Manager, Lease Accounting

Kontoor Brands•Greensboro, NC

14h

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 global leadership and process improvements for the company’s leasing activities. Its primary focus is general ledger work, 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 role has one direct report and works with accounting and facilities management personnel. The manager may also contribute to projects and perform other duties as requested.

Requirements

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

Nice To Haves

CPA preferred.
CoStar lease application experience preferred.

Responsibilities

Direct and manage the accuracy and completeness of all lease accounting activities in the general ledger.
Manage monthly lease accounting close processes, related reconciliations, reporting, and tracking.
Work cross-functionally with finance teams to support a smooth and timely monthly close.
Follow controls and procedures that ensure lease administration activities are properly recorded and maintained in the general ledger.
Recommend process improvements and changes to company policies and procedures as needed.
Manage lease transactions, including recording, changing, and updating asset records in a timely manner and in accordance with GAAP.
Coordinate with retail and corporate real estate teams and project managers to identify lease activity and place it in service on time.
Investigate and participate in testing for potential lease impairment.
Manage the CoStar application and maintain lease accounting compliance with ASC 842 standards.
Review, interpret, input, and analyze information in leases, amendments, and other legal documents.
Respond to audit inquiries in a timely manner.
Provide journal-entry review and approval, and backup for other core accounting functions as assigned.
Contribute to projects and perform other duties as assigned.