Creative Financial Staffing | Senior Accountant CT | stamford, ct
1 month ago
Day-to-day Responsibilities of the Senior Accountant:
- Primarily responsible for accounting for the full life cycle of the aircraft leases, including rental revenues, aircraft maintenance revenues and reserves, deferred/advance lease rental revenues, lease rental and maintenance receivables, security deposits, and net investments in leases
- Prepare lease classification tests in accordance with ASC 842 at lease commencement, straight-line rental revenue calculations, and lease premium and/or discount calculations associated with aircraft acquisitions
- Assist with lease accounting analyses and adjustments for lease extensions, amendments, transitions, sales etc., as well as with lease close-out upon lease terminations or expirations
- Prepare month-end close accounting journal entries (recurring and non-recurring)
- Prepare period-end General Ledger account reconciliations
- Prepare and maintain the Revenue master file and related analytics
- Support month-end internal reporting for management and quarter/year-end external reporting through creation of analyses and schedules related to the leases and aircraft
- Prepare ad hoc analyses as directed by management
- Timely support of internal and external audit inquiries with accurate schedules
- Bachelor's degree in Accounting; Master's is a plus
- CPA is a plus
- 4+ years of accounting experience
- Lease accounting experience would be ideal
- Experience with general ledger/reporting systems (Microsoft Dynamics 365)
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