ZARA USA Looking for Chief Accountant at New York, NY Full Time

ZARA IS LOOKING FOR A CHIEF ACCOUNTANT BASED AT OUR NYC CORPORATE OFFICE (NOT REMOTE).

Started in 1975 in Spain, ZARA today is an internationally known fashion retailer represented in over 88 countries around the world. Our company requires professionalism, imagination, high energy and team spirit. ZARA will give you the means to excel. ZARA will put you into the heart of the action and the heart of its growth.

CHIEF ACCOUNTANT

Position based in our NYC Corporate Office (NOT REMOTE)

Scope of Position

The Chief Accountant is responsible for overseeing and managing all accounting operations of the company in Canada, ensuring compliance with both International Financial Reporting Standards (IFRS) and the company’s global accounting policies. The Chief Accountant reports directly to the Head of Finance and works closely with other areas, including Treasury and Tax.

Role and Responsibilities

Research and deliver a full range of Financial knowledge in compliance with Accounting Standards:

• Coordinate and review the monthly, quarterly, and annual financial close processes.
• Handle supervision of all entities financial accounting (A/R, A/P, G/L) through Corporate systems.
• Preparation and submission of required financial reports to the corporate headquarters in Spain and regulatory local authorities.
• Prepare and analyze financial statements ensuring accuracy and compliance with IFRS and company policies.
• Responsible for day to day finance and accounting operations, responsible for the review of transactions booked by the finance team, e.g. accounts payable aging, review classification for all l/t and s/t accounts, doubtful debtors, etc.
• Inventory leftover (Donation/Sales to Dealers) – responsible to book any entries related to the sales to dealers, communicating and ensuring that monies are received from third party based on the agreed contract.
• Supervision of the Intercompany cost allocation performed by the A/P department to control no differences between entities. Confirm that the monthly intercompany recharges have been invoiced.
• Supervision of fixed assets to review the reasonableness of depreciation expense and NBV per store, BPC control of acceptable accounting system movements, control CIP for store opening dates, and closed stores with movements.
• Supervision of Leases accounting impacts, deferred rent calculation, review to confirm key dates which will ensure accuracy of schedule. Confirm that all signed leases have their corresponding schedule, that all possession letters have been received from landlord, realign any schedules where there was a change in opening and/or closing date.
• Monthly close controls ‐ Request from departments any and all services performed and not billed for monthly accrual.
• Analytical review: Provide insightful financial analysis, identify unusual deviations, and take corrective actions.
• Collaborate with department heads to develop accurate cost allocation.
• Coordinate with external auditors during audits.
• Stay updated on changes in accounting regulations and proactively ensure compliance.
• Lead and mentor the accounting team, providing guidance, training, and performance evaluations.
• Foster a collaborative and high-performance work environment, promoting teamwork and professional growth opportunities.
• Ensure adequate staffing levels, manage work allocations, and provide support to resolve accounting-related issues.

Qualifications and Education Requirements

• Bachelor’s degree in Accounting, Finance, or a related field. A CPA or equivalent certification is highly desirable.
• Min 5 years’ experience in financial and management accounting particularly in the Retail industry. Preferably in multinational organizations or subsidiaries of foreign companies.
• Strong knowledge of IFRS, financial reporting standards.
• Experience with SAP systems and advanced proficiency in Microsoft Excel.
• Fluent in English (Spanish is a plus)

Preferred Skills

• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Demonstrated leadership abilities and the capacity to effectively manage a team.
• Exceptional communication skills, both written and verbal.
• Ability to adapt to a dynamic and fast-paced environment and manage multiple priorities effectively.

Annual compensation range: $86,000 – $137,000 + discretionary annual bonus

* Zara, in good faith, believes that this posted rate of compensation is the accurate range for this role at this location at the time of this posting. This range may be modified in the future. Actual compensation within that range will be dependent upon the individual’s skills, experience, qualifications, and applicable laws.

Our company requires professionalism, imagination, high energy and team spirit. Sounds like you? THEN, APPLY NOW ONLINE TODAY!

Zara USA, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, gender, gender identity and expression, sex, sexual orientation, disability, age, citizenship status, veteran status or any other characteristic protected by applicable federal, state or local laws.

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EOE/DFW