Senior Associate, General Accounting

Saks Global; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Comprehensive benefits package including medical, vision and dental

Opportunities for career advancement

Job summary

Saks Global in Bengaluru is seeking a detail-oriented Senior Associate for General Accounting. This role involves leading month-end close activities and ensuring the accuracy of financial records within a dynamic environment.

The ideal candidate will have strong analytical skills and experience in GAAP/IFRS standards, contributing to financial reporting and compliance. Join Saks Global and advance your career in the luxury retail sector, where your expertise is valued.

Qualifications

• 4-6 years of progressive experience in general ledger or financial accounting roles.
• Strong understanding of accounting principles (GAAP/IFRS) and internal controls.
• Experience in multinational or shared services environments.

Responsibilities

• Lead day-to-day general ledger accounting activities including entries and reconciliations.
• Oversee month-end, quarter-end and year-end close processes for accurate reporting.
• Prepare and review balance sheet and P&L reconciliations complying with standards.

Skills

Attention to detail

Analytical skills

Accounting principles (GAAP/IFRS)

Proficiency in ERP systems

Excel skills

Communication skills

Education

Master's/Bachelor’s degree in accounting, Finance or related field

Tools

Workday

SAP

Oracle

NetSuite

Hyperion

Power BI

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 personalised 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.

Job Description

We are looking for a detail‑oriented and experienced Senior Associate – General Accounting (General Ledger) to join our Finance team. The ideal candidate will play a key role in ensuring the accuracy and integrity of our financial records, leading month‑end close activities, and supporting reporting and compliance requirements. This position requires strong analytical skills, accounting knowledge, and the ability to work independently as well as collaboratively in a team environment.

What You Will Do

• Lead and perform day‑to‑day general ledger accounting activities including Cash & Bank entries, journal entries, accruals, prepayments, Intercompany and account reconciliations
• Oversee and support the month‑end, quarter‑end, and year‑end close processes to ensure timely and accurate financial reporting
• Prepare and review balance sheet and P&L reconciliations in accordance with internal controls and accounting standards (GAAP/IFRS)
• Analyze financial data and variances, providing insights and resolving discrepancies as needed
• Support internal and external audits by preparing schedules, reconciliations, and documentation
• Ensure compliance with corporate accounting policies, procedures, and internal controls
• Collaborate with cross‑functional teams including Accounts Payable, Accounts Receivable, Tax, and FP&A to ensure consistent financial data

You Also Have

• Masters /bachelor’s degree in accounting, Finance, or a related field
• 4-6 years of progressive experience in general ledger or financial accounting roles
• Strong understanding of accounting principles (GAAP/IFRS) and internal controls
• Proficiency in ERP systems such as Workday, SAP, Oracle, or NetSuite
• Advanced Excel skills (pivot tables, formulas, lookups)
• High attention to detail, accuracy, and strong problem‑solving skills
• Excellent communication and interpersonal skill
• Ability to manage multiple priorities in a fast‑paced environment
• Experience in multinational or shared services environments
• Exposure to financial reporting tools (e.g., Hyperion, Power BI)

What You Will Bring

• Understand business needs when data/case becomes complex during the month and right analysis of the same
• Ensure consistency in analysing the real‑estate accounts, balances and its impact on reconciliation
• Ensure single source of truth in data
• Work collaboratively with other team members and On‑Shore
• Simplify and automate processes to increase accuracy and reduce manual modes
• Work with other team members who are connected to the process to coordinate all process / transactional dots and strengthen the process understanding and process control
• Be a SME, to make sure there is proper control on the period activity which helps to understand all DR/CR balances

Your Life And Career At Saks Global

• Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation
• Exposure to rewarding career advancement opportunities across the largest multi‑brand luxury retailer from retail to distribution, to digital or corporate
• Comprehensive benefits package for all eligible full‑time employees (including medical, vision and dental)

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.