Staff Accountant

Our Brand

MCM (Modern Creation München) is a luxury lifestyle goods and fashion house founded in 1976 with an attitude defined by the cultural Zeitgeist and its German heritage with a focus on functional innovation, including the use of cutting-edge techniques. Today, through its association with music, art, travel, and technology, MCM embodies the bold, rebellious, and aspirational. Always with an eye on the disruptive, the driving force behind MCM centers on revolutionizing classic design with futuristic materials. Appealing to the 21st Century Global Nomad generation - MCM’s millennial and Gen Z audience is genderless, ageless, empowered, and unconstrained by rules and boundaries.

MCM is currently distributed online and in 650 stores worldwide including Munich, Berlin, Zurich, London, Paris, New York, Hong Kong, Shanghai, Beijing, Seoul, Tokyo, Middle East and more. For further information about MCM: .

Working with us:

With a highly collaborative workforce working from offices and stores around the world, MCM established a multinational/multicultural organization. To uphold the culture & value of MCM, we intend to fulfil our corporate social responsibility by implementing the following values and to comply with high degree of legitimacy and ethical standards.

Our employees make the best efforts to become high-performing individuals who reflect the diversity of the communities in which we work and live. MCM’s commitment to diversity and inclusion includes recruiting and retaining employees from diverse backgrounds and experiences, creating awareness of diversity issues and benefits, and fostering a supportive environment where inclusivity is expected and prioritized. We have zero tolerance in any form of harassment, insultation, ostracization or groundless defamation of any other person.

Accountabilities

The Staff Accountant – Retail Sales Audit is responsible for ensuring the accuracy and completeness of daily retail sales transactions by performing reconciliations of cash, credit card, and other tender activity. This role supports the month-end close process, maintains general ledger integrity, investigates discrepancies, and partners with store operations and finance teams to ensure compliance with company policies and internal controls. The ideal candidate has strong analytical skills, attention to detail, and experience working in a high-volume retail environment

Key Responsibilities

Essential Duties and Responsibilities

• Sales Audit
• Perform daily sales audits for retail store locations to ensure accurate recording of sales transactions.
• Reconcile daily point-of-sales (POS) activity to the general ledger.
• Validate sales, returns, discounts, gift cards, store credits, and other tender transactions.
• Review exception reports and investigate sales discrepancies.

Cash & Credit Card Reconciliations

• Reconcile daily cash deposits to bank records and POS activity.
• Reconcile daily credit card settlements with merchant processor reports and bank deposits.
• Investigate and resolve cash shortages, overages, missing deposits, and credit card variances.
• Monitor outstanding reconciliation items and ensure timely resolution.
• Prepare supporting documentation for daily and monthly reconciliations.

Accounts Receivable

• Manage Wholesale Accounts receivable.
• Deposit checks, complete cash application and approves credit holds.
• Monitor Accounts receivable aging.

General Accounting

• Prepare journal entries related to daily sales, cash, and merchant settlement activity.
• Perform monthly balance sheet reconciliations.
• Assist with month-end, quarter-end, and year-end closing activities.
• Ensure accounting records comply with GAAP and company accounting policies.
• Support financial statement accuracy through timely and accurate account analysis.

Reporting & Analysis

• Prepare daily, weekly, and monthly reconciliation reports.
• Identify process improvement opportunities to increase efficiency and accuracy.
• Develop and maintain reconciliation schedules and supporting documentation.

Internal Controls & Compliance

• Ensure compliance with internal cash handling procedures and accounting controls.
• Partner with Store Operations, Loss Prevention, Treasury, and IT to resolve transactional issues.
• Support internal and external audit requests by providing documentation and explanations.
• Maintain accurate accounting records in accordance with company policies.