Senior Sales Audit Analyst

Founded in 1913 in Italy, the Prada Group was built on a tradition of excellence and with a vision of innovation. The Group, a world leader in the luxury sector, operates in more than 45 countries with the PRADA, Miu Miu, Versace, Church’s, Car Shoe and Luna Rossa brands, and has employees of over 100 nationalities.

Job Summary / Purposes

The Senior Sales Audit Analyst is an integral contributor to Prada's finance team, and is an experienced finance professional who will directly contribute to the success of the Company. The role of the Senior Sales Audit Analyst is to ensure Prada’s internal policies & procedures, guidelines, and, financial integrity around sales and revenue processes comply with regulatory standards and industry practices. The position is responsible for reconciling the Retail network’s sales to the funds received via all tenders collected, monitoring cash management compliance, and providing daily retail support in all related areas.

Direct report to Director of Accounts Receivable.

Responsibilities

• Prepare and perform daily account reconciliations between the POS & funds collected for all retail sales (ie. cash, credit card, etc.). Analyze and investigate discrepancies and continuously follow up with the retail teams for explanations and resolutions. Partner with the IT department on SAP and terminal discrepancies, as needed.
• Review the monthly concession settlement statements for accuracy and reconcile sales with payments received. Ensure all expenses charged are approved by the appropriate departments and reconcile “Returns from Other Locations” to confirm all returned merchandise were received back at the original store of purchase.
• Reconcile E-Commerce and Marketplace sales to payments collected. Identify discrepancies and partner with the Client Services team and external 3rd parties to research and resolve issues.
• Perform SAP receivable account clearings, including balance sheet and P&L postings.
• Monitor, compile, and submit evidence to dispute Credit Card chargeback claims. Coordinate with retail store teams to collect related documentation and supporting details to meet submission deadlines.
• Process customer refund requests (i.e. ACH, check, or wire) and coordinate with the retail store teams and the A/P department for timely payment execution.
• Perform SAP inventory movements for lost products reimbursed through UPS.
• Support the month-end financial closing, including preparing and booking monthly credit card fees and expense accruals.
• Prepare and report Monthly Net Sales to the retail landlords for rent calculations.
• Monitor the Group Retail Finance inbox daily and assist/respond to store inquiries in a timely manner.
• Partner with Retail Operations and Loss Prevention to enforce internal controls and to ensure stores are following the proper cash handling and operational procedures.
• Assist with audits, compliance requirements, and special projects as necessary, collaborating with other Finance teams and relevant departments throughout the company as needed.

Qualifications

• Bachelor’s degree in Business, Management, Finance, Accounting, or Economics
• Relevant certifications are a plus
• Proven experience 3+ years in finance roles with retail or sales operations
• Knowledge of basic accounting principles and experience with preparing and booking journal entries
• Proven reconciliation experience preferred
• Advanced Excel proficiency required (i.e. Pivot Tables & VLOOKUP)
• Strong analytical, research, and problem-solving skills (including proactive follow-up), with a high degree of attention to detail and accuracy
• Ability to work independently and within a fast-paced environment; ability to delegate effectively when appropriate
• Understanding of retail operations, POS, sales strategies, and compliance standards
• Strong technical research ability
• Previous experience with SAP S/4
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively
• Team-oriented, flexible, and open to taking on new responsibilities
• Ability to lead and motivate teams, fostering a collaborative and productive work environment
• Strong working knowledge of Microsoft Office

Compensation

The annual salary range for this position may vary from $90,000 - $100,000, and if applicable, may be eligible for bonuses and other incentive opportunities. The rate of pay offered may vary depending on job-related knowledge, skills, and experience.

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Joining our Company means working in a creative and international environment, with teams of people motivated by curiosity and the quest for excellence. The engine of our success is the importance and value that we place on the talent and passion of our people leading to their own professional growth.
Prada Group promotes an inclusive work environment, ensuring equal opportunities for all candidates, regardless of gender, ethnicity, sexual orientation, disability, or other personal characteristics. We believe that diversity is a value and we are committed to build a fair and respectful workplace for all.