Lease Accountant

About the role

This position serves Compeer Financial's internal and external clients by providing accounting services to new and existing leases, by analyzing requests and creating accounting system entries using appropriate procedures and accounting principles. It ensures a high degree of accuracy and exceptional service. It serves as a knowledge and technical resource to other team members with regard to accounting processes in assigned areas.

Responsibilities

• Analyzes and creates accounting system entries using the appropriate procedures and accounting principles for basic to moderate transactions.
• Books new leases and assists in client account maintenance.
• Aids in transactions, maintenance, and research for non-ease fleet acquisitions.
• Lease accounting for Compeer lease obligations.
• Ensures accurate and timely lease invoice generation.
• Aids in lease accounting issue resolution.
• Aids in setting up servicing, monitoring, and maintenance of specialty programs.
• Calculates, monitors, and conducts maintenance for payoffs.
• Creates daily general ledger entries.
• Reconciles general ledger to core lease application and other lease accounting programs to ensure transactional accuracy.
• Maintains and resolves exception and unposted items.
• Processes specialized RAU (Risk Asset Unit) lease servicing requests.
• Collaborates with lease sales, credit, and document teams in setting up new programs to function within the accounting systems.
• Processes payments to the application.
• Works with AgriBank/SunStream to solve lease lockbox payment exceptions.
• Administers ACH setup and maintenance.
• Administers month-end and other system jobs utilizing the core lease application and working with outside vendors.
• Financial Operations Support:
• Provides technical support for Compeer Financial team members and/or vendors regarding issues with assigned accounting function (lease or GL clearing account transactions).
• Works closely with team members to ensure issues are resolved in an accurate and timely manner to minimize potential client concerns.
• Communicates and responds to AgriBank/SunStream regarding transactions and system requests, via email or portal.

Qualifications

• Bachelor’s degree in accounting, finance, or related field; or equivalent.
• Minimum of 3 years related work experience required, preferably in the financial services industry.
• Solid knowledge of accounting principles.
• Understanding of lease accounting, impact of transactions as well as impact to the financials and the organization overall.
• Strong, proven interpersonal communication, client service, and team skills.
• A high degree of accuracy, strong attention to detail, strong analytical skills, ability to meet deadlines, and ability to work independently required.
• Ability to problem solve and make decisions.
• Skill in developing and maintaining interpersonal relationships.
• Intermediate computer skills including MS Office applications (Word, Excel, Access, Outlook, etc.) and other related accounting software applications.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
• Valid driver’s license.