Corporate - Manager - Accounting (Inventory & Inter-Company)

Requisition ID:897066
Position:Full-Time

Total Rewards:Benefits/Incentive Information

If you've worn a pair of glasses, we've already met.

We are a global leader in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses. We offer our industry stakeholders in over 150 countries access to a global platform of high-quality vision care products such as the Essilor brand, with Varilux, Crizal, Eyezen, Stellest and Transitions, iconic brands that consumers love such as Ray-Ban, Oakley, Persol and Oliver Peoples, as well as a network that offers consumers high-quality vision care and best-in-class shopping experiences such as Sunglass Hut, LensCrafters, and Target Optical, and leading e-commerce platforms.

Our portfolio of more than 150 renowned brands span various categories, from frames, lenses and instruments to brick and mortar and digital distribution as well as mid-range to premium segments. Our Shared Services Team, accompany and enable others within the EssilorLuxottica collective to achieve their targets. They keep people and projects running smoothly, ensuring every part of our business is provided for and well taken care of.

Join our global community of over 200,000 dedicated employees around the world in driving the transformation of the eyewear and eyecare industry. Discover more by following us on LinkedIn!

GENERAL FUNCTION

The Accounting Manager is responsible for the timely and accurate reporting of EssilorLuxottica inventory, related reserves, capitalizations, and certain prepaid assets in compliance with Company policies as well as working with related parties to balance inter-company transactions related to inventory purchases and sales. Strategically partners with key process owners to deliver high value, cost effective services and solutions to customers. Trains and develops associates for broader responsibilities within the Organization.

MAJOR DUTIES AND RESPONSIBILITIES

• Leads monthly closing activities including approval and preparation of monthly journal entries.
• Takes overall responsibility for quality control of General Ledger and agreement to subsidiary support (approval of balance sheet reconciliations).
• Establishes, evaluates, and records obsolescence and acquisition reserves.
• Calculates and records royalties.
• Monitors accounting for purchase discounts and allowances to ensure proper recognition in accordance with GAAP.
• Ensures adequate controls are in place and functioning as required by the Sarbanes-Oxley Act including documentation maintenance, spreadsheet controls, etc.
• Provides key inventory-related inputs to the cost of merchandise and inventory forecasts and budget.
• Prepares monthly variance analysis.
• Supports the successful transition from legacy systems to SAP.
• Implements control processes and procedures for inventory transaction flows.
• Reviews and standardizes processes, improving efficiencies while maintaining an acceptable level of internal control.
• Teams with accounts payable, central purchasing, inventory services, Tax, Lux reporting, inventory buyers, and AP accounting to address cross-functional issues; partners with brands to account for and otherwise support changing business requirements.
• Effectively communicates with management (i.e. accounting controls, initiatives, and issues).
• Effectively manages work of team by setting clear expectations, delegating tasks, and following up to ensure completion.
• Assumes additional responsibilities and assists with special projects as assigned.

BASIC QUALIFICATIONS

• Bachelor's Degree in Accounting required
• 5+ years of comparable experience
• Supervisory experience
• Strong analytical/problem solving skills
• Ability to manage concurrent responsibilities
• Ability to work independently on complex projects
• Strong verbal and written communication skills
• Solid organizational and multi-tasking skills
• Intermediate to Advanced MS Excel skills
• Makes sound business decisions and acts with integrity
• Constructively challenges the process and takes the initiative to search for opportunities to grow, improve and innovate
• Ability to learn new systems quickly
• Demonstrates willingness and ability to be a self-starter, taking the initiative to solve problems/pursue business opportunities

PREFERRED QUALIFICATIONS

• CPA and/or MBA preferred
• Knowledge of SAP and HFM

Employee pay is determined by multiple factors, including geography, experience, qualifications, skills and local minimum wage requirements. In addition, you may also be offered a competitive bonus and/or commission plan, which complements a first-class total rewards package. Benefits may include health care, retirement savings, paid time off/vacation, and various employee discounts.

EssilorLuxottica complies with all applicable laws related to the application and hiring process. If you would like to provide feedback regarding an active job posting, or if you are an individual with a disability who would like to request a reasonable accommodation, please call the EssilorLuxottica SpeakUp Hotline at 844-303-0229 (be sure to provide your name, job id number, and contact information so that we may follow up in a timely manner) or emailHRCompliance@luxotticaretail.com.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, national origin, social origin, social condition, being perceived as a victim of domestic violence, sexual aggression or stalking, religion, age, disability, sexual orientation, gender identity or expression, citizenship, ancestry, veteran or military status, marital status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy or maternity leave), genetic information or any other characteristics protected by law. Native Americans in the US receive preference in accordance with Tribal Law.