United States Postal Service
Manager Lease Accounting
United States Postal Service, Washington, District of Columbia, us, 20022
United States Postal Service provided pay range
This range is provided by United States Postal Service. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $127,230.00/yr - $145,780.00/yr
Talent Acquisition Specialist at the United States Postal Service FUNCTIONAL PURPOSE:
Manages the lease accounting team; ensures compliance with the accounting and reporting requirements of Accounting Standards Codification 842, Leases (ASC 842). Leverages professional knowledge and experience to provide guidance on lease accounting activities to stakeholders at all levels of the organization.
DUTIES AND RESPONSIBILITIES:
Manages a team of lease accountants responsible for ensuring accuracy and completeness of lease accounting, to include but not limited to, reviewing new and existing service agreements/contracts for embedded leases and providing guidance on complex facility leases. Provides technical guidance, feedback, and professional development to ensure team’s growth in the field of lease accounting.
Oversees the period-end accounting close for lease portfolios (e.g., facility, embedded); reviews and evaluates period-end lease accounting close deliverables to ensure accuracy and completeness.
Oversees the development of lease accounting disclosures within the quarterly and annual financial reports (i.e., Form 10-Q, Form 10-K); reviews disclosures to ensure accuracy, completeness, and compliance with ASC 842.
Reviews the lease accounting policy and technical accounting memorandums to ensure completeness, accuracy, and compliance with ASC 842 and accounting principles generally accepted in the United States (US GAAP).
Serves as the control owner for lease-related Sarbanes‑Oxley (SOX) internal controls to ensure requirements are performed timely, documented adequately and completely, and no gaps or deficiencies exist. Provides guidance to the Accounting Service Center on performing risk assessment procedures and developing new internal controls to mitigate emerging risks.
Reviews and evaluates lease data analysis findings; identifies errors and inefficiencies. Develops and implements plans to correct findings.
Manages the lease accounting software package to include communicating system errors, deficiencies, and enhancements needed to the vendor.
Serves as the subject matter expert in lease accounting for internal and external stakeholders. Provides accounting guidance regarding complex transactions and collaborates with stakeholders to develop lease accounting process improvements. Serves as the primary liaison for the external auditors, the Office of Inspector General (OIG), and the Government Accountability Office (GAO) on lease accounting matters.
Develops and presents training on lease accounting topics to the accounting and finance organization.
REQUIREMENTS:
Ability to communicate orally and in writing sufficient to provide technical guidance, advice, and policy interpretation to senior executive level and external stakeholders regarding lease accounting.
Ability to supervise the work performance of staff, which includes scheduling and time and attendance functions, evaluating performance against goals, providing technical guidance and feedback, building effective work relationships, and establishing individual development plans.
Ability to develop and present trainings to a diverse audience in a clear and concise manner.
EXPERIENCE REQUIREMENT: 5 years of experience working in corporate or public accounting, which must include experience with applying ASC 842 lease accounting standard.
Ability to review and evaluate complex lease transactions sufficient to ensure compliance with ASC 842 lease accounting and US GAAP.
EDUCATION/CERTIFICATION/EXPERIENCE REQUIREMENT: Applicants must possess a Bachelors or graduate degree in accounting or a closely related field which included at least 24 semester hours of accounting, auditing, finance and business law coursework field from a college or university accredited by a national or regional accreditation organization recognized and sanctioned by the U.S. Department of Education or 4 years of experience in accounting or equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must include one of the following: 1) 24 semester hours in accounting or auditing courses with up to 6 years of business law, 2) A certificate as Certified Public Accountant (CPA) or a Certified Internal Auditor, obtained through written examination, or 3) Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24‑semester‑hour requirement, provided that (a) the applicant has successfully worked at the full‑performance level in accounting, auditing, or a related field, (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4‑year course of study; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Accounting/Auditing
Government Administration
Benefits inferred from the description for this job
Medical insurance
Vision insurance
401(k)
Pension plan
Referrals increase your chances of interviewing at United States Postal Service by 2x #J-18808-Ljbffr
Base pay range $127,230.00/yr - $145,780.00/yr
Talent Acquisition Specialist at the United States Postal Service FUNCTIONAL PURPOSE:
Manages the lease accounting team; ensures compliance with the accounting and reporting requirements of Accounting Standards Codification 842, Leases (ASC 842). Leverages professional knowledge and experience to provide guidance on lease accounting activities to stakeholders at all levels of the organization.
DUTIES AND RESPONSIBILITIES:
Manages a team of lease accountants responsible for ensuring accuracy and completeness of lease accounting, to include but not limited to, reviewing new and existing service agreements/contracts for embedded leases and providing guidance on complex facility leases. Provides technical guidance, feedback, and professional development to ensure team’s growth in the field of lease accounting.
Oversees the period-end accounting close for lease portfolios (e.g., facility, embedded); reviews and evaluates period-end lease accounting close deliverables to ensure accuracy and completeness.
Oversees the development of lease accounting disclosures within the quarterly and annual financial reports (i.e., Form 10-Q, Form 10-K); reviews disclosures to ensure accuracy, completeness, and compliance with ASC 842.
Reviews the lease accounting policy and technical accounting memorandums to ensure completeness, accuracy, and compliance with ASC 842 and accounting principles generally accepted in the United States (US GAAP).
Serves as the control owner for lease-related Sarbanes‑Oxley (SOX) internal controls to ensure requirements are performed timely, documented adequately and completely, and no gaps or deficiencies exist. Provides guidance to the Accounting Service Center on performing risk assessment procedures and developing new internal controls to mitigate emerging risks.
Reviews and evaluates lease data analysis findings; identifies errors and inefficiencies. Develops and implements plans to correct findings.
Manages the lease accounting software package to include communicating system errors, deficiencies, and enhancements needed to the vendor.
Serves as the subject matter expert in lease accounting for internal and external stakeholders. Provides accounting guidance regarding complex transactions and collaborates with stakeholders to develop lease accounting process improvements. Serves as the primary liaison for the external auditors, the Office of Inspector General (OIG), and the Government Accountability Office (GAO) on lease accounting matters.
Develops and presents training on lease accounting topics to the accounting and finance organization.
REQUIREMENTS:
Ability to communicate orally and in writing sufficient to provide technical guidance, advice, and policy interpretation to senior executive level and external stakeholders regarding lease accounting.
Ability to supervise the work performance of staff, which includes scheduling and time and attendance functions, evaluating performance against goals, providing technical guidance and feedback, building effective work relationships, and establishing individual development plans.
Ability to develop and present trainings to a diverse audience in a clear and concise manner.
EXPERIENCE REQUIREMENT: 5 years of experience working in corporate or public accounting, which must include experience with applying ASC 842 lease accounting standard.
Ability to review and evaluate complex lease transactions sufficient to ensure compliance with ASC 842 lease accounting and US GAAP.
EDUCATION/CERTIFICATION/EXPERIENCE REQUIREMENT: Applicants must possess a Bachelors or graduate degree in accounting or a closely related field which included at least 24 semester hours of accounting, auditing, finance and business law coursework field from a college or university accredited by a national or regional accreditation organization recognized and sanctioned by the U.S. Department of Education or 4 years of experience in accounting or equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must include one of the following: 1) 24 semester hours in accounting or auditing courses with up to 6 years of business law, 2) A certificate as Certified Public Accountant (CPA) or a Certified Internal Auditor, obtained through written examination, or 3) Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24‑semester‑hour requirement, provided that (a) the applicant has successfully worked at the full‑performance level in accounting, auditing, or a related field, (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4‑year course of study; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Accounting/Auditing
Government Administration
Benefits inferred from the description for this job
Medical insurance
Vision insurance
401(k)
Pension plan
Referrals increase your chances of interviewing at United States Postal Service by 2x #J-18808-Ljbffr