Accountant I - Gross Margin

Macy's is a longstanding retail company known for its rich history and community involvement. The Accountant I in the Inventory department of Gross Margin is responsible for ensuring the accuracy of financial records, conducting analyses, and supporting various financial initiatives. This role requires strong analytical skills and proficiency in financial systems and SQL programming.ResponsibilitiesConduct weekly reconciliation between the cost inventory system and unit merchandise databases, investigating any discrepancies and initiating necessary fixes or enhancementsTake part in reconciling financial inventories, preparing and approving adjusting entries, and ensuring the balance of inventory systemsSupport 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 initiativesParticipate in defining and reconciling RFID cycle counts, conducting analyses, recommending adjustments, and providing support for unit adjustmentsGenerate financial analyses, develop and execute SQL programs to extract data from various datasets, maintain these programs as needed, and implement changes as processes evolveOversee the management of merchandise allowances from retail to expense/balance sheet, ensuring correct taxation for awardsManage the financial aspects of the merchandise loan room for Corporate Marketing and EventsConduct analytical reviews, test, and implement system enhancements, assist in developing methodologies, and support training activitiesAssist their People Leader with tasks related to company initiatives and projects, including reporting, testing, and analysisTake part in financial system design and testing, support system rollouts across the organization, and provide assistance to users as requiredMaintain regular, dependable attendance, and punctualityFoster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communitiesIn addition to the essential duties mentioned above, other duties may be assignedSkillsAbility to ensure accuracy and reliability in financial and systemic records related to merchandise item reporting files within the financial cost accounting systemAbility to generate financial analyses, develop and execute SQL programs to extract data, maintain programs, and implement changes as processes evolveProficiency in conducting analytical reviews, testing, and implementing system enhancements, as well as assisting in developing methodologies and supporting training activitiesExcellent written and verbal communication skills, including the ability to communicate clearly in meetings with colleagues both within and outside the Gross Margin DepartmentStrong 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 proportionsProficiency in Excel is required, and knowledge of database queries and SQL is strongly preferredHighly organized and detail-oriented, with a focus on maintaining accuracy in all tasksCandidates with a bachelor's degree or equivalent work experience in a related field are encouraged to applyRegularly 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 visionAble to work a flexible schedule based on department and company needsKnowledge of database queries and SQL is strongly preferredBenefitsMerchandise discountsPerformance-based incentivesAnnual merit reviewEmployee Assistance Program with mental health counseling and legal/financial adviceTuition reimbursementCompany OverviewMacy's is America’s store for life. The largest retail brand of Macy's, Inc. It was founded in 1858, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is http://www.macysjobs.com.



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