Accounting Manager, Leases and Fixed Assets

About the role

This position offers an opportunity to work as a key liaison between finance and accounting functions for several of the North American divisions of Ralph Lauren Corporation. The candidate will oversee the review of lease agreements, accounting functions, and analysis for the Company’s North America lease portfolios, support the closing and reporting process, streamline procedures, and assist in the ongoing review of the SOX internal control process. The role also includes overseeing Fixed Assets for Corporate, Retail, and Wholesale locations. The ideal candidate will have strong problem-solving skills, accurate forecasting and analysis abilities, and the capacity to communicate effectively with all levels of the business.

Responsibilities

• Oversee month-end closing responsibilities for leases and fixed assets.
• Perform detailed review and analysis of lease agreements and track all related activities.
• Ensure compliance with financial accounting and reporting for leases under ASC 842.
• Navigate complex lease matters that may arise (both real estate and non-real estate).
• Oversee creation of lease amortization schedules in CoStar.
• Review and approval of monthly account reconciliations and entries.
• Review monthly forecasts, annual plan, and long-range plan for multiple channels.
• Partner with various teams, including Lease Administration, FP&A, Legal, Real Estate, Capital Management, and Policy.
• Support monthly fixed asset sub-ledger closes.
• Oversee creation and maintenance of assets in the Fixed Assets register.
• Support external quarterly reviews and year-end audit.
• Maintain internal control procedures and ensure compliance with SOX requirements.
• Support the quarterly lease reporting package process as required for external filings.
• Provide accounting leadership and direction to a team of direct reports while developing growth opportunities in a shared service environment.
• Assist with ad-hoc assignments and special projects.
• Assist in the design and implementation of process improvements and best practices.
• Support the ERP+ program and drive consistency across global lease and fixed asset practices.

Requirements

• Deep understanding of lease accounting concepts and practices.
• Experience in lease/contract review and analysis.
• Results-oriented, flexible, resourceful, and self-motivated with the ability to manage multiple deliverables.
• Strong analytical and detail-oriented background.
• Capable of working at a detailed level in a hands-on environment.
• Strong time-management skills, ability to effectively multi-task, and adherence to tight deadlines during the month-end close and forecasting process.
• Experience managing and driving operational improvements and change within an accounting/finance function.
• Strong ability to work as a team and independently when needed.
• Proficiency in Microsoft Office and CoStar (lease administration system).

Qualifications

• 7+ years of accounting experience.
• BS in Accounting, highly encouraged.
• Deep experience with SAP, FCCS, Essbase, and CoStar.
• Direct retail lease experience.