Senior Accountant, Merchandise Accounting

Recruiter
Neiman Marcus
Location
Irving, Texas, United States
Posted
17 Jun 2022
Closes
09 Sep 2022
Ref
21767
Function
Finance
NEIMAN MARCUS GROUP

Neiman Marcus Group (NMG) has been the premier destination for luxury fashion and goods, superior service, and an elevated retail experience for more than a century. Today, 9,000 associates contribute to the success of NMG's brands: Neiman Marcus, Bergdorf Goodman, Last Call, and Horchow. There are 38 full-line Neiman Marcus stores in cosmopolitan markets across the United States and a sophisticated digital platform that attracts shoppers worldwide. Bergdorf Goodman operates two stores in landmark locations on Fifth Avenue in New York City and BergdorfGoodman.com, catering to loyal luxury customers globally. NMG also owns five Last Call stores and Horchow.com, an e-commerce site that offers premium furniture and home decor.

As an organization, NMG is on a transformational journey to become the preeminent luxury customer platform. NMG continues to deliver the best integrated customer experience and has evolved the business to succeed in the ever-changing retail landscape. NMG is a relationship business. What differentiates the organization from other luxury retailers are its unique assets: a strong store footprint, the most knowledgeable associates, an engaging online experience, solid brand partnerships, innovative digital and in-store experiences, the most loyal luxury customer base, and a strong balance sheet.

Our customers will always be at the center of everything NMG does. The company continues to reinvest in new technologies that enhance the customer experience. NMG meets customers where they are. NMG's goal is to offer customers a seamless experience across its stores, online, and remote digital selling.

NMG's priority is to develop a highly engaged and high-performing team where everyone belongs. The business attracts and retains best-in-class talent through unique offerings provided to associates in addition to standard employer benefits. These include an innovative way of working, associate discounts on merchandise, tuition reimbursement, associate hardship fund, and paid time off to volunteer, to name a few.

As part of NMG's Environmental, Social, Governance (ESG) work, the organization is focused on driving its core value of being "All Heart." NMG is also assessing its current environmental and social impact while developing a three-year plan to lead the luxury industry in its commitment and transparency to environmental and social sustainability. NMG strives to become an employer of choice, driven by a culture of Belonging. A dedicated team focuses on this journey, directly impacting how NMG conducts business throughout the workforce, workplace, and marketplace dimensions.

NMG has incredibly passionate and committed corporate and store associates. NMG offers associates an environment where everyone feels welcomed, nurtured, and empowered. Our associates are the heart of NMG. As an organization, NMG leads with love - love for customers, love for associates, and love for brand partners.

Summary:

The Senior Accountant will be responsible for various accounting activities within the Merchandise Accounting team. These include supporting the month-end close process, journal entries, retail stock ledger balancing and balance sheet reconciliations. You will also support the monthly reporting function by preparing various financial reports and schedules and manage various ad-hoc requests for data or analysis from business partners and management.

This role is an excellent opportunity to join Neiman Marcus at a time of significant growth. By joining the Merchandise Accounting team you will gain valuable experience within the retail industry and work with many different departments within the company.

Responsibilities:
  • Completion of assigned monthly close activities
  • Ensuring recognition of merchandise inventory and gross margin is in compliance with the Company's accounting policies
  • Preparation of assigned reporting deliverables for merchandise inventory and gross margin
  • Analyze variances and provide commentary on prepared reports and schedules
  • Build relationships with FP&A and Merchants to understand variances and provide commentary for reporting deliverables
  • Preparation of monthly reconciliations
  • Partner with Merchants to prepare quarterly reports relating to inventory reserves
  • Responsible for special projects along with day-to-day inventory accounting function


Job Requirements:
  • Bachelors degree in Accounting/Finance
  • 3+ year's Accounting/Finance experience (Public Accounting experience a plus)
  • Strong accounting skills (Retail/Inventory experience a plus)
  • Experience with major ERP system (such as Oracle, PeopleSoft, or SAP a plus)
  • Excellent Excel skills (SQL experience a plus)
  • Ability to interrogate, manipulate and understand data from various inventory systems which integrate with Oracle to determine the correct accounting position
  • Very flexible and able to function in a dynamic environment with changing priorities
  • Strong interpersonal skills and ability to work well with people at various levels (including non-financial associates)
  • Strong written communication skills
  • Ability to handle multiple tasks in a deadline-driven environment
  • Ability to work independently as well as in a team

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