Role - Senior Accountant, Lease Accounting The Senior Accountant, Lease Accounting will be responsible for:
● Overseeing the monthly (quarterly, annual) closing process related to leasing.
● Assessing and consistently applying accounting treatment for new and
existing lease activities globally across all brands, and ensuring decisions
...
align with accounting policy.
● Ensuring accounting in accordance with US GAAP, local GAAP and
compliance with both internal and external requirements.
● Monthly closing reports, variance analysis and reconciliations in accordance
with US GAAP and covering the Sox framework, and own the compliance
aspect regarding this.
● Managing footnote information for SEC filings, as well as information for local
statutory filings.
● Fielding lease accounting inquiries and addressing complex lease
accounting issues.
● Managing the lease management system, i.e. CoStar, for all brands globally.
● Reviewing the completeness and accuracy of abstracted lease agreements
in the lease management system for all brands globally.
● Maintaining lease accounting schedules within the lease management
system.
● Analyzing, importing, and maintaining global accounting inputs for FX rates
and discount rates in the lease management system.
● Partnering with Technical accounting to ensure completeness and accuracy
of complex leases and accounting assumptions.
● Reviewing alerts in the lease management system to identify potential issues
that need to be researched. Taking the recommended actions to correct
issues, where appropriate.
● Generating and reviewing monthly lease journal entries; distributing
monthly and quarterly close reports, including reconciliations, disclosures,
commitments, maturity analysis, forecasts, and other related reports to
brand accounting teams.
● Reconciling assigned balance sheet accounts monthly; resolving reconciling
items on a timely basis.
● Preparing monthly variance explanations for income statement and balance
sheet accounts, including providing financial details to leaders to facilitate
business decisions.
● Partnering with the Real Estate and Lease Administration teams to provide
financial analysis on the lease portfolio to help drive decisions at the Senior
Management level.
● Executing standardized control procedures, and ensuring internal controls
are effectively maintained for assigned tasks. Ensuring compliance with
accounting policies.
● Providing support on both statutory and US financial audits and requests
from internal and external auditors.
● Partnering with the Global Process Owner on various initiatives.
● Enacting continuous process improvements across lease accounting and
lease administration functions and cross-functionally in conjunction withother teams, when applicable.
● Interfacing with cross-functional teams, including Tax, FP&A, P2P, Real Estate
and Technology.
● Supporting and engaging in complex and cross-functional innovation and
improvement projects in accounting and across finance.
● Other duties and special projects as required (e.g., reporting, analysis,
automation, process standardization, etc.).
experience
6show more Role - Senior Accountant, Lease Accounting The Senior Accountant, Lease Accounting will be responsible for:
● Overseeing the monthly (quarterly, annual) closing process related to leasing.
● Assessing and consistently applying accounting treatment for new and
existing lease activities globally across all brands, and ensuring decisions
align with accounting policy.
● Ensuring accounting in accordance with US GAAP, local GAAP and
compliance with both internal and external requirements.
● Monthly closing reports, variance analysis and reconciliations in accordance
with US GAAP and covering the Sox framework, and own the compliance
aspect regarding this.
● Managing footnote information for SEC filings, as well as information for local
statutory filings.
● Fielding lease accounting inquiries and addressing complex lease
accounting issues.
● Managing the lease management system, i.e. CoStar, for all brands globally.
● Reviewing the completeness and accuracy of abstracted lease agreements
in the lease management system for all brands globally.
● Maintaining lease accounting schedules within the lease management
...
system.
● Analyzing, importing, and maintaining global accounting inputs for FX rates
and discount rates in the lease management system.
● Partnering with Technical accounting to ensure completeness and accuracy
of complex leases and accounting assumptions.
● Reviewing alerts in the lease management system to identify potential issues
that need to be researched. Taking the recommended actions to correct
issues, where appropriate.
● Generating and reviewing monthly lease journal entries; distributing
monthly and quarterly close reports, including reconciliations, disclosures,
commitments, maturity analysis, forecasts, and other related reports to
brand accounting teams.
● Reconciling assigned balance sheet accounts monthly; resolving reconciling
items on a timely basis.
● Preparing monthly variance explanations for income statement and balance
sheet accounts, including providing financial details to leaders to facilitate
business decisions.
● Partnering with the Real Estate and Lease Administration teams to provide
financial analysis on the lease portfolio to help drive decisions at the Senior
Management level.
● Executing standardized control procedures, and ensuring internal controls
are effectively maintained for assigned tasks. Ensuring compliance with
accounting policies.
● Providing support on both statutory and US financial audits and requests
from internal and external auditors.
● Partnering with the Global Process Owner on various initiatives.
● Enacting continuous process improvements across lease accounting and
lease administration functions and cross-functionally in conjunction withother teams, when applicable.
● Interfacing with cross-functional teams, including Tax, FP&A, P2P, Real Estate
and Technology.
● Supporting and engaging in complex and cross-functional innovation and
improvement projects in accounting and across finance.
● Other duties and special projects as required (e.g., reporting, analysis,
automation, process standardization, etc.).
experience
6show more