Accountant I - Gross Margin (Non-Retail)

Macy's • Springdale, OH

8d

About The Position

The Accountant I - Gross Margin ensures the timely and accurate accounting and reporting of sales and gross margin across all non-retail divisions. The role supports accounting for Licensed and Marketplace vendors by managing vendor agreements, reconciling and balancing sales, and providing insights to support Balance Sheet and P&L forecasting and analysis.
The Accountant I - Gross Margin partners closely with internal teams and external vendors to maintain smooth operations and accurate financial reporting. The role also contributes to team initiatives by supporting projects, system testing, process monitoring, and the development of financial insights, plans, and ROFs that inform company-wide strategic decisions.

Requirements

• 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.

Responsibilities

• Review and analyze weekly gross margin data to ensure accuracy, identifying variances and recording necessary financial adjustments.
• Support the People Leader on key company initiatives and projects, including financial reporting, planning, ROFs, testing, and data analysis aimed at improving processes and performance.
• Partner with licensed department teams and Macy’s business partners to respond to inquiries, resolve disputes, and ensure accurate execution of contractual agreements.
• Prepare and review monthly account reconciliations, leveraging accounting systems to identify, investigate, and resolve discrepancies in a timely manner.
• Execute month-end close responsibilities accurately and on time, collaborating with the broader finance team to meet reporting deadlines.
• Administer and manage agreements and contracts for licensed departments, marketplace vendors, and other revenue arrangements, ensuring compliance with contractual terms and timely processing.
• Develop, run, and maintain SQL queries and programs to extract and analyze financial data, continuously optimizing code as business needs evolve.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level