Retail Accounting Manager - Bethesda, MD
Avolta
Retail Accounting Manager - Bethesda, MD
With a career at Hudson, you really benefit! We Offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) 401(k) retirement plan with company match Company paid life insurance Tuition reimbursement Employee assistance program Training and exciting career growth opportunities Referral program – refer a friend and earn a bonus Compensation: $85,400.00 to $105,000.00
Purpose: The Manager of Retail Accounting manages the monthly close process for the retail business, ensuring accurate financial reporting and compliance. This role supports the Director of Retail Accounting in maintaining the integrity of retail accounting systems and serves as a key liaison with external auditors.
Essential Functions:
- Manages monthly retail accounting close process including revenue recognition, costs of goods sold, inventory accounting, and P&L analysis across retail locations
- Serves as liaison with Deloitte for retail accounting audit activities and prepares audit support documentation
- Supports Director with General Ledger maintenance
- Performs balance sheet reconciliations for retail-related accounts, investigating variances and issues as necessary
- Assists with documentation over key accounting processes
- Runs periodic financial reports daily during month end close; has ownership of certain balance sheet accounts
- Prepares various schedules for financial reporting and auditing; serves as an interface with external audit teams during internal control and financial statement audits
- Collaborates with Shared Services team in Netherland and India on accounts payable, vendor management, and transactional accounting support
- Works with Group Reporting team in Basel and Netherlands to respond to any open queries
Reporting Relationship: The Manager of Retail Accounting reports to the Director of Retail Accounting
Minimum Qualifications, Knowledge, Skills, and Work Environment:
Education and Experience: The combination of education and professional experience must exceed 5 years: In a technical role: Requires 5 years of experience engaged in delivering accounting programs A bachelor's degree in a program related to the functional area can count for 3 of the 5-year requirement In the industry: 3-5 years of hospitality, F&B and/or retail experience CPA or progressive work towards CPA preferred
Specialized Training: Training that leads to understanding of GAAP Knowledge of state and federal tax regulations and statutes
Specialized Skillset/Competencies/Traits: Advanced proficiency in Microsoft Excel and SAP; General Ledger experience a plus Strong analytical and problem-solving skills with excellent attention to detail Excellent organizational and time-management skills; proven ability to manage competing priorities and meet tight deadlines Exceptional customer service skills; strong communication and interpersonal skills Business acumen and also has the mindset required to understand the long-term implications of accounting to advance the organization's goals Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances Demonstrated history of creating and maintaining positive work environments
Location: This position is based at the North America Support Center in Bethesda, MD
Avalta, including Dufry, HMSHost Corporation, Hudson, and affiliates ("the Company"), is an equal opportunity employer. It is the Company's policy to ensure equal employment opportunity in all aspects of employment and to comply with anti-discrimination laws and regulations. The Company prohibits discrimination and harassment of any type and provides equal opportunities to applicants and team members without regard to actual or perceived race, color, creed, age, religion, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, national origin, disability, military service and veteran status, ancestry, citizenship status, marital status, protected medical condition as defined by applicable state or local law, genetic information, or any other basis protected by applicable federal, state or local laws and ordinances (referred to as "protected characteristics").
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