PURPOSE OF THE ROLE As a Lease Accounting Consultant, you will work on diverse and strategic projects for clients, including Fortune 500 and pre-IPO organizations.
You will be responsible for accounting for leases, reviewing lease contracts and identifying embedded leases.
ATTRIBUTES OF CONSULTANTS WITH RGP Respect for people and opinions and confidently offer your point-of-view with clients and among colleagues A drive for proactively cultivating relationships with clients and colleagues Optimism when faced with challenges and complex situations, coupled with the drive to solve client issues Dedication to continuous improvement and development of your skillset and talents A strong personal identification with RGP’s values – loyalty, integrity, focus, enthusiasm, accountability and talent KEY RESPONSIBILITIES OF THE ROLE Ensure quality information is available for reporting to assist with compliance with regulatory reporting requirements to include lease commitment and financial statement reporting Ensure real estate property leased assets and liabilities are properly classified, analyzed, calculated and reported in financial statements per the new FASB and IASB lease accounting standards for reporting, presentation, and disclosure requirements Manage accounting components of the lease portfolio, such as extensions, amendments, or terminations, through lease administration software, and calculate intangible asset amortization and capitalized overhead Assist in adoption of new lease accounting guidance (ASC 842) and assess and report the retrospective impacts on the company’s financial statements Prepare lease schedules (e.g., minimum rent, future obligation, etc.) for company’s 10-Q & 10-K disclosures, prepare periodic lease accounting journal entries on rent payments and expenses, prepaid rents, deferred rents, tenant incentive accruals, etc.
via lease administration software, and records journal entries to company’s ERP system DESIRED EXPERIENCE AND REQUIREMENTS Bachelor’s Degree in Finance or Accounting required MBA preferred CPA preferred 5-plus years mid to senior level transactional accounting experience, with strong knowledge of Generally Accepted Accounting Principles (GAAP) and SEC reporting experience Advanced Excel skills and large ERP, lease administration software, and general ledger accounting experience Excellent written and verbal communication, interpersonal, and relationship building, strong client service, time management, and project delivery skills