Job Description

The Company

Swatch Group is an international group active in the design, manufacture and sale of finished watches, jewelry, watch movements and components.

Swatch Group supplies nearly all components required by its 16 watch brands , and Swatch Group companies supply movements and components to third-party watchmakers in Switzerland and around the world. Please be sure to visit our brands' websites to learn more about their fantastic products.

Swatch Group is also a key player in the manufacture and sale of electronic systems used in watchmaking.

Job description

Junior Controller

As a Junior Controller with Swatch Group, U.S., the position will be responsible for monitoring, facilitating and supporting the Brand Controllers and Brands in their departmental financial needs, including but not limited to, controlling, business and inventory analysis, approval of internal orders and suggest ways of correcting and improving processes. The Junior Controllers are responsible for ensuring compliance with Group policies and accounting standard and coordinating with brands and other Service Center departments to ensure execution of tasks. It is expected that Junior Controller will assume more responsibilities and establish their self as a financial partner for the Brands.

This position is an  office based role. 

Profile

Primary Duties and Responsibilities

• Manage the Purchase Order Review and Approval process for the Controlling Development
• Manage the COOP set-ups and information gathering process for the Brand and Brand Controllers
• Review, pre-validate, and set up Internal Orders in SAP.
• Reviewing and validating COOP agreements
• Ensure correct accounting treatment, validate supporting documentation, and monitor budgeted amounts to comply with HQ policies and budgets.
• Oversee the timely and accurate reporting packages and monthly analyses for the monthly close.
• Ensure correct accruals and key figures related to marketing, inventory, and indirect costs to various departments in the monthly close process
• Analyze and identify potential weaknesses in the department or the Brand’s process
• Provide administrative support to the Brand Controllers
• Aid in conducting cost analysis, ratio and trend analysis and other comparative examinations as defined by Controlling Director
• Act as Finance partner to Brands in various scenarios.
• Perform monthly margin and P&L analysis to identify irregularities and trends.
• Support Wholesale/Retail divisions in administrative/financial processes to ensure compliance to Group’s policies.
• Support and pre-evaluate business plans (short-term & long-term) to provide analytical information to management for decision making.
• Handle Ad Hoc analysis as needed by Controlling Director & Senior Controllers.
• Partner with brands to ensure that watch consignment is correct and properly maintained.
• Participate in various cross division projects to provide the process / control related advice.
• All other duties as assigned by management

Professional requirements

Education and Experience Requirements

• Bachelor’s degree in Accounting or Finance is required;
• Minimum 3 years of experience in a middle size or large size corporate accounting role required
• Must be proficiency with the financial system SAP
• Thorough knowledge of accounting and finance principles
• Flexible to adjust to changes in responsibilities, procedures, or working conditions
• Must have excellent verbal and written communication skills; strong interpersonal skills.
• Must be organized, accurate, thorough, and able to monitor work for quality
• Must possess strong analytical skills;
• Attention to detail and accuracy
• Strong learning ability and problem solving skills
• Intermediate or advanced Excel skills including pivot tables, VLOOKUP and high level functions
• Strong time management skills and ability to be both effective and efficient in work
• Proficiency in all Microsoft Office applications

Physical Requirements: 

This is primarily a sedentary office position which requires the Junior Controller to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

Benefits Program

The Swatch Group is an equal opportunity employer that promotes diversity and is committed to environmental sustainability.

• Excellent health, dental and vision insurance (employee and dependents are eligible 1st of the month following 30 days; generous employer contribution)
• Immediate participation in the 401(k) and 100% vested employer match after one year (maximum 4% employer match with 5% employee contribution)
• Company paid life insurance and Long Term Disability
• 18 days of PTO per year
• Special bucket of sick time per year extended paid time for medical, parental and military leave
• Holiday pay
• Voluntary FSA, STD, Accident/Hospital Indemnity insurance
• Employee product discount

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