Accounts Payable Associate
4 weeks ago
Job Summary:
Torrid is seeking a highly skilled Accounts Payable Associate to join our team. As a key member of our Real Estate Accounting team, you will be responsible for ensuring accurate and timely payment of lease-required financial obligations.
Key Responsibilities:
- Provide support to Real Estate Accountants to ensure prompt and accurate monthly rent payments.
- Prepare and report landlord-reportable sales to landlords monthly.
- Maintain current cost information in Lucernex real estate management program.
- Verify occupancy accounts and correct GL entries as required.
- Obtain approval and coding for store fines, maintenance, etc., and enter for payment.
- Assist with review of year-end CAM (common area maintenance) and real estate tax statements and verifies lease compliance.
- Review monthly statements and make appropriate adjustments in Lucernex.
- Assist with period-end financial close process, including journal entries to record applicable rent expense accruals.
- Maintain Certificate of Insurance process between Landlord and Torrid.
- Match and mail payment documents.
- Confirm all payment packages and rent runs have been scanned into Ascend.
- Scan checks and other reports into Lawson/Rent Folder.
- Process Landlord ownership changes (obtain approval, required documents, federal ID number, etc.).
- Request ACH information for locations paid via paper check.
- Contact Landlord with questions on billings.
- Collect, open, and identify store numbers for all mail.
Requirements:
- 1+ years of experience in accounting, financial operation, or a combination of education with equivalent work experience.
- Working knowledge of MS Word and Excel.
- Strong math and analytical skills.
- Basic knowledge of real estate concepts and lease terminology.
What We Offer:
- A culture where people are accepted and encouraged to be who they are.
- Competitive compensation, 401k with company matching contribution, plus potential to earn company performance-based bonuses.
- Comprehensive wellness package including, medical, dental, vision, and Flexible Spending Account.
- Generous 50% employee discount and access to employee-only sales.
- Support the causes you're passionate about. We pay you up to 32 hours annually for volunteering your time in the community.
- Child Care Discount at participating locations.
- Tuition reimbursement program.
- Employee Assistance Program (EAP) - Aimed at helping employees address a variety of personal and family issues including legal financial consultations, mental health services and more.
- Discounts on cell phones, and computer purchases, entertainment tickets and more.
- Pet insurance for your fur babies.
- Work and learn alongside industry-leading executives while making huge strides in impacting the lives of women.
- You'll be challenged and grow. Opportunity for upward mobility is available at all levels of the organization.
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