Description

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: www.mcmworldwide.com.

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.

Requirements

Requirements

Bachelor's degree in Accounting, Finance, or related field required.
2–5 years of accounting experience, preferably in a retail or multi-location environment.
Experience performing sales audit functions and daily reconciliations.
Experience with merchant services and credit card settlement processes preferred.
Knowledge of retail POS systems and cash management processes.
Strong understanding of general accounting principles and GAAP.
Excellent analytical and problem-solving skills.
Advanced Microsoft Excel skills, including PivotTables, XLOOKUP/VLOOKUP, and formulas.
Experience with ERP systems such as SAP, Oracle, NetSuite, Microsoft Dynamics, or similar.
Strong attention to detail with the ability to manage multiple priorities and meet deadlines.
Effective verbal and written communication skills.
Ability to work independently and collaboratively in a fast-paced environment.
Experience in a high-volume retail organization.
Knowledge of payment processors and merchant settlement platforms.
Continuous improvement mindset with the ability to streamline accounting processes.

This position is full time in office.

This job description is not all-inclusive, and MCM Products USA Inc. reserves the right to amend this job description at any time. MCM Products USA Inc. is an Equal Opportunity Employer and is committed to a diverse and inclusive work environment.

Salary range reflects the good-faith hiring base salary range for this position. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, internal equity, as well as candidate qualifications such as relevant skills, experience, and education/training.

MCM Worldwide

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