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Macy's · 2 days ago

Accountant I - Gross Margin

Springdale, OH

Full-time

Hybrid

New Grad, Entry Level

$55K/yr - $91K/yr

Macy's is a storied company that has been part of America's heart for over 160 years. The Accountant I in the Inventory department of Gross Margin will ensure the accuracy of financial records, assist with financial inventories, and conduct analytics while supporting various stakeholders. This role requires strong accounting principles and data analytics skills, contributing to companywide initiatives and system enhancements.

Consumer GoodsFashionRetail

Responsibilities

Conduct weekly reconciliation between the cost inventory system and unit merchandise databases, investigating any discrepancies and initiating necessary fixes or enhancements

Take part in reconciling financial inventories, preparing and approving adjusting entries, and ensuring the balance of inventory systems

Support all facets of the company's RFID program, including reporting, analyzing results, collaborating with vendors, developing software, and contributing to the design and testing of new technologies and initiatives

Participate in defining and reconciling RFID cycle counts, conducting analyses, recommending adjustments, and providing support for unit adjustments

Generate financial analyses, develop and execute SQL programs to extract data from various datasets, maintain these programs as needed, and implement changes as processes evolve

Oversee the management of merchandise allowances from retail to expense/balance sheet, ensuring correct taxation for awards

Manage the financial aspects of the merchandise loan room for Corporate Marketing and Events

Conduct analytical reviews, test, and implement system enhancements, assist in developing methodologies, and support training activities

Assist their People Leader with tasks related to company initiatives and projects, including reporting, testing, and analysis

Take part in financial system design and testing, support system rollouts across the organization, and provide assistance to users as required

Maintain regular, dependable attendance, and punctuality

Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities

In addition to the essential duties mentioned above, other duties may be assigned

Qualification

Financial Record ManagementFinancial AnalysisSQL ProficiencyAnalytical ReviewExcel ProficiencyMathematical AptitudeOrganizationCommunication SkillsAttention to Detail

Required

Ability to ensure accuracy and reliability in financial and systemic records related to merchandise item reporting files within the financial cost accounting system

Proficiency in conducting analytical reviews, testing, and implementing system enhancements, as well as assisting in developing methodologies and supporting training activities

Excellent written and verbal communication skills, including the ability to communicate clearly in meetings with colleagues both within and outside the Gross Margin Department

Strong mathematical skills, including the ability to apply concepts of profitability, statistical inference, algebra, and geometry to practical situations, as well as calculating interest, discounts, fractions, percentages, ratios, and proportions

Highly organized and detail-oriented, with a focus on maintaining accuracy in all tasks

Candidates with a bachelor's degree or equivalent work experience in a related field are encouraged to apply

Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision

Able to work a flexible schedule based on department and company needs

Preferred

Financial Analysis and SQL Proficiency: Ability to generate financial analyses, develop and execute SQL programs to extract data, maintain programs, and implement changes as processes evolve

Excel Proficiency and Database Knowledge: Proficiency in Excel is required, and knowledge of database queries and SQL is strongly preferred