Manager, Lease Accounting

Kontoor Brands, Inc. • Greensboro, NC

2d

About The Position

The Manager, Lease Accounting directs and manages global accounting activities related to recording lease activity in the general ledger. This centralized role provides leadership and drives process improvements for the company’s leasing activities. The position focuses primarily on general ledger duties, including managing the CoStar lease accounting application and SAP S4 systems, reviewing and approving journal entries, responding to audit inquiries, and providing backup for other core accounting functions as assigned. The manager has one direct report and works with accounting and facilities management personnel. The role may also contribute to projects and perform other duties as requested.

Requirements

• 10+ years of accounting experience.
• Bachelor’s degree in Accounting or Finance.
• Advanced Excel skills, advanced PC skills, and systems knowledge.
• Strong oral and written communication skills.
• Excellent organizational skills.
• Excellent leadership and relationship-building skills, including the ability to build trust with stakeholders.
• Strong analytical and problem-solving skills.
• Ability to handle multiple tasks in a dynamic environment.
• Ability to work independently and collaboratively.
• Integrity.
• Ability to work extended hours when necessary.
• Positive attitude.

Nice To Haves

• CPA preferred.
• CoStar lease application experience preferred.

Responsibilities

• Direct and manage the accuracy and completeness of all lease accounting activities recorded in the general ledger.
• Manage monthly lease accounting close processes, related reconciliations, reporting, and tracking.
• Build relationships and collaborate with other finance functions to support a smooth, timely monthly close.
• Follow controls and procedures for recording and maintaining lease administration activities in the general ledger.
• Recommend process improvements and changes to company policies and procedures as appropriate.
• Manage lease transactions, including recording, changing, and updating asset records accurately, promptly, and in accordance with GAAP.
• Work with retail and corporate real estate teams and project managers to identify lease activity and place it in service promptly.
• Investigate and participate in testing for potential lease impairment.
• Manage the CoStar application and maintain compliance with ASC 842 standards.
• Review, interpret, input, and analyze information in leases, amendments, and other legal documents.
• Respond to audit inquiries promptly.
• Review and approve journal entries.
• Provide backup for other core accounting functions as assigned.
• Participate in projects and perform other duties as requested.
• Lead one direct report and liaise with accounting and facilities management personnel.

Benefits

• Comprehensive benefits package with choice and flexibility to support employees and their families.
• Resources supporting physical, emotional, social, and financial wellbeing.
• Discounts on company apparel.
• Four weeks of Paid Parental Leave for eligible employees who are new parents.
• Flexible Fridays.
• Tuition Reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager