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About the Role

Marc Jacobs International seeks an Accounting Manager – Inventory and Gross Margin to ensure the accuracy and integrity of inventory accounting and selected revenue and gross margin accounting activities in accordance with U.S. GAAP. This role leads the accounting and financial reporting for inventory valuation, reserves, costing, and related balance sheet accounts while supporting revenue recognition, gross margin analysis, and month-end close activities. The position partners closely with Operations, Supply Chain, Merchandising, and FP&A to resolve accounting matters, improve processes, and strengthen internal controls. This role also reviews the work and provides guidance to one accounting team member.

Responsibilities

Lead the month-end close for inventory accounting for Retail and Wholesale, ensuring completeness and accuracy of inventory balances, inventory in transit, inventory reserves, and related journal entries.
Prepare and review inventory reconciliations and analyze significant fluctuations.
Own inventory accounting under U.S. GAAP, including inventory valuation, standard cost updates, landed costs, obsolescence and excess inventory reserves, Purchase Price Variance (PPV) and related accounting policies.
Evaluate accounting treatment for new inventory-related transactions and business initiatives.
Support revenue accounting and gross margin reporting by ensuring completeness and accuracy of sales, cost of sales, and related financial reporting.
Review sales and margin trends and investigate unusual variances.
Review inventory purchases, vendor transactions, and related accounting entries to ensure proper coding, capitalization, and compliance with company policy and U.S. GAAP.
Review journal entries, account reconciliations, and supporting schedules prepared by accounting staff to ensure accuracy, completeness, and timely completion.
Provide oversight, coaching, and technical guidance to accounting team member, including reviewing work, establishing priorities, and supporting professional development.
Partner with cross-functional teams, including Supply Chain, Operations, Merchandising, Retail, and Wholesale, to resolve inventory and margin-related accounting issues and improve business processes.
Monitor inventory costing processes and system interfaces (e.g., ERP, inventory management, and retail systems), ensuring data integrity between operational and financial systems.
Develop and enhance accounting procedures, internal controls, and process improvements related to inventory, cost accounting, and revenue accounting.
Assist with external audits by preparing schedules, responding to auditor requests, and supporting internal control documentation.
Support special projects, accounting research, system implementations, and ad hoc financial analysis as assigned.

Requirements

BS in Accounting and strong knowledge of US GAAP
4+ years work experience
Experience with inventory-intensive businesses such as wholesale, retail, consumer products, manufacturing, or distribution
ERP systems experience
Ability to multi-task, work under pressure and meet deadlines
Strong analytical, organizational, and problem-solving skills with attention to detail

Skills

Costing knowledge preferred
Audit experience (Big 4) preferred

Location

New York City (SoHo) headquarters

Work Type

Full-time

Experience Level

4+ years work experience

Education Level

BS in Accounting

Salary/Compensations

$115,000- $130,000 (annually)

Benefits

Paid holidays
Vacation time
Sick and personal time
Medical, dental and vision insurance
401k matching
Discounts on travel
Discounts on entertainment
Discounts on MJ products
Access to discounts on other LVMH brands

About the Company

For nearly 40 years, Marc Jacobs has been a driving force in fashion with his philosophy: pioneering designs, an irreverent spirit, the everyday and the extraordinary.
Today, the brand continues to make its Marc as rebellious, unpredictable, and original.
Our work is founded on our core brand pillars: unexpected, utilitarian, urban, unisex, and unique.
NYC in design and spirit, our teams thrive off relentless authenticity, an openness to standing out, and inclusivity for all.

Equal Opportunity

Marc Jacobs International was founded on Marc’s vision of celebrating uniqueness and being Perfect as You Are.
We are committed to building an equitable and inclusive culture that values diversity of thought, background, and experience – all essential to our spirit of innovation and creativity.
In line with this commitment, we believe that the best candidate may be one who comes from a less traditional background or may meet the qualifications in different ways.
We encourage you to apply even if you don’t meet all of the listed qualifications.
Marc Jacobs International is committed to providing equal employment opportunities to all employees and applicants for employment regardless of race, color, sex, sexual orientation, gender identity or expression, age, veteran status, national origin, religion, disability, or any other characteristic protected by federal, state or local law.