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Accountant

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Gap Inc.

1mo ago

  • Job
    Full-time
    Junior & Mid Level
  • People, HR & Administration
    Accounting & Tax
  • Delhi

AI generated summary

  • You need financial acumen, GAAP knowledge, strong communication skills, organization, attention to detail, and the ability to research and resolve transaction errors.
  • You will process payroll, manage assets, assist in budgeting, prepare financial presentations, support audits, ensure compliance, collaborate with teams, and respond to inquiries efficiently.

Requirements

  • Financial acumen, with some Accounting and Finance experience and knowledge of generally accepted accounting principles (GAAP)
  • Superior written and verbal communication skills with the ability to communicate and interact across teams and at varying levels of management
  • Organized and detail oriented with an ability to manage multiple priorities and projects concurrently
  • Apply broad and established knowledge of job and/or Accounting
  • Research process or transaction flow to identify root cause of errors

Responsibilities

  • Handle Payroll processing for locations in Bangladesh, Pakistan, Sri Lanka, and Turkey by collaborating with HR and external consultants and comply with local payroll regulations
  • Handle the capitalization, depreciation, retirement/sale of assets; Validation of asset documentation within Oracle and our in-house systems.
  • Assist in the budgeting and forecasting processes, identifying variances from forecast, budget, and prior-year expenses.
  • Work proactively with other departments to identify areas of improvement, analyze cost variances, and develop solutions to support financial goals.
  • Prepare insightful financial presentations, framing critical decision points for senior leadership.
  • Assist in Statutory/Internal audits including collaborating with internal teams to maintain accurate GST records and support in the preparation of GST returns.
  • Ensuring timely responses to inquiries and compliance with regulatory requirements.
  • Collaborate with regional and other finance teams to support new initiatives.
  • Listen and ask questions to solicit feedback to understand needs and provide service

FAQs

What are the primary responsibilities of the Accountant role at Gap Inc.?

The primary responsibilities include handling payroll processing for multiple countries, managing asset capitalization and depreciation, assisting in budgeting and forecasting processes, preparing financial presentations, and collaborating with internal teams for audits and regulatory compliance.

What experience is required for this Accountant position?

Candidates should have some accounting and finance experience, along with knowledge of generally accepted accounting principles (GAAP).

What skills are essential for success in this Accountant role?

Essential skills include financial acumen, superior written and verbal communication skills, strong organizational abilities, attention to detail, and the capability to manage multiple priorities effectively.

Is there an emphasis on collaboration in this role?

Yes, collaboration is important, as the role involves working proactively with other departments and regional finance teams to identify improvements and support new initiatives.

What kind of benefits does Gap Inc. offer to its employees?

Gap Inc. offers competitive paid time off, comprehensive health coverage, wellness programs, retirement planning assistance, and various benefits to support parenthood, among others.

Will I have opportunities for professional growth in this role?

Yes, Gap Inc. encourages growth and development, providing opportunities to take on new challenges and expand your skills within a supportive environment.

Does Gap Inc. have a commitment to diversity and inclusion?

Yes, Gap Inc. is committed to fostering a diverse and inclusive environment and has received numerous awards for its efforts in equality and diversity.

What is the company's stance on regulatory compliance?

Gap Inc. emphasizes compliance with regulatory requirements and ensures timely responses to inquiries, maintaining accurate financial and GST records.

Are communication skills important for the Accountant role?

Yes, strong written and verbal communication skills are essential, as the role requires interaction across teams and at various levels of management.

Does the company provide support for audits?

Yes, the Accountant will assist in statutory and internal audits, collaborating with internal teams to maintain accurate records and support preparation of compliance-related documents.

Retail & Consumer Goods
Industry
10,001+
Employees
1969
Founded Year

Mission & Purpose

Our brands bridge the gaps we see in the world. Old Navy democratizes style to ensure everyone has access to quality fashion at every price point. Athleta unleashes the potential of every woman, regardless of body size, age or ethnicity. Banana Republic believes in sustainable luxury for all. And Gap inspires the world to bring individuality to modern, responsibly made essentials. This simple idea—that we all deserve to belong, and on our own terms—is core to who we are as a company and how we make decisions. Our team is made up of thousands of people across the globe who take risks, think big, and do good for our customers, communities, and the planet. Join our team.