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Ref#: W161609

Department: Finance

City: Watford

State/Province: Hertfordshire

Location: United Kingdom

Company Description Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.

At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview The Lead (Director) of Inventory Accounting & Inventory Control, EMEA is a key finance leadership role reporting to Head of RTR, EMEA, to manage the Accounting and internal controls for Sales, COGS & Inventory for the EMEA region.
You will be a key business partner to FP&A, GL, Inventory Management and Retail and Wholesale Planning teams with exposure to the regional leadership team in the region as well as Corporate.
In addition, you will coordinate internal and external audits for areas of responsibility, manage US GAAP monthly closes, provide forecast inputs, support preparation of estimates for statutory reporting, coordinate internal and external audits (US GAAP, statutory, SOX Controls).
Essential Duties & Responsibilities

• Lead the Inventory Accounting & Control, managing a team of 13.
• Support the Head of RTR, EMEA as a key member of Finance leadership team in the Watford office.
• Motivate, coach and set targets and objectives for the team, recruit, develop and promote talent
• Supervise, monitor and review monthly closing activities and internal controls performed by the teams
• Coordination, preparation and review of the various COGS forecast inputs and reporting schedules (P&L and BS) prepared by the team
• Partner with FP&A, Inventory Management, and Retail and Wholesale Planning teams to coordinate the preparation and review of the forecast and actualization of the NRV inventory reserve.
• Oversee Retail Inventory Control team including coordination of all stock takes in stores across the region with external provider and external auditors
• Manage the monitoring and resolution of inventory discrepancies between systems
• Key point of contact for external and internal auditors for US GAAP, statutory, SOX controls audits.
• SOX process owner for all inventory controls; ensure completeness, accuracy and supporting documents are adequate and comply with US GAAP, statutory, SOX requirements and RL policies
• Partner with General Ledger team to manage US GAAP to Local GAAP adjustments and Statutory financial statements preparation including inputs for key estimates impacting statutory financial statements across all entities (NRV, markdowns, returns, shrinkage, etc.)
• Manage ad-hoc assignments and special projects as required
• Support the implementation of new IT solutions and automation
Identify and lead process improvements and efficiency enhancement opportunities

Experience, Skills, and Knowledge

• Education Accounting or Finance
• Substantial proven experience in audit and accounting in dynamic multinational environment
• CPA / ACCA qualified
• Previous leadership experience and management of teams
• Knowledge of internal controls, US GAAP
• Retail or multi-unit industries experience a plus
• Proficiency in Excel, SAP a strong asset
• Solid understanding of inventory sub-ledger and general ledger applications
• Experience with preparation and audit of statutory financial statements