General Role
The position of Assistant Accountant is a core role within the Hermès Australia Finance Team. The Assistant Accountant works in a collaborative environment, and is responsible for Accounts receivable, Reconciliation and Revenues reporting, whilst also supporting the Finance team with month-end and year-end closing processes.
Responsibilities
Revenue and Reconciliations:
- Perform revenue reconciliations including sales reconciliation, bank reconciliations, receivable reconciliation and customer financial flows reconciliations for all stores including E-commerce.
- Monitor aged receivables to ensure timely collection, and investigate discrepancies identified during reconciliation to mitigate financial risks on bad debts.
- Perform cash reconciliation and arrange cash collection / float deliveries for stores.
- Prepare recharge invoices for non-retail clients and corporate orders.
- Perform regular review on sales receipts to ensure the transactions are adhere to applicable regulatory and Hermès group requirements, prepare non-compliance transaction reports to store management.
- Generate sales reports in accordance with established reporting periods: daily, weekly, monthly, and annually.
- Manage and resolve enquiries from external stakeholders (TRS and Insurance), ensuring accurate and effective communication.
- Facilitate customer refunds and assist retails stores to resolve customer disputes.
- Provide assistance for retail network to investigate and resolve transaction-related issues on retail system (Cegid). Ensure timely resolution and compliance with Hermès group policies and regulatory requirements.
Month-end & Year-end Tasks:
- Monitor sales transaction interfaces to ensure all data is accurately recorded in the accounting system (SAP), investigate and resolve any discrepancies or interface issues as required.
- Prepare monthly bank reconciliation status report, ensure all bank accounts are reconciled, and outstanding items are investigated and resolved in a timely manner.
- Perform monthly balance sheet reconciliations for accounts receivable and related accounts, investigating and resolving discrepancies in a timely manner.
- Prepare monthly turnover reports in Hermès group reporting tool (Magnitude)
- Prepare and communicate monthly sales advice to relevant stakeholders.
- Prepare and communicate monthly treasury compliance reports to group treasury team.
- Prepare monthly shrinkage report on till discrepancies, ensure adequate and accurate documentation.
- Reconcile GST and PAYG in accounting system, prepare and lodges monthly BAS in accordance with statutory requirement and company policies.
- Assist in annual external auditing processes.
Other Tasks:
- Support the coordination for accounting governance review (GEO) to ensure accuracy and compliance with Hermès group requirements.
- Assist in finance related training for retail stores (till closing, till transactions etc.).
- Assist internal control department on implementing retail activity related policies.
- Participate in annual stock-takes.
- Other finance related projects and ad-hoc tasks as required.
- Requirements & Capabilities:
- Tertiary qualifications in accounting or finance , CA or CPA qualification
- Minimum 3 years experience in a similar role
- Strong work ethic and willingness to contribute to individual and team objectives
- High attention to detail
- Strong capability to prioritise work and meet tight deadlines
- Ability to independently communicate with both internal and external stakeholders
- Ability to work autonomously
- Flexibility to adapt and eagerness to learn
- Advanced Excel / MS office, Accounting, reporting and retail systems (SAP, Magnitude and Cegid, Planning Analytics) .
Eligibility
To be an eligible candidate for this position, we kindly ask that you have full working rights within Australia.
Our Commitment
Family is at the heart of Hermès. At Hermès Australia, we are committed to being a Maison for All, a home where we make efforts to generate, support and advance the values of diversity, inclusion and family both within our own walls and in the wider world. At Hermès Australia we look to create a diverse workforce of talented and unique individuals with different backgrounds, skillsets and worldviews that will enrich our Hermès family. We support our individual team members personal and professional success through a culture that values equality, individuality and fairness and through an environment where individuals can thrive and feel comfortable being their authentic selves.
At Hermès, we are proud to be an equal opportunity workplace. It is the policy of Hermès that applicants for employment are recruited, selected and hired on the basis of individual merit and ability with respect to positions being filled and potential for promotion or transfer which may be expected to develop. Applicants are recruited, selected and hired without discrimination because of race, colour, religion, sex, age, nationality, disability, or any other basis prohibited by applicable law.