Temporary Accounts Payable Accountant
New York, NY
Temporary
Entry Level
OVERVIEW
Marc Jacobs International, powered by the creative genius of Marc Jacobs, seeks an Accounts Payable Accountant to join the Accounting team based in its New York City (SoHo) headquarters.
The Accounts Payable Accountant reports on and processes invoices related to the purchase of inventory from fabric vendors and contract manufacturers, freight carriers, US Customs and service commissions on purchases. The accountant will provide Cost of Goods Sold (COGS) reporting for the Cost Accounting team while ensuring adherence to our standards for a 3-way match (PO/Vendor Invoice/Receiver), application of account coding and allocation of costs. The accountant will seek and evaluate ways to improve the performance and operating efficiency for processing inventory invoices.
RESPONSIBILITIES
QUALIFICATIONS
ABOUT MARC
Marc Jacobs is a leading force in fashion, known for pioneering designs and an irreverent spirit that celebrates the everyday and the extraordinary. The brand continues to make its Marc: staying rebellious, unpredictable, and original. The core brand pillars are unexpected, utilitarian, urban, unisex, and unique. New York City in design and spirit, the teams thrive on relentless authenticity, a commitment to standing out, and inclusivity for all.
Founded on the vision of celebrating uniqueness and being Perfect as You Are, Marc Jacobs International is committed to building an equitable and inclusive culture. We value diversity of thought, background, and experience, recognizing these as essential to the spirit of innovation and creativity. We believe that the best candidate may come from a less traditional background or meet the qualifications in different ways.
SALARY & BENEFITS
The compensation for this position ranges from $31.25 - $36.06 an hour. The rate of pay offered will be dependent upon candidate’s relevant skills and experience. Marc Jacobs uses the published salary range as a guideline to provide our employees with market competitive pay while allowing for flexibility to recognize and reward all levels of expertise, performance, and tenure.
ADDITIONAL INFORMATION
This job description is intended to cover the core accountabilities of the position and is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.
EEO STATEMENT
Marc Jacobs International is committed to providing equal employment opportunities to all employees and applicants for employment regardless of race, color, sex, sexual orientation, gender identity, gender expression, age, veteran status, national origin, religion, disability, or any other characteristic protected by federal, state, or local law.
Marc Jacobs International, powered by the creative genius of Marc Jacobs, seeks an Accounts Payable Accountant to join the Accounting team based in its New York City (SoHo) headquarters.
The Accounts Payable Accountant reports on and processes invoices related to the purchase of inventory from fabric vendors and contract manufacturers, freight carriers, US Customs and service commissions on purchases. The accountant will provide Cost of Goods Sold (COGS) reporting for the Cost Accounting team while ensuring adherence to our standards for a 3-way match (PO/Vendor Invoice/Receiver), application of account coding and allocation of costs. The accountant will seek and evaluate ways to improve the performance and operating efficiency for processing inventory invoices.
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. Education in or a background in accounting preferred
- 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
ABOUT MARC
Marc Jacobs is a leading force in fashion, known for pioneering designs and an irreverent spirit that celebrates the everyday and the extraordinary. The brand continues to make its Marc: staying rebellious, unpredictable, and original. The core brand pillars are unexpected, utilitarian, urban, unisex, and unique. New York City in design and spirit, the teams thrive on relentless authenticity, a commitment to standing out, and inclusivity for all.
Founded on the vision of celebrating uniqueness and being Perfect as You Are, Marc Jacobs International is committed to building an equitable and inclusive culture. We value diversity of thought, background, and experience, recognizing these as essential to the spirit of innovation and creativity. We believe that the best candidate may come from a less traditional background or meet the qualifications in different ways.
SALARY & BENEFITS
The compensation for this position ranges from $31.25 - $36.06 an hour. The rate of pay offered will be dependent upon candidate’s relevant skills and experience. Marc Jacobs uses the published salary range as a guideline to provide our employees with market competitive pay while allowing for flexibility to recognize and reward all levels of expertise, performance, and tenure.
ADDITIONAL INFORMATION
This job description is intended to cover the core accountabilities of the position and is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.
EEO STATEMENT
Marc Jacobs International is committed to providing equal employment opportunities to all employees and applicants for employment regardless of race, color, sex, sexual orientation, gender identity, gender expression, age, veteran status, national origin, religion, disability, or any other characteristic protected by federal, state, or local law.
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