Torrid Looking for Staff Accountant – REMOTE at City of Industry, CA Full Time

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 staff accountant will play a key role in ensuring the integrity of all financial information. They will have strong analytical/critical thinking skills and have the ability to work autonomously and proactively. Also responsible for month-end journal entries, analysis and capturing all fixed asset transactions in an accurate and timely fashion. Ensures capital spending requests have proper approvals, based on Company guidelines and GAAP requirements. This position reports to Director of Internal Financial Reporting.

What You’ll Do:

• Prepare month-end journal entries.
• Prepare monthly Balance Sheet account analysis for all companies, ensuring that all balances are correct and have proper supporting documentation.
• Reconcile the balance sheet and relevant income statement accounts to ensure accurate information.
• Prepare various month-end reports as assigned or requested.
• Prepare schedules and provide requested information for internal/external auditors.
• Collaborate with business units and other departments (e.g. A/P, Purchasing, IT, etc.) on ad-hoc projects.
• Perform assigned tasks using established procedures with sound judgment, evaluation and critical thinking.
• Reviews all capital expenditure invoices independently to determine what is capitalizable and how the asset should be treated in the AM system to ensure accuracy and compliance of the fixed asset capitalization policy and GAAP.
• Reconciles fixed assets, accumulated depreciation, depreciation expense, Construction-in-Process (CIP) and other assigned general ledger accounts by reviewing components of each area and making decisions based on the findings.
• Prepares and maintains schedules to accurately track store relocations, remodels, and closures, including accelerated depreciation and impairment.
• Performs month-end general ledger tasks by creating and reviewing fixed asset-related entries and cost allocations, ensuring accuracy and completeness of monthly data, performing the AM System Close at month-end.
• Analyzes actual-versus-budget variances on assigned general ledger accounts; determines the validity and completeness of the actuals.
• Performs other special projects as needed.

What You’ll Need:

• Minimum one year prior experience in accounting/finance operation.
• Experience in Lawson general ledger and Lawson Asset Management system is a plus.
• Experience in retail industry is preferred.
• Intermediate knowledge of Excel (V-lookups, Pivot Tables, etc.)
• Knowledge of fundamental accounting concepts, practices and procedures.
• Knowledge of accrual-based accounting practices.
• Understanding of internal controls over financial reporting (SOX).
• Solid system and MS Office skills with extensive working knowledge in Excel.
• Strong math and analytical skills.
• Detail-oriented with strong organizational and problem-solving skills.
• Ability to identify continuous improvement measures to optimize team’s performance.
• Dedicates to meeting requirements of internal and external customers, responding to all customer requests promptly and thoroughly.
• Available to work PST business hours

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.
• 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 entertainment tickets and more.
• 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.

Salary range: $66,400-$71,281

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