Sr Accountant - Lease Accounting

The Wendy's Company•Columbus, OH

3d•$74,000 - $126,000•Onsite

About The Position

The Senior Accountant, Lease Accounting will be responsible for determining the proper accounting treatment in accordance with GAAP for real estate, equipment, automotive, and other leases, and to ensure all necessary related journal entries (when applicable) are recorded accurately. They will be responsible for compiling and analyzing the lease related financial statement disclosure information to be reported in our SEC filings, ensuring timely completion in accordance with established deadlines. The Senior Accountant will also be responsible for the budgeting and forecasting of multiple lease related expense and income accounts. In addition, the Senior Accountant will participate in researching and documenting technical accounting analyses of complex real estate and lease related transactions and monitoring and implementing updates to the Lease Accounting Standard (ASC 842).

Requirements

Bachelors Degree in Accounting required
2-3+ years industry in the area of real estate, leases, etc.
ASC 842 experience and knowledge
Strong analytical skills, written and verbal communication skills, and knowledge of Microsoft Excel & Word.
Experience utilizing T-Value software and having Oracle knowledge.

Nice To Haves

CPA or CPA candidate preferred
1+ years public accounting preferred

Responsibilities

In coordination with other members of the Lease Accounting team, analyze and account for new leases, lease amendments, renewals, and other lease modifications in accordance with GAAP. As a subject matter expert in the area, complete more complex analysis and transactions and support/evaluate work of other team members.
Become and remain the subject matter expert on the Lease Standard (ASC 842), including: Research, interpret, and document technical accounting analyses of complex real estate and lease related transactions through comprehensive memos that can be used to impact strategic business decisions. Monitor and implement updates to the Lease Accounting Standard (ASC 842).
Prepare the budget and forecast files. Analyze the outcomes to ensure accuracy and provide comprehensive variance explanations for material changes. This includes partnering with cross functional groups (Portfolio Management) to track upcoming new and modified leases which need to be incorporated into the forecast.
Prepare and analyze footnotes related to leases to be included in the company’s quarterly and annual SEC filings. Perform analysis on the footnotes to help support the story behind material changes quarter over quarter.
Reconcile the general ledger to the subledger for lease related assets and liabilities