Associate, Accounts Payable

Associate, Vendor Rebates

What This Position is All About?

The process requires a solid understanding of P2P cycle and accounting procedures, including meticulous journal posting, effective management of accounts payable, and fostering strong relationships with vendors. It is essential to consistently adhere to chargeback policies and MMVA (Master Merchandise Vendor Agreement), maintain strict internal controls, and comply with audit requirements while upholding the highest service standards at all times.

Who You Are:

• Develops a diverse range of innovative approaches to problem-solving, showcasing creativity and the ability to think outside the box.
• Embraces change with enthusiasm and challenges conventional norms, demonstrating adaptability and a forward-thinking mindset.
• Motivates and inspires others through a compelling vision and a strong sense of purpose, fostering a shared commitment to goals.
• Cultivates team morale and unity by celebrating achievements and successes, fostering a positive and collaborative team spirit.

You Also Have

• The ideal candidate should have strong financial skills and 2-3 years of experience in Corporate Finance, preferably in multinational companies or global in-house centers.
• Experience in the Retail industry is a plus.
• Prior knowledge of the vendor rebate process and a strong understanding of Accounts Payable and general accounting is essential.
• The candidate must be skilled in Microsoft Office, especially Excel, Word, and PowerPoint, for effective data analysis and reporting.
• They should handle multiple tasks and meet tight deadlines without compromising quality.
• Experience in designing financial processes and improving efficiency is important, along with a solid understanding of vendor management and effective communication with stakeholders.

As an Associate, Licensee Billing

• Conduct a thorough analysis and in-depth research on all detected discrepancies and exceptions within the financial processes to identify root causes and implement corrective actions.
• Ensure the prompt and accurate posting of all transactions to the respective Journals and Ledger on a timely basis, facilitating smooth financial tracking and reporting.
• Prepare comprehensive monthly reports and perform detailed reconciliations to ensure alignment between financial records and VRS system.
• Review and meticulously verify vendor contract details to establish and set up vendors contracts effectively in the Accounts Payable (AP), ensuring all terms are met and recorded accurately.
• Uphold the highest standards of confidentiality regarding both organizational and vendor information, safeguarding sensitive data against unauthorized access.
• Collaborate effectively with the global team to manage and expedite the resolution of processing backlogs, addressing any issues that impact bankcard and sales audit processing in a timely manner.
• Respond promptly and professionally to inquiries from Onshore Business Unit Teams and vendors regarding chargebacks and disputes, including the resolution of any escalated issues to maintain positive relationships.
• Ensure the completion of all accounting activities is accurate and thorough, maintaining integrity in financial reporting and compliance.
• Safeguard the company's assets by adhering to all relevant policies, procedures, and regulations concerning the administration and processing of bankcard transactions, fostering a culture of security and compliance.

Educational Credentials

Bachelor’s Degree in Finance (Full-time)

Office Hours: 4PM To 1AM

Your Life and Career at Hudson’s Bay

• Be a part of a world-class team; work with an adventurous spirit; think and act like an owner-operator!
• Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.
• A culture that promotes a healthy, fulfilling work/life balance