Gap, Incorporated Work Values

Daily Duties at Gap, Incorporated:

This position was as an excellent introduction into Gap Incorporated, the multiple accounting modules within Oracle and becoming part of seamlessly transitioning the Project Costing department from San Francisco, CA to Albuquerque, NM. Under the general direction of the Project Accounting Manager, tracked fixed assets and expense costs according to SOX, FASB and GAAP policies, forecasted Estimated Financial Cost (EFC) of all new construction projects and remodel projects within the continental United States, Puerto Rico and Canada for over 3,000 Banana Republic, Gap, Old Navy and Outlet stores. • Responsible for the accurate and timely processing of project data related to Real Estate Construction Accounting. Prepare reporting of construction activity to business partners, and act as a resource to business partners for inquiries related to these projects. Publish monthly financial forecast for quarterly submission to stock exchange. • Continue to improve the quality, accuracy, and completeness of forecast reporting and analysis. • Lead the set up of project commitment budgets into project accounting and assurance that projects comply with GAAP and Company policy relative to capital versus expense projects and correct classification of all assets into the Fixed Assets module of Oracle. • Perform key project accounting activities including the monthly allocations of general contractor costs to detailed project tasks, uploading the transfer of point of sale equipment into the project, reviewing and uploading internal labor for capitalization, and setting up receivables for landlord charge backs and lease incentives. • Work with Project Managers to close purchase commitments, coordinate with Accounts Payable and Fixed Assets as required to ensure timely transfer of project costs to fixed assets, expense accounts and closure of projects accounts following completion of construction period. • Execute to all requirements for Sarbanes Oxley (SOX) compliance. Document, test and report controls in both business processes and system processes. Assist in the planning of the SOX compliance timing and resource requirements on an ongoing basis. Identify control issues and process deficiencies through review and audit of processes. • Interpret (Financial Accounting Standards Board) FASB and Generally Accepted Accounting Principles (GAAP) requirements. Review audit results with senior management and present outcome to leadership. • Assist with the monthly/quarterly/yearly reporting requirements of each of the four Brands to the Brand Finance departments and Construction departments, including analysis of variances between actual cost and forecasted cost, cost trends and dashboards. • Interact with business partners to obtain a thorough understanding of business practices and end-to- end processes. Coordinate and lead monthly and quarterly meetings with Brands to effectively foster communication and promptly resolve concerns or questions from Brands regarding Real Estate processes. Interface in a consulting capacity with departmental and cross-functional business partners to provide analysis and solutions. • Participate in special projects as assigned by Leadership and Management.

What they like about Gap, Incorporated:

A hiring company that offers alternative approaches to pay, performance bonuses, and/or equity in the firm is very attractive to you. You're generally less interested in working for an organization offering only traditional, salary-based compensation, one with limited opportunity to acquire equity in the firm, or one that does not actively promote skill development. In addition, you are more likely to choose a company that offers a variety of internal career options, with defined career paths. You view the learning of new skills and development of your expertise as key to your career advancement. These aspects of an organization may become even more important to you as you progress in your field, and are especially critical if you change career or occupation.

Tags

Financial Analyst, Manager, Budgeting, Dashboard, Oracle, Microsoft

Skills

P&L responsibilities, Presentation, Ecommerce Strategy and digital marketing channels optimization - SEO, SEM, email, affiliates - for high-profile accounts., Technology Solutions, Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership , Financial Analysis, Department Management

These are some of the questions we asked our climbers about their experiences with Gap, Incorporated: