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Staff Accountant

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Job Description - Staff Accountant


Our Brand

MCM (Modern Creation München) is a luxury lifestyle goods and fashion house founded in 1976 with an attitude defined by the cultural Zeitgeist and its German heritage with a focus on functional innovation, including the use of cutting-edge techniques. Today, through its association with music, art, travel, and technology, MCM embodies the bold, rebellious, and aspirational. Always with an eye on the disruptive, the driving force behind MCM centers on revolutionizing classic design with futuristic materials. Appealing to the 21st Century Global Nomad generation - MCM’s millennial and Gen Z audience is genderless, ageless, empowered, and unconstrained by rules and boundaries. 

MCM is currently distributed online and in 650 stores worldwide including Munich, Berlin, Zurich, London, Paris, New York, Hong Kong, Shanghai, Beijing, Seoul, Tokyo, Middle East and more. For further information about MCM: www.mcmworldwide.com.

Working with us:

With a highly collaborative workforce working from offices and stores around the world, MCM established a multinational/multicultural organization. To uphold the culture & value of MCM, we intend to fulfil our corporate social responsibility by implementing the following values and to comply with high degree of legitimacy and ethical standards.

Our employees make the best efforts to become high-performing individuals who reflect the diversity of the communities in which we work and live. MCM’s commitment to diversity and inclusion includes recruiting and retaining employees from diverse backgrounds and experiences, creating awareness of diversity issues and benefits, and fostering a supportive environment where inclusivity is expected and prioritized. We have zero tolerance in any form of harassment, insultation, ostracization or groundless defamation of any other person.

Accountabilities

The staff accountant plays a crucial role in maintaining the organization's financial records, preparing financial reports, and assisting in financial analysis. They work closely within the accounting team and other departments to ensure financial accuracy and compliance with relevant regulations.

Key Responsibilities

  • Maintain and update financial records, including journal entries, general ledger, and subsidiary ledgers.
  • Record daily cash clearing transactions and ensure accuracy and completeness.
  • Identify, investigate, and reconcile discrepancies in sales, cash, and credit card transactions.
  • Assist in month-end and year-end closing processes.
  • Reconcile bank accounts.
  • Prepare balance sheet reconciliations.
  • Works with store managers to correct transaction errors.
  • Reconciles and replenishes petty cash for the store locations
  • Manages Wholesale Accounts receivable.
  • Deposit check, cash application and approve credit holds.
  • Prepare audit schedules and provide necessary documentation.
  • Create reports for internal stakeholders.
  • Stay up to date with accounting standards and regulations.
  • Ensure the organization complies with financial reporting requirements.
  • Proficiently use accounting software and spreadsheet applications (e.g., Excel, SAP)
  • Learn and adapt to new accounting software as needed.

Requirements

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Strong knowledge of accounting principles, practices, and regulations.
  • Excellent analytical and problem-solving skills.
  • Proficiency in Microsoft Excel and accounting software.
  • Attention to detail and a high level of accuracy.
  • Strong organizational and time-management skills.
  • Effective communication and teamwork abilities.

  

This job description is not all-inclusive, and MCM Products USA Inc. reserves the right to amend this job description at any time. MCM Products USA Inc. is an Equal Opportunity Employer and is committed to a diverse and inclusive work environment.

Salary range reflects the good-faith hiring base salary range for this position. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, internal equity, as well as candidate qualifications such as relevant skills, experience, and education/training.


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