Associate, Vendor Relations

1 - 3 years

6 - 7 Lacs

Posted:-1 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

WHO WE ARE:

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue,

Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio

includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce

experiences. With talented colleagues focused on delivering on our strategic vision, The Art of

You, Saks Global is redefining luxury shopping by offering each customer a personalized

experience that is unmistakably their own. By leveraging the most comprehensive luxury

customer data platform in North America, cutting-edge technology, and strong partnerships with

the world's most esteemed brands, Saks Global is shaping the future of luxury retail.

Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship

properties and represents nearly 13 million square feet of prime U.S. real estate holdings and

investments in luxury markets.

YOU WILL BE:

As an Associate Merchandise Payable, you will support the Accounts Payable team by

ensuring the accurate and timely processing of merchandise invoices and assisting in resolving

vendor-related queries. This role plays a vital part in maintaining smooth operations between the

company and its global network of fashion vendors.

Working closely with internal teams such as Merchandising, Buying, and Fulfillment Centers, you

will help address invoice discrepancies and build a solid foundation in financial operations within

a dynamic retail environment.

WHAT YOU WILL DO:

  • Accurately process merchandise invoices in a timely manner to support strong vendor

relationships

  • Perform three-way matching (PO, goods receipt, invoice) and identify discrepancies,

coordinate resolution with internal stakeholders

  • Identify vendor trends for invoices processed manually, work with the EDI team to

understand vendors set up issue to increase auto match

  • Address and resolve vendor inquiries related to payments, invoice status, and

reconciliations via email

  • Vendors will be assigned as per the Alpha model, which will help the team members to

understand the vendor trends, collaborate with the vendor to resolve inquiries and build a

good working relationship

  • 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

You also have:

  • Bachelors 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

YOUR LIFE AND CAREER AT SAKS GLOBAL

  • Be part of a world-class team; work with an adventurous spirit; think and act like an

owner-operator!

  • Exposure to rewarding career advancement opportunities, from IT to Human Resources,

Merchandising to Finance.

  • A culture that promotes a healthy, fulfilling work/life balance

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Saks Global logo
Saks Global

Outsourcing and Offshoring Consulting

Colombo 09 Colombo

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