SUMMARY

The Staff Accountant for Merchandise Accounting is responsible for vendor contracts, rebate, damage allowance, and new store allowance accounting, which includes monthly accruals, journal entries, vendor collections, and account reconciliations. This position collaborates with internal teams to resolve any vendor-related issues and ensures compliance with company policies and procedures. Responsibilities also include various reporting requirements that includes approximately 1,100 active merchandise vendors. Program analysis is done at the vendor/program level under varying collection methods and frequencies. Allowances and deductions for rebates, cash discounts and new store are approximately $50 million.

JOB DUTIES

• Responsible for reviewing and assisting in the preparation of various month end journal entries and account reconciliations related to vendor programs including the monthly capitalization journal entries and related schedules.

• Calculates and prepares the damage allowance vendor deductions and related schedules and databases.

• Calculates and prepares the new store allowance deductions and related schedules and databases.

• Calculates and prepares all vendor receivable journal entries and audits the schedules for accuracy and completeness.

• Calculates and prepares the rebate deductions, including uploads and letters.

• Prepares various vendor debit memos or credit memos. Assists in the resolution of vendor rebate receivable balances. Answers vendor correspondence and merchant questions.

• Assists with ad hoc reporting requests and analysis. Assumes additional responsibilities and performs special projects as needed.

• Assists with the store physical inventory process by reviewing store reconciliations completed by the reconcilers.

• Assists in the review of vendor contracts and maintains the list of active vendors and their current terms across all department schedules and databases.

EDUCATION & EXPERIENCE

Education Minimum: Bachelor's Degree in Accounting or Finance
Education Preferred: Master's in Business Administration, Accountancy or Finance
Experience Minimum: 0-2 years of Accounting / Finance Experience

Experience Preferred: 3-5 years in an accounting or finance related role

KNOWLEDGE, SKILLS & ABILITIES

• Demonstrates sense of urgency.
• Completes tasks efficiently and accurately.
• Challenges the status quo and supports new initiatives, processes and actions where appropriate.
• Knowledge of accounting principles/practices
• Able to prioritize tasks as it relates to importance.
• Uses sound, fact-based analysis to assist leaders in the decision-making process.
• Proficient in Excel, Access and Word

This position will be located at:

5555 Darrow Road Hudson, OH 44236

Eligibility for benefits and incentives is dependent upon employment status. JOANN offers the following benefits and incentives to eligible Team Members:

• Medical, Dental and Vision benefit plans 
• Company-paid basic, Optional, and Dependent life insurance 
• Long-term disability and Company-paid Short-term disability 
• Paid Time Off and Sick Time  
• Tuition Reimbursement 
• Team Member Discount

For more details on benefits and eligibility requirements, Click Here or visit https://joann.myben.site/

.