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Sr. Accountant, Lease Accounting

Tapestry

North Bergen, NJ, US

Explore the possibilities across our global house of brands.

Defined by inclusivity rather than exclusivity, Tapestry embraces the exploration of individuality and invests in helping you grow personally and professionally. Every individual in our global house has the opportunity to make an impact, learn and be part of our growing and unique story.

At Tapestry, we have the freedom to express ourselves and run with our best ideas across Coach, Kate Spade New York, and Stuart Weitzman. We share a profound belief in both our individual and collective potential, and know that with hard work and dedication, anything is possible.

Primary Purpose:

This individual will play an important role in the day to day lease accounting and payables process. The role provides support and collaborates with global and cross functional teams including Corporate Counsel, Real Estate, and other internal departments.

 

  • Learn lease abstract, accounting and payment, processes and develop skills as a super user of the software to manage all Lease payables for the entire Tapestry portfolio
  • Timely and accurate processing of recurring payments, monthly invoices, and other billings
  • Review Landlord invoices for lease compliance
  • Perform desktop audits and thorough reviews of CAM and Real Estate Tax year end reconciliation billings to identify

Savings opportunities

  • Confirm all monthly rental obligations including Base Rent, CAM, Taxes, Merchant Dues, Insurance, Utilities are updated accurately and in accordance with lease agreement
  • Set up new stores for payment and perform all vendor/address changes
  • Perform new store audits to ensure new leases and amendments have been abstracted correctly into the lease system
  • Frequently review existing locations to confirm financial terms have been abstracted correctly into the lease system
  • Prepare monthly Sublease invoices and manage Subtenant AR
  • Expedite lease payments for any high priority items (i.e., Default Notices and Lease Termination Payments)
  • Work closely with all Tapestry Landlords to resolve any issues pertaining to the lease agreement
  • Monitor and Prioritize communications with landlords and cross-functional business partners

 

The accomplished individual will possess:

 

  • Strong written and verbal communication and interpersonal skills
  • Ability to provide excellent customer service skills to both internal and external customers
  • Familiarity with retail leases and the ability to interpret key lease provisions
  • At least one year experience in a Lease Payables environment
  • Excellent team player who works extremely well in a collaborative environment
  • Attention to detail and delivery focused
  • BS in Finance/Accounting
  • Ability to multi task and strong organizational, time management skills
  • Proficient Microsoft office skills, including knowledge of Excel

 

An outstanding professional will have:

 

  • Experience with software solutions including SAP
  • 3-5 years of lease administration experience
  • Lease administration experience
  • Lease Payables experience with a luxury retailer
  • Working knowledge of FASB ASC 842

Our Competencies for All Employees

  • Drive for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
  • Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
  • Creativity: Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
  • Interpersonal Savvy: Relates well to all kinds of people, up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
  • Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.
  • Perseverance: Pursues everything with energy, drive, and a need to finish; seldom gives up before finishing, especially in the face of resistance or setbacks.
  • Dealing with Ambiguity: Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn’t upset when things are up in the air; doesn’t have to finish things before moving on; can comfortably handle risk and uncertainty.

Our Competencies for All People Managers

  • Strategic Agility: Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
  • Building Effective Teams: Blends people into teams when needed; creates strong morale and spirit in their team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team.
  • Managerial Courage: Doesn’t hold back anything that needs to be said; provides current, direct, complete, and “actionable” positive and corrective feedback to others; lets people know where they stand; faces up to people problems on any person or situation (not including direct reports) quickly and directly; is not afraid to take negative action when necessary.

Tapestry, Inc. is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant’s or employee’s qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. #LI-AH1 Visit Tapestry, Inc. at http://www.tapestry.com/

Req ID:  60781


Nearest Major Market: New York City
Nearest Secondary Market: Newark

Job Segment: Real Estate, Sales