Manager, Lease Accounting

Overview

The organization is seeking a Lease Accounting Manager to serve as a key technical expert in ASC 842. This role supports accurate and timely reporting for a growing and complex lease portfolio, requiring deep technical accounting review and careful interpretation of lease arrangements.

You will report to the Senior Accounting Manager on the Lease Accounting team.

Responsibilities

• Review lease abstractions against new lease agreements and lease modifications to ensure accurate classification and recognition in accordance with ASC 842.
• Perform detailed accounting analysis of complex lease arrangements and unique scenarios beyond standard treatment, documenting conclusions and supporting analysis.
• Execute lease monthly close activities, including journal entries, account reconciliations, and flux analysis.
• Own lease financial reporting deliverables, including cash flows, rollforwards, and disclosures.
• Partner with Real Estate, Lease Administration, and other cross-functional teams to understand lease activity early and keep accounting accurate and timely.
• Proactively identify and lead process improvements and automation initiatives to reduce manual work and improve accuracy and efficiency.
• Maintain lease SOX controls and support internal and external audit requests.

Requirements

• Bachelor’s degree in Accounting (or related field) and/or equivalent work experience.
• 6+ years of accounting experience, including in-depth experience applying US GAAP lease accounting (ASC 842).
• Proven experience reviewing lease agreements, interpreting lease terms, and assessing financial implications to determine appropriate accounting treatment.
• Ownership mindset and proactiveness, including the ability to manage multiple deliverables and drive them through to completion within close timelines.
• Strong cross-functional partnership and communication skills.
• Close attention to detail and demonstrated problem-solving skills.

Compensation & Benefits

• Starting base pay will fall within the national base pay range within the United States (including Illinois and Colorado): $124,500—$183,000 USD.
• Equity grants: opportunities for equity grants are included; details are provided by the recruiter.
• Comprehensive benefits package for regular employees, including:
  • 401(k) plan with employer matching
  • 16 weeks of paid parental leave
  • Wellness benefits
  • Commuter benefits match
  • Paid time off and paid sick leave in compliance with applicable laws (e.g. Colorado Healthy Families and Workplaces Act)
  • Medical, dental, and vision benefits
  • 11 paid holidays
  • Disability and basic life insurance
  • Family-forming assistance
  • Mental health program (among others)
• Paid time off details:
  • For salaried roles: flexible paid time off/vacation, plus 80 hours of paid sick time per year
  • For hourly roles: vacation accrued at about 1 hour for every 25.97 hours worked (e.g., about 6.7 hours/month if working 40 hours/week; about 3.4 hours/month if working 20 hours/week) and paid sick time accrued at 1 hour for every 30 hours worked (e.g., about 5.8 hours/month if working 40 hours/week; about 2.9 hours/month if working 20 hours/week)

Location

This position has a national base pay range within the United States, including Illinois and Colorado.