Role & Company Overview
📋 Role Overview & Responsibilities
Job Details
Salary Range $235,000 - $305,000*
Job Description
Salary Range $235,000-$305,000*
Who We Are
Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.
On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.
Role Summary
Reporting directly to the CFO, the VP, Controller will be responsible for leading the controllership function for Saks. This role leads all accounting operational functions, oversees internal control and accounting systems, manages the accumulation and consolidation of financial data for internal and external financial statements, and drives a team of financial professionals across Accounting, Sales Audit, Financial Reporting, Payroll, Tax, and Accounts Payable.
Key Qualifications
Bachelor’s Degree in Finance/Accounting/Related field12+ years of related experience with previous experience leading the Controllership functionExperience working for a public and/or a pre-IPO company idealPrevious experience working in consumer goods/luxury/retail or digital company is a plusCPA and/or CMA license requiredStrong understanding of business operations and their accounting implicationsKeen understanding of account reconciliations an experience overseeing large transactionsPrevious experience managing the financial reporting process, overseeing review of monthly and quarterly close, account reconciliations, and large transactionsEntrepreneurial spirit with the agility to thrive in a dynamic and hyper-growth environmentSuperb leadership skills including strategic thinking, fostering teamwork, cultivating relationships, and proven experience leading teams through change
Role Description
Leads the general accounting function, including Accounting, Financial Reporting, Sales Audit, Financial Controls, Indirect Tax, Accounts Payable, and PayrollSeen as a lead subject matter expert and thought partner, providing controllership and accounting expertise for the organizationLead and develop a high performing team of financial and accounting professionals– setting clear goals, providing guidance to the team, and ensuring effective communication and collaborationPlays a significant role in any business related transactions with a focus on SOX complianceKey partner to internal, cross-company, and external stakeholders including lenders and external auditorsResponsible for smooth & timely completions of internal and external auditsOversees the P&L and timely monthly reporting and analysis of all financial activities and accounting operational functions, including review of key journal entries and account reconciliationsOversees a system of controls and risk management procedures to safeguard the organization,ensuring compliance with Generally Accepted Accounting Principles (GAAP) and other regulatory controlsOversight of large transactions and the financial reporting process, review of monthly and quarterly close and preparation of financial statementsOversees regulatory reporting, frequently including tax planning and complianceAssesses current accounting operations, offering recommendations for improvement and implementing new processesProvides executive level analysis and interpretation of financial resultsPerforms other related duties as necessary or assigned
Your Life And Career At Saks
Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate. A culture that promotes a healthy, fulfilling work/life balanceBenefits package for all eligible full-time employees (including medical, vision and dental). An amazing employee discount
Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.
Frequently Asked Questions
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Is this position eligible for remote work or visa sponsorship? ▼
This position is located in New York, NY with potential relocation and sponsorship assistance depending on candidate qualifications.
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