ATI Physical Therapy · 14 hours ago
Sr. Lease Accountant
US-IL-Downers Grove
Full-time
Hybrid
Mid, Senior Level
$76K/yr - $95K/yr
5+ years expATI Physical Therapy is seeking a Senior Lease Accountant to join their accounting team. This role involves managing the lease accounting lifecycle, ensuring accuracy in month-end close processes, and providing technical accounting support related to leases. The ideal candidate will have strong analytical skills and thrive in a fast-paced environment.
Health CareRehabilitation
Responsibilities
Month-End Close: Prepare and review all month end journal entries as it relates to leases and lease payments. This includes preparing all reconciliations and investigating any differences
Lease payments: Review the monthly lease payments and help support the lease accountants to ensure accurate and timely payments
Cross-Functional Collaboration: Partner with FP&A, legal, operations and the lease administrative teams to support business initiatives and ensure accounting alignment (assistance with DeNovo builds and ramps)
Lease audits: Review, analyze, and perform audits of year end statements from landlords regarding Common Area Maintenance, Real Estate Taxes, Utilities and Advertising costs
Remeasurements/modifications/terminations: reassess lease term, update discount rate when required, remeasure liability/ROU, handle partial terminations/cease-use
System: Be the system administrator on the lease module from the accounting team perspective
Financial Reporting: Prepare financial statements, related footnotes and analysis for reporting group, inclusive of disclosures related to leases
Technical Accounting Research and Analysis: Analyze and interpret complex accounting issues (e.g. ASC 842, ASC 360, ASC 810, ASC 606, ASC 470, etc.) and research new standards and pronouncements
Qualification
Required
Bachelor's degree in Accounting or Finance
5+ years of relevant accounting experience, ideally in high-growth retail or healthcare organizations
Experience with multi-entity and/or consolidated financial statements
General ledger management and cost allocations
Experience with lease accounting and ASC 842
Strong knowledge of GAAP (ASC 842) and financial reporting requirements
Excellent problem-solving, analytical, organization, and communication skills
Proficiency in accounting systems (e.g., NetSuite, Oracle, SAP, Great Plains, or similar)
Advanced excel skills (Vlookup, Nested Formulas, Pivot Tables, Advanced Charting, PowerPivot)
Experience in accounting software such as Lease Harbor, Apex, Trintech, GTreasury, Great Plains
Ability to thrive in a fast-paced, complex environment with competing priorities
CPA or CPA candidate
Preferred
SOX-compliance programs and documentation requirements
Preparing financial analysis and presenting to internal and external stakeholders
Company
ATI Physical Therapy
With over 30 years’ experience and approximately 850 locations nationwide, ATI Physical Therapy prides itself on being at the forefront of patient care and customer service for the physical therapy industry.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Wendy Schuman
EA - CEO & CFO
Joseph Jordan
Chief Financial Officer
Recent News
Wichita Business Journal
2025-03-15
2024-05-05
2024-05-05
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