Lease Accounting Analyst

Key Responsibilities

• Aid in the accounting and reporting for operating and finance leases in accordance with ASC 842 and Company accounting policies.
• Review lease agreements and supporting documentation to identify key accounting terms, payment schedules, renewal options, termination provisions, embedded leases, and other provisions impacting lease accounting.
• Maintain lease data within the lease accounting system, including new leases, amendments, renewals, reassessments, modifications, impairments, asset abandonments, subleases, and terminations.
• Monitor lease activity for changes that may require accounting reassessment or updates to right-of-use assets, lease liabilities, expense recognition, or disclosures.
• Prepare and post monthly lease-related journal entries, including lease expense, interest expense, amortization of right-of-use assets, lease liabilities, straight-line rent, accruals, and reclassification entries.
• Perform monthly reconciliations of lease-related balance sheet and income statement accounts, including right-of-use assets, lease liabilities, and lease expense.
• Support month-end, quarter-end, and year-end close processes by preparing lease schedules, flux analyses, rollforwards, and supporting documentation.
• Aid in financial statement reporting requirements and lease-related disclosures, including preparation of schedules and support for internal management reporting.
• Partner with Real Estate, Legal, Operations, Accounts Payable, Treasury, Tax, FP&A, and business teams to ensure lease data, payment information, and accounting records are complete and accurate.
• Support internal and external audit requests by preparing documentation, responding to inquiries, and maintaining appropriate support for lease accounting conclusions and control activities.
• Aid in process improvements, control enhancements, and system updates related to lease accounting, reporting, and data integrity.
• Prepare ad hoc lease analyses and reporting as requested by accounting leadership, finance partners, or business stakeholders.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• Certification: CPA or CPA eligibility preferred, but not required.
• Experience: 1–3 years of accounting, finance, audit, lease accounting, or corporate accounting experience; experience with ASC 842, lease accounting software, ERP systems, or internal controls preferred.
• Core Competencies: Working knowledge of U.S. GAAP and familiarity with ASC 842 lease accounting requirements; strong analytical, reconciliation, and problem-solving skills with high attention to detail; ability to review contracts and translate lease terms into accounting conclusions, lease system inputs, and supporting documentation; proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis tools; experience with lease accounting software such as Visual Lease, or similar platforms preferred; experience with ERP systems such as SAP or similar systems preferred; knowledge of OneStream consolidation system and related financial reporting workflows preferred; strong organizational skills with the ability to manage recurring deadlines in a fast-paced close environment; collaborative communication style with the ability to work effectively across accounting, finance, legal, real estate, operations, and audit teams; continuous improvement mindset with an interest in enhancing processes, controls, systems, and reporting routines.

Compensation

The base pay for this position generally ranges between $70,000 - $85,000. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.