Job description
Salary Range $73,000 - $95,000*Job Description:
WHO WE ARE:
Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks OFF 5TH. Powered by our talented colleagues, we are redefining luxury shopping by offering each customer a personalized experience across our store network and e-commerce platforms. Through strong partnerships with the world’s most esteemed brands, cutting-edge technology and the industry’s most comprehensive luxury customer data, Saks Global is shaping the future of retail.
YOU WILL BE:
The Sr Analyst, Consignment Accounting, is a detail-oriented, driven finance professional who thrives at the intersection of accounting rigor and retail innovation. In this role, you will take ownership of consignment accounting processes that directly impact inventory accuracy, vendor partnerships, and financial performance ensuring integrity across the financial ecosystem. Working cross-functionally with Merchandising, Supply Chain, and FP&A, you will design, analyze, and continuously improve processes that scale with a dynamic retail organization. Your expertise will enable smarter decisions, stronger controls, and a seamless flow of insights that empower the business to grow with confidence.
YOU WILL DO:
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, delivering 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 ensure alignment 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.
Improve systems and processes by identifying automation opportunities and implementing scalable solutions within ERP and reporting tools.
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.
YOU WILL BRING:
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., Power BI, 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
YOUR LIFE AND CAREER AT SAKS GLOBAL:
Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation
Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate
Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental)
An amazing employee discount
Benefits:We offer the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).
Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.
Originally posted on Himalayas
Who can apply
Eligible countries: United States. Accepted UTC offsets: UTC-10, UTC-9, UTC-8, UTC-7, UTC-6, UTC-5, UTC+14. Review the full description for employer-specific work authorization, residency and schedule requirements.