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Financial Analyst, Occupancy Job

DATE: Jun 7, 2017

CITY: Columbus, OH, US, 43219

Company: DSW

Req #: 72445 
Location Name: Home Office, Columbus 
Department: Finance 


At DSW, we believe in the power of shoes. We understand shoes bring out something great from within, and since 1991 we've been helping everyone feel the rush of finding that perfect pair. So when you work for DSW, you become a part of all that. A family whose core values are comprised of passion, accountability, collaboration, and humility. You become one of us, You become a Shoe Lover!


General Summary:

The DSW Inc. Occupancy Financial Analyst’s responsibilities include accurately accounting for DSW Store Occupancy, Distribution Center Occupancy, Fulfillment Center Occupancy, and other lease accounting reporting in a fast pace retail environment.

This position will be primarily responsible for (1no) Store-level journal entries to record expenses, verifying invoices, and balance sheet reconciliations; and (2) researching and analyzing specific store information and trends for ultimate use in reports for investors, banks, and other regulatory agencies.  These financial accounting responsibilities will be performed to comply with Generally Accepted Accounting Principles and the Company’s Sarbanes-Oxley internal control documentation.  This position will interact with various corporate departments and external personnel.

Reports to:  Accounting Manager, Occupancy & Fixed Assets

Essential Duties and Responsibilities:

  • Determination of monthly revenue and expense Occupancy/Lease accruals based on an analysis of trends, timing and general ledgers; requires the ability to interact with operations personnel and translate discussions into impactful accounting decisions
  • Prepare Store-level journal entries, reconciliations and reports: i.e., balance sheet account reconciliations, occupancy statistics, terminations/early move-outs, amendments
  • Review building expenses for proper coding and research variances, engaging with internal/external personnel to resolve potential issues/discrepancies
  • Obtain, review and analyze Store lease agreements, including: review of new leases, amendments, modifications, renewals, and termination agreements
  • Determine applicable lease information for use in month-end accounting treatment for each new lease
  • Verify fully executed lease documents to approved lease parameters (detailed FAS13 analysis)
  • Review of annual building budgets; understanding year over year changes and trends
  • Complete monthly analyses to ensure occupancy expenses are in line with projection/budget and understand and anticipate upcoming variances, as applicable
  • Meet with business partners to align on accounting treatments for stores regarding tenant allowances, co-tenancy, late delivery fees, etc.

Key skills to be successful are:

  • Financial acumen
  • Partnership
  • Prioritization
  • Sense of urgency and accountability
  • Ad hoc analyses

Required Skills and Competencies:

This position requires a detail-oriented individual with the ability to analyze a significant volume of financial information.  Candidates must possess the ability to thrive in an environment of complex calculations.  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.


  • At least 3+ years of experience in accounting
  • Experience in public accounting or CPA is a plus

Preferred Qualifications:

  • MAcc or MBA is preferred


•     Undergraduate degree in Accounting is required

DSW believes that all persons are entitled to equal employment opportunities. We do not discriminate against any protected class including race, color, religion, religious creed, gender, sex, national origin, age, physical disability, mental disability, medical condition (defined as genetic information or impairments related to cancer), ancestry, marital status, family care leave, military and veteran status, citizenship status, sexual orientation, gender identity, gender expression, genetic information, or based on any protected category under federal, state, or local laws. DSW also makes reasonable accommodations for qualified applicants and associates with disabilities unless doing so creates an undue hardship, in accordance with all legal requirements. Any applicant or associate who requires an accommodation to perform the essential functions of the job should contact Human Resources to request that accommodation. 


Nearest Major Market: Columbus

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