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Darden · 5 hours ago

Lease Accounting Specialist

Orlando, FL

Full-time

Onsite

Mid Level

3+ years exp

Darden is a leading restaurant company, and they are seeking a Lease Accounting Specialist to act as a liaison between the company and landlords. This role involves managing lease payments, ensuring accuracy in financial reporting, and maintaining communication with various departments regarding P&L impacts.

Food and BeverageFood ProcessingRestaurants

Responsibilities

Utilize information systems and processes to remit accurate payments to Landlords on a monthly basis; ensure that payments are made in accordance with the lease, and at the applicable federal / state tax rate

Process Common Area Maintenance (CAM) reconciliations within the system, and research (e.g. review applicable lease excerpts and prior year reconciliations, and work with the Legal department as needed) any costs that appear unreasonable

Communicate with Landlords directly on payment status and CAM reconciliation disputes/status. Coordinate with other departments as needed (AP, Tax, Legal, Asset Management) on resolution

Identify higher-risk / higher-dollar locations with potential cost savings or credits to the Company, including aged accruals, and work directly with Lease Supervisor in pursuing

Process one-time payments to Landlords for miscellaneous expenses; ensure that costs are reasonable and in accordance with the lease, by communicating with Restaurant Management and/or the Legal department

Review month-end rent and CAM exceptions and prepare correcting journal entries to ensure accurate financial reporting

Pro-actively communicate, as well as research and respond to internal inquiries, regarding P&L impacts to Brand Finance and Restaurant Management

Prepare general ledger accounting reconciliations for accruals and misc

Maintain and cultivate relationships internally (Accounts Payable, Tax, Legal, Asset Management, Brand Finance, Restaurant Management) and externally (Landlords, Consultants), by providing timely and accurate deliverables

Scan and index documents

Work on other special projects as needed

Qualification

Accounting processesMicrosoft ExcelOracleCommunication skillsOrganizational skillsProblem resolutionMicrosoft WordMicrosoft OutlookDetail-orientedSelf-starterTeamwork

Required

Self-starter requiring minimal supervision

Detail-orientated and the ability to perform all work in an accurate and timely manner

Strong organizational skills with the ability to prioritize a high volume workload

Ability to work well under pressure and meet deadlines in a fast-paced environment

Exhibits a sense of urgency, understands the importance of month-end closing deadlines

Excellent attendance record

Helpful attitude, demonstrates teamwork

Excellent verbal and written communication skills

Ability to communicate effectively with all levels of field and Support Center team members as well as landlords

Strong follow-through on problem resolution

Proficiency in Microsoft Excel, including ability to create V-Lookups

Proficiency with other Microsoft programs including Word and Outlook

Demonstrated knowledge of accounting processes and practices

Experienced with Oracle and Discoverer, or equivalent systems & reporting tools

General accounting knowledge including preparation of journal entries and understanding of balance sheet/income statement relationship

High school diploma or equivalent required

Minimum of three years of experience in accounting (e.g., processing invoices and requisitions, payroll processing, vendor accounts, stop payments, journal/ledger maintenance and posting, etc.)

Preferred

Undergraduate degree in Accounting or Finance, preferred

Company

Darden

Glassdoor3.9

Darden’s family of restaurants features some of the most recognizable and successful brands in full-service dining — Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar’s Scratch Kitchen, The Capital Grille, Chuy's, Seasons 52, Eddie V's and Bahama Breeze.

Founded in 1938

Orlando, Florida, USA

10001+ employees