Staff Accountant

This position is primarily responsible for assisting the Lease Accounting Manager in evaluating new leases, amendments and modifications, researching changes in new accounting literature and ensuring the timely and accurate closing of lease related accounts each month.

Requirements

• Preparation of FAS 13 testing for new leases and renewals
• Research, apply, and implement changes in authoritative lease accounting guidance
• Perform lease by lease evaluation to ensure consistency in assumptions utilized across all relevant lease related accounting
• Review and streamline Lease Obligation schedules and various other rent schedules
• Account for FASB rent adjustments, gross leases, tenant incentives, favorable/unfavorable leases, and closed store reserves and prepare lease accounting related journal entries
• Assist with FAS 144 impairment testing
• Coordinate with fixed asset department to review and make corrections to leasehold improvement useful lives and landlord owned assets
• Provide support in preparation/completion of all SEC filings
• Perform various monthly/quarterly close procedures
• Research and summarize new accounting pronouncements
• Respond promptly and correctly to inquiries from internal and external auditors
• Maintaining SOX compliance
• Effectively communicate financial information to management of both finance team and operational areas
• Identify errors and/or trends in accounting data to improve accuracy, timeliness and general flow of accounting data