Accountant II - Gross Margin

Be part of an amazing story

Macy’s is more than just a store. We’re a story. One that’s captured the hearts and minds of America for more than 160 years. A story about innovations and traditions…about inspiring stores and irresistible products…about the excitement of the Macy’s 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We’ve been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Job Overview

The Accountant II in the Inventory department of Gross Margin ensures the accuracy and reliability of financial and systemic records pertaining to merchandise item reporting files within the financial cost accounting system. They assist with financial inventories and RFID cycle counts, updating results, conducting analytics, and reporting to various stakeholders. Additionally, they investigate variances, test system enhancements, and fulfill other related duties. This role supports the Senior Manager in ensuring the accuracy of internal and external systems through design, testing, and monitoring procedures. It requires adept use of accounting principles and data analytics for both routine and ad hoc tasks. Furthermore, the Accountant II contributes to Companywide initiatives through testing, reporting, and analyzing key performance indicators (KPIs). This position is based in Springdale, Ohio, with the possibility of remote work for colleagues.

What You Will Do

• 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 the Senior Manager 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.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities
• Maintain regular, dependable attendance, and punctuality.

Skills You Will Need

Financial and Systemic Record Management: Ability to ensure accuracy and reliability in financial and systemic records related to merchandise item reporting files within the financial cost accounting system.

Leadership and Team Management: Capability to supervise direct reports, review their work, and oversee their career development.

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.

Analytical Review and System Enhancement: Proficiency in conducting analytical reviews, testing, and implementing system enhancements, as well as assisting in developing methodologies and supporting training activities.

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

Mathematical Aptitude: 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.

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

Organization and Attention to Detail: Highly organized and detail-oriented, with a focus on maintaining accuracy in all tasks.

Who You Are

• Candidates with a Bachelor’s degree or equivalent work experience in a related field are encouraged to apply. 1-3 years of related experience is preferred. 
• 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. 

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities. 

Some additional benefits we offer include:

• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement

Access the full menu of benefits offerings here. 

About Us

This is a great time to join Macy’s! Whether you’re helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people’s lives. 

Join us and help write the next chapter in our story - apply today! 

 

 

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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