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Senior Lease Accountant

United States, Downers Grove 76000.00 - 95000.00 USD / Year · Job Posted February 17, 2026
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Job Description

The Senior Accountant will be a critical member of the accounting team, responsible for being a key member in month-end close, specifically focused on all aspects of leases. This includes the monthly journal entries, reviewing and ensuring accuracy of monthly payments, CAM/utilities audits, performing analysis and reviewing the technical accounting aspects of ASC 842. Own the lease accounting lifecycle (new leases, modifications/remeasurements, terminations, and impairments) and serve as the accounting SME for the lease system. This role is critical in handling higher complexity technical accounting matters (lease impairment) and assisting where their areas affect financial reporting. Provide day-to-day guidance, review work, and support development of two Lease Accounting Specialists (non-people-manager) . The ideal candidate thrives in a fast-paced setting and brings strong technical acumen, analytical, acute attention to detail, and solution-oriented mindset.

Job Responsibility

  • Month-End Close: Prepare and review all month end journal entries as it relates to leases and lease payments. This includes preparing all reconciliations and investigating any differences.
  • Lease payments : Review the monthly lease payments and help support the lease accountants to ensure accurate and timely payments
  • Cross-Functional Collaboration : Partner with FP&A, legal, operations and the lease administrative teams to support business initiatives and ensure accounting alignment (assistance with DeNovo builds and ramps).
  • Lease audits: Review, analyze, and perform audits of year end statements from landlords regarding Common Area Maintenance, Real Estate Taxes, Utilities and Advertising costs.
  • Remeasurements/modifications/terminations: reassess lease term, update discount rate when required, remeasure liability/ROU, handle partial terminations/cease-use
  • System: Be the system administrator on the lease module from the accounting team perspective
  • Financial Reporting : Prepare financial statements, related footnotes and analysis for reporting group, inclusive of discloures related to leases
  • Technical Accounting Research and Analysis: Analyze and interpret complex accounting issues (e.g. ASC 842, ASC 360, ASC 810, ASC 606, ASC 470, etc.) and research new standards and pronouncements

Requirements

  • Bachelor’s degree in Accounting or Finance
  • 5+ years of relevant accounting experience, ideally in high-growth retail or healthcare organizations
  • Experience with multi-entity and/or consolidated financial statements
  • General ledger management and cost allocations
  • Experience with lease accounting and ASC 842.
  • Strong knowledge of GAAP (ASC 842) and financial reporting requirements
  • Excellent problem-solving, analytical, organization, and communication skills
  • Proficiency in accounting systems (e.g., NetSuite, Oracle, SAP, Great Plains, or similar)
  • Advanced excel skills (Vlookup, Nested Formulas, Pivot Tables, Advanced Charting, PowerPivot)
  • Experience in accounting software such as Lease Harbor, Apex,Trintech, GTreasury, Great Plains.
  • Ability to thrive in a fast-paced, complex environment with competing priorities

Nice to have

  • SOX-compliance programs and documentation requirements
  • Preparing financial analysis and presenting to internal and external stakeholders
  • CPA

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