Lease Accounting Resume Sample

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Noelia Torphy
179 Nicolas Squares,  Boston, MA
+1 (555) 959 4553

Work Experience


Manager, Global Lease Accounting
04/2016 - PRESENT
Los Angeles, CA
  • Identify financial statement risks and independently research through engagement with key business partners to develop proposed solutions
  • Experience in accounting at a professional level, including journal entries, account reconciliation, reporting and analysis or equivalent experience (2+ years)
  • Be seen as subject matter expert on Lease Accounting to leadership around the company
  • Serve customers in business finance, manufacturing finance, treasury, sourcing etc… being a single point of reference for questions pertaining to lease accounting at Owens Corning
  • Partner with Internal Controls to deploy and execute new controls associated with lease accounting
  • Partner with Global Real Estate Sourcing on real estate leases and Finance COE on master data maintenance
  • Own SEC Lease Disclosures
Lease Accounting Analyst
10/2010 - 01/2016
Boston, MA
  • Manage workload and priorities
  • Position works cross functionally with the Property Accounting, Accounting Integration, Real Estate and Legal teams on a routine basis to review lease agreements, establish lease payment and reporting protocol, and document lease processes
  • Positon is responsible for managing key controls associated with lease accounting as well as maintaining associated SOX narratives and workflows
  • Supervises the work and performance of staff responsible for providing lease administration services
  • Establishes and maintains strong working relationships with clients, their landlords and tenants
  • Establishes processes and controls to ensure database lease files are accurate, up-to-date and of institutional quality
  • Reviews monthly, quarterly and ad hoc reports for accuracy and timeliness
  • CoStar Lease system Global Subject Matter Expert
  • Lease Accounting Standards adoption, compliance and ownership from a systems perspective
Lease Accounting Summer Intern
12/2005 - 07/2010
Boston, MA
  • Manage the Lease Department and the implementation of lease accounting ASC 842
  • Function as the Company’s in house subject matter expert on all lease accounting matters
  • Advanced experience with Accounting for complex lease agreements
  • Hire the right talent and build and manage a team
  • Processes utility invoices, rent vendor changes and gross sales requests. Reviews and validates Estoppels and SNDA ’s
  • Communicate and develop your staff to support their career growth
  • Communicate the big picture to staff to ensure an understanding of how Lease Accounting data impacts other aspects of the company

Education


University of Phoenix in Walker - West Michigan Campus
2000 - 2004
Bachelor's Degree in Accounting

Professional Skills


  • Strong accounting experience and proven analytical skills
  • Strong Microsoft office skills. Prior experience with SAP and real estate management systems desirable
  • Strong computer skills including Excel, Word, and PowerPoint; working knowledge of SAP an asset
  • Strong analytical skills in reviewing trend data and exception recognition
  • Excellent PC skills including Microsoft Office products, Yardi and related software
  • Strong communication skills – both interpersonal and written
  • Strong attention to detail, analytical skills and initiative with the ability to adhere to month-end close timeline

How to write Lease Accounting Resume

Lease Accounting role is responsible for analytical, sap, training, finance, database, security, accounting, bookkeeping, reporting, design.
To write great resume for lease accounting job, your resume must include:

  • Your contact information
  • Work experience
  • Education
  • Skill listing

Contact Information For Lease Accounting Resume

The section contact information is important in your lease accounting resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:

  • First and last name
  • Email
  • Telephone number

Work Experience in Your Lease Accounting Resume

The section work experience is an essential part of your lease accounting resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous lease accounting responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular lease accounting position you're applying to. The work experience section should be the detailed summary of your latest 3 or 4 positions. Representative Lease Accounting resume experience can include:

  • Accounting research skills and knowledge
  • Experience: 5-8 years in public accounting or large company environment with a strong technical accounting background
  • Strong experience creating and analyzing large amounts of data
  • Effectively communicate to internal stakeholders regarding any allocations related to their business units
  • Prior experience in leasing software (e.g. Lease Harbor, Lease Accelerator)
  • Strong experience with technical accounting research

Education on a Lease Accounting Resume

Make sure to make education a priority on your lease accounting resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your lease accounting experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.

Additional details to include:

  • School you graduated from
  • Major/ minor
  • Year of graduation
  • Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.

Professional Skills in Lease Accounting Resume

When listing skills on your lease accounting resume, remember always to be honest about your level of ability. Include the Skills section after experience. Present the most important skills in your resume, there's a list of typical lease accounting skills:

  • Can effectively handle several problems/tasks as once and function effectively under pressure
  • Ability of understanding customer requirements and prioritizing effectively activities
  • Effectively handle pressures and demands from multiple customers and competing priorities
  • Highly motivated with demonstrated leadership skills
  • Effective oral communications skills; ability to express ideas and summarize conversations
  • Strong verbal and written communication skills with the ability to communicate to al levels of the organization

List of Typical Experience For a Lease Accounting Resume

1

Experience For Lease Accounting Analyst Resume

  • Partnering with internal and external auditors in relation to the CoStar Lease system and the updates required to ensure FASB/SEC lease accounting and disclosure compliance
  • Prior experience in F&C
  • Develop and manage proper control environment to support the effective financial reporting of leases in accordance with US GAAP
  • Prioritize tasks and handle multiple assignments concurrently
  • Strong attention to detail; timeliness and accuracy is imperative
  • Exceptional client service mentality and strong work ethic
  • Experience in multicultural/varied nationality environment
  • Experience within a network organization (internal and external providers)
  • Reporting and communication across all levels of the Finance Community, including Corporate CFO and Corporate Controller
2

Experience For Manager, Global Lease Accounting Resume

  • Prepare monthly and variable rent rolls using the Lease Administration and/or accounting software for review by real estate and finance team
  • Proficiency in Excel (pivot tables and formulas) and Access other Microsoft Offic products including SAP
  • Manage in the implementation of a new Lease Accounting application that supports the company’s global operations
  • Analyze CAM, operating expenses, annual percent rent and tenant improvement reconciliations; investigate and resolve issues timely
  • Initiate dispute for suspected billing errors
  • Simulates lease change impact and provide expertise on leasing scenarios
  • Participate in Ad Hoc projects as the Lease Accounting functional expert
  • Assist the Lease Manager in providing support to the business
  • Advanced understanding of ERP system sub modules
3

Experience For Lease Accounting Manager Resume

  • Perform data audits of lease accounting related information. Report audit findings, along with recommended actions to the real estate team
  • Maintains and coordinates implementation of accounting control and procedures
  • Management of ad-hoc projects
  • Balance sheet reconciliations as related to Ralph Lauren
  • Proficiency in CoStar Lease system
  • Analyze and interpret lease agreement provisions in the context of compliance with FASB lease standards
  • Subject matter expert with the CoStar Lease system
4

Experience For Global Lease Accounting Senior Accountant Resume

  • Read leases and validate all new store information in the least payment files and lease information files maintained in Lawson, Virtual Premise, Access and Excel
  • Validate accuracy of year-end tax, insurance, common area maintenance and utility adjustment billings from landlords as well as monthly statements showing any balance past due
  • Communicate with landlords accounting and bookkeeping departments as well as the Mall or Property Managers on issues regarding lease related payments
  • Read and interpret business contracts for leasing arrangements
  • Assist with the implementation of lease accounting software
  • Work with business partners for lease transactions
5

Experience For Analyst, Lease Accounting & Fixed Assets Resume

  • Perform fluctuation analysis for financial statement accounts
  • Manage lease accounting requirements pursuant to ASC 840/FAS13 for approximately 300 real estate leases and equipment leases. Includes both operating and capital leases
  • Assess capital vs. operating treatment for all new leases
  • Responsible for sale-leaseback accounting entries
  • Prepare monthly deferred rent calculations, and post entries
  • Prepare quarterly and annual financial statement disclosures
  • Collaborate and interact with internal departments and external financial statement auditors
6

Experience For Lease Accounting Summer Intern Resume

  • Coordinate with Legal and Lease Administration regarding new and modified leases for Lease Accounting Group planning purposes (scheduling workflow effectively, requesting third party valuations of properties when necessary)
  • Prepare certain footnotes related to leases to be included in the company’s quarter and yearly SEC filings
  • Assist in researching and interpreting accounting literature to determine the appropriate accounting treatment for various lease issues that arise and to write effective memos on these issues to help facilitate communication with outside parties
  • Work with all other groups within the organization (i.e. FPA, Fixed Asset Group, Corporate Accounting) to ensure all residual lease transactions (i.e. closed store reserves) are properly accounted for and in the correct periods
  • Work closely with internal and external auditors regarding the Company's accounting for leases, including acquisitions and dispositions
7

Experience For Fixed Asset & Lease Accounting Manager Resume

  • Perform ad-hoc projects and analysis to help support certain decisions, issues, and to assist in other group's goals and tasks
  • Communicate necessary lease-related accounting adjustments to other groups and coordinate with other groups (such as Property Accounting and Fixed Assets) for a timely flow of information
  • Support the team in the analysis of assessment of current leases in US GAAP and leases under new IFRS guidance
  • Generate the appropriate journal entries to account for the leases under the new regulation
  • Support month end close process and variance analysis
  • Generate monthly and quarterly variance reports
8

Experience For Lease Accounting Specialist Resume

  • Partner with various regional Finance and Operations teams to adequately evaluate new agreements ensuring the identification of both explicit and embedded leases and related assets
  • Assist with the periodic maintenance of the Lease Accounting software environment
  • Support the company’s quarterly and annual SEC reporting and associated external Audit requirements
  • Perform other accounting task as assigned
  • Prepare monthly adjusting calculations, prepare and post entries
  • Review and assess capital vs. operating treatment for all new leases
  • Participate in the implementation of the new lease accounting guidance ASC 842
9

Experience For Business Process Expert Lease Accounting Resume

  • Assist in preparing quarterly and annual financial statement disclosures
  • Train partners outside of immediate team on basic lease accounting related topics
  • Coordinates with Real Estate and assists in the interpretation of leases that impact the recording and payment of lease rent and executory costs.
  • Adhere to the Owens Corning safety policies at all times
  • Deploy and Integrate newly created Lease Center of Excellence and Lease Accounting Processes
10

Experience For GIF Lease Accounting Manager Resume

  • Support configuration and testing of financial bookings to local SAP financial systems
  • Prepare manual journal entries to record Lessor accounting impact
  • Monitor periodically changes to the lease portfolio to ensure completeness and timely renewal/retirement of expired leases
  • Perform periodic contract reviews
  • Assist on various projects as assigned
  • Prepare monthly reconciliations for each of the assigned general ledger accounts

List of Typical Skills For a Lease Accounting Resume

1

Skills For Lease Accounting Analyst Resume

  • Strong experience with reporting and variance analysis
  • Prior lease accounting experience desirable
  • Team player and the ability to effectively communicate with all levels of staff and management
  • Work effectively across all organizational levels, where flexibility, collaboration, and adaptability are important
  • Work effectively across all organizational levels, where flexibility, collaboration, and adaptability are critical
  • Accounting research and/or reporting experience
  • Strong understanding of accounting theory and application of U.S. Generally Accepted Accounting Principles
  • Experience utilizing leading ERP software (e.g., Oracle, PeopleSoft, SAP)
2

Skills For Manager, Global Lease Accounting Resume

  • Timely and accurate data entry, validation and management of lease related accounting/finance account entries and ensures correct coding
  • Strong understanding of practical accounting concepts with the ability to reconcile lease related general ledger accounts
  • Previous experience accounting for leases and financial system implementations
  • Experience in ASC840 Lease Accounting
  • Professional experience in property accounting, real estate/asset management, lease administration, or property management
3

Skills For Lease Accounting Manager Resume

  • Experience Lease Accounting Management
  • GL accounting experience
  • Mid-level to Senior Level transactional accounting experience for high value assets
  • Proven success in working under daily and monthly deadlines
  • Sox experience/ working with Audit
  • General ledger accounting experience
  • Financial Analysis experience
  • Detail oriented, self-motivated, and ability to properly prioritize
  • Large ERP experience, preferably SAP
4

Skills For Global Lease Accounting Senior Accountant Resume

  • Process documentation and/or SOX controls documentation experience
  • Understanding of Leasing Industry and Lease Accounting (ASC 842)
  • Collecting LOA's (contract agreement)
  • Creating asset in the Fixed asset register
  • Accounting knowledge/Fixed Assets
  • Working knowledge of a Lease Administration system (AMT, CoStar, etc.)
  • Maintaining organized and complete files and documentation
5

Skills For Analyst, Lease Accounting & Fixed Assets Resume

  • Working with large volumes of data
  • Preparing Month end close
  • Perform forecasting, understanding the forecast drivers and fluctuations and assisting with the annual budgeting process
  • Global readiness for upcoming FASB lease accounting and reporting project
  • Manage monthly reporting and review of lease portfolio identifying potential changes warranting further investigation with Regional teams
  • Become an expert in Starbucks lease accounting and reporting systems to support regular reporting deliverables and other ad hoc requests
  • Execute Lease Accounting processes (lease planning, initiation, period end close, support, training and system administration)
  • Provide training and leadership to Rent Specialists for revenue posting
  • Support team in reporting leases during the parallel run of the new standard
6

Skills For Lease Accounting Summer Intern Resume

  • Ensure Sarbanes-Oxley control compliance by performing periodic testing procedures
  • Manage lease accounting requirements pursuant to ASC 840 for approximately 300 real estate and equipment leases. Includes both operating and capital leases
  • Prepare month-end and quarter-end P&L analytics for occupancy to support month end reporting and SEC filings, including quarterly earnings release
  • Assist with answering questions that come into the lease accounting email inbox
  • Support the testing and evaluation of relate financial bookings resulting from Amana GLC
7

Skills For Fixed Asset & Lease Accounting Manager Resume

  • Assist the lease Manager in establishing the lease service catalog in Costing CoC
  • Deliver lease accounting and system training to market users
  • Self-Training on leasing guidelines and tools
  • Proficient with excel- seeking a problem solver with high attention to detail
  • Manage revenue posting for completeness and accuracy
8

Skills For Lease Accounting Specialist Resume

  • Review A/R Analytics Reports and coordinate with Rent Specialists on outstanding receivables, ledger corrections, collection memos
  • Adapt to a changing and fast-paced work environment
  • Internal Posting Dates: 9/21 - 10/4
  • Internal Posting Dates: 1/22 - 2/2
  • Knowledge of computer and accounting software
  • Expert knowledge of related Generally Accepted Accounting Principles and IFRS especially ASC 840, 842, FAS 91, FAS 52
  • Understand FX impact (transactional vs. functional vs. reporting currency)
  • Lease research within technical accounting items
  • GAAP knowledge. Knowledge of computer and accounting software
9

Skills For Business Process Expert Lease Accounting Resume

  • Develop and implement a system for Lease Accounting
  • Thorough knowledge and understanding of US GAAP principles and internal control environments
  • Lead implementation of new lease accounting guidance
  • Liaison with WPR, IT, Corporate Accounting with execution
  • Key player in ensuring policy compliance of leases
  • GL accounting knowledge required
10

Skills For GIF Lease Accounting Manager Resume

  • Empower others by delegating responsibilities and authority
  • Ensure monthly closing procedures are performed and associated accounts are reconciled
  • Assists with the design of reports utilizing a variety of software tools
  • Perform general ledger month-end close activities including: perform & review journal entries, accruals, variance analysis, and account reconciliations
  • Understand the accounting for lease transactions in accordance with ASC 842 - Leases
  • Understand the Company’s financial reporting systems

List of Typical Responsibilities For a Lease Accounting Resume

1

Responsibilities For Lease Accounting Analyst Resume

  • High-volume Lease Analyst/Property Accountant experience
  • Ensure all related SOX process control activities are followed and documentation updated as needed
  • Produces financial statements and other reports and reviews for accuracy. Prepares accurate and timely financial reports for assigned business unit(s) or department(s) to support company accounting, reporting and corecasting cycles. Performs trend analysis
  • Verify accuracy and validity of all activity on the monthly rent run. Ensure all changes are compliant with lease terms, and are input completely and accurately in Oracle
  • Approve payments to Landlords for reconciliations of triple-net expenses and verify billing is compliant with lease terms. Approve all adjustments to current rent batch including scheduled payments for new and renewing stores and all escrow changes
2

Responsibilities For Manager, Global Lease Accounting Resume

  • Review and approve rent related journal entries and account reconciliations
  • Manages special projects to include the development of ad-hoc reports, perform special analysis, and complete various projects to support Executive Management
  • Manage, identify, and ensure all financial risks are mitigated and compliant with SOX requirements. Additionally ensure process narrative documentation is current and accurately describes the process. Prepares annual schedules for lease Obligations for the Form 10K
  • Reviews and approves daily and monthly journal entries for leasing transactions. Approves purchases of equipment for lease and payments to vendors. Prepares reports for business unit managers
  • Prepare, evaluate, and enter data of low value, right of use, and short term contracts into the lease database system
  • Support external audit procedures related to adoption of new standard
3

Responsibilities For Lease Accounting Manager Resume

  • Oversee the preparation of monthly financial reporting review packages, validate fluctuation analysis prepared by Accounting Services personnel, and ensure the integrity of the chart of accounts
  • Manage year-end, quarterly closing and audit requirements for the Canadian and US entities, compile VWAG balance sheet meeting detail and support, and liaise with VW Group Accounting to ensure adherence to the VW IFRS Accounting Handbook
  • Perform documentation and testing of Accounting Services’ internal controls over financial reporting framework, assess design and operating effectiveness of key controls, and act to remediate deficiencies where necessary
  • Support Fixed Asset Accountant in analyzing construction in process projects for compliance and capitalize complete projects in accordance with the VW IFRS Accounting Handbook
  • Work with Controlling to identify misstatements in recognized expenses
  • Ensure timely and accurate review and reconciliations of specific GL Accounts
  • Support and provide back-up to Fixed Asset Accountant
  • Review and properly interpret lease language to support administration of the lease
  • Maintain positive landlord and third-party administrator relationships, acting as primary contact for all lease accounting issues. Respond to telephone calls and/or e-mails externally with landlords, and internally with Real Estate Services, Legal, Payables, and Financial Accounting regarding all lease accounting matters
4

Responsibilities For Global Lease Accounting Senior Accountant Resume

  • Maintain prepaid rent, deferred rent, lease termination, and lease incentive accrual schedules
  • Work independently or with a team in a fast-paced environment
  • Manage time and stress levels efficiently and professionally
  • Analyze processes or problems and suggest improvements or resolutions
  • First level support to markets when it comes to lease standards and tool
  • Responsible for full compliance to IFRS16
  • Execution of all necessary reconciliation and checks to ensure quality of data provided with agreed timelines
  • Provide assistance to the business/functional controllers and lead their respective business review meetings
  • Contribute to implementation of new functionalities, tools and solutions
5

Responsibilities For Analyst, Lease Accounting & Fixed Assets Resume

  • Enter and maintain data in Lease system based on market information
  • Can assimilate and understand complex system processes and give clear guidance on the financial treatment of leases
  • Variance analysis in accordance with GAAP, IFRS and DT policies and procedures
  • Farm large amounts of data and work with analytics
  • Advanced proficiency in Microsoft Office (Word, Excel, and Outlook) with the capability to master company specific accounting, and lease administration or other database programs
  • Knowledge of Internal Revenue Code: To analyze and account for new leases, lease amendments, renewals, and other lease modifications in accordance with GAAP
6

Responsibilities For Lease Accounting Summer Intern Resume

  • Strong knowledge in all MS Office applications, particularly in Excel, including the ability to perform pivot tables, VLOOKUP and high-level functions and formulas
  • Understand consolidation reporting requirements
  • : High-volume Lease Analyst/Property Accountant experience
  • Experienced CPA/Lease Accountant
  • Heavy reconciliation experience
  • Heavy CAM and Tax experience
  • Knowledge in ASC 840 and ASC 842 accounting requirements
7

Responsibilities For Fixed Asset & Lease Accounting Manager Resume

  • Multi-level marketing knowledge helpful
  • Proficiency in the use of software applications, databases, research tools and Excel spreadsheets is required
  • Proficiency in the use of software applications, databases, research tools and Excel spreadsheets
  • Related accounting experience, including documentation of processes and dissection of complex issues and processes to identify risks and process improvements
  • Able to lead and manage a team of Senior accountants
  • Leverage Data analysis to make business decisions
  • Assist to ensure AB financial obligations are accurate and that monthly rents are processed in a timely manner. Prepare, process and reconcile AR & AP transactions to ensure accurate and current lease information is maintained
8

Responsibilities For Lease Accounting Specialist Resume

  • Review monthly statements from landlords, often in conjunction with respective facilities management personnel. Research and resolve any discrepancies to reconcile the account. Prepare an escrow change form to adjust monthly payment amounts and process check requests as necessary
  • Prepares invoices for subtenants, reconciles subtenant accounts
  • Stay informed of current internal practices and guidelines, including straight line rules, master lease governance, and commencement date determination, to administer lease documents appropriately in lease administration system
  • Prepare and track cost savings that resulted from review of invoices/desktop audits
  • Assists in resolving issues for internal clients and team members by researching and gathering information about payment transactions, lease financial terms and other relevant items as requested
  • Support review of annual landlord reconciliation statements and real estate tax calculations to ensure accuracy and lease compliance and monitors audit windows and audit requirements contained in the lease documents
  • Technical experience required
9

Responsibilities For Business Process Expert Lease Accounting Resume

  • Engage and influence multi-level staff up to executive management
  • Train and lead change management
  • Take initiative and lead subordinates with minimal supervision
  • Ensures own work and work of others is complete and accurate; sets up procedures to ensure high quality and monitors
  • Aspiration to grow within the company
10

Responsibilities For GIF Lease Accounting Manager Resume

  • In the commercial real estate industry
  • Assist with reconciliations as needed
  • Local Relocation Assistance Provided
  • Balance sheet reconciliations,
  • Involved in Financial Audit
  • Ensure accounting/finance data related to leased portfolio and any other properties relevant to AB’s operations and stakeholders is accurate and up-to-date
  • Review invoices in conjunction with lease requirements and ensure back-up documentation is in place and all calculations are correct; review findings with Real Estate and Lease Administration team in the event invoices amounts are incorrect and require resolution with Landlord/Tenant/Subtenant
  • Support year-end close
  • Responsible for the management of vendors for lease accounting software platforms. Tests systems during minor and major upgrades to verify functionality and accuracy. Also responsible for maintaining accounting system files, including but not limited to, terminations and changes to lease contracts and associated assets. Reviews lease documents on terminations and computes casualty losses

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