The Mom Project
Senior Lease Accountant (Hybrid - Chicago/Nashville)
The Mom Project, Chicago, Illinois, United States, 60290
Senior Lease Accountant (Hybrid - Chicago/Nashville)
Our Customer is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles with operations in North America, Europe, and Taiwan. They offer their customers a broad range of replacement systems, components, equipment, and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. We are seeking a
Senior Lease Accountant
for the global administration and reporting of all facility, vehicle, and equipment lease accounting activities for the company. Responsibilities
Lead the preparation, coordination, and maintenance of lease documentation to ensure accuracy and compliance with ASC 842. Oversee the entry and ongoing maintenance of lease data within the lease accounting system, ensuring integrity and alignment with contractual terms. Apply advanced ASC 842 knowledge to review and determine lease classification and treatment, including complex arrangements and modifications. Manage lease-related activities during monthly, quarterly, and annual financial close cycles, including preparation, review, and approval of journal entries. Review and validate lease schedules in the Lease Accounting Application for consistency with source documents and accounting standards. Serve as a subject matter expert in reviewing lease agreements and interpreting terms for proper accounting treatment. Perform and review detailed reconciliations of lease-related balance sheet accounts; investigate and resolve discrepancies proactively. Identify, recommend, and implement process improvements and automation opportunities to increase efficiency and accuracy. Provide mentorship and guidance to junior team members to ensure adherence to controls and policies. Act as a key liaison with cross-functional teams (Real Estate, Fleet and Logistics, Legal, FP&A) to ensure accurate lease data capture. Monitor and respond to lease-related inquiries, escalating issues when necessary and ensuring timely resolution. Prepare and review audit schedules for internal and external audits; serve as primary contact for lease-related audit requests. Stay current on accounting guidance, regulatory changes, and best practices in lease accounting, updating policies and processes as needed. Support strategic initiatives and special projects, including system upgrades, M&A activity, and policy updates. Perform other duties as assigned. Skills And Qualifications
Bachelor’s degree in Accounting. 5+ years of relevant accounting experience. Strong knowledge and experience applying ASC 842 lease accounting standards. Solid knowledge of U.S. GAAP and related accounting regulations. Ability to document processes, formulate policies, and implement controls. Advanced proficiency in Microsoft Excel; strong skills in Outlook, Word, PowerPoint, and databases. Strong analytical, problem-solving, and decision-making skills for complex accounting matters. Excellent oral and written communication skills; ability to train others, collaborate across teams, and present to management. Ability to manage multiple projects simultaneously with moderate complexity. Detail-oriented with strong organizational and time-management skills. Preferred
CPA certification. Experience with FinQuery Lease software. Corporate accounting experience. Physical Demands/Work Environment
Work is primarily sedentary; must be able to sit for extended periods and use a computer, keyboard, and mouse. Must be able to lift up to 25 pounds. Periodic travel, including overnight stays, may be required. Hours and Location
M-F 40 hours/week Hybrid in Chicago, IL, or Nashville, TN. Periodic travel required, including overnight stays as needed Benefits
Health/Dental/Vision Insurance Paid Time Off 401 (k) with Generous Company Match Company Paid Life Insurance and Long-Term Disability Short-Term Disability Employee Assistance Program Tuition Reimbursement Employee Discounts We are an equal opportunities employer and welcome applications from diverse candidates.
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Our Customer is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles with operations in North America, Europe, and Taiwan. They offer their customers a broad range of replacement systems, components, equipment, and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. We are seeking a
Senior Lease Accountant
for the global administration and reporting of all facility, vehicle, and equipment lease accounting activities for the company. Responsibilities
Lead the preparation, coordination, and maintenance of lease documentation to ensure accuracy and compliance with ASC 842. Oversee the entry and ongoing maintenance of lease data within the lease accounting system, ensuring integrity and alignment with contractual terms. Apply advanced ASC 842 knowledge to review and determine lease classification and treatment, including complex arrangements and modifications. Manage lease-related activities during monthly, quarterly, and annual financial close cycles, including preparation, review, and approval of journal entries. Review and validate lease schedules in the Lease Accounting Application for consistency with source documents and accounting standards. Serve as a subject matter expert in reviewing lease agreements and interpreting terms for proper accounting treatment. Perform and review detailed reconciliations of lease-related balance sheet accounts; investigate and resolve discrepancies proactively. Identify, recommend, and implement process improvements and automation opportunities to increase efficiency and accuracy. Provide mentorship and guidance to junior team members to ensure adherence to controls and policies. Act as a key liaison with cross-functional teams (Real Estate, Fleet and Logistics, Legal, FP&A) to ensure accurate lease data capture. Monitor and respond to lease-related inquiries, escalating issues when necessary and ensuring timely resolution. Prepare and review audit schedules for internal and external audits; serve as primary contact for lease-related audit requests. Stay current on accounting guidance, regulatory changes, and best practices in lease accounting, updating policies and processes as needed. Support strategic initiatives and special projects, including system upgrades, M&A activity, and policy updates. Perform other duties as assigned. Skills And Qualifications
Bachelor’s degree in Accounting. 5+ years of relevant accounting experience. Strong knowledge and experience applying ASC 842 lease accounting standards. Solid knowledge of U.S. GAAP and related accounting regulations. Ability to document processes, formulate policies, and implement controls. Advanced proficiency in Microsoft Excel; strong skills in Outlook, Word, PowerPoint, and databases. Strong analytical, problem-solving, and decision-making skills for complex accounting matters. Excellent oral and written communication skills; ability to train others, collaborate across teams, and present to management. Ability to manage multiple projects simultaneously with moderate complexity. Detail-oriented with strong organizational and time-management skills. Preferred
CPA certification. Experience with FinQuery Lease software. Corporate accounting experience. Physical Demands/Work Environment
Work is primarily sedentary; must be able to sit for extended periods and use a computer, keyboard, and mouse. Must be able to lift up to 25 pounds. Periodic travel, including overnight stays, may be required. Hours and Location
M-F 40 hours/week Hybrid in Chicago, IL, or Nashville, TN. Periodic travel required, including overnight stays as needed Benefits
Health/Dental/Vision Insurance Paid Time Off 401 (k) with Generous Company Match Company Paid Life Insurance and Long-Term Disability Short-Term Disability Employee Assistance Program Tuition Reimbursement Employee Discounts We are an equal opportunities employer and welcome applications from diverse candidates.
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