Accountant I - Gross Margin

Be part of an amazing story.

Macy's is more than just a store. We're a story. One that's captured the hearts and minds of America for more than 160 years. A story about innovations and traditions...about inspiring stores and irresistible products...about the excitement of the Macy's 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We've been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Job Overview

We're seeking a detail-oriented, organized and proactive Gross Margin Accountant I to join our finance team. This position will ensure the timely and accurate accounting and reporting of sales and gross margin across all non-retail divisions. In this role, you will support the accounting for our Licensed and Marketplace vendors by managing vendor agreements, balancing sales, and providing insights into financial forecasting and analysis for the Balance Sheet and P&L. You'll also work closely with our internal teams and vendors to ensure smooth operations and accurate financial reporting. In addition, you will be instrumental in supporting team projects, system testing, process monitoring, and providing key financial insights, plans and ROFs that contribute to company-wide strategic initiatives. This position is based out of Cincinnati, OH, but it is designated as a remote position for colleagues.

What You Will Do

• Review and analyze weekly gross margin data to verify accuracy, identifying and making necessary financial adjustments.
• Support the People Leader with key company initiatives and projects, including financial reporting, planning, ROFs, testing, and data analysis to drive process improvements.
• Collaborate with licensed department teams and Macy's business partners to address inquiries, resolve disputes, and ensure smooth contractual execution.
• Prepare and review monthly account reconciliations, utilizing accounting systems to identify and promptly resolve any discrepancies.
• Ensure the accurate and timely completion of the month-end closing process, working collaboratively with the finance team to meet deadlines.
• Administer and manage agreements and contracts for the licensed departments, marketplace vendors and other miscellaneous revenue agreements ensuring timely processing and compliance with all contractual obligations.
• Run and maintain SQL queries and programs to extract and analyze data from various datasets. Ensure ongoing optimization of these programs as business processes evolve.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• Maintain consistent attendance and punctuality to meet team deadlines and business needs.

Skills You Will Need

Financial and Systemic Record Management: Ability to ensure accuracy and reliability in financial and systemic records related to Licensed Vendor reporting files within the company's financial system.

Excel Proficiency and Database Knowledge: Proficiency in Excel is required, and knowledge of database queries and SQL is strongly preferred.

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 organization.

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.

Organization and Attention to Detail: Highly organized and detail-oriented, with a focus on maintaining accuracy in all tasks.

Who You Are

• 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.

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities.

Some additional benefits we offer include:

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

Access the full menu of benefits offerings here.

About Us

This is a great time to join Macy's! Whether you're helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people's lives.

Join us and help write the next chapter in our story - Apply Today!

This job description is not all-inclusive. Macy's, Inc. reserves the right to amend this job description at any time. Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.

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