Staff Accountant, Retail Gross Margin

Macy's, Inc. Cincinnati , OH 45201

Posted 2 weeks ago

Job Overview:

A Staff Accountant in the Retail Gross Margin area is responsible for the timely and accurate accounting and reporting of sales and retail gross margin for 1-2 retail operating divisions, ensures all accounting is in strict compliance with GAAP, and assists with internal and external audit questions, including the reporting, follow-up, and resolution of vendor collections for Markdown Allowances. This position assists the manager in ensuring all retail systems, both internal to the department and external feeds, are designed, tested, and monitored for accuracy, and performs routine balancing procedures to ensure accuracy.

Perform other duties as assigned. This position is based out of Cincinnati, OH.

Essential Functions:

  • Record weekly entries and reporting relating to Gross Margin, balance and troubleshoot financial systems

  • Create financial analyses, design and execute queries against financial databases

  • Monthly closing of Gross Margin components for financial statements, communicate exceptions to divisions, follow-up on responses

  • Perform balance sheet account reconciliations, analyze and report variances, create consolidated reports as needed

  • Participate in financial system design and testing, assist with system rollouts to organization, provide support to users as needed

  • Regular, dependable attendance & punctuality.

Qualifications:

Education/Experience:

  • Bachelor's Degree in Accounting required with one year of related experience preferred.

Communication Skills:

  • Excellent written and verbal communication skills.

  • Ability to read, write and interpret instructional documents such as contract and procedure manuals

Mathematical Skills:

  • Must have excellent mathematical skills.

  • Ability to apply concepts of profitability and statistical inference, algebra and geometry to practical situations.

  • Ability to calculate interest, discounts, fractions, percentages, ratios, and proportions.

Reasoning Ability:

  • Must be able to work independently with minimal supervision.

Physical Demands:

  • This position involves extended periods of sitting and the extensive use of computer and the office equipment.

  • May involve stooping, kneeling, or crouching.

  • Involves close vision, color vision, depth perception, and focus adjustment.

Other Skills:

  • Proficiency in Excel is required, knowledge of database queries preferred.

  • Highly organized and detailed.

Work Hours:

  • Ability to work a flexible schedule based on department and company needs.

This job description is not all inclusive. Macy's Inc. reserves the right to amend this job description at any time. Macy's Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.


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Staff Accountant, Retail Gross Margin

Macy's, Inc.