SENIOR LEASE ACCOUNTANT (CAPITAL PLANNING, AND POLICY)

Cook County • Chicago, IL

23h • Hybrid

About The Position

Handle the comprehensive accounting lifecycle for real estate and asset leases, ensuring compliance with Accounting Standards Codification (ASC) Topic 842 standards. Serve as a functional expert for lease data integrity and lease accounting accuracy. Perform complex reconciliations, supports month-end close processes, and collaborates with legal and real estate departments to ensure strategic financial reporting and audit readiness. Oversee the administration of diverse agreements including license and public way agreements to ensure the accuracy of assets and lease liabilities. Recommend enhancements to internal controls and lease accounting procedures to mitigate financial risk and streamline multi-departmental workflows.

Requirements

• Graduation from an accredited college or university with a Bachelor's Degree or higher in Accounting, Finance, or a directly related field is required.
• Four (4) years of experience in lease accounting, real estate accounting, or directly related experience is required, or
• An equivalent combination of education and/or experience is required.
• Knowledge of US GAAP and specific mastery of ASC 842 lease accounting standards and financial reporting requirements.
• Ability to identify errors, inconsistencies, and non-compliance with applicable accounting standards and internal controls.
• Skill in utilizing lease administration software (e.g., CoStar, Tririga) and advanced Excel functions for data modeling and reporting.
• Ability to evaluate the effectiveness of existing financial systems/procedures and recommend strategic process improvements.
• Ability to organize and lead projects involving financial system transitions, reporting activities, and data migrations.
• Skill to effectively collaborate with legal, real estate, and government revenue departments.
• Ability to maintain rigorous control over accounting processes to ensure data integrity and compliance with regulatory standards.
• Knowledge in tracking complex lease terms, escalations, and multi-location portfolio documentation.

Responsibilities

• Handle the comprehensive accounting lifecycle for real estate and asset leases, ensuring compliance with Accounting Standards Codification (ASC) Topic 842 standards.
• Serve as a functional expert for lease data integrity and lease accounting accuracy.
• Perform complex reconciliations, supports month-end close processes
• Collaborates with legal and real estate departments to ensure strategic financial reporting and audit readiness.
• Oversee the administration of diverse agreements including license and public way agreements to ensure the accuracy of assets and lease liabilities.
• Recommend enhancements to internal controls and lease accounting procedures to mitigate financial risk and streamline multi-departmental workflows.

Benefits

• Medical, Dental, and Vision
• Basic Term Life Insurance
• Pension Plan
• Deferred Compensation Program
• Employee Assistance Program
• Paid Holidays, Vacation, and Sick Time
• Voluntary Benefits
• You May Qualify for the Public Service Loan Forgiveness Program (PSLF)
• For eligible employees the County has a hybrid work environment which allows employees telecommuting and flexible scheduling options.

What This Job Offers

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