VSM Sewing Inc P660
Staff Accountant
VSM Sewing Inc P660, Nashville, Tennessee, United States, 37247
Job Title:
Staff Accountant
Department:
Finance
Reports To:
Accounting Manager
FLSA Status:
Exempt
Location:
Nashville, TN (hybrid)
SVP Worldwide, the world’s largest consumer sewing machine company, has an immediate full-time Staff Accountant position available. The company and its three iconic brands - SINGER®, HUSQVARNA VIKING®, and PFAFF® - have delighted consumers for over 170 years. These premium brands and products are regarded as the choice for serious sewists and novice crafters.
The global sewing machine industry is experiencing renewed growth, expected to grow at 6.7% annually. With a product portfolio inclusive of sewing machines, accessories, notions, garment care products, and software, it is an exciting time to join and grow a career with us!
The global corporate headquarters is located near Nashville, TN (USA) and is supported by regional headquarters/sales offices in Milan (Italy), and Mexico City (Mexico). Combined with 170+ US retail stores in 36 states, manufacturing facilities across Asia and Latin America, multiple R&D centers, a software development center in Europe, and a global supply chain with distribution centers in all regions, we are proud to reach consumers in more than 25 countries on five continents.
SVP Worldwide continues to weave our culture into the fabric of our team members by living out our core values of Integrity, Trust, Teamwork and Customer Focus. As our industry continues to grow, there are vast opportunities for new team members who share our commitment to delivering the world’s finest sewing products, services and overall customer experience. Explore current career openings at SVP Worldwide locations around the world, right here and now.
Job Summary:Under general direction, the Staff Accountant performs professional accounting work including the maintenance and review of financial records; preparation of various reports and financial statements; and performance of a variety of technical tasks relative to assigned areas of responsibility. The Staff Accountant will be responsible for various day-to-day tasks, including but not limited to financial statement preparation, general ledger maintenance, account reconciliations, and journal entries. The Staff Accountant will also provide support in the analysis of financial data and participate in audits.
Job Responsibilities:
GENERAL ACCOUNTING
Prepare month end journal entries per company guidelines, including creating and/or gathering supporting documentation to substantiate entry.Prepare accurate and timely balance sheet reconciliations in accordance with company guidelines, including but not limited to reconciliation to GL, creating supporting schedules, and promptly resolving account variances.Conduct research through accounting and reporting systems (JDE, Hubble, and Catalyst) to validate accuracy of financial transactions and take necessary actions to resolve.Adhere to corporate timelines for journal entry processing, balance sheet reconciliations, financial reporting, and other tasks assigned.Review and analyze income statement and balance sheet accounts to accrue period expenses, defer future costs, and validate expense coding and account classification. Create necessary journal entries to adjust financials. Prepare and/or audit bank statement reconciliations, including proactive communication and review sessions with support teams to resolve reconciling items and account discrepancies.(The GM is reviewed at manager level and FPA, this can be pushed down moving forward but additional process changes would be required)Complete the year-end and periodic inventory rollforward and/or rollback for retail inventory, including collaborate with retail operations to investigate discrepancies and large variances.Prepare monthly and periodic reporting for SRA’s, inventory, and general ledger activity as assigned.Assist management with other critical projects as needed.Master existing accounting technologies related to retail POS system, general accounting ERP system, business intelligence and financial reporting systems.
FIXED ASSETS
Review CIP project requests against capitalization guidelines and authority matrix. Issue CIP number for tracking project activity.Collaborate with project owners to close CIP projects to fixed assets in an accurate and timely manner.Prepare and/or review monthly fixed asset depreciation.Complete fixed asset rollforward in accordance with company guidelines, ensuring all variances are researched and resolved promptly.Assist with operations with Fixed Asset audits as required.
COMPLIANCE
Support tax and statutory reporting compliance by compiling and preparing supporting information as requested by the Tax Department and Accounting management. Actively participate in annual financial and ABL audits by preparing supporting schedules, completing audit packages, and answering audit inquiries.Ensure compliance with applicable accounting regulations, internal controls, and company policies and champion process improvements.
PROCESS IMPROVEMENT
Proactively collaborate with accounting leadership, operations, and support teams to implement solutions for system and/or process issues discovered.Assist leadership to improve process improvement opportunities within Accounting team.Participate on cross functional teams to develop troubleshoot inefficiencies and implement streamlined processes.
PEOPLE
Build strong working relationships with SVP coworkers and third-party partners.Collaborate cross-functionally with other departments to promote teamwork and foster a culture of continuous improvement.Participate in cross training opportunities to strengthen personal knowledge base and enhance overall strength of the Accounting team.
We Offer You:
Full benefits package; medical, dental, vision401k planCompetitive PTO accrual as well as additional wellness daysHybrid work scheduleWork environment that harbors a culture of collaboration and communityLearning and development opportunitiesQualifications:
Bachelor's Degree in Accounting or related field preferred3 to 5 years of related experience in Accounting, Retail or Manufacturing industry preferred, Global accounting experience preferredThe ability to collect data, define problems, establish facts, and draw valid conclusionsThe motivation to learn and constantly improve processes and toolsThe people skills needed to work with various teams and stakeholders, etc.Exceptional intellectual and analytical curiosity with proven capability to strategically problem-solveCollaborative approach and outstanding listening skillsAbility to work independently and as part of a team:Proficiency with reporting tools, ERP systems and Microsoft Office suite, JD Edwards World experience preferredYou will need to be able to complete all physical requirements of the job with or without a reasonable accommodation, including:
Occasionally move about inside the office to access file cabinets, meeting rooms, copier/printer etc as well as have the ability to remain in a stationary position 50% of the timeCommunicate effectively with customers through multiple forms of technology, including telephone and computer. Must be able to receive and convey informationRequired to retrieve or reposition products like sewing machines weighing up to 50 pounds
The Employer retains the right to change or assign other duties to this position.
Work Environment/Location/Flex Arrangement: SVP Worldwide offers a fast-paced and ever-changing environment. As part of our Flexible Workplace Policy, this position will be hybrid based in our company HQ in Nashville, TN.
Why You Will Love Being a Part of the SVP Worldwide Team:
We take care of our team! We offer a competitive benefit package including: multiple health plan options comprised of vision and dental plans, 401K plan, life insurance, disability insurance, pet insurance, parental leave, generous employee discounts and paid time off benefits including wellbeing days.
At SVP Worldwide, we celebrate diversity, equity, and inclusion and strive to employ a unique workforce that is reflective of our consumers across the globe. That means understanding, respecting and valuing diversity- unique styles, experiences, identities, ideas and opinions – while being inclusive of all people.
SVP Worldwide is an equal opportunity employer and makes employment decisions based on merit and qualifications. SVP Worldwide prohibits discrimination based on race, color, religion, sex, sexual identity, gender identity, marital status, veteran status, nationality, citizenship, age, disability, medical condition, pregnancy, or any other unlawful consideration.
In The News:
In 2021, SVP Worldwide was acquired by Platinum Equity (www.platinumequity.com), a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity has committed to fully support SVP Worldwide’s continued growth and to bring additional financial and operational resources to help accelerate the company’s efforts.
Like what you see? Then come “sew” and grow your career with us!
Follow us on LinkedIn and get updates from SVP Worldwide!
Staff Accountant
Department:
Finance
Reports To:
Accounting Manager
FLSA Status:
Exempt
Location:
Nashville, TN (hybrid)
SVP Worldwide, the world’s largest consumer sewing machine company, has an immediate full-time Staff Accountant position available. The company and its three iconic brands - SINGER®, HUSQVARNA VIKING®, and PFAFF® - have delighted consumers for over 170 years. These premium brands and products are regarded as the choice for serious sewists and novice crafters.
The global sewing machine industry is experiencing renewed growth, expected to grow at 6.7% annually. With a product portfolio inclusive of sewing machines, accessories, notions, garment care products, and software, it is an exciting time to join and grow a career with us!
The global corporate headquarters is located near Nashville, TN (USA) and is supported by regional headquarters/sales offices in Milan (Italy), and Mexico City (Mexico). Combined with 170+ US retail stores in 36 states, manufacturing facilities across Asia and Latin America, multiple R&D centers, a software development center in Europe, and a global supply chain with distribution centers in all regions, we are proud to reach consumers in more than 25 countries on five continents.
SVP Worldwide continues to weave our culture into the fabric of our team members by living out our core values of Integrity, Trust, Teamwork and Customer Focus. As our industry continues to grow, there are vast opportunities for new team members who share our commitment to delivering the world’s finest sewing products, services and overall customer experience. Explore current career openings at SVP Worldwide locations around the world, right here and now.
Job Summary:Under general direction, the Staff Accountant performs professional accounting work including the maintenance and review of financial records; preparation of various reports and financial statements; and performance of a variety of technical tasks relative to assigned areas of responsibility. The Staff Accountant will be responsible for various day-to-day tasks, including but not limited to financial statement preparation, general ledger maintenance, account reconciliations, and journal entries. The Staff Accountant will also provide support in the analysis of financial data and participate in audits.
Job Responsibilities:
GENERAL ACCOUNTING
Prepare month end journal entries per company guidelines, including creating and/or gathering supporting documentation to substantiate entry.Prepare accurate and timely balance sheet reconciliations in accordance with company guidelines, including but not limited to reconciliation to GL, creating supporting schedules, and promptly resolving account variances.Conduct research through accounting and reporting systems (JDE, Hubble, and Catalyst) to validate accuracy of financial transactions and take necessary actions to resolve.Adhere to corporate timelines for journal entry processing, balance sheet reconciliations, financial reporting, and other tasks assigned.Review and analyze income statement and balance sheet accounts to accrue period expenses, defer future costs, and validate expense coding and account classification. Create necessary journal entries to adjust financials. Prepare and/or audit bank statement reconciliations, including proactive communication and review sessions with support teams to resolve reconciling items and account discrepancies.(The GM is reviewed at manager level and FPA, this can be pushed down moving forward but additional process changes would be required)Complete the year-end and periodic inventory rollforward and/or rollback for retail inventory, including collaborate with retail operations to investigate discrepancies and large variances.Prepare monthly and periodic reporting for SRA’s, inventory, and general ledger activity as assigned.Assist management with other critical projects as needed.Master existing accounting technologies related to retail POS system, general accounting ERP system, business intelligence and financial reporting systems.
FIXED ASSETS
Review CIP project requests against capitalization guidelines and authority matrix. Issue CIP number for tracking project activity.Collaborate with project owners to close CIP projects to fixed assets in an accurate and timely manner.Prepare and/or review monthly fixed asset depreciation.Complete fixed asset rollforward in accordance with company guidelines, ensuring all variances are researched and resolved promptly.Assist with operations with Fixed Asset audits as required.
COMPLIANCE
Support tax and statutory reporting compliance by compiling and preparing supporting information as requested by the Tax Department and Accounting management. Actively participate in annual financial and ABL audits by preparing supporting schedules, completing audit packages, and answering audit inquiries.Ensure compliance with applicable accounting regulations, internal controls, and company policies and champion process improvements.
PROCESS IMPROVEMENT
Proactively collaborate with accounting leadership, operations, and support teams to implement solutions for system and/or process issues discovered.Assist leadership to improve process improvement opportunities within Accounting team.Participate on cross functional teams to develop troubleshoot inefficiencies and implement streamlined processes.
PEOPLE
Build strong working relationships with SVP coworkers and third-party partners.Collaborate cross-functionally with other departments to promote teamwork and foster a culture of continuous improvement.Participate in cross training opportunities to strengthen personal knowledge base and enhance overall strength of the Accounting team.
We Offer You:
Full benefits package; medical, dental, vision401k planCompetitive PTO accrual as well as additional wellness daysHybrid work scheduleWork environment that harbors a culture of collaboration and communityLearning and development opportunitiesQualifications:
Bachelor's Degree in Accounting or related field preferred3 to 5 years of related experience in Accounting, Retail or Manufacturing industry preferred, Global accounting experience preferredThe ability to collect data, define problems, establish facts, and draw valid conclusionsThe motivation to learn and constantly improve processes and toolsThe people skills needed to work with various teams and stakeholders, etc.Exceptional intellectual and analytical curiosity with proven capability to strategically problem-solveCollaborative approach and outstanding listening skillsAbility to work independently and as part of a team:Proficiency with reporting tools, ERP systems and Microsoft Office suite, JD Edwards World experience preferredYou will need to be able to complete all physical requirements of the job with or without a reasonable accommodation, including:
Occasionally move about inside the office to access file cabinets, meeting rooms, copier/printer etc as well as have the ability to remain in a stationary position 50% of the timeCommunicate effectively with customers through multiple forms of technology, including telephone and computer. Must be able to receive and convey informationRequired to retrieve or reposition products like sewing machines weighing up to 50 pounds
The Employer retains the right to change or assign other duties to this position.
Work Environment/Location/Flex Arrangement: SVP Worldwide offers a fast-paced and ever-changing environment. As part of our Flexible Workplace Policy, this position will be hybrid based in our company HQ in Nashville, TN.
Why You Will Love Being a Part of the SVP Worldwide Team:
We take care of our team! We offer a competitive benefit package including: multiple health plan options comprised of vision and dental plans, 401K plan, life insurance, disability insurance, pet insurance, parental leave, generous employee discounts and paid time off benefits including wellbeing days.
At SVP Worldwide, we celebrate diversity, equity, and inclusion and strive to employ a unique workforce that is reflective of our consumers across the globe. That means understanding, respecting and valuing diversity- unique styles, experiences, identities, ideas and opinions – while being inclusive of all people.
SVP Worldwide is an equal opportunity employer and makes employment decisions based on merit and qualifications. SVP Worldwide prohibits discrimination based on race, color, religion, sex, sexual identity, gender identity, marital status, veteran status, nationality, citizenship, age, disability, medical condition, pregnancy, or any other unlawful consideration.
In The News:
In 2021, SVP Worldwide was acquired by Platinum Equity (www.platinumequity.com), a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity has committed to fully support SVP Worldwide’s continued growth and to bring additional financial and operational resources to help accelerate the company’s efforts.
Like what you see? Then come “sew” and grow your career with us!
Follow us on LinkedIn and get updates from SVP Worldwide!