Ralph Lauren

Ref #:

W167388

Department:

Finance

City:

Nutley

State/Province:

New Jersey

Location:

United States

Workspace Description

Ralph Lauren maintains a balanced approach to work arrangements, emphasizing both flexibility through hybrid options and the importance of in-person collaboration.

North America corporate employees (excluding remote and regional roles) work from the office 2-3 days weekly. Some roles require a more frequent office presence.

This policy aims to foster learning, strengthen company culture, and promote effective collaboration through face-to-face interactions.

Pay Range: The pay range for this job is $63500 - $100000 annually; actual pay is dependent on experience and geographic location.

Benefits: Base pay is only one part of our employee value proposition, which includes a robust benefits package, above-market time off, hybrid working arrangements, incentive compensation, where applicable, and varied learning opportunities.

Pay Range Max

100000

Pay Range Min

63500

Company Description

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.

At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview

The successful candidate for Senior Accountant, Retail RTR/Lease Accounting must possess well-rounded accounting experience, along with strong analytical and general ledger knowledge. Responsibilities will include performing all detailed general ledger accounting functions and analysis for certain areas/divisions of the Company’s Retail business as well as the review of lease agreements, accounting functions and analysis for the Company’s North America lease portfolios along with supporting areas of the closing and reporting process. Additionally, the candidate will be responsible for assisting finance functions including planning, forecasting and reporting of the rent and occupancy expenses. This individual will also be involved in ad-hoc projects as necessary.

Essential Duties & Responsibilities

• Maintain and close SAP general ledger monthly for the North America lease portfolio
• Perform detailed review and analysis of lease agreements and track all related activities
• Create and maintain certain lease amortization schedules in CoStar
• Prepare monthly account reconciliations and analyses, including ROU assets and lease liabilities, etc.
• Prepare accurate monthly forecasts and annual plans for multiple divisions
• Partner with various teams, including Lease Administration, FP&A, Legal, and Real Estate
• Maintain and close SAP general ledger for various Retail divisions monthly
• Analyze and prepare journal entries and accruals
• Prepare monthly detailed reconciliations and account analysis
• Accumulate and review/analyze the monthly financial results and prepare variance analysis, as requested
• Partner with the Financial Planning & Analysis teams to perform close activities and review/understand key drivers
• Assist in the design and implementation of process improvements and best practices
• Maintain and review documented procedures and ensure compliance with SOX requirements
• Assist in the accumulation and preparation of the monthly reporting package containing information required for external filing and the quarterly and annual audits
• Assist with the audit process by completing requested schedules and partnering closely with external auditors
• Assist with ad-hoc assignments and special projects
• Understanding of lease accounting concepts and practices
• Experience in lease / contract review and analysis
• Results orientated, flexible, resourceful, and self-motivated with the ability to manage multiple deliverables
• Strong analytical and detail-oriented background
• Strong verbal and written communication skills
• Must be capable of working at a detailed level in a hands-on environment
• Strong time-management skills, and ability to adhere to tight deadlines during the month-end close process
• Experienced in managing and driving improvements and change within an accounting/finance function
• Strong ability to work as a team and independently (when required).
• Proficiency in Microsoft Office, particularly Excel, and lease administration system (CoStar)

Experience, Skills & Knowledge

• 3-5 years of experience – Ideally, will be a mix of Public/private US GAAP experience, with Big 4 audit firm experience preferred
• BS in Accounting required; MBA a plus, CPA or individual sitting for the CPA Exam preferred
• Experience with SAP, Hyperion/Essbase, CoStar
• Retail or Wholesale experience a plus

Ralph Lauren will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance laws.

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