Set-up and evaluate the accounting impact of new and/or modified lease contracts in accordance with ASC 842.
Gather, verify and input cross-functional data into the lease management tool.
Own the month end close process for lease accounting, including recording monthly lease journal entries and preparing reconciliations.
Responsible for documentation of the Company’s assessment of leases treatment in accordance with GAAP.
Perform monthly and annual close responsibilities including active participation in monthly variance analysis.
Work closely with the AP team to reconcile and initiate lease payments, ensuring they are processed completely, accurately, and timely.
Prepare ad hoc reports as needed to support routine reviews, accounting, and financial reporting needs.
Ensure proper accounting for all fixed assets including capitalizations, transfers, disposals, depreciation and impairment.
Coordinate with Operations and Development teams on fixed assets for opening and closing stores.
Complete fixed assets roll forwards and reconciliations.
Work with our third-party provider and AP to ensure that our property taxes are paid accurately and timely, and that related journal entries and reconciliations are completed.
Ensure that all processes and procedures are documented and updated.
Cross train on other accounting projects and month end reconciliations and responsibilities as assigned.

Senior Accountant – Lease Accounting, Fixed Assets

Key skills