Accountant I - Macy’s Media Network
Macy's
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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 Macy’s Media Network (MMN) Accountant I to join our finance team. This position ensures the timely and accurate accounting and reporting of MMN income, receivables, and invoices across all divisions. In this role, you will support accounting for MMN vendors by managing vendor agreements, balancing campaigns and receivables, resolving payment issues, and ensuring amounts are collected accurately and on time. You will also provide insights to support forecasting and analysis of the Balance Sheet and P&L, while partnering closely with internal teams and vendors to promote smooth operations and accurate financial reporting. Additional responsibilities include completing account reconciliations, supporting the month-end close, fulfilling audit requests, addressing payment discrepancies and delinquencies, and contributing to team projects, system testing, process monitoring, financial plans, ROFs, and company-wide strategic initiatives. This position is based in Cincinnati, OH.
What You Will Do
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Prepare and process invoices for Macy’s Media Network and ensure invoices are issued accurately and in a timely manner.
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Manage the Accounts Receivable collection process, including monitoring aging, following up with vendors and merchant teams on past-due balances, resolving payment issues, and escalating delinquent accounts as appropriate.
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Perform account reconciliations, research variances and discrepancies, and ensure account balances are accurate and properly supported.
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Complete monthly financial closing activities, including preparation and posting of GL entries and analysis of account balances.
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Collaborate with Macy’s Media Network billing operations to resolve billing issues and discrepancies that may delay payment.
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Investigate and resolve vendor inquiries, payment discrepancies, and disputes related to Advertising co-op and Macy’s Media Network invoices.
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Fulfill internal and external audit requirements, including SOX monitoring and providing supporting documentation as requested.
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Produce monthly and seasonal performance reports and other ad hoc analyses.
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Maintain accurate documentation of invoices, payments, reconciliations, collection activity, and outstanding balances.
Skills You Will Need
Leadership and Team Management: Capability to supervise direct reports, review their work, and oversee their career development.
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 is preferred.
- This role involves performing essential job functions such as communication, collaboration, and use of office and computer systems. Responsibilities include the ability to access and review written and electronic information, and to move within the work environment and interact with workplace materials as needed to carry out job responsibilities.
- 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:
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Merchandise discounts
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Performance-based incentives
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Annual merit review
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Employee Assistance Program with mental health counseling and legal/financial advice
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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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