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Accounting Manager

J.McLaughlin

J.McLaughlin

Accounting & Finance, Sales & Business Development
Brooklyn, NY, USA
Posted on Wednesday, February 21, 2024

Why J.McLaughlin?

J.McLaughlin was founded in 1977 by brothers Kevin and Jay McLaughlin with a mission to create an American Sportswear brand that offered two key components: classic clothing with current relevance and a retail environment that has a neighborhood feel. The J.McLaughlin brand has always been more about style than fashion: straightforward, unpretentious, and devoid of the superfluous. Our clothing is rooted in the tradition of sport, work, and play. With over 150 retail locations, each store is entirely unique, attentively designed to reflect the town's color, character, and architecture. This attention to detail extends to exemplary customer service and local philanthropic engagement.

Our “Culture of Kindness” creates an environment with respect, politeness, consideration, and empathy that creates a family like atmosphere and focuses on giving back to the community. The company has an entrepreneurial spirit which fosters great experience and career opportunities, complemented with our great incentive benefits programs.

Overview

J.McLaughlin is a specialty American Sportswear and Accessories brand headquartered in New York. J.McLaughlin has the reputation for being “local and loyal”, building meaningful relationships within the each community and providing customers with highly personalized service. We are a growing company with a focus on our culture of kindness, cultivating an exceptional atmosphere in which to work and shop.

We are seeking an accounting professional to assist the Director of Accounting in managing the accounting team. This job will be a hybrid position with part of the work week spent in the office.

Responsibilities include:

  • Inventory
    1. Monitor and analyze inventory data to identify trends and variances while providing business insights to various internal stakeholders.
    2. Review inventory aging, excess, and obsolescence.
    3. Manage and reconcile inventory accounts to ensure financial accuracy and compliance and create necessary journal entries monthly.
  • AP & Leases
    1. Oversee the accounts payable team and the lease accountant.
  • Audits
    1. Facilitate annual & state audits by responding to audit requests and addressing audit findings.
  • Close Process
    1. Assist the Director of Accounting with the financial close process (retail month, quarter, and year-end)
    2. Guiding accounting staff to ensure quality and timeliness of deliverables and entries.
    3. Help drive the reduction of the close timeline by streamlining close-related activities.
  • Process / System Improvement
    1. Review existing processes, structures, and systems to identify improvement. opportunities with a focus on simplification, standardization, and optimization, especially the reduction of manual, Excel-based activities.
    2. Evaluate, develop, implement, and monitor accounting and operational policies and procedures for owned areas, with an emphasis on improving accuracy and timeliness, reducing risk, and strengthening compliance.
    3. Partner with the Director of Accounting to continuously evaluate systems and procedures to ensure that the operations of the department are being run in the most efficient and effective manner and aligned with company objectives.
    4. Manage and/or support the implementation of system improvement initiatives.

Skills and qualifications

  • Bachelor’s degree in accounting, finance, or a related field from a four-year accredited college.
  • Proficiency in inventory accounting principles and methods is vital. You should be well-versed in using inventory management software and familiar with accounting standards and regulatory compliance related to inventory accounting.
  • Strong excel skills; CPA designation preferred, not required. Retail experience is an asset.
  • Team player with the ability to thrive in a fast-paced environment.
  • Demonstrated process leadership capabilities.
  • Excellent written and verbal communication skills to collaborate with cross-functional teams and present financial data effectively.
  • Must be flexible, with the ability to adapt to changing business needs and facilitate change in a dynamic work environment.
  • Highly Proficient in Microsoft Office applications especially Excel, Great Plains accounting system and other similar accounting / finance systems.
  • Proven analytical skills, with the ability to interpret data, conduct variance analysis, and make data-driven decisions.
  • Precision and a keen eye for detail are necessary to maintain accurate financial records.
  • A proactive problem-solving attitude to address discrepancies and improve processes.

Equal Opportunity

J.McLaughlin is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status..