Position Purpose:
Supports the team responsible for store inventory financial accuracy, the various components that influence inventory values under the Retail Math calculation (markups/markdowns/shrink), and Deferred Sales. Owner of markdown and / or shrink impacts to inventory balances, among other ad hoc issues. This position is part of the broader Merchandise Inventory Accounting team and a world-class Controllership organization, which serves as a strategic and innovative partner focused on financial statement integrity and supporting business growth.
Key Responsibilities:
- 70% Operational Duties:Owns the markdown and / or shrink impacts to inventory balances, troubleshoots IT and operational issues that result in inaccuracies in the Retail Math calculation, provides ad hoc analytical support to finance and field partners.
- 15% Collaboration: Partners with Finance, Accounting and operational partners on inventory fluctuations and impacts to Retail Math components. Effectively develops trust and collaboration with internal customers and cross-functional teams in other towers, collaborates with appropriate team members to gather input and feedback concerning business needs, understands the technical needs for tackling business problems
- 10% Project Support: Partners with the Manager and/or the Lead Analyst to work through continuous improvement efforts and special projects
- 5% Skill Building & Professional Development: Seeks further knowledge on key developments and trends within finance (e.g., analytics, intelligent automation, robotics)
- This position typically reports to the Manager, Store Inventory Accounting
- This position has no direct reports
Travel Requirements:
Typically requires overnight travel less than 10% of the time.
Physical Requirements:
Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions, there may be a need to move or lift light articles.
Working Conditions:
Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
Minimum Qualifications:
Must be at least 18 years old
Must be legally permitted to work in the United States
Preferred Qualifications:
- Progress toward CPA preferred; strong foundational understanding of GAAP and core accounting logic
- Exposure to Retail Math and Gross Margin analysis
- Proficiency in Microsoft Office Suite; exposure to SAP S4 HANA, GBQ and/or SQL preferred
- Ability to work independently and complete work accurately and on schedule within a fast-paced environment
- Ability to prepare and present clear and concise reporting / updates to manager or senior manager-level stakeholders
- Strong analytical, problem solving, and research skills; experience with data analytics / data visualization is a plus
- Ability to anticipate work needs and interact professionally with customers
- Excellent organizational skills and attention to detail
Minimum Education:
The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in Accounting or Finance
Preferred Education:
Bachelor’sin Accounting or Finance
Minimum Years of Work Experience:
2 years
Preferred Years of Work Experience:
2+ years
Minimum Leadership Experience:
None
Preferred Leadership Experience:
None
Certifications:
Progress toward CPA preferred
Competencies:
- Action Oriented
- Nimble Learning
- Collaborates
- Cultivates Innovation
- Instills Trust
- Optimizes Work Processes
- Builds Networks
- Communicates Effectively
- Customer Focus
- Drives Results