Lease Accountant T500-14348

3 - 8 years

0 Lacs

Posted:5 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Lease Accountant, your primary responsibility will involve managing various aspects of equipment leases, operating & finance leases, finance lease liability, rent expenses, equipment rental reclasses & accruals, and utilities water P&L analysis for the entire company. You will work closely with different teams such as Fixed Asset, Real Estate, IT, Environmental, VP of Financial Reporting, CFO, ARKO, Empire, Quarles, and Operations to ensure accurate and timely processing of lease-related transactions. For equipment leases, you will record new capital lease additions, reconcile monthly invoices, and coordinate with relevant teams for lease management. You will also handle the documentation and compliance requirements for ASC 842 operating & finance leases, updating lease capitalization schedules, preparing reports for financial statements, and calculating lease durations. Your role will also involve managing finance lease liability, reconciling rent expenses including CAM and Percentage Rent, preparing rent summary files, and processing equipment rental reclasses & accruals. Additionally, you will be responsible for analyzing utilities water P&L, identifying possible leaks, and communicating with the Operations team. To qualify for this position, you must have a Bachelor's degree in accounting, finance, or banking with 8+ years of accounting experience and at least 3 years in Lease or Real Estate Accounting. Strong organizational, leadership, and communication skills are essential, along with the ability to prioritize tasks, delegate responsibilities, and manage multiple activities effectively. Being adaptable to a fast-paced environment, having excellent problem-solving skills, and proficiency in Microsoft Excel are also key requirements for this role.,

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