VP, Financial Reporting - Saks Fifth Avenue : Job Details

Salary Range $235,000 - $305,000*

Job Description:

Role Summary

The Vice President, Financial Reporting is a strategic finance leader responsible for overseeing the accurate and timely preparation, consolidation, and reporting of Saks Global's financial results in accordance with U.S. GAAP. This individual will lead all aspects of external financial reporting, technical accounting policy, and complex accounting matters, ensuring compliance with regulatory, shareholder, and lender requirements. Additionally, this role is an active partner to stakeholders across the organization, supporting accounting and reporting projects including systems implementations, accounting policy review and implementation, and transaction support, among others. This role is a key advisor to the executive finance leadership team, providing technical expertise, thought leadership, and operational excellence. The VP leads a high-performing team and plays a critical role in shaping and scaling financial reporting capabilities for a complex, multi-entity, and high-growth organization.

Job Description

● Lead the end-to-end financial reporting function, including monthly consolidation and reporting, quarterly and annual external financial statements, and related M&A preparation.● Set the vision, strategy, and roadmap for external reporting, ensuring efficiency, accuracy, and scalability across all reporting processes.● Oversee all accounting policy research and implementation of new U.S. GAAP standards, ensuring company-wide consistency and compliance.● Partner cross-functionally with Tax, Treasury, FP&A, Investor Relations, Legal, and Operations to ensure alignment and transparency in financial communications and disclosures.● Serve as the company liaison with external auditors, ensuring effective coordination and timely completion of audits.● Manage lender and shareholder reporting obligations, including covenant calculations, compliance reporting, and ad hoc financial requests.● Drive continuous improvement initiatives across the reporting and close processes, leveraging systems and automation for scalability and control.● Lead and mentor a team of directors, managers, and senior accountants; promote a culture of performance, accountability, and professional development.● Ensure rigorous internal control processes over financial reporting, and partner closely with Internal Audit to monitor and strengthen controls.

● Play a key role in supporting transaction and M&A activities, including due diligence, technical accounting treatment, and post-transaction integration.● Provide regular updates and analysis to executive leadership, Board of Directors and committees, offering insights and identifying risks and opportunities.

Key QualificationsRequired:● Bachelor's degree in Accounting, Finance, or related field.● CPA designation required.● Minimum 15 years of progressive accounting and reporting experience, including at least 7 years in a leadership role.● Deep expertise in U.S. GAAP and financial statement preparation.● Demonstrated experience leading complex consolidations in a multi-entity environment.● Strong track record of building, leading, and developing high-performing teams.● Excellent executive communication skills and ability to distill complex accounting into business terms.● Proven ability to thrive in a fast-paced, dynamic, and evolving environment.

Preferred:● Master's degree in Accounting, Finance, or Business Administration.● Experience in private equity-backed or large, complex private companies.● Experience with Workday, Oracle or equivalent ERP systems, as well as consolidation and reporting toolsincluding Hyperion/EPM and Workiva.● Familiarity with IFRS/international and sustainability reporting considerations.● Industry experience in luxury retail, consumer goods, or similar sectors.

Your Life and Career at Saks Global:

• Exposure to rewarding career advancement opportunities

• 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

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate's overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.