Senior Accountant, Lease Accounting

• 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 with other 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.)

6 years of experience