Job Information
VF Corporation Management Accounting Analyst in Milan, Italy
We are seeking a Management Accounting Analyst to join our Management Accounting Settlement Team at VF Corporation in Milan.
VF is a global apparel company connecting people to the lifestyles they cherish through our family of iconic brands. At the heart of our journey lies our purpose: We power movements of sustainable and active lifestyles for the betterment of people and our planet.
This is our purpose. It’s the reason we come to work every day. Our purpose unites us and leads us to pursue our goals, together.
This is our calling.
Let’s talk about the role!
As an integral member of the Management Accounting Settlement Team, you will be responsible for the off-invoice discounts process, working with the Management Accounting team, the Credit department and with Brand Sales & Operation teams.
Credit Note creation
Ensure timely creation of the credit note for off – invoices discounts and promotions
Schedule and manage the settlement calculation run in SAP
Validate the settlement proposal in terms of customer eligibility criteria (amount, currency, settlement party, etc)
Release of the calculation run to create the credit notes
Verifying the credit notes posting in the general ledger (SAP FMS)
Debit Note registration
Manage debit note registration for off -invoices discounts and promotions
Manage the tracking of the debit notes received from Customers for off-invoice discounts
Validate the debit note with the agreements open in SAP, in terms of commercial conditions, amount, currency and settlement partner
Connect with Management Accounting, Sales & Operations to assess the debit note correctness and address any discrepancies
Register the debit note in SAP through Coupa platform
Responsible for reconciling the financial posting of the debit notes in SAP and Vistex
Customer Reconciliation
Manage the Customer AR Reconciliations
Closely work with the Management Accounting team to address any discrepancies
Collaborate with the Credit Department to ensure all the disputes are resolved
Skills For Success
You will be a professional with proven experience in the finance department of a company, preferably in multinational environment and:
You will have a master’s degree in Management Engineering, Finance, Accounting or Economics
Strong English command (written and verbal)
Strong accounting background and good analytical skills
Solid software and PC skills (Advanced in Excel, PowerPoint, SAP/COGNOS, BPC experience is a plus)
A Team player with excellent communication skills
Good organisational skills with an ability to prioritise
Adaptable and proactive
What’s In It For You
We’re in the business of unleashing human potential, driven by the ideas, energy and commitment of our people. That’s why we offer comprehensive benefits that encourage mental, physical and financial well-being for all VF associates. When it comes to benefits, we’re the total package
A supportive feedback-based culture where respect and integrity guide us in what we do
An inclusive international environment where people of diverse backgrounds, lifestyles and nationalities love working together
Be part of an iconic lifestyle brand in a multi brand, multi countries organization
A discount card with 50% on all VF brands
Break out areas offering complimentary hot drinks
*This post is not eligible for relocation support*
Free to Be, Inclusion & Diversity
As a purpose-led, performance driven company, we strive to foster a culture of belonging based on respect, connection, openness and authenticity. We are committed to building and maintaining a workplace that celebrates the diversity of our associates, allowing them to bring their authentic selves to work every day.
As an equal opportunity and affirmative action employer, VF is committed to support disadvantaged groups whilst providing equal opportunities for both VF associates and applicants alike.
If you like what you have read and want to join our team then we would like to hear from you!
R-20240531-0014
VF Diversity Vision Statement VF is committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers and the communities in which we live and conduct business. The continued success and growth of VF is enhanced through initiatives that promote diversity throughout VF around the world.VF is an equal employment opportunity/ affirmative action employer of minorities, females, protected veterans and the disabled. VF is committed to providing equal opportunities in employment, and treating our VF associates and VF applicants without discrimination on the basis of their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status, or any other legally protected factor.