Job Details

Associate - Import and Wire

Location: BANGALORE, KARNATAKA

Date Opened: 11/07/2018

Job Type:

Job Number: 18000DP4

Job Description

Who We Are:

HBC is a diversified global retailer focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC's portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 480 stores and over 66,000 employees around the world.

 

HBC's leading banners across North America and Europe include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH, Galeria Kaufhof, the largest department store group in Germany, and Belgium's only department store group Galeria INNO.

 

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

 

The HBC India corporate teams focus on Finance & Accounting, Technology, Merchandising and Shared Service operations.  HBC's entrance into this market has expanded the company's global footprint and further established HBC as a truly global retailer.

 

The teams in the India office play an integral role in supporting HBC's strategic plan. Bengaluru's workforce has deep experience in a variety of areas, including finance and accounting, technology, as well as other shared services and will support HBC's operations on an ongoing basis.  

 

You can learn more and view available positions in Bengaluru, by visiting http://www.hbcindiacareers.com/.

 

What This Position Is All About:

The HBC India Import and wire team supports accounting the import invoices and coordinate wire payments liaising with internal partners such the Finance Shared Services, treasury in North America and other business groups. The role requires associate to be involved in day-to-day accounting of all type of invoices which are merchandising, preparing weekly statement and month end activity, proactively addressing situations, creating a good rapport with business partners and a positive approach towards constant improvement. The position will report to the Team Leader.

 
Who You Are:
  • The successful candidate should be a respected and proven professional
  • He/she must have the ability to quickly assess a new environment and develop solutions that support the business strategy, critical objectives, and cultural norms.
You also have:
  • 2-4 years of overall experience with Import accounting and wire processing knowledge.
  • Good working knowledge in import invoice accounting , Investigate on issues and rectify errors
  • Good knowledge on wire postings and foreign payments and treasury operations
  • Advanced excel skills to prepare daily wire/check payment templates
  • Associate should have worked on multi-currency invoice booking and handling FX queries          
  • Experience in month end reconciliations and accruals
  • Should have worked with overseas suppliers and performed vendor statement reconciliations.
  • Strong expertise in handling customer queries (email / phone) – Accounts Payable related query handling preferred
  • Work with various business partners via meetings/VCR to resolve issues, provide clarification on process and agree new ways of working.
  • Working experience in Imports and Retail industry
  • Experience with both GIC/Shared service and BPO environments
  • B. Com (Mandatory) or MBA Finance (preferred), Chartered Accountant (Optional)

As the Associate – Import and Wire, you will:

  • Have exposure to Quality six sigma methodologies or project participation
  • Have exposure to tools like Mainframe, Oracle, Import Accounting System, DFM and Zen Desk (query management)
  • Role is expected to work a ‘North American' shift pattern, approx. 5:00 P.M. – 2:00 A.M. IST
How Often You May Travel:
  • NA

Your Life and Career at HBC:

  • Be 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 IT to Human Resources, Merchandising to Finance.
  • A culture that promotes a healthy, fulfilling work/life balance

Job Qualifications

Thank you for your interest with HBC. We look forward to reviewing your application.

 

HBC provides equal employment opportunities (EEO) to all employees and applicants for employment.