Lease Accounting Manager

Job Description

Job Description

Title : Lease Accounting Manager

Location : Scottsdale, Arizona

Description :

The Lease Accounting Manager must be a CPA with an in-depth knowledge of the Accounting for Leases under ASC 842. The Lease Accounting Manager, must have exceptional Project Management skills as they will be responsible for working with Lease Administration and Corporate Accounting to create and implement process improvements and efficiencies for the Lease Accounting Department. The Lease Accountant Manager will take ownership of various work streams and will be responsible for the documentation of such processes. You will be responsible for understanding Tririga (Lease Administration and Accounting Software and will be working with the Corporate Accounting Team to implement best practices surrounding the accounting for leases.

The individual must be highly motivated and be able to work alone, guide Lease Administration while reporting and taking direction from Accounting in NY / NJ. The ideal candidate is a natural leader that takes pride in their workstyle and brings forth positivity to the workplace and exceeds goals in a fast-paced, deadline driven environment. He / she will also be guiding lease administration with any lease accounting related questions.

The candidate must demonstrate proficiency in excel and must be an expert in VLOOKUP’s , sum-ifs and pivot tables.

This role offers diversity in that along with the Accounting for Leases there is a component of the role that will be responsible and working with Lease Administration to create new processes and ensure the current processes are working properly and efficiently.

Responsibilities :

• Take ownership of the review of new and / modified leases for treatment under ASC 842 in Tririga
• Understand the downstream effect of lease modifications and how changes will impact the accounting on certain leases
• Ensure that lease administration has a clear understanding on how to process exceptions in Tririga
• Activate the new / modified leases or send back to Lease Administration as appropriate
• Ensure proper coding for each lease under the Company’s lease / management contract analysis
• Build variance analysis and dashboards on a lease by lease basis
• Be the leader to work with Corporate Accounting and IT on reporting lease KPIs in Oracle Analytics
• Assist with the monthly reconciliation of certain balance sheet accounts under ASC 842 as well as all prepaid and accrued lease accounts
• Lead the effort along with Real Estate, Lease Administration, Accounting and IT to create efficiencies and automation of the percent rent calculation lease process

Requirements :

Reporting to Sr Accounting Manager :

NO residential leasing experience. Those are not transferable skills.

UPDATED NOTES : ( will consider candidates with accounting experience on the following )