Associate, Merchandise Payable

0 - 3 years

0 Lacs

Posted:2 months ago| Platform: Shine logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a member of Saks Global Properties & Investments team, you will play a crucial role in accurately processing merchandise invoices, identifying discrepancies, and maintaining strong vendor relationships to support the luxury retail operations. Your responsibilities will involve collaborating with various internal teams to ensure efficient invoice processing and compliance with retail accounting standards. Key Responsibilities: - Accurately process merchandise invoices in a timely manner to support strong vendor relationships - Perform three-way matching (PO, goods receipt, invoice) and identify discrepancies, coordinating resolution with internal stakeholders - Identify vendor trends for invoices processed manually and work with the EDI team to understand vendor set up issues to increase auto match reconciliations - Collaborate with Merchandising, Finance, and Fulfillment Center teams to resolve escalated issues and prevent recurrence - Maintain detailed documentation and follow internal controls to ensure compliance with retail accounting standards - Identify recurring process issues and recommend improvements to enhance efficiency and vendor satisfaction - Escalate unresolved or high-impact issues to the Assistant Manager while providing full context and documentation - Support team goals by contributing to productivity, quality, and process improvement efforts Qualifications Required: - Bachelor's degree in finance - 0-2+ years of experience - Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, basic formulas) - Strong analytical and reconciliation skills - Understanding of retail operations and vendor invoicing processes is a plus - Interest in the fashion industry and eagerness to grow within the finance function Additional Details: Saks Global is the largest multi-brand luxury retailer in the world, offering personalized luxury shopping experiences through cutting-edge technology and strong partnerships with esteemed brands. The company values diversity and is committed to creating an inclusive environment for all employees. As part of the Saks Global team, you will have the opportunity to work in a dynamic, fast-paced environment with rewarding career advancement opportunities and a comprehensive benefits package for eligible full-time employees.,

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
Saks Global logo
Saks Global

Outsourcing and Offshoring Consulting

Colombo 09 Colombo

RecommendedJobs for You