Burlington Stores, Inc. · 13 hours ago
Senior Accountant- Lease Accounting
Burlington, NJ
Full-time
Hybrid
Mid, Senior Level
$65K/yr - $80K/yr
3+ years expBurlington Stores is a rapidly growing brand that offers a variety of training and development opportunities. The Senior Accountant- Lease Accounting is responsible for account analysis with a focus on lease accounting, including preparing schedules, journal entries, and financial statements, while ensuring compliance with GAAP standards.
ApparelE-CommerceRetail
Responsibilities
Develop understanding of appropriate accounting treatment of all leases in accordance with Generally Accepted Accounting Principles (GAAP) Accounting Standards Codification 842: Leases
Reviews contracts to assess for lease or non- lease classification
Perform finance vs. operating lease testing to determine accounting classification and treatment of all executed leases and modifications
Perform monthly close and analysis for financial accounting. Prepare journal entries and accrual calculations. Conduct variance analysis, investigate, and analyze drivers. Ensure data integrity by identifying errors/trends in accounting data to improve accuracy, timeliness, and general flow of accounting data
Preparing plans/forecasts for occupancy expenses. Analyze and review forecast to actual results on both consolidated level and by location and department. Prepare summarized variance explanations
Prepare financial analysis on specific lease deals on as needed basis for Financial Planning & Analysis and Profit Improvement Center departments
Prepare work papers and roll forwards, supporting schedules and documentation to support month end close
Assist functional areas by providing data, aid in preparation of monthly journal entries, provide guidance on proper coding of invoices and allocation of costs and maintaining proper accounting policies. Assist with ad-hoc reporting
Qualification
Required
Bachelor's Degree in Finance or Accounting
3+ years of relevant work experience
Proficiency in Microsoft Excel
Knowledge of accounting process, procedures, and financial statements
Knowledge of basic lease accounting principles and terminology
Preferred
Lucernex (Lease Accounting Software)
Oracle Financials
Cognos Business Intelligence
Benefits
Medical, dental and vision coverage including life and disability insurance
Paid time off
Paid holidays
401(k) plan
Company
Burlington Stores, Inc.
Burlington Stores, Inc., headquartered in New Jersey, is a nationally recognized off-price retailer.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2013-10-07IPO
2006-01-18Acquired
Leadership Team
Travis Marquette
President, Chief Operating Officer
Durand Guion
Senior Vice President, Fashion Office
Recent News
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