Associate, Accounts Payable - Real Estate

Accounting/Auditing City of Industry, California


Description

At Torrid we're committed to cultivating a welcoming, inclusive and diverse culture driven by a focus on open dialogue, empowerment, recruiting, training, development and retention. We believe inclusion of diverse backgrounds and perspectives is fundamental to our success. 

The Accounts Payable Associate provides support to Real Estate Accountants to ensure accurate and timely payment of lease-required financial obligations.  The associate will work closely with landlords and Store Operations management to ensure all billed charges are proper, as defined in the lease agreement.
 
This role is Hybrid, working only 1-2 days in office.
 
What You’ll Do:  
  • Provide support to Real Estate Accountants to ensure prompt and accurate monthly rent payments (processing/printing weekly check runs).
  • 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.

What You’ll Need:

  • 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 You'll Get:  
  • 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. 

Hourly range: $20.35 - $26.31. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status. If you are unable or limited in your ability to use or access 
www.torridcareers.com you can request reasonable accommodations by sending an email to [email protected]. Only messages left for this purpose will be returned. Our company participates in E-Verify. If the links below do not work, please copy and paste the following URLs in a new browser window:

E-Verify Poster: 
https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf
Eligibility to Work Poster (English): 
https://www.e-verify.gov/sites/default/files/IER_RightToWorkPoster.pdf
Eligibility to Work Poster (Spanish): 
https://www.e-verify.gov/sites/default/files/everify/posters/IER_RighttoWorkPosterES.pdf
California Privacy Rights Act (CPRA): 
https://careers.jobvite.com/torrid/2023-CPRA-Applicant-Notice.pdf
EEO Poster: 
https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf 


Our company participates in E-Verify. E-Verify is a program that electronically confirms a candidate’s eligibility to work in the United States after completing the Employment Eligibility Verification (Form I-9). The information provided on the Form I-9 is compared to the records contained in the Social Security Administration and Department of Homeland Security (DHS) databases. This helps employers verify the identity and employment eligibility of newly hired employees.

E-Verify Poster: https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf
Eligibility to Work Poster (English): https://www.e-verify.gov/sites/default/files/IER_RightToWorkPoster.pdf
Eligibility to Work Poster (Spanish): https://www.e-verify.gov/sites/default/files/everify/posters/IER_RighttoWorkPosterES.pdf
California Privacy Rights Act (CPRA): https://careers.jobvite.com/torrid/2023-CPRA-Applicant-Notice.pdf
EEO Poster: https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf