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Analyst, Finance - Real Estate (Hybrid)
Analyst, Finance - Real Estate (Hybrid)-September 2024
Albuquerque
Sep 21, 2024
ABOUT GAP INC.
Our brands are made up of thousands of people across the globe who take risks, think big, and do good for our customers, communities, and the planet.
10,000+ employees
Consumer Goods & Services, Fashion & Beauty
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About Analyst, Finance - Real Estate (Hybrid)

  About Gap Inc.

  Our brands bridge the gaps we see in the world.Old Navy democratizes style to ensure everyonehas access to quality fashion at every price point. Athleta unleashes the potential of every woman,regardless of body size, age or ethnicity. BananaRepublic believes in sustainable luxury for all. And Gapinspires the world to bring individuality to modern, responsibly madeessentials.

  This simple idea-that we all deserve to belong,and on our own terms-is core to who we are as acompany and how we make decisions.Our teamis made up of thousands of people across the globe who take risks, think big, and do good for our customers, communities, and the planet.Ready tolearn fast, create with audacityand lead boldly? Join our team.

  About the Role

  In this role, the LAR (Lease Accounting Reconciliation) Analyst will support the overall Finance function for a large, multi-brand retailer in a fast-paced, complex environment. Gap Inc.'s headquarters Finance team provides financial support to various business units and the Executive Leadership teams. Work with internal and external business partners (RE Law, Lease Admin, Lease Accounting and Accounts Payable) to ensure that regular lease payments are made for the proper amount and to the proper supplier. Work independently on Year End invoices and reconciliations. Work through any disputes with landlord representatives and involving and escalating to the appropriate contacts internally and externally. Resolve payments with respect to VAT and other sales tax items. Represent and understand accounting and accruals to be able to account for transactions properly in the statement of Year Ends and other activities that impact the Profit and Loss statement (P&L) as well as the Balance Sheet.

  What You'll Do

  Manage a working portfolio of leases either as a landlord portfolio or individual.Build relationships with landlords to understand their needs for remittances and other deliverables that can help provide better customer service.Interact with Excel and Access at the Intermediate level (use formulas like vlookup, if/then) with little to no instruction as necessary for delivering financial based analysis on lease costs.Work independently to resolve ad-hoc and difficult research requests.Reconcile landlord account balances. Resolve lease language conflicts regarding monthly escrows and annual pro-rata share amounts with our landlords.Provide financial support and analysis to key internal groups such as Corporate Real Estate, Store Development, Real Estate Finance, Financial Planning & Analysis and Internal AuditIdentify and research variances to forecast, budget and prior year expenses, proactively identifying opportunities for improvementDevelop and maintain effective relationships with business partners and cross functional teams at all levels of the organizationParticipate in projects and assignments of diverse scopePrepare monthly financial reports to Gap Inc management and ensure reports are accurate and distributed in a timely mannerDeliver financials for the company, whether related to financial close, internal or external reporting, or analysis for key stakeholders in FinanceWho You Are

  Understanding of financial statements including balance sheets and general ledgers, Sarbanes Oxley compliance, and the financial close processHigh level of individual accountability and motivationExperience and proficiency with Microsoft Office Suite, especially Microsoft ExcelCommitted to continuous growth and learningBenefits at Gap Inc.

  Merchandise discount for our brands: 50% off regular-priced merchandise at Old Navy, Gap, Banana Republic and Athleta, and 30% off at Outlet for all employees. One of the most competitive Paid Time Off plans in the industry. Employees can take up to five "on the clock" hours each month to volunteer at a charity of their choice. Extensive 401(k) plan with company matching for contributions up to four percent of an employee's base pay. Employee stock purchase plan. Medical, dental, vision and life insurance. See more of the benefits we offer. For eligible employees

  Gap Inc. is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We have received numerous awards for our long-held commitment to equality and will continue to foster a diverse and inclusive environment of belonging. In 2022, we were recognized by Forbes as one of the World's Best Employers and one of the Best Employers for Diversity.

  US Candidates

  Please note that effective, June 30, 2022, Gap Inc. will no longer require any of its employees to wear face masks or require proof of COVID vaccination, unless required by local or state/provincial mandates or as part of Gap Inc's quarantine guidelinesafter being exposed to or testing positive for COVID. Therefore, please disregard any language in any job posting that refers to Gap Inc.'s face mask and proof of vaccination policy as said policy is no longer effective.

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