job description

Day In The Life:

The Director of Financial Reporting will be responsible for the preparation of accounting memos for annual audit purposes, analysis of transactions, and consolidation of financial statements and the MD&A. The ideal candidate has strong analytical and technical accounting skills and is well-versed in reporting requirements. This role reports to the VP of Financial Reporting working closely with the Senior Manager, Financial Reporting.

What You Will Do:

●        Analyze and preparation of memos on the impact of new transactions on the company from a US GAAP/IFRS perspective;

●        Preparation of year-end memos for auditors ;

●        Support the team in identifying, researching, and resolving technical accounting issues, consulting with internal and external subject matter experts, and implementing new accounting policies;

●        Liaise with external and internal auditors;

●        Responsible for preparation of the internal monthly financial statement package and related analysis, including cash flow;

●        Responsible for the review of the quarterly and annual external financial statements, note disclosures, and MD&A;

●        Monthly consolidation of operating units, Corporate entities, and consolidation entries in Hyperion consolidation system;

●        Work closely with Forecasting and Planning, Corporate Development, Treasury and Tax departments and

●        Assist with special and ad hoc projects

What You Will Need:

●        Strong communication and interpersonal skills; ability to communicate effectively with senior management and across various departments

●        Strong interpersonal skills, with proven ability to build strong relationships

●        Strong analytical skills

●        Technical accounting skills with experience working with US GAAP and IFRS

●        Must be able to manage and prioritize multiple projects at any given time

●        Ability to perform multiple tasks in a fast-paced and changing environment, consistently meeting deadlines with accurate results

●        7+ years working in Big 4 public accounting and/or publicly-listed companies

●        Bachelor's Degree in Finance/Accounting and CPA designation

●        Hyperion experience would be an asset

What You Can Expect:

• A fast-moving environment where you will embrace change to ensure the company is competitive and future forward
• A People-Focused Culture of belonging where Diversity, Equity, and Inclusion are embedded in everything we do.
• An opportunity to work with highly supportive teams to help you build the career you want
• A Competitive benefits package including Flexible paid time off, medical, dental, vision, retirement savings and more
• An agile work environment that facilitates collaboration across teams.
• An amazing Associate discount of up to 40% off of top brands at all of our retail locations

About HBC:

HBC is a holding company of investments and businesses at the intersection of technology, retail operations, and real estate. It is the majority owner of iconic ecommerce companies: Saks, a leading online destination for luxury fashion; The Bay, a Canadian ecommerce marketplace; and Saks OFF 5TH, a premier luxury off-price ecommerce company offering top brands at the best prices. These businesses were established as separate operating companies in 2021. HBC also wholly owns Hudson’s Bay, the operating company for Hudson’s Bay’s brick-and-mortar stores, as well as SFA, the entity that operates Saks Fifth Avenue’s physical locations, and O5, the operating company for Saks OFF 5TH stores.

With assets spanning top markets and prime locations across North America, HBC owns or controls—either entirely or with joint venture partners—approximately 40 million square feet of gross leasable area. HBC Properties and Investments, the company’s real estate and investments portfolio business, manages these assets along with additional real estate offerings, including Streetworks Development, its property development division.

Founded in 1670, HBC is North America’s longest continually operating company and is headquartered in New York and Toronto. For more information visit: www.hbc.com.

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NOTE: Only applications submitted online will be accepted.

HBC welcomes all applicants for this position; however, only those selected for an interview will be contacted.

Thank you for your interest In 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.

HBC welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.