Financial Analyst - Accounts Receivable / Accounts Payable

Job Description

Reporting Relationships: The Financial Analyst AP/AR (Gilt City) reports to the Manager – Speciality Processing

Company Description:

Hudson’s Bay Company is one of the fastest-growing department store retailers in the world.  In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, Saks OFF 5TH, Find @ Lord & Taylor, and Home Outfitters. In Europe, HBC’s banners include GALERIA Kaufhof (the largest department store group in Germany), Galeria INNO (Belgium’s only department store group), and Sportarena. At HBC we are a company of adventurers who explore uncharted territory, challenge convention, and work with imagination and fun.  

Major Responsibilities:

The Financial Analyst - Accounts Receivable / Accounts Payable (Gilt City) is responsible for the billing (invoicing) and cash application (Order to Cash) process to support the Gilt City business. Additionally, this role will support expense invoice activities as workload permits.

Role Responsibilities:

1. Issuing all receivable invoices from AR module of Oracle Fusion
2. Application of all customer receipts
3. Collection of overdue invoices
4. Maintain aging report to be presented to AP / Shared Services Management monthly
5. Maintain Accounts Receivable Zen-desk ticketing system within agreed service level agreement
6. Preparing invoices for payment and daily payment runs for Accounts Payable
7. Maintain auto-debits payment file ensuring these are posted to the AP ledger
8. Maintain appropriate back up to assist with revenue recognition
9. Working with business partners to ensure invoices are approved and coded in accordance with company policy
10. Creditor account reconciliations
11. Support period end accounts payable close and associated reconciliations

Qualifications

Personal Characteristics:

The successful candidate is an expert communicator, with the ability to build strong business relationships beyond the finance team. He/she has excellent organizational and time management skills and exercises good judgement, while understanding the importance of confidentiality. He/she is a self-starter, a problem-solver and is comfortable working in an ever changing environment, with strict deadlines.

Professional Qualifications:

• A minimum of 1-3 years of experience in accounts payable or finance and an understanding of internal controls, financial systems, and processes.
• Proficient in Microsoft Excel, with a working knowledge of ERP systems (Oracle GL / Oracle Fusion preferred)
• Experience with AP/AR, monthly and quarterly close process, and customer account reconciliations
• Experience working in a multi-currency environment
• Experience in the retail industry is preferred, as is experience from publically traded entity

Educational Credentials:

Bachelor degree, with business or accounting background preferred

Chartered Professional Accountant (CPA, CA) designation is preferred (completed or in progress)