Retail Accountant Job Description
Retail accountant
provides expert accounting and systems knowledge to support business requirements involving projects, operational issues and systems changes.
Retail Accountant Duties & Responsibilities
To write an effective retail accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included retail accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide recommendation that support business iniatives and processes
Assisting with coordination of the annual plan and forecasting process for the retail lending business
Assisting with and/or relevant participation in projects impacting the retail lending business
Gaining and applying expertise in areas of responsibility the retail lending business
Perform monthly rent analysis
Distribute the Store P&L’s to the General Managers each month
Perform monthly rent and variable rent calculations
Expose to financial analysis and SAP implementation in late 2015 / early 2015
Identify and analyze additional needs and opportunities
Tax resolution and corporate taxes
Retail Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Retail Accountant
List any licenses or certifications required by the position: CPA
Education for Retail Accountant
Typically a job would require a certain level of education.
Employers hiring for the retail accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Business/Administration, Business, Technical, Associates, Finance/Accounting, MBA, Public Accounting, Communication
Skills for Retail Accountant
Desired skills for retail accountant include:
Desktop Windows operating systems and Office programs
English
AS400 would be an advantage
Business
Microsoft Office
AS400
Current accounting compliance issues
Written English
Accounting Systems and accounting flows
Accounting and retail systems
Desired experience for retail accountant includes:
Bachelor’s degree specializing in accounting
RETAIL accounting Experience preferred
Lease Accounting Experience highly preferred
Experience with SAP, Cognos,JDA, a plus
Work closely with monthly, quarterly, yearly closing
Handle AR/AP
Retail Accountant Examples
1
Retail Accountant Job Description
Job Description Example
Our growing company is looking for a retail accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for retail accountant
- Oversee the accounting of the company's retail stores
- Provide support for ad-hoc requests from senior management
- Understand, propose and independently establish internal control enhancements
- Maintain documentation for all work product, particularly month end closing work papers
- Peform analytical reviews and variance analysis for balance sheets and income statements
- Prepare detailed account reconcilations and accurate journal entries posted into the financial systems
- Determine accuracy of balances, figures, calculations, postings, , investigate and reconcile any differences
- Support in the preparation of budgets, monitor actual vs
- Analyze, reconcile and post journal entries assigned to accounts
- Assemble, analyze and prepare formal summaries of activity in specific financial accounts
Qualifications for retail accountant
- Review and prepare general ledger in accordance to JGAAP/USGAAP standards
- Perform balance sheet and income statements
- Input data to company ERP software
- 3-5 years work experience as an accountant
- Experience working with JGAAP and USGAAP
- At least 3 years experience in a similar accounting role, within a multinational company strongly preferred
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Retail Accountant Job Description
Job Description Example
Our innovative and growing company is hiring for a retail accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for retail accountant
- Perform other special projects as determined and assigned
- Identify accounting issues, research solutions, form conclusions and present to management
- Completes individual analytical and ad hoc projects in a satisfactory manner given abstract project guidelines
- Supporting financial and tax audit requests for information and insight
- Process improvement & make recommendations
- Observe and audit selected store inventories on sight
- Reconciliation, updating, reporting, booking and other activities related to retail inventory process including research and follow-up on store physical inventory discrepancies
- Monthly review and booking of retail inventory adjustments
- Resolve store in-transit/inventory problems
- Monthly reconciliation of book to perpetual inventory and monthly review of store inventory accounts
Qualifications for retail accountant
- At least 4-year experience in a similar accounting role, within a multinational company strongly preferred
- Comfortable using technology such computer and mobile apps
- Preparing domestic tax report
- Creating solutions for technical issues In cooperation with IT team
- Implementing SOX test of responsible area
- Merging the separate information on Sales flowing from departments and the system
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Retail Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking for a retail accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for retail accountant
- Responsible for assigned income and receivable accounts, including invoicing, account reconciliations, process documentation and improvement, reporting, and communications with internal and external business partners
- Perform various month-end journal entries
- Other duties as assigned, including monthly and designated reporting
- Proactively interact with other associates to resolve issues and/or problems
- Review of bank reconciliations and recurring cash entries
- Performs accounts receivable transactions including recording payments, processing credits and chargebacks, collections and guiding other account clerks with similar work
- Performs accounts payable transactions including issuing payments, wires and budgeting for cash flow
- Ensure the accuracy and timeliness of accounts receivable and accounts payable reporting
- Assists with month end close and financial reporting
- Assist with routine accounting functions and related activities
Qualifications for retail accountant
- Significant proficiency in Microsoft applications including Excel and Word, with Access a plus
- CPA or Book keeping (2nd grade)
- US Listed company experience with the knowledge of US GAAP / JGAAP
- Process monthly rent payments to landlords
- Process sales reporting to landlords
- Assist with monthly accrual process for retail stores
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Retail Accountant Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of retail accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for retail accountant
- Ensures timely and accurate account reconciliations
- Process and update of daily sales transactions for Retail Stores and E-commerce
- Sales audit functions of daily transactions for Retail Stores
- Sales audit functions of daily transactions for E-commerce
- Month-end and Year-end close reporting for Retail Stores
- Assist in maintaining inventory integrity for Retail Stores
- Prepare retail reporting for annual audit
- VAT accounting – prepare the monthly VAT reconciliation and complete/submit the quarterly VAT return while calculating partial exemption
- Payroll accounting – prepare/post the store and head office payroll journals, tracking severance payments and preparing balance sheet reconciliations
- Period end accounting for accruals and prepayments
Qualifications for retail accountant
- Analyze expenses at a store level to ensure proper expense reporting
- The responsibilities for this position have a high level of complexity and require the interpretation of lease contracts to accounting decisions
- Authorized to make decisions based on Company policy established over areas of responsibility
- Intermediate MS-Office (Excel, Word, ) proficiency required
- Ability to work in a fast-paced environment with fast changing priorities
- Previous retail experience desirable
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Retail Accountant Job Description
Job Description Example
Our company is hiring for a retail accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for retail accountant
- Balance sheet reconciliations and variance analysis for applicable accounts
- Processing of payments in banking system on a rota system basis
- Preparation/submission of statutory accounts for multiple legal entities
- Preparation of corporation tax packages and submission of returns for multiple legal entities, working with external tax specialists
- Ensures general ledger accounts are maintained in accordance with GAAP and SOX guidelines
- Performs journal entry preparation and entry
- Performs account reconciliations by balancing point-of-sales data and distribution center sales with daily interfaces to ensure accuracy
- Assists with monthly close process by creating income statements and compares current month to historical data to find variance and corrects information as required
- Reviews field human resources (HR) and project manager payroll submissions and performs payroll reconciliations weekly
- Works with project coordinator to receive and process documents by monthly deadline
Qualifications for retail accountant
- Ability to manage multiple tasks and meet deadlines in a fast paced environment
- Team player with a focus on internal customer satisfaction
- College graduate / two years experience needed
- Ability to prioritize work assignments and projects
- Ability to make solid decisions supported by solid documentation
- Must be willing to work extended hours during month end periods and as needed