper cash operational procedures.
• Process customer refund requests (ie. ACH, check or wire) and coordinate with the retail store team and the A/P department for payment execution.
• 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.
• Prepare and perform daily account reconciliations between the POS & funds collected for all retail sales (ie. cash, credit card, etc.). 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.
• SAP receivable account clearings with balance sheet and P&L postings.
• Contribute to month-end financial closing: prepare and book monthly credit card fee and expense accruals.
• Report Monthly Net Sales to the retail landlords for rent calculations.
• Assist with audits, compliance and special projects as necessary, working closely with other Finance area and relevant departments throughout the Company.
• 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.

Requirements

• Knowledge of basic accounting principles and experience with booking journal entries.
• Minimum 2-3 years of relevant experience.
• SAP experience is a plus.
• Knowledge of retail POS systems.
• Team-oriented and flexible in assuming new responsibilities as they arise.
• Agile and able to work in a fast-paced environment.
• Bachelor’s Degree in Accounting or Finance preferred.
• Ability to work independently with minimal supervision.
• Advanced proficiency in Excel (ie. Pivot tables & V-lookups) required.
• Retail industry experience is a plus.
• 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)
• Strong analytical, research, and problem-resolution abilities (including follow-up), with a high degree of accuracy & attention to detail.

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.