H&M

Real Estate Staff Accountant

H&M

Aug 6th, 2022
$ 74651 - 83983 / Year
As one of the world’s largest fashion companies with more than 116,000 employees worldwide, H&M is an exciting and dynamic place to pursue a career within the fashion industry. Our business concept is to offer fashion and quality at the best price, and with our fast expansion we are always looking for new talents. We have a strong corporate culture based on core values that describe how we work. The most central value is our belief in people: All H&M employees get to take responsibility and everyone’s ideas are important.

H&M Hennes & Mauritz AB (operating as H&M) is a Swedish retail-clothing company, known for its trendy and fashionable clothing offerings for women, men, teenagers and children. The company was established in 1947 by Erling Persson in Västerås, Sweden. At the time it only sold women's clothing and was called Hennes, Swedish for "hers". In 1968, Persson acquired the premises and inventory of a Stockholm hunting-equipment store, Mauritz Widforss. Included in the inventory was a supply of men's clothing, prompting Persson to expand into menswear. Accordingly, he renamed the store Hennes & Mauritz, later abbreviated to H&M. H&M Group comprises of six independent brands: H&M, COS, Cheap Monday, Monki, Weekday and & Other Stories. We have over 3,600 stores operating across more than 59 markets worldwide.

We want to be at the forefront of both fashion and sustainability. Our employees play a key role and can contribute to more sustainable fashion, today and in the future. Our values also include teamwork and constant improvement; together we challenge ourselves to do things better and create an H&M that always exceeds customers’ expectations.
Stockholm, Sweden
http://career.hm.com
Company Description

As one of the world’s largest fashion companies with more than 171,000 employees worldwide, H&M is an exciting and dynamic place to pursue a career within the fashion industry. Our business concept is to offer fashion and quality at the best price in a sustainable way and with our fast expansion we are always looking for new talents. Would you like to be part of our team?

Job Description


Overall Job Summary:
TheReal Estate Staff Accountant will be responsible for general and specific support on the Real Estate accounting team by maintaining the general ledger and reporting on the finances in regard to Real Estate.

This position is based in our Secaucus, NJ office within our Finance Function and reports to our Real Estate Accounting Supervisor.

Core Responsibilities includes but not limited to:

  • Review monthly rent payments
  • Calculate percent rent and process payments
  • Review landlord correspondence and research billing disputes
  • Review landlord prepared estoppels
  • Interact with internal real estate department, landlords, and legal counsel
  • Review oversight of open real estate issues and work with Landlord to resolve open balances.
  • Maintain log of open landlord invoices
  • Prepare and report monthly sales report and send to Landlord
  • Work on month end entries and postings
  • Review/Calculate CAM, Tax, Insurance, HVAC Year End True-Ups
  • Other ad hoc projects and assignments as they become necessary

Additional Accountabilities:

  • Responsible for supporting variance analysis of actuals to budgets
  • Review of year end landlord reconciliations
  • Annual reporting to parent company of leases and real estate expenses

Qualifications


What You’ll Need to Succeed:

  • Bachelor’s Degree in Accounting
  • 3 years real estate accounting or lease administration experience. Retail experience a plus.
  • Ability to work in a fast-paced, time sensitive environment.
  • Well versed accounting concepts and IFRS leasing regulations.
  • Strong organizational skills.
  • Strong ability to interpret lease language and understand legal terms.
  • Strong analytical skills and detail oriented.
  • Experience working with financial system programs
  • Proficient with Microsoft Office, Expert in Microsoft Excel
  • Excellent communication skills and ability to follow-up with all levels of employees.

Additional Information


Why You’ll Love Working for H&M

  • Dynamic, team-driven work environment with a group of unique, diverse, and kind individuals.
  • Endless growth & development opportunities.
  • Dress your personality. We encourage you to dress your personality all day, every day.
  • Did we mention our discount at H&M, &Other Stories, and COS?

Compensation:

Salary Range is $74,651 – $83,983 annually**

Benefits:

H&M believes in rewarding our employees for their many contributions to our shared success. That’s why we offer a full range of inclusive benefits that enable wellness, both in and outside of work. We pride ourselves on being a do-good company and we have a comprehensive benefit package that matches that ambition. Please note, benefits may have eligibility requirements based on employment status.

We offer: 25% Staff Discount – Medical, Pharmacy Vision and Dental Coverage – Employee Assistance Program – Vacation, Wellness, Holiday and Parental Pay – 401K – Commuter Benefits, Health and Dependent Care FSA. Plus, additional Voluntary Benefits.

Our Career site will have more details, click on Benefits at career.hm.com

  • This job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities assigned for this job at the company’s discretion.

**H&M, in good faith, believes that this posted range of compensation is the accurate range for this role at this location at the time of this posting. H&M may ultimately pay more or less than the posted range depending on candidate qualifications. This range may be modified in the future.

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