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Solomon Page Logo Solomon Page · -

Lease & Property Accountant

United States, Austin 100000.00 - 120000.00 USD / Year · Job Posted March 24, 2026
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Job Description

Our client is a rapidly growing, multi-location organization with 130+ active locations nationwide and plans to expand to 160+ locations within the next year. With this continued growth, they are seeking a Lease & Property Accountant to support their expanding real estate portfolio and ensure accurate accounting, reporting, and operational oversight. This is a high-impact role partnering closely with Accounting, Finance, Real Estate, and Operations teams in a fast-paced, growth-oriented environment. The Lease & Property Accountant will be responsible for the end-to-end accounting and financial oversight of the company’s lease portfolio and property-related activity, ensuring compliance with ASC 842 while also managing property-level financials. This individual will play a critical role in maintaining lease accuracy, monitoring occupancy costs, and supporting the financial infrastructure of a rapidly scaling footprint.

Job Responsibility

  • Manage lease accounting under ASC 842, including initial recognition, remeasurements, modifications, and impairments
  • Prepare and record monthly lease journal entries (ROU assets, lease liabilities, amortization, interest expense)
  • Reconcile lease-related balance sheet accounts and ensure accuracy of financial reporting
  • Maintain and update lease accounting system (LeaseQuery, Visual Lease, CoStar, etc.)
  • Review lease agreements, amendments, renewals, and terminations for proper accounting treatment
  • Track and account for property-related expenses including rent, CAM (common area maintenance), property taxes, insurance, and utilities
  • Review and reconcile landlord invoices and CAM reconciliations, ensuring accuracy and identifying discrepancies
  • Accrue and analyze monthly occupancy costs across 130+ locations
  • Partner with AP to ensure timely and accurate rent payments and proper expense coding
  • Monitor lease escalations, percentage rent, and expense recoveries
  • Maintain a centralized database of all lease and property-related data across a multi-state footprint
  • Support new site openings, closures, and relocations from an accounting perspective
  • Partner with Real Estate and Legal teams to ensure completeness and accuracy of lease and property documentation
  • Support month-end and year-end close processes for lease and property accounting
  • Prepare property-level reporting and variance analysis (actual vs. budget/forecast)
  • Assist in preparing audit schedules and supporting documentation for external auditors
  • Support technical accounting memos related to lease and property accounting
  • Identify and implement process improvements as the company scales from 130 ? 160+ locations
  • Assist in building and strengthening internal controls around lease and property accounting
  • Support implementation or optimization of lease/property management systems
  • Partner with FP&A on occupancy cost forecasting, budgeting, and long-term planning
  • Work closely with Real Estate, Legal, and Operations teams on lease terms, renewals, and site performance
  • Provide insights into lease obligations, occupancy trends, and cost drivers to leadership

Requirements

  • Bachelor’s degree in Accounting or Finance
  • 3–6+ years of accounting experience (lease accounting, property accounting, or both)
  • Strong knowledge of ASC 842 lease accounting
  • Experience in multi-location environments (retail, healthcare, restaurant, or similar)
  • Advanced Excel skills

Nice to have

  • Experience with lease/property accounting systems (LeaseQuery, Visual Lease, CoStar, Yardi, MRI, etc.)
  • CPA or CPA-track
  • Strong attention to detail with ability to manage high-volume data across locations
  • Ability to connect lease accounting with real-world property operations
  • Proactive and process-driven in a scaling environment
  • Strong communicator with cross-functional business partners

What we offer

  • full benefit package
  • bonus
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