Job Detail

Senior Accountant - Real Estate / Lease Accounting

Inseriert am: 18.11.2019

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.


Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo, Hong Kong, Shanghai and Rio de Janeiro.


Behind this burgeoning empire stands a singular designer with an innate sense of glamour and an unfailing eye for timeless chic. Michael Kors has won numerous accolades within the fashion industry, been honored for his philanthropy, and earned the respect and affection of millions. Wholly dedicated to a vision of style that is as sophisticated as it is indulgent, as iconic as it is modern, he has created an enduring luxury lifestyle empire with a global reach.


Michael Kors has always been involved in philanthropy, fighting hunger for more than 20 years. A longtime supporter of God’s Love We Deliver, he has worked with the New York-based organization to help distribute meals to people with HIV/AIDS, cancer and other serious illnesses. In 2013, he partnered with the United Nations World Food Programme (WFP) to help fight world hunger by designing the 100 Series watch. A portion of the proceeds from his special-edition timepiece helps WFP deliver food to children through its school meals program.

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Michael 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 perspective


Requirements:



  • 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 mindset

    Computer Skills:




  • Advanced Microsoft Excel skills

  • Leasing system, SAP and HFM experience a plus


We are an Equal Opportunity Employer M/D/F/V

</div>

Michael 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 perspective


Requirements:



  • 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 mindset

    Computer Skills:




  • Advanced Microsoft Excel skills

  • Leasing system, SAP and HFM experience a plus


We are an Equal Opportunity Employer M/D/F/V

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