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Retail Accounting And Inventory Lead
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Overview
Job Description
- Accountable and Reports to: Store Director; Assistant Store Director; Store Manager; Manager of, Assistant Managers of.
- Direct Reports: Retail Product & Pricing Specialist, Store Accounting Coordinator.
- Provides prompt, efficient and friendly customer service in all customer interactions.
- Smiles and greets customers in a friendly manner whether the encounter takes place in the employee’s designated department or elsewhere in the store.
- Makes an effort to learn customers’ names and address them by name whenever possible.
- Assists customers by escorting them to products, securing items, loading or unloading heavy items, and resolving concerns to enhance the shopping experience.
- Answers the telephone promptly and provides friendly, helpful service.
- Oversees daily sales posting, register verification, safe counts, and cash accountability.
- Balances cash, checks, gift cards, Western Union, and other payment reports; prepares and reconciles bank deposits.
- Reconciles miscellaneous payments including coupons, charges, ROA paid-outs, and related items.
- Prepares and reviews checkout, cash accountability, and financial reports.
- Reconciles and submits invoices; completes monthly reconciliations including accounts payable, accounts receivable, EFT, pharmacy third-party, and other required reports.
- Prepares unpaid invoice reports and reconciles store accounts.
- Monitors aged receivables and assists with collections.
- Ensures strict adherence to company cash-handling policies and internal controls.
- Ensures inventory accuracy for monthly inventory and cycle counts.
- Maintains accurate item parameters (cost, retail, margin, movement) in product management software.
- Ensures advertised, EDLP, and RDA items are priced, signed, and ordered correctly; reviews and approves replenishment and ad orders.
- Plans and executes inventory and pricing verification per company policy.
- Oversees special buys, new item setup, product placement, and resets in collaboration with management.
- Monitors excess, obsolete, discontinued, and damaged inventory and implements corrective action to reduce shrink and unsaleables.
- Works with DSD vendors to verify and reconcile invoices.
- Assists with gross profit analysis and management reporting.
- May supervises Accounting and Product Management personnel.
- Instructs, assigns work, reviews work, and plans daily activities.
- Establishes department schedules and daily work plans.
- Maintains department supplies and equipment.
- Trains store personnel on accounting procedures and product management applications.
- Maintains department standards for customer service, professionalism, cleanliness, and sanitation.
- Assists in other areas of the store as needed.
- Reviews department equipment needs and makes budget recommendations to Store Director.
- Performs other job-related duties and special projects as required.
- High school diploma or equivalent required.
- One to three years of accounting, inventory control, retail operations, or related experience preferred.
- Must be able to exert up to 50 pounds of force occasionally.
- Visual requirements include vision from less than 20 inches to more than 20 feet with or without correction, depth perception, color vision, and field of vision.
- Must be able to perform the following physical activities: Climbing, balancing, stooping, kneeling, reaching, standing, walking, pulling, lifting, grasping, feeling, talking, hearing, and repetitive motions.
- Excellent written and verbal communication skills required.
- Commitment to the Hy-Vee Mission and a willingness to promote the values of the company.
- Strong interpersonal skills. An ability to relate to and interact with other people in a friendly, professional manner.
- Ability to identify problems, develop and execute solutions.
- Continually exposed to fast-paced retail environment and pressure to meet deadlines.
- Continually exposed to money for reconciliation purposes.
- Frequently exposed to noise; occasionally exposed to temperature extremes and equipment movement hazards.
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