Staff Accountant

Job Description

Staff Accountant | Samsonite

The Tone:
This is a full-time, hybrid role at Samsonite, requiring 4 days on-site and 1 day remote. Samsonite is the worldwide leader in superior travel bags, luggage, and accessories, known for combining notable style with the latest design technology and the utmost attention to quality and durability. For over a century, Samsonite has created unparalleled products through its portfolio of brands including Tumi and American Tourister, selling in over 100 countries globally. This Staff Accountant role is critical for maintaining the accuracy and integrity of the company’s financial records by overseeing corporate and international cash accounts and preparing essential journal entries. The position ensures efficient month-end closing processes and provides vital accounting support across various departments within a globally recognized brand.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid

• Team: Corporate Accounting team
• Mission: To ensure the accuracy and integrity of corporate and international cash accounts and general ledger entries through meticulous reconciliation, journal entry preparation, and intercompany billing.
• Tech Stack: Excel, Microsoft Office applications, SAP (preferred), Docuware

What You’ll Actually Do
• Manage Account Reconciliations: Monthly reconcile assigned balance sheet accounts, research complex discrepancies, determine appropriate actions, and efficiently resolve differences in corporate and international cash accounts and several general ledger accounts.
• Execute Month-End Journal Entries: Prepare a variety of corporate monthly journal entries, including accruals for R&D, intercompany transactions, interest accruals, tax entries, and intercompany loan interest payment accruals.
• Facilitate Intercompany Billing: Prepare quarterly invoices for intercompany management fees and monthly invoices for intercompany IT cross charges to ensure accurate billing across entities.
• Ensure Cash Accuracy and Processing: Validate bank account balances, conduct revaluation on bank accounts, and collaborate with AP, AR, and Treasury to resolve variances in cash sub-accounts, also assisting with PO and invoice processing using Docuware.
• Provide Cross-Functional Support: Deliver essential accounting support to the Finance teams and other departments, contributing to the overall operational efficiency and financial reporting.

The Must-Haves
• Background: Bachelor’s degree in Accounting or Finance.
• Experience: 1+ years of direct accounting experience.
• Skills: Strong accounting and analytical skills, proficiency with Excel and Microsoft Office applications, and the ability to work both independently and collaboratively.
• Bonus: Experience with SAP; Bank and General Ledger reconciliation experience.