Manager, Lease Accounting

Title: Leasing Accounting Manager Location: Dallas, TX - Hybrid Duration: Direct Hire Salary: $95K - $105KWork Requirements: US Citizen, GC Holders or Authorized to Work in the U.S.Job Summary: The Manager, Lease Accounting is responsible for the overall accounting for leases in accordance with the FASB's Accounting Standard Codification Topic 842 ( "ASC842 "). Managing the lease life accounting cycle of a portfolio spanning more than 1,200 leases partnering with numerous landlords and the ability to interpret complex lease terms across diverse agreements. Jointly directs, supervises, and reviews the work of an offshore lease accounting team and one onshore team member. The role reports directly to the Senior Manager, Property Accounting.What You'll DoServe as the company's ASC842 subject matter expert, overseeing lease classification,measurement, remeasurement, and disclosureManage the full lease lifecycle - New/Renewals/Modifications/MTM/Terminations with oversight of more than 1,200 leases across multiple statesSupervise and develop the team - One US based Sr Accountant and seven offshore team members (work US hours)Analyze and interpret lease agreements/amendments that includes base rent, percentage rent, breakpoint provisions, CAM reconciliations (expense CAPS/CPI adjustments), tenant improvement allowances and landlord reimbursementsOverall responsibility for timely payment of rent and related amounts due to landlords and researching landlord inquiriesEnsure accurate and timely lease-related journal entries within the lease system and OracleDirect monthly lease accounting processes that include rent billings, sales reporting, ASC842 calculations, variance reporting and landlord financial statement deliverablesOverall responsibility for timely and accurate lease-related balance sheet reconciliations, including lease rollforwards and the reconciliation of lease accounting tool information to the General LedgerSupport the financial reporting team in the preparation of quarterly and annual lease footnote disclosures in the consolidated financial statementsOversee preparation of SOX documentation and support external and internal auditsManage a consistently high volume of landlord communications each week; success in this role requires exceptional organization and follow-up disciplineContribute to annual budgeting and reforecasting providing lease-related drivers and analysisLead efforts to improve lease accounting processes and system efficienciesWhat You Bring to the TeamIndustry background in restaurant, retail, real estate, or hospitalityExperience working within public company environmentsProven expertise in ASC 842 lease accountingKnowledge of SOX compliance and internal control requirements5+ years of experience in commercial lease accounting or lease administrationInterpretation of complex legal lease provisions from multiple landlord agreementsLeadership experience managing both onshore and offshore teamsProficiency in Excel and experience working with large volumes of lease dataExperience with lease accounting systems & ERP platforms (Oracle is a plus)CPA preferred, but not required with strong technical lease accounting experienceStrong written and verbal communications skills and strong interpersonal skillsBenefits that support you: Competitive package with medical, dental, and vision coverage; life insurance; paid vacation and holidays; 401(k) with company match; Employee Assistance Program with counseling, financial, legal, and life resources; and Best You EDU, offering education programs and tuition reimbursement.About INSPYR Solutions Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs.INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.#J-18808-Ljbffr