Lease Accounting Consultant - Tampa in Tampa, FL at Vaco

Date Posted: 10/27/2020

Job Snapshot

  • Employee Type:
  • Location:
    Tampa, FL
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Duties & Responsibilities:

  • Responsible for accounting for leases, reviewing lease contracts and identifying embedded leases
  • Prepare lease schedules for company disclosures,
  • Prepare periodic lease accounting journal entries on rent payments and expenses, prepaid rents, deferred rents, tenant incentive accruals
  • Ensure real estate property leased assets and liabilities are properly classified, analyzed, calculated and reported in financial statements per the new FASB and IASB lease accounting standards for reporting, presentation, and disclosure requirements
  • Manage the lease portfolio, such as extensions, amendments, or terminations, through lease administration software, and calculate intangible asset amortization and capitalized overhead
  • Assist in adoption of new lease accounting guidance (ASC 842) and assess and report the retrospective impacts on the company's financial statements

Job Requirements

  • Bachelor's Degree in Finance or Accounting required
  • Public accounting and/or CPA is preferred
  • 5+ years of transactional accounting experience, with strong knowledge of GAAP and SEC reporting
  • Advanced excel skills, large ERP, and lease administration software are required