Director of Accounting

WHY WORK FOR VALENTINO

A career in Maison Valentino is your chance to grow in a reality where business and creativity meet and thrive in an inclusive, and open-minded community.

What We Believe In

Maison Valentino believes in a colleague-centric approach, where our contribution and behaviors as individuals are the secret of our success as a community. Each Valentino colleague is crucial to guarantee that every need in Valentino is met with mastery, creativity, uniqueness, and care.

Valentino offers a hybrid working schedule with three days in office, and two days remote. This role is a full-time permanent position based in our New York Office.

Who Are We Looking For

The Director of Accounting, reporting to the Americas CFO, manages through her/his leadership all Accounting Operations: Accounts Receivable, Accounts Payable, General Accounting, Lease Accounting, Cost Accounting, Treasury and Taxes across the USA, Canada and Mexico.

The Director of Accounting functions in a leadership role, collaborating with internal business partners inclusive of the Italy Corporate Headquarters.

Responsibilities will include:

LEADERSHIP

• Provide leadership, guidance, and mentorship to the extended accounting team, including setting team member goals, facilitating training, and fostering professional development.
• Collaborate effectively with the Americas management team and maintain strong working relationships with peers at Valentino Headquarters in Milan, seeking guidance when necessary, sharing best practice etc.
• Manage a variety of vendor relationships related to income tax, governmental agencies, auditors, banks, insurance etc.
  
  

ACCOUNTING//MONTH-END CLOSE PROCESS

• Direct for US, Canada and Mexico
• Accurate 5 days month-end close process (income statement and balance sheet) in accordance with IFRS and US GAAP.
• Accounts payable functions include but not limited procurement, contract reviews, invoice review and recording, weekly payments etc.
• All accounts receivable includes but not limited picked tickets approval, new client creation, payment management, chargeback analysis etc.
• Lease Accounting and IFRS16 includes but not limited store lease review, right of use asset, lease liability, impairment etc.
• Cost Accounting and Gross Margin
• Tax accounting includes but not limited sales tax, income tax, quarterly tax provision, deferred tax etc.
• Financial reporting in partnership with FP&A Manager
  
  

GOVERNANCE

• Serve as a "champion" for best practices, standard operating procedures, and internal controls, working closely with both internal and external auditors as well as Valentino stores.
• Oversee risk management through insurance policies and claims handling.
• Ensure the integrity of accounting data within the SAP S4H system and the Valentino consolidation tool.
• Support sustainability reporting initiatives.
• Manage tax and treasury functions by leveraging relationships with banks, tax advisors, governmental agencies, and other relevant entities.
  
  

Requirements:

• Bachelor’s Degree in Accounting, Finance or Business Administration required
• CPA required
• Must have Retail and Wholesale accounting experience
• SAP S4H experience
• Proven leadership and team management experience
• Advanced Microsoft Excel and PowerPoint skills
• Demonstrated highest standards of accuracy and precision; highly organized
• Excellent verbal and written communication skills
• Ability to think creatively, highly-driven and self-motivated
• Strong organizational skills
  
  

Salary Range: $170K-$180K (based on experience)

How We Are

The Valentino ecosystem is home to a wide and extraordinary pool of talents, each colleague contributing with their unique attributes, nurturing a culture of inclusivity and equality. Inspiring sense of belonging, passion and engaging colleagues are the bases of our inclusive and multifaceted world.