Senior Financial Analyst, Bankcard

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Company description

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. Our 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.Our 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.We have significant investments in real estate joint ventures. HBC has partnered with Simon Property Group Inc. in the HBC Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, HBC has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.A truly global corporate citizen, HBC is committed to responsible business practices to bring about positive change, and we work hard to shape a sustainable future for people and the planet. Our philanthropic initiatives help create healthy families, strong communities, and sport excellence in the cities and countries in which we operate around the world, while striving to create innovative programs and resources that provide flexibility for work-life balance in order to maintain a positive working environment.

Job description

This position is responsible for timely and accurate completion of complex accounting and account reconciliations to support the Bankcard processing function. This will include preparation of journal entries and account reconciliations, as well as review and approval for those done by the HBC India Bankcard team). The role will be responsible for developing accounting treatment for new transactions, completion of account analyses to support the period-end close process and review of financial controls to support all banners and their respective digital platforms. This position will also be responsible for completion of ad hoc reporting as requested by Finance leadership and will support review and analysis of information required to evaluate performance of our credit / debit card providers and card processors (TD Bank, Chase).


�You have a proven and quantifiable track record of success in delivering results within a large complex organization. �You have a demonstrated aptitude for creative problem solving, analytics, and project management. �You have strong relationship building and influence skills. �A change agent who is flexible, resilient, and able to thrive in a dynamic, rapid paced environment. Embody a culture of taking smart risks and innovating to win�Ability to travel 10% of the time between United States and Canada.You Also Have:�Bachelor�s Degree in Business, Finance or related field �Accounting designation (completed or in progress), while not required, is highly desirable�A minimum of 3 years of experience in accounting, finance, or related field.�Ability to effectively and efficiently work with Excel and other finance related systems (i.e., Hyperion, Oracle, etc.)As the Senior Financial Analyst, Bankcards, You Will Be Responsible For:�Timely and accurate completion of financial analysis to support the Bankcard processes, including �Create and maintain account reconciliations for higher profile accounts in Bankcard Administration to ensure that all transactions are properly recorded in the General Ledger with the appropriate degree of internal control.�Review and approval of less complex entries / reconciliations completed by Bankcard team in India�Provide applicable analysis of rates and trends for the Bankcard fees / charges from card providers�Review chargeback & card fraud reports / trends and highlight for management any issues requiring attention�Create and provide management reporting and analysis for Bankcard Administration. �Develop and maintain accounting and financial reporting controls as required to support introduction of new transactions�Work with offshore team and respective functional teams to develop and report KPI�s for respective areas and Finance Shared Services.�Provide ad hoc reporting requested by senior leadership and our internal partners.�Support internal / external audits as required (respond to requests for information, analyze reports, etc.)�Work with cross-functional teams (including IT, Store Operations, Fraud & Risk) on initiatives that pertain to card acceptance/use in stores for all banners�Assist with system testing related to IT initiatives, including development of new accounting process / reconciliation approaches as a result of any changes to systems�Manage chargeback process ensuring all chargeback inquiries are answered within the required time for all associations across bannersYour 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 retail to supply chain, to digital or corporate�A culture that promotes a healthy, fulfilling work/life balance�Benefits package for all eligible full-time employees (including medical, vision and dental)�An amazing employee discount 

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 without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HBC complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.