Assistant Accountant

General Role

The position of Assistant Accountant is a core role within the Hermès Australia Finance Team. The Assistant Accountant works in a collaborative environment, and is responsible for Accounts receivable, Reconciliation and Revenues reporting, whilst also supporting the Finance team with month-end and year-end closing processes.

Responsibilities

Revenue and Reconciliations:

• Perform revenue reconciliations including sales reconciliation, bank reconciliations, receivable reconciliation and customer financial flows reconciliations for all stores including E-commerce.
• Monitor aged receivables to ensure timely collection, and investigate discrepancies identified during reconciliation to mitigate financial risks on bad debts.
• Perform cash reconciliation and arrange cash collection / float deliveries for stores.  
• Prepare recharge invoices for non-retail clients and corporate orders.
• Perform regular review on sales receipts to ensure the transactions are adhere to applicable regulatory and Hermès group requirements, prepare non-compliance transaction reports to store management.
• Generate sales reports in accordance with established reporting periods: daily, weekly, monthly, and annually.
• Manage and resolve enquiries from external stakeholders (TRS and Insurance), ensuring accurate and effective communication.  
• Facilitate customer refunds and assist retails stores to resolve customer disputes.
• Provide assistance for retail network to investigate and resolve transaction-related issues on retail system (Cegid). Ensure timely resolution and compliance with Hermès group policies and regulatory requirements.

Month-end & Year-end Tasks:

• Monitor sales transaction interfaces to ensure all data is accurately recorded in the accounting system (SAP), investigate and resolve any discrepancies or interface issues as required.
• Prepare monthly bank reconciliation status report, ensure all bank accounts are reconciled, and outstanding items are investigated and resolved in a timely manner.
• Perform monthly balance sheet reconciliations for accounts receivable and related accounts, investigating and resolving discrepancies in a timely manner.
• Prepare monthly turnover reports in Hermès group reporting tool (Magnitude)
• Prepare and communicate monthly sales advice to relevant stakeholders.
• Prepare and communicate monthly treasury compliance reports to group treasury team.
• Prepare monthly shrinkage report on till discrepancies, ensure adequate and accurate documentation.
• Reconcile GST and PAYG in accounting system, prepare and lodges monthly BAS in accordance with statutory requirement and company policies.