Continental Services
Fixed Asset and Lease Specialist
Continental Services, Sterling Heights, Michigan, United States, 48310
Fixed Asset and Lease Specialist
The Fixed Asset and Lease Specialist will be responsible for managing the company's asset portfolio and lease agreements as a standalone position, ensuring compliance with tax regulations and optimizing tax benefits. This role requires a self-directed professional who can work independently with minimal supervision while building and maintaining effective relationships with key stakeholders across finance, legal, and operations teams. The ideal candidate will be resourceful, comfortable working in an evolving environment with limited established processes, and skilled at creating structure where needed. Key Responsibilities
Asset Management: Independently maintain and update the asset register, ensuring all assets are accurately recorded and depreciated according to tax regulations Conduct regular audits of physical and intangible assets to verify their existence and condition Coordinate with the finance team to ensure proper capitalization and disposal of assets Develop and implement asset tracking processes and controls where gaps exist Lease Management: Independently oversee the administration of lease agreements, including renewals, terminations, and amendments Ensure compliance with lease accounting standards, specifically ASC 842, and tax regulations Analyze lease agreements to identify and optimize tax benefits Build relationships with landlords, lessors, and internal stakeholders to facilitate smooth lease operations Tax Compliance: Collaborate with internal tax team and external tax advisors to ensure all asset and lease-related transactions comply with local, state, and federal tax laws Prepare and review tax filings related to asset and lease management Stay current on changes in tax legislation and accounting standards that impact asset and lease management Proactively identify tax planning opportunities Financial Analysis and Reporting: Prepare regular reports on asset and lease performance, including financial metrics and tax implications Provide insights and recommendations to senior management based on financial analysis Support budgeting and forecasting processes related to asset and lease management Create and maintain documentation for processes and procedures Process Development: Identify opportunities to improve existing processes or create new ones where needed Research and recommend best practices for asset and lease management Work cross-functionally to implement solutions with minimal guidance Skills, Knowledge and Expertise
Required: Bachelor's degree in Accounting, Finance, Business Administration, or related field Minimum of 5 years of experience in asset management, lease management, or related financial operations Strong knowledge of tax regulations and financial reporting Experience with lease accounting standards (ASC 842 preferred) Demonstrated ability to work independently with minimal supervision Strong analytical, organizational, and communication skills Proficiency in accounting software and Microsoft Office Suite (advanced Excel skills required) Preferred: CPA, CMA, or equivalent certification Experience with both fixed asset and lease management (or strong experience in one area with willingness to learn the other) Background in tax accounting or corporate tax Experience with ERP systems (SAP, Oracle, NetSuite, etc.) Previous experience in a startup or growing company environment Experience building processes and procedures from the ground up Essential Traits: Self-directed and resourceful
- able to identify problems and create solutions independently Comfortable with ambiguity
- thrives in environments with evolving processes and limited structure Strong stakeholder management
- builds effective working relationships across departments Detail-oriented
with strong problem-solving abilities Adaptable
- comfortable wearing multiple hats and taking on varied responsibilities Excellent communication skills
- can explain complex concepts to non-technical stakeholders Strong project management skills
- able to manage multiple priorities and meet deadlines Continuous learner
- stays current with industry changes and seeks professional development About Continental Services
The Great Lakes Food & Beverage Leader Founded in 1989, Continental has grown from an office coffee and vending specialist to consistently ranking as one of the top events and contract dining and refreshment providers in the nation. Guided by industry leaders and powered by the largest collection of culinary talent in the Midwest, our award-winning team has a tireless commitment to high quality, innovative culinary offerings and unparalleled client and guest services. Our singular mission is to delight our guests, every meal, every day. It's no secret that food brings us together. A cup of coffee is a chance to meet someone new. A meal is an opportunity to collaborate. At Continental, developing experiences that connect people is at the heart of everything we do. Discover first-hand the passion of a full-service team committed to your vision and customizing services to support it. Micro-Markets
Food Delivery
Full-Service Dining
Innovative Vending
Office Coffee & Water
Pantry Services
Barista Bars
Catering
Premier Events Looking to grow your career on your terms? Get to know us more. Our Hiring Process
Stage 1: Applied Stage 2: Review Stage 3: Phone Interview Stage 4: Hiring Manager Interview Stage 5: 2nd Hiring Manager Interview Stage 6: Hired
The Fixed Asset and Lease Specialist will be responsible for managing the company's asset portfolio and lease agreements as a standalone position, ensuring compliance with tax regulations and optimizing tax benefits. This role requires a self-directed professional who can work independently with minimal supervision while building and maintaining effective relationships with key stakeholders across finance, legal, and operations teams. The ideal candidate will be resourceful, comfortable working in an evolving environment with limited established processes, and skilled at creating structure where needed. Key Responsibilities
Asset Management: Independently maintain and update the asset register, ensuring all assets are accurately recorded and depreciated according to tax regulations Conduct regular audits of physical and intangible assets to verify their existence and condition Coordinate with the finance team to ensure proper capitalization and disposal of assets Develop and implement asset tracking processes and controls where gaps exist Lease Management: Independently oversee the administration of lease agreements, including renewals, terminations, and amendments Ensure compliance with lease accounting standards, specifically ASC 842, and tax regulations Analyze lease agreements to identify and optimize tax benefits Build relationships with landlords, lessors, and internal stakeholders to facilitate smooth lease operations Tax Compliance: Collaborate with internal tax team and external tax advisors to ensure all asset and lease-related transactions comply with local, state, and federal tax laws Prepare and review tax filings related to asset and lease management Stay current on changes in tax legislation and accounting standards that impact asset and lease management Proactively identify tax planning opportunities Financial Analysis and Reporting: Prepare regular reports on asset and lease performance, including financial metrics and tax implications Provide insights and recommendations to senior management based on financial analysis Support budgeting and forecasting processes related to asset and lease management Create and maintain documentation for processes and procedures Process Development: Identify opportunities to improve existing processes or create new ones where needed Research and recommend best practices for asset and lease management Work cross-functionally to implement solutions with minimal guidance Skills, Knowledge and Expertise
Required: Bachelor's degree in Accounting, Finance, Business Administration, or related field Minimum of 5 years of experience in asset management, lease management, or related financial operations Strong knowledge of tax regulations and financial reporting Experience with lease accounting standards (ASC 842 preferred) Demonstrated ability to work independently with minimal supervision Strong analytical, organizational, and communication skills Proficiency in accounting software and Microsoft Office Suite (advanced Excel skills required) Preferred: CPA, CMA, or equivalent certification Experience with both fixed asset and lease management (or strong experience in one area with willingness to learn the other) Background in tax accounting or corporate tax Experience with ERP systems (SAP, Oracle, NetSuite, etc.) Previous experience in a startup or growing company environment Experience building processes and procedures from the ground up Essential Traits: Self-directed and resourceful
- able to identify problems and create solutions independently Comfortable with ambiguity
- thrives in environments with evolving processes and limited structure Strong stakeholder management
- builds effective working relationships across departments Detail-oriented
with strong problem-solving abilities Adaptable
- comfortable wearing multiple hats and taking on varied responsibilities Excellent communication skills
- can explain complex concepts to non-technical stakeholders Strong project management skills
- able to manage multiple priorities and meet deadlines Continuous learner
- stays current with industry changes and seeks professional development About Continental Services
The Great Lakes Food & Beverage Leader Founded in 1989, Continental has grown from an office coffee and vending specialist to consistently ranking as one of the top events and contract dining and refreshment providers in the nation. Guided by industry leaders and powered by the largest collection of culinary talent in the Midwest, our award-winning team has a tireless commitment to high quality, innovative culinary offerings and unparalleled client and guest services. Our singular mission is to delight our guests, every meal, every day. It's no secret that food brings us together. A cup of coffee is a chance to meet someone new. A meal is an opportunity to collaborate. At Continental, developing experiences that connect people is at the heart of everything we do. Discover first-hand the passion of a full-service team committed to your vision and customizing services to support it. Micro-Markets
Food Delivery
Full-Service Dining
Innovative Vending
Office Coffee & Water
Pantry Services
Barista Bars
Catering
Premier Events Looking to grow your career on your terms? Get to know us more. Our Hiring Process
Stage 1: Applied Stage 2: Review Stage 3: Phone Interview Stage 4: Hiring Manager Interview Stage 5: 2nd Hiring Manager Interview Stage 6: Hired