Lease Accountant

LEASE ACCOUNTANT
Pittsburgh, PA (Hybrid)
$65,000- $75,000

ABOUT THE COMPANY:

Our client is seeking a detail-oriented Lease Accountant to join their accounting team. This position is ideal for an accounting professional with 2+ years of experience in real estate accounting, lease administration, or lease accounting who is looking to grow their career within a dynamic organization.

The Lease Accountant will be responsible for maintaining accurate lease accounting records, performing lease-related calculations and reconciliations, and supporting the financial reporting process.

OVERVIEW OF THE LEASE ACCOUNTANT ROLE:

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• Manage accounting activities related to the company's real estate lease portfolio.
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• Maintain accurate lease records, schedules, and supporting documentation.
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• Review lease agreements and amendments to identify accounting and financial impacts.
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• Perform monthly lease accounting calculations, journal entries, and reconciliations.
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• Assist with ASC 842 lease accounting requirements and reporting.
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• Reconcile lease-related accounts and investigate variances or discrepancies.
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• Track rent, operating expenses, escalations, abatements, and other lease-related activity.
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• Partner with property management, real estate, accounts payable, and other internal teams to ensure accurate lease information.
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• Assist with month-end and year-end close activities.
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• Support the preparation of financial reports, schedules, and audit documentation.
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• Maintain compliance with company accounting policies and applicable GAAP requirements.
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• Assist with lease audits and provide documentation to external auditors as needed.
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• Identify opportunities to improve lease accounting processes, reporting, and internal controls.
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PREFERRED QUALIFICATIONS FOR THE LEASE ACCOUNTANT:

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• Bachelor's degree in Accounting, Finance, or a related field preferred.
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• 2+ years of accounting experience, preferably within real estate, property management, or lease accounting.
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• Working knowledge of GAAP and ASC 842.
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• Experience with account reconciliations and month-end close.
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• Strong Excel skills and the ability to work with large amounts of financial data.
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• Experience reviewing contracts, leases, or other financial agreements preferred.
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• Strong attention to detail and organizational skills.
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• Ability to manage multiple priorities and meet deadlines.
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• Excellent analytical, communication, and problem-solving skills.
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• Experience with real estate accounting software or ERP systems is a plus.
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