Senior Lease Accountant

StevenDouglas has been exclusively engaged on an outstanding Senior Lease Accountant career opportunity in Austin, Texas

We are seeking individuals with strong experience in lease accounting (ASC 842) to join a fantastic Finance and Accounting team. This role will be responsible for managing the accounting and reporting requirements associated with the company’s portfolio of office and distribution facilities .

Candidates should have the following:

• Strong technical accounting experience with lease accounting (ASC 842) and fixed assets , including ownership of accounting, reconciliations, reporting, and related internal controls.
• Experience working in a public company environment or a complex, growth-oriented private company (ideally $500M+ in annual revenue), with exposure to established accounting processes and compliance requirements.
• Naturally curious and process-oriented mindset , with a track record of identifying opportunities for process improvements, increasing efficiency, and enhancing the control environment.

Key Responsibilities

• Manage the accounting for the company’s lease portfolio in accordance with ASC 842 , including operating and finance leases.
• Maintain accurate lease records for office, distribution, and other facilities.
• Review and analyze new leases, amendments, renewals, terminations, and other contractual changes to determine appropriate accounting treatment.
• Perform lease calculations, including right-of-use (ROU) assets, lease liabilities, amortization, and interest expense .
• Prepare and record monthly lease-related journal entries and account reconciliations.
• Maintain lease schedules and supporting documentation and ensure the accuracy and completeness of lease data.
• Perform monthly, quarterly, and annual close activities related to lease accounting.
• Assist with financial statement disclosures and supporting schedules related to leases.
• Partner with Real Estate, Legal, Procurement, Operations, and other business partners to obtain and validate lease information.
• Monitor lease modifications, renewals, extensions, and other changes that may impact accounting treatment.
• Support internal and external audits by providing lease schedules, calculations, documentation, and other requested information.
• Identify opportunities to improve lease accounting processes, controls, reporting, and documentation.
• Assist with the implementation and maintenance of lease accounting systems and technology.