Senior Manager, Accounting

7-Eleven•Irving, TX

13d

About The Position

The Senior Manager, Lease Accounting leads all aspects of lease accounting and financial reporting under ASC 842, ensuring compliance with U.S. GAAP, internal policies, and regulatory requirements. The role owns the end-to-end accounting process for a large and complex lease portfolio, including accounting interpretation, month-end close, reporting, controls, audit support, and system governance. It also manages monthly U.S. GAAP-to-IFRS adjustments for reporting to the international parent company. The Senior Manager leads six direct reports and provides oversight and direction to a shared-service lease accounting team in India. The position partners closely with Real Estate, Legal, Finance, Internal Audit, IT, business stakeholders, and external auditors to support accurate reporting and operational excellence.

Requirements

Bachelor’s degree (four-year degree).
At least 8 years of relevant work experience.
At least 3 years of management experience.
Strong background managing lease accounting for a large-scale real estate lease portfolio.
Extensive knowledge of ASC 842 and U.S. GAAP.
Experience with a lease management software platform, such as Manhattan.
Experience with ERP and general ledger systems, such as Oracle.
Strategic thinking and problem-solving skills.
Leadership and talent development skills.
Cross-functional collaboration and influence skills.
Process improvement and continuous improvement mindset.

Nice To Haves

CPA certification or license.
Knowledge of IFRS 16.

Responsibilities

Own and oversee lease accounting activities under ASC 842 for real estate, equipment, vehicle, and other lease arrangements.
Maintain lease accounting adjustments from ASC 842 to IFRS 16 for reporting to the international parent company.
Ensure accurate accounting for lease commencements, modifications, reassessments, impairments, renewals, terminations, and sale-leaseback transactions.
Review journal entries, account reconciliations, and supporting documentation for month-end close.
Oversee preparation and review of ASC 842 and IFRS 16 disclosures for external financial statements.
Provide lease-related accounting guidance and reporting requirements for management and executive leadership.
Maintain and strengthen internal controls related to lease accounting processes.
Collaborate with Real Estate, Legal, and Finance teams throughout the lease lifecycle.
Partner with IT and business stakeholders on lease management system upgrades, integrations, and enhancements.
Serve as the primary contact for lease accounting inquiries from internal and external audit.
Directly manage two lease accounting professionals and four lease analysts.
Oversee the India-based lease accounting team, ensuring consistency, quality, efficiency, and adherence to service-level expectations.