Target—Sr manager accounting

Job description

Description: Target is an iconic brand, a Fortune 500 company, and one of America’s leading retailers. Target has a great culture and is one of the best places to work. A brand known for its inclusive and collaborative work environment, Target is a preferred choice for our guests (customers) and team members alike. Target in India is an extension of our headquarters and a fully-integrated part of our global team. We have over 5,000 team members in Bangalore engaged in work that supports business areas across technology, marketing, human resources, finance, merchandising, supply chain, analytics, and reporting. Right on pace with Target’s distinctive retail brand, Target Finance and Accounting are transforming for the better. In Finance, you’ll be an integral voice in discussions that lead to Target’s unparalleled shopping experience. Your analysis and recommendations will be directly applied to critical business decisions, from sales to merchandising and beyond. Within Finance, you’ll enjoy the interesting challenges of the competitive retail space. You’ll see your contributions come to life in virtually every area of this dynamic enterprise. And you’ll grow and be challenged in your career while having a healthy balance with life outside of work. Sr Manager Accounting As a Sr. Manager Accounting, you will manage a team responsible for developing and overseeing accounting and financial processes, ensuring a timely and accurate accounting close and preparation of financial reports, and overseeing the execution of controls to ensure the accuracy of accounting. This role requires strong experience in Inventory Accounting, including knowledge of upstream and downstream processes across the inventory lifecycle, inventory valuation, physical inventory/count processes, receipt corrections, AP interfaces, tariff-related accounting impacts, shrinkage accounting, and the use of modern finance/accounting tools to drive accuracy, automation, and insights. You will review journal entries and account reconciliations and ensure compliance with SOX and internal control guidelines. You will be an active partner in the forecast and goal process and will work closely with other groups within the Controller and Finance organizations. You will work on special projects and ad-hoc analysis. You will analyze data to drive improvements and communicate to Sr. Finance leadership. You will work to improve processes through automation or other tools. There would be a need to prepare and support 10K footnotes as necessary for certain accounts, help file Govt surveys (Monthly/Quarterly/Annual) required by US Govt/authorities. Risk & Controls: Evaluate processes to identify opportunities and implement automation/improve efficiency. Perform QA reviews for material accounts periodically, to identify control deficiencies and corrective practices Operational efficiency: Responsible for preparation, analysis and report metrics for management reporting. Share and implement best practices followed across Finance, Accounting on training and partnership. Ownership of training team members and creating documentation. Create appropriate transition plans for knowledge transfer or talent rotation Audit & Systems: Serve as the point of contact for Global external & internal audit queries and provide data support to affirm compliant practices in a timely manner. Responsible for assessing impact of system change/upgrades on reconciliation workflows and partner with technical/product teams closely, to ensure business continuity and execution of deliverables. Bring your passion for this rapidly evolving environment and have a hand in delivering the profitable financial results that benefit the entire business. Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs. Skills: Balance Sheet | Financial Analysis | GAAP & IFRS | Preparation of Financial reports | Account reconciliations | Inventory Accounting | Inventory valuation | Physical inventory/count processes | Receipt corrections | AP and inventory sub-ledger accounting | Tariff impact analysis | Shrinkage accounting | Variance analysis | Risk & Audit | Month end close processes | Modern finance tools and automation Leadership | Team building | Problem solving| Analytical thinking | Workforce planning Reporting: This position rolls under Director - Corporate Accounting and will require close partnership with Accounting, Operations, Tech and business teams at Target. There would be around 4-5 TMs reporting into this Senior Manager position. Qualifications : - Professional qualification such as CA/CS/CPA/CIMA/ACCA/ICMA - 12+ years of post-qualification experience - Working knowledge of SOX controls and US GAAP/IFRS - Prior relevant experience in Retail accounting and US GAAP/Accounting standards - Solid understanding of business process workflows across AP, AR, Payroll, GL, Fixed Assets, and Inventory Accounting, with working knowledge of upstream and downstream processes across the inventory lifecycle - Prior experience in Inventory Accounting, including inventory valuation, physical inventory/count processes, receipt corrections, AP interfaces, tariff-related accounting impacts, shrinkage accounting, and related close, reconciliation, and control activities - Strong critical thinking skills, proven track record in data analysis, transition experience in accounting processes - Internal/External audit orchestration experience - Hands-on experience in SAP or other ERP, data warehouse, reconciliation tools, visualization/reporting tools, workflow automation, and modern finance/accounting technology platforms - Agile and strategic mindset, ability to lead teams with clarity, purpose and care