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.

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

Skills

• Ability to ensure accuracy and reliability in financial and systemic records related to merchandise item reporting files within the financial cost accounting system
• Ability to generate financial analyses, develop and execute SQL programs to extract data, maintain programs, and implement changes as processes evolve
• 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
• Proficiency in Excel is required, and knowledge of database queries and SQL is strongly preferred
• 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
• Knowledge of database queries and SQL is strongly preferred

Benefits

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

Company Overview