Accounting Manager, Inventory Accounting

$69,000 - $124,200/Yr

Target - Brooklyn Park, MN

Full-time - Mid Level

Brooklyn Park, MN

General Merchandise Retailers

About the position

As an Accounting Manager in Inventory Accounting at Target, you will play a pivotal role in ensuring accurate accounting and forecasting for inventory valuation, with a particular focus on vendor income. This position is not just about number-crunching; it involves being a collaborative partner within the finance team and across various departments. You will work closely with Financial Reporting, Corporate Financial Planning, and Merchandise Finance to facilitate timely and accurate month-end close routines, ensuring compliance with SOX guidelines. Your responsibilities will include completing SAP journal entries and developing and documenting accounting and control processes related to inventory management. In this role, you will have the opportunity to strengthen your analytical skills through both recurring and ad-hoc analysis. Building strong relationships will be key, as you will need to influence internal and external partners and provide client support to teams across the company, including Merchandising, Business Partnerships & Negotiations, and Finance Capabilities. You will also have the chance to indirectly manage talent by coaching and training team members, driving innovation and analytics to improve complex processes, and maintaining a robust internal control environment. Target values a healthy work-life balance, and this position offers a Hybrid/Flex for Your Day work arrangement, allowing you to work both onsite at the Target HQ in Minnesota and virtually, depending on the needs of your role and team. This flexibility is designed to help you thrive in your career while also taking care of your personal life.

Responsibilities

• Ensure accurate accounting for inventory valuation with a focus on vendor income.
• Complete SAP journal entries and facilitate month-end close routines in compliance with SOX guidelines.
• Develop and document accounting and control processes related to inventory management.
• Conduct recurring and ad-hoc analysis to strengthen analytical skills.
• Build strong relationships to influence internal and external partners.
• Provide client support to teams across the company, including Merchandising and Finance.
• Coach and train team members to indirectly manage talent.
• Drive innovation and analytics to improve complex processes.
• Maintain a strong internal control environment.

Requirements

• 4-year college degree in Accounting or Finance (Accounting preferred).
• 5+ years of relevant business experience.
• Knowledge of GAAP accounting standards and SOX requirements.
• Strong financial acumen, including data-driven decision-making.
• Outstanding communication skills, able to translate complex topics for partners and leadership.
• Excellent problem-solving and critical thinking skills.
• High level of independence, curiosity, and initiative.
• Ability to be resilient and adaptable in a fast-paced environment.

Benefits

• Comprehensive health benefits including medical, vision, dental, and life insurance.
• 401(k) plan.
• Employee discount program.
• Short-term and long-term disability insurance.
• Paid sick leave.
• Paid national holidays.
• Paid vacation.