Manager of Retail Accounting

Hudson, Maryland, United States of America
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Retail Accounting Manager - Bethesda, MD

With a career at Hudson, you really benefit! We Offer:

  • Health, dental and vision insurance
  • Generous paid time off (vacation, flex or sick)
  • 401(k) retirement plan with company match
  • Company paid life insurance
  • Tuition reimbursement
  • Employee assistance program
  • Training and exciting career growth opportunities
  • Referral program – refer a friend and earn a bonus

Compensation: $85,400.00 to $105,000.00 

Purpose: The Manager of Retail Accounting manages the monthly close process for the retail business, ensuring accurate financial reporting and compliance. This role supports the Director of Retail Accounting in maintaining the integrity of retail accounting systems and serves as a key liaison with external auditors.

 

Essential Functions:

  • Manages monthly retail accounting close process including revenue recognition, costs of goods sold, inventory accounting, and P&L analysis across retail locations

  • Serves as liaison with Deloitte for retail accounting audit activities and prepares audit support documentation

  • Supports Director with General Ledger maintenance

  • Performs balance sheet reconciliations for retail-related accounts, investigating variances and issues as necessary

  • Assists with documentation over key accounting processes

  • Runs periodic financial reports daily during month end close; has ownership of certain balance sheet accounts

  • Prepares various schedules for financial reporting and auditing; serves as an interface with external audit teams during internal control and financial statement audits

  • Collaborates with Shared Services team in Netherland and India on accounts payable, vendor management, and transactional accounting support

  • Works with Group Reporting team in Basel and Netherlands to respond to any open queries

 

Reporting Relationship: The Manager of Retail Accounting reports to the Director of Retail Accounting

 

Minimum Qualifications, Knowledge, Skills, and Work Environment:

  • Education and Experience: The combination of education and professional experience must exceed 5 years:

    • In a technical role: Requires 5 years of experience engaged in delivering accounting programs

      • A bachelor’s degree in a program related to the functional area can count for 3 of the 5-year requirement
  • In the industry: 3-5 years of hospitality, F&B and/or retail experience

  • CPA or progressive work towards CPA preferred

  • Specialized Training:

    • Training that leads to understanding of GAAP
    • Knowledge of state and federal tax regulations and statutes
  • Specialized Skillset/Competencies/Traits:

    • Advanced proficiency in Microsoft Excel and SAP; General Ledger experience a plus
    • Strong analytical and problem-solving skills with excellent attention to detail
    • Excellent organizational and time-management skills; proven ability to manage competing priorities and meet tight deadlines
    • Exceptional customer service skills; strong communication and interpersonal skills
    • Business acumen and also has the mindset required to understand the long-term implications of accounting to advance the organization’s goals
    • Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
    • Demonstrated history of creating and maintaining positive work environments
  • Location: This position is based at the North America Support Center in Bethesda, MD

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