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.



  • 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.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Staff Accountant II

Cincinnati Bell

Posted Yesterday

VIEW JOBS 3/24/2019 12:00:00 AM 2019-06-22T00:00 Staff Accountant II Cincinnati, OH Job Purpose This position will be responsible for gaining a thorough understanding of the new revenue recognition and lease accounting rules in order to manage the revenue recognition and lease review processes. Position will require management and ownership of the Revenue Management and LeaseQuery systems. Essential Functions * Understand rules for revenue recognition and leases to review contracts to determine and document proper accounting 20% * Work with sales, marketing, finance and operations to obtain pricing support and manage on-going processes for the revenue contract reviews 20% * Maintain the Revenue Management contract database to be used to track accounting treatment and disclosure status 20% * Manage LeaseQuery tracking tool - set up leases, work with subsidiary accountants to review leases, book monthly entries and complete account reconciliations, and to provide qualitative and quantitative information for 10Q and 10K disclosures 30% * Work with IT in order to implement any system updates that may affect the Revenue Management or LeaseQuery systems 10% Education Four years of College resulting in a Bachelor's Degree or equivalent Accounting Degree Experience/Background * 3 to 5 years work experience * 3 to 4 years of experience in Accounting or a related field Special Knowledge/Skills * Ability to learn quickly and adapt to changes * Excellent communication skills; comfortable interacting with Management at all levels * Advanced computer skills, including Microsoft Excel and Word * Attention to detail and excellent organization skills * SalesForce or LeaseQuery experience a plus Work Environment Office position Supervisory Responsibilities No Supervisory Responsibility Disability Accommodations Cincinnati Bell and Cincinnati Bell Technology Solutions is an Equal Employment Opportunity / Affirmative Action employer and we provide reasonable accommodations for qualifying individuals with disabilities and disabled veterans in our job application and interview procedures. If you would like to request an ADA accommodation for any part of the application and/or interview process, please contact our HR Compliance Department at (513) 841-6310 or send an email to If you should have any difficulty, you may use our alternative methods to express your interest in employment. A wonderful career awaits you! We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Cincinnati Bell Cincinnati OH

Staff Accountant, Retail Gross Margin

Macy's, Inc.