Associate, Fixed Assets

Job Description

WHO WE ARE :

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce

experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own. By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail.

Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets.

You Will Be

The Associate – Fixed Assets and Projects is responsible for managing and maintaining the fixed assets register and supporting capital project accounting. This includes asset capitalization, depreciation, project tracking, reporting, and ensuring compliance with accounting policies and standards. The role also involves close coordination with the procurement, project management, and finance teams to ensure the accuracy of asset-related financial data. We are looking for a detail-oriented and experienced Associate – Real Associate Accounting (General Ledger) to join our Finance team. The ideal candidate will play a key role in ensuring the accuracy and integrity of our financial records, leading month-end close activities, and supporting reporting and compliance requirements. This position requires strong analytical skills, accounting knowledge, and the ability to work independently as well as collaboratively in a team environment.

What You Will Do

Fixed Assets and Projects

• Maintain and update the fixed assets register in compliance with internal policies and applicable accounting standards (e.g., IFRS / GAAP).
• Process asset additions, transfers, disposals, and impairments.
• Review and reconcile fixed asset sub-ledger to general ledger on a regular basis.
• Monitor and calculate monthly depreciation and ensure timely posting to the GL.
• Track capital expenditure (CapEx) against budgets and approved projects.
• Monitor ongoing capital projects for proper classification, cost tracking, and timely capitalization.
• Work with project managers to ensure project-related costs are properly accounted for.
• Prepare project status and cost reports for finance and leadership teams.
• Support project closure processes, ensuring completed projects are capitalized or closed in a timely manner.
• Prepare and post journal entries related to fixed assets and project accounting.

Real Estate Accounting

You Also Have

What You Will Bring

Your Life And Career At Saks Global

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Skills Required

Ms Excel, Sap, Data Analysis, Power Bi, Gaap, Hyperion, Netsuite, Vlookup, Pivot Tables, Oracle, Ifrs