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Lease Accounting Analyst

2 months ago

Chesapeake, United States Careerbuilder-US Full time
Summary of Position (Job Purpose) - Major purpose and functions of the position.
The Lease Accounting Analyst is responsible for budgeting, forecasting, analyzing, and reporting occupancy costs for the enterprise.

Principal Duties and Responsibilities - Primary responsibilities listed in order of importance
  • Prepare monthly analysis and reporting of occupancy costs
    • Establish and maintain leasing schedules by GAAP (to include lease liabilities and right-of-use assets)
    • Generate month-end and quarter-end accruals through detailed analysis of accounts
    • Prepare monthly balance sheet reconciliations
    • Generate monthly budget vs. actual reporting including variance analytics for review by management
    • Assist with the monthly forecasting process to provide management with the most up-to-date financial projections
    • Prepare recurring monthly reporting as well as ad hoc analyses
  • Prepare annual occupancy budget
    • Collaborate with the budget department and other business owners to establish and validate budget assumptions and metrics
    • Develop and maintain budget templates and effectively incorporate changes based on trends and business needs
  • Prepare quarterly and annual audit schedules, and serve as primary contact with internal and external auditors in areas of responsibility
  • Assume responsibility for Sarbanes-Oxley compliance in the areas of responsibility
  • Evaluate and recommend process improvement changes
  • Support the daily operations of the Lease Accounting department
Minimum Requirements/Qualifications - Summary of knowledge, experience, and education required.
  • BS in Business or related field
  • 1-2 years related experience
  • Excellent communication skills both written and verbal
  • Strong organizational and analytical skills
  • Advanced skills in Excel
  • Ability to assume initiative and work independently with minimal direction
Desired Qualifications - Desired but not required.
  • Experience in the commercial real estate industry or related field