Saks Global Director of Commercial Accounting
- Employment
- Full-Time
- Seniority
- Director
- Compensation
- $151,000–196,000/year
- Department
- Finance, Accounting & Revenue Management
- Posted
- Aug 5, 2026
About Saks Global
Saks Global is a leading multi‑brand luxury retailer operating Saks Fifth Avenue, Saks OFF 5TH and other luxury retail and e‑commerce experiences. The organization leverages extensive customer data, dedicated merchandising and digital capabilities, and strategic brand partnerships to deliver a highly curated luxury shopping experience across physical and digital channels.
Saks Global seeks Director of Commercial Accounting in Texas to lead commercial accounting strategy and inventory valuation across luxury retail platforms. $151k–$196k annually.
Role & Responsibilities
- Oversee all accounting policies and operational execution related to inventory valuation, sales and margin reserves, and cost of goods sold (COGS)
- Serve as a strategic finance partner to Merchandising and Supply Chain leaders, providing actionable insight into gross margins, markdown impacts, and inventory aging
- Design and maintain financial accounting frameworks for complex sales structures including consignment models, brand partner margin splits, concessions, and product licensing arrangements
- Ensure all margin and inventory reporting strictly adheres to US GAAP standards, applicable debt compliance standards, and applicable deadlines
- Prepare reference schedules and executive presentation materials for periodic accounting and disclosure reviews with the Chief Accounting Officer and other executives
- Direct month-end, quarter-end, and year-end close processes for inventory and sales reserves, payables reserves and settlements, and other margin impacts
- Lead primary external audit relationships for inventory valuation, shrinkage provisions, and obsolescence modeling under US GAAP standards
- Lead primary external audit and valuation relationships for borrowing base measurements and reporting, including key interactions with bank agents, auditors, and valuation specialists
- Lead commercial and finance participation in technology and systems initiatives impacting inventory, sales, and margin, including upgrades to ERP modules, inventory management systems, order management systems, and point-of-sale integrations
- Drive automation across landed-costing calculations for imported merchandise, vendor allowance tracking, cross-banner inventory transfers, and reserve analysis and accounting
- Build, mentor, and lead a high-performing team of inventory and gross margin accountants, analysts, and specialists
- Foster a culture of analytical rigor, cross-functional partnership, and continuous process improvement
Qualifications
- Bachelor's degree in Accounting or Finance
- CPA or MBA strongly preferred
- 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
- Executive presence and ability to synthesize complex GAAP rules and articulate financial narratives to executive officers, auditors, and board members
- Skilled at building strong relationships across business units and functional support teams
- Uncompromising precision regarding financial data integrity and strict adherence to reporting deadlines
- Master-level knowledge of Weighted-Average-Cost Accounting for retail operations, landed cost structures, and luxury consignment models
- Strong broad technical accounting knowledge and experience applying authoritative guidance to complex cross-functional transactions
- Demonstrated track record of managing multi-channel inventory
Skills
Experience
8–12+ years of progressive accounting and finance leadership experience, with a minimum of 4–5 years in a managerial or director role within retail or consumer goods. Demonstrated track record of managing multi-channel inventory accounting and complex accounting frameworks for retail operations. Proven experience leading external audit relationships and implementing financial systems transformations.
Education
Bachelor's degree in Accounting or Finance required; CPA or MBA strongly preferred.
Workplace
This position is based in Houston, Texas, USA.
Compensation
The base compensation for this position ranges from USD 151,000 to USD 196,000 per annum.
Benefits
Medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, critical illness insurance, hospital insurance, accident insurance, and employee discount.
Culture
Saks Global fosters a fast‑paced, customer‑centric culture rooted in luxury merchandising and digital innovation. Teams are collaborative and data‑informed, offering exposure to cross‑functional career paths across retail, distribution and e‑commerce.
About Cerulean
Cerulean is the definitive career portal for the global luxury industry. We match exceptional professionals with exclusive opportunities at the world's most prestigious brands. From haute couture and fine watchmaking to prestige beauty, hospitality, and boutique retail, Cerulean centralises luxury employment to help you find the career for which you were destined.
Frequently Asked Questions
The luxury industry is characterised by a diverse and nuanced nomenclature. Esteemed houses frequently employ proprietary terminology, and even within a single organisation like Saks Global, titles may vary across global markets to reflect local conventions. To ensure absolute clarity, Cerulean assigns a standardised, industry-coherent canonical title to every listing. However, it is worth noting that this role is functionally synonymous with «Commercial Accounting Director», «Director of Inventory and Margin Accounting», «Head of Commercial Finance», «Commercial Finance Director», and other variations. Our sophisticated search architecture anticipates these variations, ensuring that inquiries using related terms will seamlessly yield the exact roles you desire.