Accounts Receivable Specialist

REPORTS TO: Manager, Accounting

FLSA: Exempt

LOCATED: New York, NY (hybrid)

Welcome to Kering Beauté – Established in 2023, Kering Beauté aims to create value for the Group and its Houses. In June 2023, Kering Beauté announced that it had signed an agreement to acquire historic high-end fragrance house Creed; founded in 1760 it is known for its distinctive collections of timeless and sophisticated perfumes, including the iconic Aventus. This acquisition represents a major step for Kering Beauté. It perfectly complements Kering's existing portfolio, and immediately gives Kering Beauté a significant presence.

Kering is committed to building a diverse workforce. We believe diversity in all its forms – gender, age, nationality, culture, religious beliefs and sexual orientation – enriches the workplace. It opens opportunities for people to express their talent, both individually and collectively and it helps foster our ability to adapt to a changing world. As an Equal Opportunity Employer, we welcome and consider applications from all qualified candidates, regardless of their background. 

Why Work With Us? We care about our team members, and we offer a competitive salary of $63,000 - $70,000 , benefits such as medical, dental, vision, 401(k), paid time off, employee discounts and much more!

OVERVIEW: The Accounts Receivable Specialist is responsible for the day-to-day activities ensuring the accuracy and efficiency of the entire receivable’s operation of Kering Beauté’ s wholesale, retail, and E-commerce business. This role will provide both administrative and functional support and will provide a service on issue resolution to our retail partners through proactivity, resourcefulness, organization, and attention to detail. They will also be supporting processing related to account reconciliations and month end journal entries.

CORE RESPONSIBILITIES:

• Manages accounts receivable including credit, collections, and cash receipts posting.

• Leads the chargebacks reconciliation and weekly reporting process.

• Collaborates with Operations, Sales, and 3PL Partner Team regarding chargebacks reconciliations, investigations, and claim filings.

• Manages daily and weekly reporting of cash receipts and provides updated inputs on liquidity.

• Partners with our Specialty Division Team and leads billing and collection efforts.

• Manages specialty division customer payments using credit cards processing platform.

• Builds dynamic relationships with our Specialty Division Customers using strong communication skills and accurate information.

• Prepares monthly invoices for consignment customers and billbacks to retail partners.

• Prepares and collaborates with Accounts Payable Specialist regarding Product Specialist monthly incentive payments.

• Assists sales team in monthly staffing chargebacks reconciliation and reporting.

• Assists in monthly bank reconciliations and chargebacks accruals.

• Supports monthly financial close process of accounts receivable.

• Assists with ad hoc projects and internal inquiries.

• Provides support to fellow members of finance team as required.

• Oversees accounts receivable and collections of our boutiques and E-commerce Stores.

CORE REQUIREMENTS

• Associate’s degree in accounting, bachelor’s degree preferred

• 2+ years of experience in Accounts Receivable, Billing, Collections and/or Credit Risk, ideally familiar with National wholesale industry and chargebacks process

• Strong proficiency in SAP preferred; Knowledge of Sage 100 ERP or similar platform required

• Accuracy and attention to detail is a must

• Strong organizational skills

• Excels in collaborative work and thinking

• Multitask oriented, able to prioritize and manage multiple projects

• Ability to work in an entrepreneurial, fast-paced environment while being adaptable to change

• Comfortable working with a small team and willing to take on new challenges/opportunities