Accounts Receivable Analyst New York , United States

Ermenegildo Zegna Holditalia S.p.A; New York (NY); On-site; USD 70,000 - 75,000; Full time

Job summary

Ermenegildo Zegna is seeking an Accounts Receivable Analyst to manage accounts receivable for Zegna & Thom Browne. Located in New York City, the ideal candidate has strong computer skills and 3-4 years of relevant experience to optimize receivables management and improve financial processes.

Qualifications

• 3-4 years related AR experience.
• Familiar with accounts receivable procedures.
• Ability to work in a fast-paced environment.

Responsibilities

• Manage accounts receivable assigned to our factor.
• Improve processes and policies related to accounts receivable.
• Monthly DSO reporting.

Skills

Detail oriented

Communication

Follow through skills

Strong computer skills

Tools

SAP

AS400

Excel

Word

Job description

Corporate and Staff Functions/Finance & Control

Accounts Receivable Analyst

ABOUT ZEGNA
Following the path traced by the founder Ermenegildo over 110 years ago, ZEGNA is now internationally recognized as a leading global luxury menswear brand. Established as a fabric maker in the mountains of Piedmont, ZEGNA is part of the Ermenegildo Zegna Group, which counts more than 6,000 employees. Managed by Gildo Zegna as Chairman and CEO, Ermenegildo Zegna Group designs, creates, and distributes luxury ready-to-wear and accessories under both the ZEGNA and Thom Browne brands to over 500 stores. The Group also operates TOM FORD FASHION through a long-term license agreement with The Estée Lauder Companies Inc. to over 100 stores. As of 30th September 2023, ZEGNA has 403 stores of which 242 are directly operated. The brand remains committed to leveraging its rich heritage to build a better present and future.

YOUR OPPORTUNITY

As the Accounts Receivable Analyst for Zegna & Thom Browne, you will manage accounts receivable assigned to our factor as well as several non-factored accounts. Our ideal candidate is familiar with all accounts receivable procedures and can manage daily financial transactions end-to-end.

The Accounts Receivable Analyst will work to improve processes and policies related to accounts receivable, chargebacks, credit and collections.

This role is based in the New York City Thom Browne office.

HOW YOU WILL CONTRIBUTE

• Updates receivables by coordinating and monitoring bank remittances.
• Resolution of open AR line items
• Daily upload of Factor AR transactions into SAP
• Review & release credit holds
• Monitor chargebacks and provide requested documentation to customers in order to avoid unapproved chargebacks. Prepare and monitor settlement packages.
• Review, adjust and log write-offs of receivables to bad debt as warranted
• Month end reconciliation of both factored and non-factored AR
• Monthly DSO reporting
• Manage wholesale customer setup (i.e. factor credit approval of account)
• Manage daily wholesale order approvals
• Maintain daily cash position file showing available cash
• Proper recording and application of cash, management of outstanding invoices
• Process employee clothing allowances

WHO YOU ARE

• 3-4 years related AR experience
• Strong computer skills; Word and Excel (Vlookups, Pivot Tables), SAP, AS400
• Detail oriented and ability to work in a fast-paced environment
• Strong communication and follow through skills

COMPENSATION

• The salary range for this position ranges from $70,000-75,000. The rate of pay offered will be dependent upon candidates’ relevant skills and experience.

Related Positions Contribute to our proud legacy, and shape our vibrant future, as what makes you, makes Zegna.

Related Positions Contribute to our proud legacy, and shape our vibrant future, as what makes you, makes Zegna. VIEW OPEN POSITIONS