Senior Lease Accountant
TMI Group
Job Summary
The Senior Lease Accountant facilitates lease payments, performs monthly recording and review of lease transactions, and serves as a liaison for landlord inquiries. This role works closely with the Real Estate Lease Administration team to maintain leases in Lucernex software, assists in ASC 842 implementation and ongoing accounting, and performs period-end journal entries, balance sheet reconciliations, and financial data reviews. They also support the AP team with lease payment processing.
Must Have
- Facilitate lease payments and perform monthly recording and review of lease transactions.
- Serve as a liaison for landlord inquiries related to lease payments.
- Maintain all leases in Lucernex lease administration and accounting software.
- Assist in the implementation and ongoing accounting under ASC 842.
- Perform period-end journal entries, balance sheet reconciliations, and financial data reviews using Lucernex.
- Assist the AP team with lease payment processing through Lucernex.
- Set up rent payment schedules and validate lease data.
- Review lease contracts and perform ASC 842 lease classification tests.
- Prepare journal entries and reconcile lease and property tax balance sheet accounts.
- Provide ad hoc reports and analysis.
- Work cross-functionally to ensure accuracy of lease activity.
- 2-4 years of lease accounting experience, preferably in public accounting or high growth restaurant/retail.
- Bachelor's degree in Accounting or related field.
- Detail-oriented, organized, able to manage multiple priorities.
- Self-driven, flexible, highly energetic with strong communication skills.
- Able to work effectively independently and collaboratively.
- Microsoft Proficient: Excel, PowerPoint, and Word.
Good to Have
- Experience with lease administration and accounting systems
- Workday and Lucernex experience
Job Description
Company Description
At Raising Cane’s Chicken Fingers®, we serve only the most craveable chicken finger meals – it’s our One Love! Known for our great Crew and cool Culture, we follow a Work Hard. Have Fun. philosophy. Raising Cane’s is the fastest-growing chicken concept around and is on track to be a Top 10 Restaurant Brand in the United States. Each Crewmember is important to our rapid growth and enduring success. Now is your chance to join the Team and Raise The Bar!
Job Description
The Senior Lease Accountant facilitates lease payments, performs monthly recording and review of lease transactions, and serves as a liaison for addressing landlord inquiries related to lease payments. This position works closely with the Real Estate Lease Administration team to maintain all leases in Lucernex (LX), our lease administration and accounting software. The role assists in the implementation of ASC 842 and supports ongoing accounting under this standard. They also use LX to perform period-end journal entries, balance sheet reconciliations, and financial data reviews, while assisting the AP team with lease payment processing through Lucernex.
Your Impact and Responsibilities:
- Set up rent payment schedules and straight-line/ASC 842 schedules for all new leases and validate lease data entered by the Lease Administration team
- Assist in the implementation of ASC 842, including updates to lease contracts in Lucernex
- Review lease contracts, perform and document ASC 842 lease classification tests on new and modified leases
- Prepare journal entries and reconcile lease and property tax balance sheet accounts, ensuring timely and accurate adjustments each period
- Provide ad hoc reports and analysis using strong business acumen to meet requests and objectives
- Work cross-functionally with Real Estate, Accounting, and AP teams to ensure accuracy of lease activity, including rent, property taxes, ROU assets and liabilities, and related accounts
Qualifications
Required Qualifications:
- 2-4 years of lease accounting experience, preferably in public accounting or within a high growth restaurant or retail environment
- Bachelor's degree in Accounting or related field
- Detail-oriented, organized, and able to manage multiple priorities
- Self-driven, flexible, and highly energetic with strong written and verbal communication skills
- Able to work effectively and efficiently both independently and collaboratively
- Microsoft Proficient: Excel, PowerPoint, and Word
Preferred Qualifications:
- Experience with lease administration and accounting systems
- Workday and Lucernex experience
Additional Information
All your information will be kept confidential according to EEO guidelines.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.