The ideal
Senior Analyst Lease Accounting (SALA) candidate has prior lease accounting experience under ASC 842 and IFRS 16. The SALA will be responsible for tasks ranging from
- New client implementations of our SaaS application, including consultations on design, configuration, data migration/onboarding, workflow, and training on how to get started and use the application.
- Helping live clients make optimal use of the software to meet their enterprise lease accounting, financial and operational reporting, and lease management needs.
- Responding to client questions and concerns, and support tickets regarding usage of the application, with particular emphasis on lease accounting journal entries and accounting reports, including technical deep dives.
- Analyzing and documenting software defects, regressions, product limitations and potential enhancements. Working with Product and Engineering teams to prioritize tickets and document requirements based on a thorough understanding of client needs.
- Helping clients work around product defects and limitations, while waiting for them to be addressed. - Collaborating with internal teams and partners, and with client user teams, to promote best practices.
- When new code is developed and ready to be deployed, the SALA will work with clients and internal resources, to ensure that the new release meets client expectations and is free of material defects and/or regressions.
- Contributing to updates and enhancements to the product documentation and training curriculum.
- Reviewing existing implementation protocols and making suggestions to streamline them.
- Assisting Solutions Consultants and sales and marketing teams in answering technical questions from prospects and helping refine sales and marketing communications.
LeaseAccelerator manages both equipment and real estate leases. The SALA will act as a Subject Matter Expert with respect to the features and functions and related accounting to support both lease genres. If there is limited experience in one of these areas, the SALA must demonstrate a strong willingness to learn the other. For real estate, this would include understanding the specific nuances of the lease accounting standards as they relate to asset types typically considered as part of a real estate portfolio (land, buildings, cell towers and such) as well as related components, such as tenant allowances, leasehold improvements, CAMS charges, other related expenses etc. Desired Attributes:
- Bachelor’s degree with specialization in accounting, or equivalent academic qualification.
- High level of proficiency in Excel and working with Excel functions and pivot tables.
- Prior experience in implementing and/or working with enterprise lease accounting software from a lessee perspective.
- Understands accounting and disclosure requirements under ASC 840, IAS 17, ASC 842 and IFRS 16 for the various types of lease classifications.
- Understands how to prepare and explain monthly journal entries, prepare monthly roll forward reports, quarterly maturity schedules, and monthly account reconciliation.
- Understands how to gather relevant data on new equipment and real estate leases and perform classification tests as lessee.
- Prior experience in abstracting information about existing and new leases and loading data into LeaseAccelerator.
- Ability to apply technical accounting research to business transactions, specifically within the areas of ASC 840, ASC 842, IAS 17 and IFRS 16
- Understands various integration options and how they would work in different Company environments related to General Ledger, Accounts Payable, Fixed Assets, Tax Systems, and other ERP modules.
- Understands Time Value of Money calculations and amortization schedules.
- Prior experience with Tier 1 or Tier 2 ERP, with special emphasis on financial accounting policies, processes and controls.
- Agility and acumen in working with new software applications and productivity and contemporary communication tools.
- Knowledge and understanding of corporate controller organizational needs and operational activities.
- Strong organizational skills to manage and advance multiple relationships and projects simultaneously with a significant degree of autonomy and minimal oversight.
- Outstanding written and verbal communication skills.
- Physically and psychologically capable of working from a home office or other remote location using High Speed Internet access, while sustaining a high level of motivation and productivity and collaborating effectively with remote colleagues, clients and partners.
