Sr. Accountant - Inventory (Remote)

Job Description

Who we are...

Nordstrom is a specialty retailer offering the very best in fashion and customer service since 1901. We live by five simple values that guide how we work together day-to-day.  We are customer-obsessed, owners at heart, curious and ever-changing, we extend ourselves to our peers and our customers, and we’re here to win! Our Accounting & Reporting team is seeking Sr Accountant to support our Inventory business units.

** This role is being offered remote full time - If you reside in the Seattle, WA area there may be occasional in office work required.

Nordstrom is able to offer employment of this position in all US states except AR, CA, MS, MT, NE, NH, ND, SD, VT, WV, and WY.

 #LI-Remote

A day in the life...

Under general supervision, this role is responsible for the more complex accounting and analysis activities related to merchandise inventory and cost of goods sold transactions, the core of our business. This role benefits from a systematic and analytical skill set, combined with a strong accounting foundation, given the complexities of our omnichannel merchandising ecosystem.

• Contribute to month-end close process to ensure timely, accurate financial results in compliance with GAAP and accounting policies
• Accurately analyze, report on and reconcile inventory and merchandise margin results, summarize activity, resolve reconciling differences appropriately
• Accurately analyze and report on physical inventory count results across stores and supply chain facilities
• Analyze and record judgmental reserves and accruals related to excess and obsolete inventory, improve predictive modeling and precision of margin results
• Critically review and accurately record transactions into the general ledger, including understanding upstream systems, business processes and interfaces/feeds, and required GAAP adjustments
• Support planning and forecasting processes, and understand the Balance Sheet, P&L and cash flow statement impacts of account activity, including classifications of financial statement line items
• Able to analyze and articulate business performance and financial drivers
• Recommend and drive improvements to merchandise and general ledger systems and upstream business processes
• Assist in quarterly and annual external audit requests
• Perform ad-hoc projects, and support broader ongoing strategies as the business evolves
• Strives to exceed goals and expectations

You own this if you have...

• Bachelor’s degree in Accounting
• Minimum of 5 years of relevant experience
• Knowledge of US GAAP
• Previous inventory accounting experience
• Detail-oriented
• Experience in applying a systems thinking approach to problem solving highly valued.
• Ability to look at various systems and identify opportunities to improve connectivity and functionality preferred
• Strong problem solving skills
• Effective written and oral communication skills
• Proficient with Microsoft Excel
• Experience with Oracle General Ledger and Retail Merchandising System
• Experience with SQL and database fundamentals a plus

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