Director of Accounting

Director of Accounting

ID:  10682
Location: 

New York, US

WHY WORK FOR VALENTINO

 

A career in Maison Valentino is your chance to grow in a reality where business and creativity meet and thrive in an inclusive, and open-minded community. 

 

WHAT WE BELIEVE IN

 

Maison Valentino believes in a colleague-centric approach, where our contribution and behaviors as individuals are the secret of our success as a community. Each Valentino colleague is crucial to guarantee that every need in Valentino is met with mastery, creativity, uniqueness, and care.

 

Valentino offers a hybrid working schedule with three days in office, and two days remote. This role is a full-time permanent position based in our New York Office.

WHO ARE WE LOOKING FOR

 

The Director of Accounting, reporting to the Americas CFO, manages through her/his leadership all Accounting Operations: Accounts Receivable, Accounts Payable, General Accounting, Lease Accounting, Cost Accounting, Treasury and Taxes across the USA, Canada and Mexico.


The Director of Accounting functions in a leadership role, collaborating with internal business partners inclusive of the Italy Corporate Headquarters.

 

Responsibilities will include:

 

LEADERSHIP

 

  • Provide leadership, guidance, and mentorship to the extended accounting team, including setting team member goals, facilitating training, and fostering professional development.
  • Collaborate effectively with the Americas management team and maintain strong working relationships with peers at Valentino Headquarters in Milan, seeking guidance when necessary, sharing best practice etc.
  • Manage a variety of vendor relationships related to income tax, governmental agencies, auditors, banks, insurance etc.

 

ACCOUNTING//MONTH-END CLOSE PROCESS

 

  • Direct for US, Canada and Mexico
  • Accurate 5 days month-end close process (income statement and balance sheet) in accordance with IFRS and US GAAP.
  • Accounts payable functions include but not limited procurement, contract reviews, invoice review and recording, weekly payments etc.
  • All accounts receivable includes but not limited picked tickets approval, new client creation, payment management, chargeback analysis etc.
  • Lease Accounting and IFRS16 includes but not limited store lease review, right of use asset, lease liability, impairment etc.
  • Cost Accounting and Gross Margin
  • Tax accounting includes but not limited sales tax, income tax, quarterly tax provision, deferred tax etc.
  • Financial reporting in partnership with FP&A Manager

 

GOVERNANCE

 

  • Serve as a "champion" for best practices, standard operating procedures, and internal controls, working closely with both internal and external auditors as well as Valentino stores.
  • Oversee risk management through insurance policies and claims handling.
  • Ensure the integrity of accounting data within the SAP S4H system and the Valentino consolidation tool.
  • Support sustainability reporting initiatives.
  • Manage tax and treasury functions by leveraging relationships with banks, tax advisors, governmental agencies, and other relevant entities.

 

Requirements:

  • Bachelor’s Degree in Accounting, Finance or Business Administration required
  • CPA required
  • Must have Retail and Wholesale accounting experience
  • SAP S4H experience
  • Proven leadership and team management experience
  • Advanced Microsoft Excel and PowerPoint skills
  • Demonstrated highest standards of accuracy and precision; highly organized
  • Excellent verbal and written communication skills
  • Ability to think creatively, highly-driven and self-motivated
  • Strong organizational skills

 

Salary Range: $170K-$180K (based on experience)

HOW WE ARE

 

The Valentino ecosystem is home to a wide and extraordinary pool of talents, each colleague contributing with their unique attributes, nurturing a culture of inclusivity and equality. Inspiring sense of belonging, passion and engaging colleagues are the bases of our inclusive and multifaceted world.

Employment Type:  Permanent
Working Time:  Full-time