[Hiring] Specialist, Lease Accounting @L3HHCM20

Role Description

We are seeking an experienced Lease Accountant to manage and support the company’s lease accounting processes in compliance with applicable accounting standards, including ASC 842 and/or IFRS 16. This role is responsible for the accurate recording, reconciliation, reporting, and analysis of lease-related transactions across the organization. The ideal candidate will have strong technical accounting knowledge, excellent analytical skills, and experience with lease accounting systems, ERP platforms, automation tools, and end-to-end accounting processes.

• Manage the end-to-end lease accounting process for a portfolio of real estate and/or equipment leases.
• Review lease agreements and abstracts to determine proper accounting treatment under ASC 842 and/or IFRS 16.
• Prepare and record monthly, quarterly, and annual lease accounting journal entries.
• Maintain lease schedules, amortization tables, and right-of-use asset and lease liability calculations.
• Reconcile lease-related general ledger accounts and investigate variances.
• Support month-end, quarter-end, and year-end close processes related to lease accounting.
• Ensure completeness and accuracy of lease data in the lease accounting system.
• Assist with lease modifications, reassessments, renewals, terminations, and impairments.
• Prepare 10-Q/10K SEC financial statement disclosures related to leases.
• Support internal and external audit requests by providing documentation, schedules, and explanations.
• Identify and support process improvements, including the use of automation tools to improve efficiency, accuracy, and control within accounting processes.
• Assist in strengthening internal controls over lease accounting and related financial reporting processes.
• Contribute to broader accounting operations and support cross-functional accounting activities as needed.
• Perform ad hoc analysis and reporting as requested by management.

Qualifications

• Bachelor’s Degree and minimum 4 years of prior relevant experience. Graduate Degree and a minimum of 2 years of prior related experience. In lieu of a degree, minimum of 8 years of prior related experience.
• 3+ years of accounting experience, with significant experience in lease accounting.

Requirements

• Strong knowledge of ASC 842 and/or IFRS 16.
• Experience with general ledger accounting, reconciliations, journal entries, and financial reporting.
• Experience managing accounting processes through the full accounting cycle.
• Proficiency in Microsoft Excel, including complex formulas, pivot tables, and reconciliations.
• CPA or progress toward CPA preferred.
• Experience with automation tools and process improvement initiatives within accounting or finance functions.
• Experience with additional accounting areas such as Accounts Payable, Fixed Assets, Cash Accounting, or other general accounting functions.
• Experience with ERP systems such as PeopleSoft, SAP, and/or Costpoint preferred.
• Experience with lease accounting platforms such as CoStar Real Estate Management.
• Experience in public accounting and/or large corporate accounting environments.
• Familiarity with SOX controls and compliance requirements.
• Experience working with large volumes of lease data across multiple business units or geographies.
• Experience supporting end-to-end accounting operations in a corporate environment.

Benefits

• Health and disability insurance.
• 401(k) match.
• Flexible spending accounts.
• EAP (Employee Assistance Program).
• Education assistance.
• Parental leave.
• Paid time off.
• Company-paid holidays.