Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, produces a range of products under his signature Michael Kors Collection and MICHAEL Michael Kors labels.
These products include accessories, footwear, watches, jewelry, men’s and women’s ready-to-wear, eyewear and a full line of fragrance products.
Senior Accountant Real Estate / Lease AccountingMichael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.
If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!The primary purpose of this position is to support lease accounting and reporting for the Company’s real estate portfolio.
This role will report to the Director, Accounting EMEA and will work with a number of internal domestic and international business partners across Michael Kors.
Major responsibilities include but are not limited to :
Acting as one of the main points of contact for all lease-related accounting queries
Accounting and reporting relating to the Company’s lease portfolio for fixed and variable rent, percentage rent calculations, tenant incentives, landlord reporting, etc.
Supporting month-end and year-end close processes for leases and supporting reconciliations for related balance sheet accounts.
Reviewing lease accounting schedules under US GAAP and preparing reports to support all lease accounting disclosure requirements for the Company’s external filings with the SEC
Managing lease terminations, modifications and other triggering events during the lease lifecycle
Working with local and global teams to establish controls necessary to systematically capture all new leases on a timely basis
Working closely with Legal, Treasury, Accounts Payable and General Ledger teams to ensure lease-related payments and any necessary accruals or prepaid balances are appropriately reflected
Supporting SOX and ad-hoc lease accounting-related requests
Partnering and driving improvements from an efficiency and control perspectiveRequirements :
Bachelor degree or above, preferably in Accounting
Technical knowledge of accounting, experience in lease accounting, and preferably an accounting qualification with at least +7 years of experience in practice or industry
Previous experience in a Big Four is a plus, Sarbanes Oxley Act, and US GAAP and / or IFRS is a plus
Languages : Strong English is a mandatory requirement + other European languages desirable
Strong communication and interpersonal skills, ability to interact multi-culturally
Organization skills, flexible and hands-on proactive approach - a self motivator
Ability to demonstrate business judgment
Strong written and verbal communication skills
Detail-oriented with a process improvement mindsetComputer Skills :
Advanced Microsoft Excel skills
Leasing system, SAP and HFM experience a plusWe are an Equal Opportunity Employer M / D / F / V