Accountant I - Gross Margin (Non-Retail)

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

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.

What You Will Do

• 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.
• In addition to the essential duties mentioned above, other duties may be assigned.

Skills You Will Need

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.

Who You Are

• Candidates with a bachelor's degree or equivalent work experience in a related field are encouraged to apply. 1-3 years of related experience preferred.
• 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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