Company

Nordstrom IncSee more

addressAddressUnited States
type Form of workFull-time
CategoryAccounting/Finance

Job description

Job Description

The Business Accounting team within the Controllers Group is seeking an Individual Contributor (IC) Manager to own planning the day-to-day functions related to sales accounting for unowned inventory & sales reserve. This individual should be highly motivated, have outstanding organization skills, be an excellent partner for various business-facing teams, and be able to influence their direct team through dotted-line leadership. This individual will be responsible for:


A day in the life...

Marketplace/Unowned Inventory:

  • Account for $500M+ of sales generated through our unowned inventory channel.

  • Ensure the accuracy and compliance of revenue-related financial transactions in accordance with ASC606.

  • Detailed monitoring/oversight of sales transactions between 3rd party marketplace platform and company’s accounts.


Sales Return Reserve
:

  • Calculate future expected returns of purchased products

  • Develop trend analysis of returns to inform current return rates by channel (stores & digital)

  • Partner with business to stay abreast of customer buying and return behavior as it impacts the reserve.


General:

  • Perform month-end, quarterly and annual closing activities in compliance with GAAP and Company accounting policies, including the preparation of journal entries, account reconciliations, ad hoc analysis and financial reporting

  • Continuous improvement mindset and recommends improvements to systems, processes and policies

  • Deliver proactive, comprehensive, and relevant analysis, insights, and recommendations taking intoconsideration implications to the business and customer by collaborating across Finance and the organization

  • Perform ad-hoc accounting projects as directed


You own this if you have
/ are...

  • Bachelor’s degree in Accounting

  • 5 years of relevant experience

  • Knowledge of US GAAP

  • Ability to influence via dotted-line relationship with team members

  • Strong team player, is an owner, and ultimately focused on delivering results with high standards.

  • Strengths in problem solving, issue-resolution, attention to detail, and ability to multitask.

  • Strong organization skills with an emphasis on prioritization in a dynamic environment

  • Effective communication (oral & written) across the company with management, auditors and other depts.

  • Proficient with Microsoft Excel

  • CPA accreditation

  • Experience with Oracle General Ledger

We’ve got you covered…

Our employees are our most important asset and that’s reflected in our benefits. Nordstrom is proud to offer a variety of benefits to support employees and their families, including:

  • Medical/Vision, Dental, Retirement and Paid Time Away
  • Life Insurance and Disability
  • Merchandise Discount and EAP Resources

A few more important points...

The job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities and qualifications for this job.

Nordstrom will consider qualified applicants with criminal histories in a manner consistent with all legal requirements.

Applicants with disabilities who require assistance or accommodation should contact the nearest Nordstrom location, which can be identified at www.nordstrom.com.

© 2022 Nordstrom, Inc

Current Nordstrom employees: To apply, log into Workday, click the Careers button and then click Find Jobs.

Pay Range Details

The pay range(s) below are provided in compliance with state specific laws. Pay ranges may be different in other locations.

California: $80,000 - $165,000, Colorado: $80,000 - $132,000, Connecticut: $80,000 - $132,000, Hawaii: $80,000 - $132,000, Nevada: $80,000 - $132,000, New York: $80,000 - $165,000, Rhode Island: $80,000 - $132,000, Washington: $80,000 - $165,000 This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Learn more in the Nordstrom Benefits Overview by copying and pasting the following URL into your browser: https://careers.nordstrom.com/pdfs/Ben_Overview_17-19.pdf

Benefits

Store discount, Disability insurance, Health insurance, Dental insurance, 401(k), Paid time off, Employee assistance program, Vision insurance, Life insurance
Refer code: 8495426. Nordstrom Inc - The previous day - 2024-03-08 04:08

Nordstrom Inc

United States
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