RecruitHook · 5 days ago
Lease Accountant
Boca Raton, FL
Full-time
Onsite
Mid LevelRecruitHook is a growing real estate firm seeking a Lease Accountant responsible for accurate accounting, reporting, and analysis of the company’s leases under ASC 842. The role involves partnering with various departments to ensure complete lease data and timely month-end close while maintaining compliance with accounting standards.
Staffing & Recruiting
Hiring Manager
Michael Laufer, CFC
Responsibilities
Review and analyze lease agreements (real estate and equipment) to determine proper classification and treatment under ASC 842
Set up new, modified, and terminated leases in the lease accounting system and general ledger, capturing all key terms
Prepare and post recurring and ad hoc journal entries for lease activity, including right-of-use (ROU) assets, lease liabilities, straight-line rent, CAM, taxes, and other accruals
Reconcile lease-related balance sheet accounts (ROU assets, lease liabilities, prepaid/deferred rent, CAM/tax accruals) monthly and resolve variances
Assist with monthly, quarterly, and annual close processes related to leases, including roll forwards, schedules, and supporting workpapers
Prepare lease-related disclosures and supporting schedules for financial statements and audits, ensuring compliance with US GAAP and ASC 842
Partner with real estate, legal, and operations to track new leases, amendments, renewals, terminations, and rent changes, and validate payment schedules
Coordinate with Accounts Payable to ensure timely and accurate lease payments
Provide detailed lease cost data to support budgeting and forecasting, including rent, CAM, taxes, and other occupancy-related expenses
Respond to internal and external audit requests with appropriate documentation and explanations for lease accounting positions and balances
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Minimum of 3 years of experience in lease accounting or related field
Strong knowledge of ASC 842 and US GAAP
Proficiency in lease accounting software and general ledger systems
Excellent analytical and problem-solving skills
Strong attention to detail and accuracy
Ability to work collaboratively with cross-functional teams
Effective communication skills, both written and verbal
Experience with financial statement preparation and audits
Company
RecruitHook
Recruithook is your dedicated partner for business growth and self-employment success.
Founded in 2016
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Michael Laufer
Founder & CEO
Company data provided by crunchbase