Sr. Accountant, Leases
Apply NowCompany: Concentra Careers
Location: Addison, TX 75001
Description:
Overview
The Senior Accountant, Leases is responsible for the accounting for Concentra's Ieased properties. The
Senior Accountant, Leases will work with the real estate team, the treasury team and leadership on
monthly accounting, analysis and reporting, while continuously maintaining all controls, following
generally accepted accounting principles (GAAP) and fostering an environment of continuous
improvement.
Responsibilities
Understand and apply GAAP treatment and Concentra policies regarding lease accounting,
Demonstrate understanding of the AMT Lease system and ability to perform necessary tasks in
Perform ASC 842 lease reviews to determine appropriate classification - operating vs. finance.
Review AMT abstracts for new leases, renewals, options and other modifications upon lease
Meet regularly with real estate team to keep track of timing of lease updates and proper
Coordinate with the real estate team to track delivery / possession dates to ensure proper
Work with the treasury group to refresh the incremental borrowing rate model quarterly.
Validate the rent commencement dates for processing the monthly rent roll.
Perform variance analysis for AMT rent expense.
Post AMT batches.
Identify and perform impairment analysis for lease terminations.
Participate in budget preparation.
Assist with audit support when needed.
Perform balance sheet account reconciliations.
Participate in other projects, analysis or reporting as requested by leadership.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or
responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Qualifications
Education Level: Bachelor's Degree
Major: Accounting or Finance
Customarily has at least the following experience: 5 years
At least 5 years of experience in accounting.
Strong knowledge of GAAP, especially around lease accounting issues.
Excellent communication (verbal and written), critical problem solving and analytical skills; detail
Demonstrated experience with financial reporting and analysis.
Excellent computer skills, experience with Oracle and Hyperion a plus.
Additional Data
This job requires access to confidential and critical information, requiring ongoing discretion and secure information management.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Concentra is an Equal Opportunity Employer, including disability/veterans
The Senior Accountant, Leases is responsible for the accounting for Concentra's Ieased properties. The
Senior Accountant, Leases will work with the real estate team, the treasury team and leadership on
monthly accounting, analysis and reporting, while continuously maintaining all controls, following
generally accepted accounting principles (GAAP) and fostering an environment of continuous
improvement.
Responsibilities
Understand and apply GAAP treatment and Concentra policies regarding lease accounting,
Demonstrate understanding of the AMT Lease system and ability to perform necessary tasks in
Perform ASC 842 lease reviews to determine appropriate classification - operating vs. finance.
Review AMT abstracts for new leases, renewals, options and other modifications upon lease
Meet regularly with real estate team to keep track of timing of lease updates and proper
Coordinate with the real estate team to track delivery / possession dates to ensure proper
Work with the treasury group to refresh the incremental borrowing rate model quarterly.
Validate the rent commencement dates for processing the monthly rent roll.
Perform variance analysis for AMT rent expense.
Post AMT batches.
Identify and perform impairment analysis for lease terminations.
Participate in budget preparation.
Assist with audit support when needed.
Perform balance sheet account reconciliations.
Participate in other projects, analysis or reporting as requested by leadership.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or
responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Qualifications
Education Level: Bachelor's Degree
Major: Accounting or Finance
Customarily has at least the following experience: 5 years
At least 5 years of experience in accounting.
Strong knowledge of GAAP, especially around lease accounting issues.
Excellent communication (verbal and written), critical problem solving and analytical skills; detail
Demonstrated experience with financial reporting and analysis.
Excellent computer skills, experience with Oracle and Hyperion a plus.
Additional Data
- 401(k) Retirement Plan with Employer Match
- Medical, Vision, Prescription, Telehealth, & Dental Plans
- Life & Disability Insurance
- Paid Time Off & Extended Illness Days Offered
- Colleague Referral Bonus Program
- Tuition Reimbursement
- Commuter Benefits
- Dependent Care Spending Account
- Employee Discounts
This job requires access to confidential and critical information, requiring ongoing discretion and secure information management.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Concentra is an Equal Opportunity Employer, including disability/veterans