New York | Senior Analyst, Accounts Payable Job at Marc Jacobs

Marc Jacobs New York, NY 10012

JOB DESCRIPTION:

Marc Jacobs International, powered by the creative genius of Marc Jacobs, seeks a Senior Analyst to join the Accounts Payable team based in its New York City (SoHo) headquarters. Marc Jacobs International is part of the Louis Vuitton Moet Hennessy (LVMH) fashion division and operates in the wholesale and direct to consumer retail markets.

RESPONSIBILITIES:

Perform the day-to-day processing of accounts payable transactions to ensure company purchases, freight, duties, and commissions are recorded in an effective, timely and accurate manner and that invoices are paid on time. Main activities include but are not limited to:

  • Receive invoices and ensure digital archive is set up and preserved
  • Verify invoices based on traditional three-way matching principles
  • Audit vendor invoices ensuring proper authorization and GL account coding norms are respected
  • Accurately enter invoices into Accounts Payable system for payment
  • Run daily payment groups and prioritize vendor payments by due date
  • Work with vendors and internal partners to resolve quantity and/or price discrepancies and credit memos
  • Monitor accounts to ensure that payments are up to date and the company is in good credit standing with key vendors
  • Respond to inquiries from vendors, accounting and finance staff and production management in a timely fashion
  • Develop strong working relationships with vendors, approvers, and other internal contacts
  • Review vendor invoices for proper tax treatment (i.e., self-assess tax, 1099 reporting)
  • File invoices in a timely manner and ensure confidentiality and security of financial and employee documents
  • Provide reporting and administrative support on an ad-hoc basis including:
  • Maintain complete invoice files by vendor
  • Supporting audit (internal/external) and reporting requirements for invoice related data
  • Provide payment details and support to internal contacts and vendors
  • Provide technical support on how to use the company’s AP system to internal users

QUALIFICATIONS:

  • Must have, at least, 5 years in accounts payable handling manufacturing factory vendors, freight carriers and US Customs, or 1-3 years cost accounting experience
  • Knowledge of Accounts Payable and maintaining general ledger systems
  • Knowledge and experience with 3-way matching, updating PO status and resolving quantity/price variances
  • Knowledge and experience in handling vendor payments for factory vendors, freight carriers, US Customs, and purchase commissions
  • Attention to detail and ability to maintain a high level of accuracy when entering invoices and generating/analyzing reports for Cost of Goods expenditures
  • Ability to critically audit expenses for proper GL coding
  • Ability to maintain focus and work under time constraints, tight month-end deadlines
  • Excellent written, verbal and listening/communication skills required when dealing with external vendors and internal contacts always ensuring appropriate representation of Marc Jacobs
  • Working knowledge of Microsoft Suite (i.e., Excel, Word), Lotus Notes
  • Experience with automated accounting systems (Microsoft Dynamics AX, SAP, Oracle)
  • General understanding of accounting practices and principles
  • Education in or a background in accounting preferred
  • In compliance with the Order of New York City’s Commissioner of Health and Mental Hygiene to Require COVID-19 Vaccination in the Workplace, candidates will need to provide proof of COVID-19 vaccination by their first day of employment.

BRAND:
FOR OVER 30 YEARS, MARC JACOBS HAS INVIGORATED THE FASHION WORLD WITH A UNIQUE DESIGN PHILOSOPHY:

PIONEERING DESIGNS.
AN IRREVERENT SPIRIT.
THE EVERYDAY AND THE EXTRAORDINARY.

LED BY THESE CODES, THE BRAND HAS BECOME A DRIVING FORCE IN THE WOMENSWEAR, BEAUTY, ACCESSORIES, FRAGRANCE AND JEWELRY INDUSTRIES.

ABOUT MARC:
BORN IN NEW YORK CITY IN APRIL 1963, MARC JACOBS ATTENDED THE HIGH SCHOOL OF ART AND DESIGN AND GRADUATED FROM PARSON’S SCHOOL OF DESIGN. AS A DESIGN STUDENT, JACOBS WAS THE RECIPIENT OF SOME OF THE SCHOOL’S HIGHEST HONORS INCLUDING DESIGN STUDENT OF THE YEAR.

IN 1984, THE MARC JACOBS LABEL WAS FOUNDED ALONG WITH BUSINESS PARTNER ROBERT DUFFY, AND HAS SINCE BECOME A GLOBAL BRAND.


SALARY RANGE:

  • $60,000 - $80,000

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