Analyst, Accounting - Retail

As the largest jewellery brand in the world, we a give a voice to millions of people’s loves every day. Our beautiful products empower people all around the world to express themselves. We are proud to be part of their stories and the most important moments in their lives. 

Where original thinking is welcomed, and can turn into positive impact in a heartbeat, we can dream big, dare to act, and deliver with care and passion. At Pandora where you can each craft far more than just an incredible career. 

About the Role:

The Retail Accounting Analyst is responsible for all aspects of retail segment accounting, including but not limited to fixed assets, leases, acquisitions, order to cash process in the retail and ecommerce channels. The analyst monitors all transactional activity and performs analysis on a daily basis to identify and remediate any errors. The Accountant is primarily responsible for ensuring that all financial information flows correctly through the various financial processes and is reflected accurately in the financial statements. Duties also include retail store support, cross-functional communication from stores to operations, assisting in GL activities as well as monthly close and internal control processes, and are further described below.

Responsibilites 

• Analyze assets under construction ledger for correct classification, analyze project capex spend and perform ageing analysis on old balances.
• Analyze fixed assets register for correctness and accuracy
• Control over lease activity (new store leases, modifications, terminations etc.) to review data input template prepared by GBS-Warsaw team for IFRS16 accounting - Prepare monthly Variable Rent accruals and partner with FP&A for forecasts
• Analyze Actual Variable Rent Paid
• Provide oversight on periodic sales certificates prepared for Landlords
• Attend cross-functional acquisition meetings and ensure accounting processes are followed - Prepare acquisition PPA memo and journal entries to be posted by GBS
• Analyze reports from Accounts Payable software to determine account coding for monthly accruals and ensure accuracy of GL Coding
• Provide support to US and CA retail stores, operations team/ Retail IT team
• Provide US and CA stores with banking supplies and change order details, as applicable - Establish bank accounts and armored car set up for new/acquired stores in US and CA, and continually serve as the primary contact for Armored Car process. (Currently Warsaw)
• Provide ongoing support, coaching, and supporting data to stores and Loss Prevention on discrepancies and processing issues - Analyze Property Taxes

Requirments  

• Minimum 3 years’ of solid experience working within an accounting function of global organization
• Experience from retail, fashion or FMCG industry is strongly preferred
• Attention to detail with strong analytical skills
• Highly reliable and strong sense of accountability
• Proactive thinking
• Self-motivated with ability to prioritize competing deadlines and various responsibilities
• Extensive knowledge of Excel and other Microsoft Office applications · Knowledge of and ability to work in ERP systems (AX experience a plus)
• Knowledge of and ability to work in reporting applications (HFM experience a plus)

Baltimore Salary - $76,000 - $95,000 commensurate with experience

About Pandora:  

Pandora designs, manufactures, and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.    

Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewellery at two LEED certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated a revenue of DKK 23.4 billion in 2021.    

Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors,

possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity-related elements such as a photo, marital status, and age.  

About Pandora NAM: 

The Pandora North America team in the USA & Canada consists of more than 115 employees working at our offices in New York & Baltimore, more than 80 in our Logistics Center in Columbia, Maryland, an additional 100 in field positions, and more than 3,900 in our owned and operated stores.

Today, the USA is Pandora’s single largest market. The Pandora North American region as a whole encompasses over 1,400 points of sale, including over 420 concept stores, with more than 300 being owned and operated by Pandora.