The Team The Senior Manager, Tenant Lease Accounting ensures all finance activities related to the company’s tenant leases for an assigned region and/or market portfolio are prioritized and executed accurately, timely, and efficiently. This includes lease abstraction, systems interfaces, and financial reporting/ accounting in compliance with GAAP (U.S. GAAP and IFRS as appropriate), the company's accounting policies, and any relevant debt indenture requirements. Leading a global team of lease abstractors and accounting professionals, the Senior Manager partners closely with the region/market finance, business enablement, corporate accounting, legal, internal and external auditors and local business teams to abstract a high volume of lease billing lines each month- representing over 90% of the region’s revenue transactions. The role serves as a trusted advisor on lease transactions and complex deal structures, resolves issues within the lease portfolio, designs and SOX and financial controls for lease processes, and accounts for monthly cash and straight-line revenue for assigned regions/markets. Responsibilities include ensuring leases abstraction meets financial reporting requirements amid system variability and complexity; analyzing and explaining variances versus prior month, forecast, and budget; validating the existence and completeness of total revenue; and reconciling differences with local teams and FP&A. The Senior Manager partners with corporate accounting to interpret accounting for new or modified agreements in each market; prepares/ reviews tenant revenue disclosures (cash and straight line) for audited financial statements/SEC lease disclosures and unaudited legal entity statements required by debt indentures and supports periodic compliance and local statutory requirements. the Senior Manager builds strong cross-functional partnerships, leads, develops, and motivates a global team. They bring a deep expertise in lease abstraction processes, accounting systems, GAAP principles, and financial reporting for one of the company’s most significant revenue streams, and maintain detailed familiarity with key contracts, system limitations, SOX/ financial controls, and commercial practices to ensure full compliance in reporting ground lease expenses, assets, and obligations.
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Job Type
Full-time
Career Level
Mid Level