Accountant I Gross Margin

About This Role

The Accountant I in Gross Margin ensures the accuracy of financial and systemic records for merchandise item reporting within the cost accounting system, assisting with financial inventories, RFID cycle counts, and investigating variances. This role supports the People Leader in maintaining internal and external system accuracy and contributes to company-wide initiatives through testing and KPI analysis.

Responsibilities

• Conduct weekly reconciliation between the cost inventory system and unit merchandise databases, investigating discrepancies and initiating 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

Requirements

• Ability to ensure accuracy and reliability in financial and systemic records related to merchandise item reporting files within the financial cost accounting system
• 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
• Highly organized and detail-oriented, with a focus on maintaining accuracy in all tasks

Qualifications

• bachelor’s degree or equivalent work experience in a related field

Nice to Have

• Ability to generate financial analyses, develop and execute SQL programs to extract data, maintain programs, and implement changes as processes evolve
• Knowledge of database queries and SQL

Skills

* Required skills

Benefits