Sr Analyst, Consignment Accounting

Salary Range$73,000-$95,000* Overview Saks Global is the largest multi‑brand luxury retailer in the world, encompassing Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, and Saks OFF5TH. By blending cutting‑edge technology with deep customer data, the company is redefining the luxury shopping experience across its physical stores and e‑commerce platforms. Responsibilities Lead the end‑to‑end consignment accounting process, including revenue recognition, inventory accounting, and vendor settlements, ensuring compliance with GAAP/IFRS and company policies. Analyze consignment inventory performance, variances, and margin trends to provide actionable insights to Finance and Merchandising leadership. Drive month‑end close activities for consignment accounts, ensuring timely, accurate journal entries and reconciliations (KPIs: close cycle days, reconciliation accuracy). Partner cross‑functionally with Merchandising, Supply Chain, and Vendor Management teams to align on inventory flows, contract terms, and financial impacts. Build and maintain robust financial models to track consignment profitability, inventory turns, and vendor performance (KPIs: inventory turnover, gross margin%). Evaluate and strengthen internal controls around consignment processes, minimizing risk and ensuring audit readiness (KPIs: audit findings, control effectiveness). Create reporting dashboards and executive summaries that translate complex financial data into clear business insights for decision‑makers. Identify automation opportunities and implement scalable solutions within ERP and reporting tools to improve systems and processes. Support external and internal audits by preparing documentation, responding to inquiries, and ensuring full transparency of consignment accounting practices. Mentor junior analysts and contribute to a culture of continuous improvement and financial excellence within the corporate finance team. Required Qualifications Bachelor’s degree in Accounting, Finance, or related field. 4–6+years of progressive experience in corporate finance, accounting, or retail finance. Strong knowledge of inventory accounting and revenue recognition principles. Experience with ERP systems (e.g., SAP, Oracle, NetSuite) and advanced Excel skills. Proven ability to manage multiple priorities and meet tight deadlines in a fast‑paced environment. Strong analytical, problem‑solving, and communication skills. Preferred Qualifications CPA or equivalent professional certification. Experience in retail, e‑commerce, or consignment‑based business models. Familiarity with data visualization tools (e.g., PowerBI, Tableau). Experience driving process improvements or automation initiatives. Exposure to SOX compliance and internal control frameworks. Ability to influence cross‑functional stakeholders and drive business outcomes. Benefits Comprehensive benefits package including medical, vision, and dental insurance. 401(k) retirement plan. Life insurance, supplemental life insurance, and disability insurance. Additional voluntary benefits such as critical illness, hospital and accident insurance. Employee discount on Saks products. SaksGlobal is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with SaksGlobal and would like to request special assistance or an accommodation, please contact a recruiter. #J-18808-Ljbffr 060 SAKS & CO LLC