Lease Accountant

About us KnitWell Group, a specialty retail operating company, comprises some of the most iconic brands in America – Ann Taylor, Chico's, Haven Well Within, Lane Bryant, LOFT, Soma, Talbots, White House Black Market. Individually, our brands are unique and strong. Together, we are powerful.

Our common thread is our commitment to create exceptional products, provide memorable experiences, and achieve superior results. Our associates are innovators who thrive through collaboration and are dedicated to excellence. At the heart of it all are the customers we serve. We are dedicated to creating fashion that not only looks good but also makes our customers feel good.

Staff Accountant – Lease Accounting About the role

The Staff Accountant – Lease Accounting is primarily responsible for the accounting accuracy of occupancy costs within the Company’s financial statements as well as the preparation of various schedules, reconciliations, and account variance analyses relating to the monthly closing process.

The impact you can have Maintain the lease accounting system, Lucernex, including recording of ROU assets, Lease Liability, Tenant Allowances and the related accounts in a timely matter.

Responsible for the monthly review and update of all ASC 842 schedules pertaining to lease amendments, modifications and closures in accordance with the executed lease documents and FASB ASC 842 requirements.

Responsible for providing timely and accurate monthly account analyses, reconciliations and journal entry preparation.

Review and process monthly accruals, coding requests, and posting errors

Manage ad hoc reporting requests.

Research certain technical accounting issues as they relate to the current role and develop process improvement efficiencies in the department.

Maintain processes and procedures to ensure adherence to Lease Accounting and other corporate accounting policies.

Regular interaction with various departments including Corporate Finance & FP&A;
Real Estate Finance & Store Development;
Store Operations;
Corporate/Store Facilities Management;
Accounts Payable; internal & external Tax & Audit partners

Develop an understanding of Accounting’s workflow processes and the interdependency between other Departments in meeting monthly closing goals. Also develop a working relationship with the other brands to facilitate information sharing and to understand who our internal customers are and what their needs are.

Work on special projects independently and as part of a team, meet deadlines and present results to management.

Develop a continuous level of proficiency with a financial and information systems as they relate to the department.

Assist with Audit Requests from independent auditors.

You’ll bring to the role Bachelor’s degree in accounting2-3 years accounting experience

Basic knowledge of GAAPProficiency with MS Office applications, specifically Excel Highly motivated self-starter

Strong problem-solving skills

Ability to accept and adapt to a changing environment

Strong organizational and communication skills

Experience with SAP and Hyperion

Experience with Lucernex

Experience with Oracle Benefits You  will be eligible to receive a merchandise discount at select Knit Well Group brands, subject to each brand’s discount policies.

Support for your individual development plus opportunities for career mobility within our family of brands.

A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities.
* Medical, dental, vision insurance & 401(K).
* Employee Assistance Program (EAP).Time off – paid time off & holidays.
** Any job offer will consider factors such your qualifications, relevant…