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We are looking for a knowledgeable Lease Accounting Specialist to join our team in Houston, Texas. In this role, you will utilize your expertise in lease accounting and ASC 842 regulations to support clients in navigating complex financial scenarios. You will play a key role in ensuring compliance, troubleshooting issues, and improving accounting processes.
Job Responsibility:
Serve as the primary advisor for clients requiring guidance on ASC 842 lease classification, calculations, amortization schedules, and remeasurements
Analyze and validate lease data to assist with intricate setups and accounting challenges within specialized software
Resolve discrepancies in accounting calculations and ensure compliance with industry standards
Provide expert consultation on general ledger mapping, journal entry outputs, and system integration strategies
Facilitate client training sessions, discussions, and demonstrations on lease accounting functionalities and reporting tools
Monitor updates to ASC 842 regulations and interpret emerging changes to advise clients effectively
Collaborate with product and development teams to translate accounting requirements into software features
Review new software releases to confirm adherence to accounting standards and perform user acceptance testing
Develop internal documentation, training materials, and knowledge base content related to lease accounting
Offer guidance to cross-functional teams on accounting best practices and system capabilities
Requirements:
Minimum of 2 years of experience in accounting, with a focus on lease accounting
Proficiency in ASC 842 standards and lease accounting principles
Strong skills in general ledger management, account reconciliation, and bank reconciliations
Ability to analyze complex financial data and troubleshoot accounting discrepancies
Experience with client consultation and the ability to communicate technical concepts clearly
Familiarity with accounting software and system integrations
Knowledge of regulatory updates and financial compliance standards
Excellent organizational and documentation skills to support training and process improvements