Senior Technical Accountant

Key Responsibilities

• Restaurant Lease Accounting (ASC 842)
• Own the lease portfolio end to end — restaurant real estate, ground leases, equipment leases, and subleases to franchise operators — abstracting new and amended leases as units open, transfer, refranchise, or close.
• Perform classification analysis and calculate ROU assets and lease liabilities, including remeasurement for modifications, option reassessments, holdovers, and terminations.
• Account for percentage and variable rent, CAM, real estate taxes, insurance pass-throughs, and tenant improvement allowances.
• Handle closed and dark stores — cease-use decisions, ROU asset impairment, termination and buyout accounting, and obligations on non-operating sites.
• Prepare amortization schedules, entries, reconciliations, footnote disclosures, and maturity tables; resolve lease system to general ledger differences.
• Serve as the internal ASC 842 resource for real estate, development, franchise, and legal teams evaluating new or amended deals.
• Restaurant Fixed Assets
• Own the fixed asset subledger by unit: leasehold improvements, kitchen and refrigeration equipment, POS and back-office technology, furniture and fixtures, signage, and drive-thru systems.
• Administer construction-in-progress for new builds, conversions, remodels, and refresh programs; apply capitalization triggers and record placed-in-service on opening date.
• Apply capitalization policy consistently and distinguish capital from repairs and maintenance in a high-volume R&M environment; amortize leasehold improvements over the shorter of useful life or lease term.
• Account for unit closures, equipment transfers, retirements, and assets conveyed in refranchising transactions.
• Support ASC 360 impairment testing at the individual restaurant level — asset grouping, undiscounted cash flow analysis by unit, and fair value measurement.
• Prepare roll-forwards, depreciation forecasts, and capital spend reporting by brand, unit, and project; coordinate periodic asset verification with field and operations teams.

Close, Reporting & Systems

• Execute month-end, quarter-end, and year-end close across multiple brands and legal entities on a tight calendar, including entries, accruals, and reconciliations.
• Deliver variance analysis with the actual driver — unit count, remodel activity, closures, rent changes — and draft technical memos documenting accounting conclusions.
• Administer the lease accounting system and fixed asset module, maintain NetSuite integrations, and implement automation that shortens the close and reduces manual schedules.
• Support acquisition and refranchising integration, including opening balance sheet lease and asset data and system conversion.
• Execute internal controls, maintain desk procedures, and serve as primary contact for external auditors on lease and fixed asset requests.

Requirements

• Bachelor's degree in Accounting or Finance.
• 4+ years of progressive accounting experience; public accounting or a public/private combination strongly preferred.
• Demonstrated hands-on ownership of ASC 842 for a substantial multi-location lease portfolio — not incidental exposure.
• Demonstrated hands-on ownership of a fixed asset subledger including CIP, leasehold improvements, and capitalization policy application.
• Experience in a multi-entity environment with intercompany activity and consolidation.
• Working knowledge of US GAAP with the ability to research guidance independently and document conclusions in writing.
• Advanced Excel and AI (large data sets, complex formulas, pivot tables, reconciling system output to source data).
• Proven experience supporting external audits on assigned areas.