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Lease Accountant

3 months ago

Plano, United States Raising Cane's Full time

Overview:

At Raising Canes Chicken Fingers we serve only the best tasting and most craveable chicken finger meals. Its our ONE LOVE. Our Crew make it happen, our Culture makes it unique and the Community makes it all worthwhile.

Every talented Crewmember in our Restaurant Support Office (RSO) is important to our success and a value to our rapidly growing Company. We all work with a sense of purpose and focus on our chicken finger meals, Customers, Crew, Communities and Company Culture. We are constantly striving to Raise The Bar. The future for Raising Canes is growth focused and were on the path to being one of the top 10 restaurant companies in the United States.

Responsibilities:

Your Role at Raising Canes:
The Lease Accountant is a valued part of the Lease Accounting team and assists in the lease accounting process for all company operated restaurants. This role facilitates lease payments, performs monthly recording and review of lease transactions, and serves as the primary point-of-contact for addressing landlord inquiries related to lease payments. This position collaborates closely with internal teams to maintain all leases in Lucernex (LX), our lease accounting software.

Your Impact and Responsibilities:

Sets up rent payment schedules in LX and validates lease data and attributes input by the lease administration team
Tactfully negotiates resolution of disputes between landlords and Canes regarding lease terms and account reconciliations of property related expenses
Reports and tracks overall savings obtained by the Lease Accounting team
Properly interprets and ensures compliance of all lease-related payments including but not limited to base rent and property related expenses
Works closely with the AP team to reconcile lease related transactions and monthly rental payments, accurately and timely
Calculates monthly percentage rent and posting of the percentage rent accrual
Prepares ad hoc reports as necessary using strong business acumen to meet the requestors objectives
Prepares reconciliations to the landlords statement of property related expenses and ensures that they are aligned with the terms of the lease
Creates efficiencies in lease accounting processes to support rapid Company growth
Assists with documentation of technical processes for internal use and audit purposes
Assists in period-end journal entry processing, balance sheet reconciliations, and other reviews of financial data
Assists with other projects as assigned

Qualifications:

Requirements for Success:
3+ years of relevant work experience, preferably in restaurant company or in the retail industry
Bachelors degree in accounting or related area, or additional relevant career experience
Ability to interpret lease agreements and other legal documents
Ability to work effectively with Lease Administration and other teams to provide accurate lease information
Experience with lease administration and accounting systems - Workday and Lucernex experience preferred
Detail-oriented, organized, and able to manage multiple priorities that may be constantly changing
Self-driven, flexible, and energetic with strong analytical, written, and verbal communication skills
Microsoft Proficient: Excel, PowerPoint, and Word