Manage the end-to-end lease accounting process for a portfolio of real estate and/or equipment leases
Review lease agreements and abstracts to determine proper accounting treatment under ASC 842 and/or IFRS 16
Prepare and record monthly, quarterly, and annual lease accounting journal entries
Maintain lease schedules, amortization tables, and right-of-use asset and lease liability calculations
Reconcile lease-related general ledger accounts and investigate variances
Support month-end, quarter-end, and year-end close processes related to lease accounting
Ensure completeness and accuracy of lease data in the lease accounting system
Assist with lease modifications, reassessments, renewals, terminations, and impairments
Prepare 10-Q/10K SEC financial statement disclosures related to leases
Support internal and external audit requests by providing documentation, schedules, and explanations
Identify and support process improvements, including the use of automation tools to improve efficiency, accuracy, and control within accounting processes
Assist in strengthening internal controls over lease accounting and related financial reporting processes
Contribute to broader accounting operations and support cross-functional accounting activities as needed
Perform ad hoc analysis and reporting as requested by management.

Bachelor’s Degree and minimum 4 years of prior relevant experience
Graduate Degree and a minimum of 2 years of prior related experience
In lieu of a degree, minimum of 8 years of prior related experience
3+ years of accounting experience, with significant experience in lease accounting
Strong knowledge of ASC 842 and/or IFRS 16
Experience with general ledger accounting, reconciliations, journal entries, and financial reporting
Experience managing accounting processes through the full accounting cycle
Proficiency in Microsoft Excel, including complex formulas, pivot tables, and reconciliations
CPA or progress toward CPA preferred
Experience with automation tools and process improvement initiatives within accounting or finance functions
Experience with additional accounting areas such as Accounts Payable, Fixed Assets, Cash Accounting, or other general accounting functions
Experience with ERP systems such as PeopleSoft, SAP, and/or Costpoint preferred
Experience with lease accounting platforms such as CoStar Real Estate Management
Experience in public accounting and/or large corporate accounting environments
Familiarity with SOX controls and compliance requirements
Experience working with large volumes of lease data across multiple business units or geographies
Experience supporting end-to-end accounting operations in a corporate environment.

Lease Accounting Specialist

Key skills