25 Oct
|
JCPenney
|
Bengaluru
25 Oct
JCPenney
Bengaluru
Overview:
Senior Specialist – Inventory & Sales Management
About Catalyst Brands:
Catalyst Brands is a leading U.S.-based retail organization formed in 2025 through the merger of JCPenney and SPARC Group, combining multiple iconic fashion brands under one umbrella. The company manages a diversified portfolio of well-known brands including Aéropostale, Brooks Brothers, Nautica, Lucky Brand, and JCPenney. Headquartered in Plano, Texas, Catalyst Brands focuses on delivering up-to-date retail experiences while leveraging the heritage of established global brands. With a workforce of over tens of thousands and multi-billion-dollar revenue, the organization operates at a large scale across retail, e-commerce, and supply chain domains. The company emphasizes innovation, digital transformation, and customer-centric strategies to enhance brand value and consumer engagement. Catalyst Brands is expanding its global presence, including a growing capability centre in India that supports technology, digital operations, and analytics. It aims to drive operational excellence and business growth by integrating technology, data-driven insights, and efficient retail practices.
Responsibilities:
-
Review and reconcile sales transactions from stores, e-commerce platforms, and payment systems to ensure complete and accurate revenue reporting.
- Investigate payment discrepancies, chargebacks, and credit card exceptions. Partner with internal and external stakeholders to achieve timely resolution.
- Record accurate journal entries related to sales, payments, inventory adjustments, and other accounting transactions in compliance with company policies.
- Prepare, review, and maintain assigned account reconciliations. Research and resolve outstanding reconciling items to ensure financial accuracy.
- Review General Ledger activity, identify variances, investigate discrepancies, and ensure transactions are recorded correctly.
- Investigate recurring sales, inventory, and payment issues to identify underlying causes and implement sustainable corrective actions.
- Identify opportunities to streamline workflows, eliminate manual activities, improve controls, and support automation initiatives across Finance and Sales Audit functions.
- Use data mining, analytics, and reporting tools to identify trends, anomalies, operational risks, and opportunities for process enhancement.
- Collaborate with Finance, Operations, Shared Services, and IT teams on system implementations, testing, process improvements, and business initiatives.
- Ensure compliance with accounting policies, audit requirements, and established business controls while recommending enhancements to strengthen governance.
- Serve as a Sales Audit resource for complex issues, support team members, and provide backup coverage for critical departmental functions.
- Present analysis, risks, root causes, and corrective actions in a clear and actionable manner to management and business partners, supporting informed decision-making.
- Develop and enhance operational metrics, dashboards, reporting, and monitoring tools under managerial guidance to support Sales Audit processes, identify trends and exceptions, improve visibility into business performance, and enable data-driven decision-making
Core Competencies & Accomplishments:
- Improved accuracy and timeliness of sales audit and reconciliation processes.
- Reduced manual effort through automation and process simplification initiatives.
- Successfully resolved complex financial discrepancies and operational issues.
- Enhanced reporting, dashboarding, and performance monitoring capabilities.
- Strengthened internal controls and compliance with accounting policies.
- Delivered actionable insights through data analytics and root-cause investigations.
- Led cross-functional initiatives resulting in measurable efficiency and cost savings.
- Basic knowledge of SQL and data querying for transaction analysis and reporting.
Experience/Education:
- Bachelor’s degree in accounting or finance is preferred.
- 4- 6 years’ experience in roles with increasing responsibility AND analytical decision making
Pay Range: INR ₹0.00 - INR ₹0.00 /Yr.
📌 Accounting Sr Specialist (Bengaluru)
🏢 JCPenney
📍 Bengaluru