Accounting, Auditing, Bookkeeping, Real Estate, Retail and Wholesale
4 Year Degree
As a senior analyst on the property accounting team this role will primarily own the daily accounting operations and reporting activities for a portion of the company’s store fleet. This position is responsible for partnering closely with the Designer Brands Real Estate and FP&A teams to ensure lease related activity is accurately projected and accounted for in accordance with ASC 842. In addition, this role will also be responsible for assisting with various aspects of the company’s capital expenditure accounting process and reporting, as needed.
This position requires a detail-oriented individual with the ability to analyze significant volumes of financial information. Candidates must possess the ability to thrive in an environment of complex calculations/systems. Selected candidate will assume responsibility for accuracy and timeliness of work and have excellent organizational and time management skills. Excellent verbal and written communication skills and the ability to prioritize multiple tasks are required.
Reports To: Manager, Property Accounting
Essential Duties and Responsibilities:
Review and process lease payments
Month end close activities related to lease accounting and capital expenditures
Track and reconcile contractual lease obligations to actual monthly lease payments
Prepare month end journal entries and account reconciliations
Review lease agreements and validate relevant deal terms have been abstracted accurately
Review lease liability/amortization schedules against lease agreements for accuracy and coordinate with 3rd party service provider regarding any corrections needed
Perform monthly analyses to ensure occupancy expenses are in line with projection/budget and understand and anticipate upcoming variances, as applicable
Prepare consolidated lease disclosures for financial statements and related audit support
Work with FP&A and the Designer Brands Real Estate team to align on accounting treatments for stores regarding tenant allowances, co-tenancy, late delivery fees, etc.
Prepare/assist with ad hoc analyses as requested
Assist as needed with various fixed asset accounting processes
Excellent analytical, planning, organizational, interpersonal and communication skills
Proficient in Excel
3+ years of experience in accounting
Prior 842 experience preferred
Bachelor’s Degree in Accounting
Internal Number: 13428
About Designer Brands Inc. (f/k/a DSW Inc.)
Explore opportunities for a career with one of North America's largest designers, producers and retailers of footwear and accessories. With nearly 1,000 locations in the U.S. and Canada under the DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse brands, Designer Brands also operates leased locations in the U.S through our Affiliated Business Group. In 2018, Designer brands acquired Camuto Group, the legendary global business that designs, develops and distributes fashion footwear and accessories.
We're looking for people who will put their best foot forward, whether you are taking the first step toward building your career or are a professional looking for an exciting new opportunity.
Opportunities are available at our corporate offices, customer service centers, within our distribution centers and in our stores across the U.S. and Canada.