Sotheby's
VP, Accounting Policy
New York, United States · Vp
Sponsorship not specified$180k-$215kDetected 92 days ago
Project ManagementFinancial AnalysisAccountingSAPResearchProblem SolvingGAAPIFRSFinancial ReportingInternal Audit
About the role
- ABOUT SOTHEBY'S Established in 1744, Sotheby's promotes access and ownership of exceptional art and luxury objects through auctions, private sales and retail.
- The proposed base salary for this position ranges from $180,000-$215,000.
- Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained.
Responsibilities
- Identify, analyze, summary, document and conclude on the Company's complex transactions from an accounting perspective, and communicate results to relevant stakeholders (including but not limited to, financings/debt, leases, revenue, investments, consolidations and other complex/non-standard transactions) from both a US GAAP and IFRS perspective
- Monitor and evaluate new FASB accounting standards and lead implementation efforts on all new standards including fully analyzing potential implications, documenting conclusions and working with finance to implement technically sound and operationally practical accounting guidance
- Maintain and keep current the Company's accounting policies and policy library
- Partner with business units and departments across the organization, including Treasury, Tax,
- Own various areas of the financial accounting, reporting and audit process, including, but not limited to:
- Proven ability to perform under pressure and stress and to adjust plans to meet changing needs and requirements.
Requirements
- Our deep expertise across 70 selling categories is supported by a leading technology platform and a global network of specialists spanning 40 countries.
- Bachelor's Degree in Accounting required;
- CPA required, active license;
- SAP and Hyperion/HFM experience preferred (if candidate does not have, must be willing to learn and immerse themselves within the systems).
- Experience with DFIN Donnelly financial reporting tool a plus;
Nice to have
- Reviewing and/or preparing monthly reconciliations in Blackline;
- Review reconciliations prepared by Finance to ensure consistency in preparation of reconciliations across similar accounts, and advise reconciliation preparer/reviewer of potential improvements required;
- Assist in review of the Sotheby's cash flow statement process (individual and consolidated) and assist in efforts to make that process more efficient
- Other special projects, as requested
Compensation
- The proposed base salary for this position ranges from $180,000-$215,000.
- Lead the preparation of the quarterly unaudited and annual audited Property reports (including all financial statements and footnotes) for three or more legal entities, ensuring timely and quality preparation of all financial statements and audit requests;
Company info
- Provide company trainings to staff members on key accounting policy topics, including but not limited to, debt transactions, leases, revenue recognition, etc.;
- Key technical accounting liaison to our RM Sotheby's luxury automobiles subsidiary;
- Debt/financing transactions;
- CECL calculations;
- Debt issuance costs;
- Asset recoverability assessments;
- Purchase accounting/minority investments accounting;
- Prepare and/or review various financial statement footnotes.
- Lead the preparation of the quarterly unaudited and annual audited Property reports (including all financial statements and footnotes) for three or more legal entities, ensuring timely and quality preparation of all financial statements and audit requests;
Visa & Work Authorization
- tion, genetic information, reproductive health decision, sexual orientation, gender identity or expression, alienage or citizenship status, domestic violence victim status, military or veteran status, or any other charac
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This listing is sourced directly from Sotheby's's careers page and normalized into a canonical job model.