Director of Commercial Accounting

Saks

Director leading inventory valuation, margin accounting, audits, and systems transformation for Saks Global’s multi-brand luxury retail business. Managing commercial accounting teams and cross-functional finance partnerships.

Posted 8/5/2026full-timeRemote • Texas • 🇺🇸 United StatesLead💰 $151,000 - $196,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in accounting strategy execution, inventory valuation, and financial reporting in compliance with US GAAP. Proven ability to lead teams, manage complex financial narratives, and drive automation in financial processes.

Highest-signal resume keywords

Bachelor’s Degree In Accounting Or Finance8–12+ Years Of Progressive Accounting And Finance Leadership ExperienceCPA Or MBAMaster-Level Knowledge Of Weighted-Average-Cost AccountingProficiency In Enterprise ERPs Such As Workday, SAP, Or Oracle

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Accounting Strategy ExecutionInventory ValuationFinancial ReportingGAAP ComplianceMulti-Channel Inventory ManagementCost Of Goods Sold AnalysisMargin ReportingFinancial Data IntegrityDigital Transformation LeadershipAutomation In Financial Processes

Soft Skills

Relationship BuildingAnalytical RigorCross-Functional PartnershipContinuous Process ImprovementCommunication With Executives

Tools & Technologies

WorkdaySAPOracleWorkivaOneStreamHyperionEPMPoint-Of-Sale SystemsOrder Management SystemsEnterprise-Level Stock Ledger

Certifications & Qualifications

CPAMBA

Industry Keywords

RetailConsumer GoodsInventory ManagementFinancial NarrativesAudit Relationships

Tech Stack

Tools & technologies

Oracle

About the role

Key responsibilities & impact

Define and execute the accounting strategy for the inventory portfolio, including owned product, consignment, leased shop-in-shops, and dropship arrangements
Oversee accounting policies and operational execution for inventory valuation, sales and margin reserves, and cost of goods sold
Provide strategic finance partnership to Merchandising and Supply Chain leaders on gross margins, markdown impacts, and inventory aging
Design and maintain accounting frameworks for consignment models, brand partner margin splits, concessions, and product licensing arrangements
Ensure margin and inventory reporting adheres to US GAAP, debt compliance requirements, and applicable deadlines
Prepare reference schedules and executive presentation materials for accounting and disclosure reviews
Direct month-end, quarter-end, and year-end close processes for inventory and sales reserves, payables reserves and settlements, and other margin impacts
Lead external audit relationships for inventory valuation, shrinkage provisions, obsolescence modeling, borrowing base measurements, and reporting
Manage interactions with bank agents, auditors, and valuation specialists
Lead commercial and finance participation in technology and systems initiatives affecting inventory, sales, and margin
Drive automation across landed-costing calculations, vendor allowance tracking, cross-banner inventory transfers, reserve analysis, and accounting
Build, mentor, and lead a high-performing team of inventory and gross margin accountants, analysts, and specialists
Foster analytical rigor, cross-functional partnership, and continuous process improvement

Requirements

What you’ll need

Bachelor’s degree in Accounting or Finance required
8–12+ years of progressive accounting and finance leadership experience
Minimum of 4–5 years in a managerial or director role within retail or consumer goods preferred
CPA or MBA strongly preferred
Ability to synthesize complex GAAP rules and articulate financial narratives to executives, auditors, and board members
Skilled at building relationships across business units and functional support teams
Precision regarding financial data integrity and adherence to reporting deadlines
Master-level knowledge of Weighted-Average-Cost Accounting for retail operations, landed cost structures, and luxury consignment models
Strong technical accounting knowledge and experience applying authoritative guidance to complex cross-functional transactions
Demonstrated experience managing multi-channel inventory
Deep experience with enterprise-level stock ledger/inventory management, order management, and point-of-sale systems
Proficiency in enterprise ERPs such as Workday, SAP, or Oracle
Proficiency in financial reporting/consolidation software such as Workiva, OneStream, Hyperion, or EPM
Proven track record leading digital transformation or finance-system implementation projects

Benefits

Comp & perks

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
Medical insurance
Dental insurance
Vision insurance
401(k) retirement plan
Basic life insurance
Supplemental life insurance
Disability insurance
Additional voluntary benefits such as critical illness, hospital and accident insurance
Reasonable accommodations for applicants with disabilities