Staff Accountant - Wholesale
J.Crew · New York, NY
- On site
- Full-time
- $80,000 / year
- New York, NY
Job highlights
- Maintain wholesale accounting records and receivables.
- Prepare invoices, general ledger entries, and financial reports.
- Collaborate with internal teams for timely sales recognition.
- Assist with financial close, audits, and compliance.
- Requires 1-3 years of accounting experience.
About the role
Staff Accountant - Wholesale
J.Crew is seeking a Staff Accountant, Wholesale to support our new channel strategy. This role reports to the Senior Manager of Accounting.
Responsibilities:
- Maintain accounting records related to the wholesale business, including follow-up with customers, collection and allocation of payments, monitoring customer account details for non-payments, delayed payments and other irregularities.
- Track and report wholesale receivables, revenues and expenses by channel and customer.
- Prepare customer invoices; general ledger entries including the accounting for sales and returns, cost of goods sold, and inventory accruals.
- Ensure purchase order processing and accounts receivable activities by wholesale account are accurately tracked.
- Liaise with merchants, production, logistics and inventory control to ensure timely recognition of sales and cost of goods sold as well as accurate forecast.
- Support Wholesale leadership and legal on due diligence process for substantial wholesale contracts.
- Assist with the financial close for the J. Crew and Madewell wholesale channels.
- Reconcile and assist in analyzing balance sheet and P&L variances.
- Prepare ad hoc reports and analysis to support management decision making.
- Assist with the external audit process, including preparation of audit requests.
- Assist with compliance with Section 404 of Sarbanes Oxley.
Education And Experience:
- 1 to 3 years of practical accounting experience, preferably in wholesale and/or the retail industry or fashion/apparel.
- Excellent oral and written communication skills.
- Strong MS Excel knowledge.
- CPA preferred but not required.
- SAP experience a plus.
Key skills/competency:
- Staff Accountant
- Wholesale Accounting
- Accounts Receivable
- Financial Close
- Balance Sheet Reconciliation
- P&L Analysis
- Auditing
- Sarbanes Oxley (SOX)
- MS Excel
- SAP
Skills & topics
- Staff Accountant
- Accountant
- Wholesale Accounting
- Retail Accounting
- Financial Reporting
- Accounts Receivable
- General Ledger
- Financial Close
- Audit Support
- Sarbanes Oxley
How to get hired
- Tailor your resume: Highlight your accounting experience, especially in wholesale, retail, or fashion, and emphasize your MS Excel skills.
- Showcase relevant skills: Mention any experience with SAP or CPA qualifications if applicable to stand out.
- Address the 'why J.Crew': Connect your passion for lifelong learning and brand affinity to your application.
- Prepare for interviews: Be ready to discuss your experience with financial close, reconciliations, and audit support.
Technical preparation
Master MS Excel functions for financial analysis.,Review accounting principles for wholesale transactions.,Familiarize yourself with SAP or similar ERP systems.,Understand Sarbanes Oxley compliance basics.
Behavioral questions
Describe managing multiple customer accounts.,How do you ensure accuracy in financial reporting?,Share an experience of improving a process.,How do you handle tight deadlines during financial close?
Frequently asked questions
- What are the key responsibilities of a Staff Accountant at J.Crew?
- The Staff Accountant at J.Crew will maintain wholesale accounting records, track receivables and revenues, prepare invoices and general ledger entries, liaise with various departments for timely recognition of sales, and assist with financial close, audits, and compliance with Sarbanes Oxley.
- What education and experience are required for the Staff Accountant role at J.Crew?
- J.Crew requires 1 to 3 years of practical accounting experience, preferably in wholesale, retail, or the fashion/apparel industry. Strong MS Excel knowledge is essential. A CPA is preferred but not required, and SAP experience is a plus.
- Does J.Crew offer benefits for a Staff Accountant?
- Yes, J.Crew offers a comprehensive benefits package including medical, dental, vision insurance, family planning support, fitness discounts, an associate discount on products, and paid time off. They also offer Summer Fridays and a Winter Break.
- What is the salary range for the Staff Accountant position at J.Crew?
- The salary range for the Staff Accountant position at J.Crew is $72,500.00 to $89,750.00 annually. The final salary will depend on factors such as experience, geographic region, and internal equity.
- Is this a remote or on-site position for the Staff Accountant role at J.Crew?
- The job description mentions a hybrid work model and closing the office at 1:00 PM on Fridays during the summer, suggesting a hybrid or on-site arrangement. Specific details would be confirmed during the hiring process.
- What is J.Crew's approach to Diversity, Equity, and Inclusion for this Staff Accountant job?
- J.Crew is deeply committed to Diversity, Equity, and Inclusion, welcoming job applicants of all backgrounds and providing equal opportunity. They strive to build a community and culture that fosters belonging.