Remote Senior Analyst — Consignment Accounting

Saks Fifth Avenue; Town of Texas (WI); On-site; USD 73,000 - 95,000; Full time

Benefits offered by this job

Employee discount

Comprehensive benefits

Job summary

Saks Fifth Avenue is seeking a Sr Analyst, Consignment Accounting to own end-to-end consignment processes, ensuring GAAP/IFRS compliance and seamless collaboration with Merchandising, Supply Chain, and FP&A.

You will drive month-end close, build robust financial models, strengthen internal controls, and provide actionable insights for leadership while mentoring junior analysts on the corporate finance team.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 4–6+ years of progressive experience in corporate finance, accounting, or retail finance.
• Strong knowledge of inventory accounting and revenue recognition principles.
• Experience with ERP systems (SAP, Oracle, NetSuite) and advanced Excel.
• Proven ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
• Strong analytical, problem-solving, and communication skills.

Responsibilities

• Lead the end-to-end consignment accounting process, including revenue recognition, inventory accounting, and vendor settlements, ensuring compliance with GAAP/IFRS and company policies.
• Analyze consignment inventory performance, variances, and margin trends, delivering actionable insights to Finance and Merchandising leadership.
• Drive month-end close activities for consignment accounts, ensuring timely, accurate journal entries and reconciliations (KPIs: close cycle days, reconciliation accuracy).
• Partner cross-functionally with Merchandising, Supply Chain, and Vendor Management teams to ensure alignment on inventory flows, contract terms, and financial impacts.
• Build and maintain robust financial models to track consignment profitability, inventory turns, and vendor performance (KPIs: inventory turnover, gross margin %).
• Evaluate and strengthen internal controls around consignment processes, minimizing risk and ensuring audit readiness (KPIs: audit findings, control effectiveness).
• Create reporting dashboards and executive summaries that translate complex financial data into clear business insights for decision-makers.
• Improve systems and processes by identifying automation opportunities and implementing scalable solutions within ERP and reporting tools.
• Support external and internal audits by preparing documentation, responding to inquiries, and ensuring full transparency of consignment accounting practices.
• Mentor junior analysts and contribute to a culture of continuous improvement and financial excellence within the corporate finance team.

Skills

Advanced Excel

GAAP/IFRS knowledge

Revenue recognition

Inventory accounting

ERP systems (SAP, Oracle, NetSuite)

Analytical skills

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

CPA or equivalent certification

Tools

Power BI

Tableau

Job description

Saks Fifth Avenue is seeking a Sr Analyst, Consignment Accounting to own end-to-end consignment processes, ensuring GAAP/IFRS compliance and seamless collaboration with Merchandising, Supply Chain, and FP&A.

You will drive month-end close, build robust financial models, strengthen internal controls, and provide actionable insights for leadership while mentoring junior analysts on the corporate finance team.