Accounts Payable Associate

4 weeks ago


Rowland Heights, California, United States Torrid Full time

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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