Commercial Lease Accounting Expert
6 days ago
About the RoleEstimated Salary: $90,000 - $110,000 per year. This role offers an exciting opportunity to work in a fast-paced environment and contribute to the success of our organization. You will be working closely with our lease administration team to create and implement process improvements and efficiencies for the lease accounting department. Your expertise in accounting for leases under ASC 842 will be crucial in driving our business forward.
Responsibilities
- Taking ownership of the review of new and modified leases for treatment under ASC 842 in Tririga.
- Ensuring that lease administration has a clear understanding of how to process exceptions in Tririga.
- Activating new or modified leases, or sending them back to lease administration as appropriate.
- Ensuring proper coding for each lease under the company's lease/management contract analysis.
- Building variance analysis and dashboards on a lease by lease basis.
- Leading the effort to work with corporate accounting and IT on reporting lease KPIs in Oracle Analytics.
- Assisting with the monthly reconciliation of certain balance sheet accounts under ASC 842, as well as all prepaid and accrued lease accounts.
Requirements
- Bachelor's degree in Accounting, CPA certification required.
- 4-6 years industry and accounting experience, specifically with accounting standards under ASC 840.
- Strong understanding of GAAP and excellent communication skills.
- Excellent MS Excel skills, proficient with pivot tables, VLOOKUP's, and data analysis.
- Ability to prioritize appropriately and handle multiple tasks simultaneously.
- Strong organization skills to ensure all key lease deliverables are properly organized.
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