Lease Accounting Manager (ID:43803)
Our client is an industry leader in the health & wellness space with locations around the United States. They offer a state of the art experience for their clients, an exceptional culture for their employees, and a brand second to none in the industry!
Our Health & Wellness client is seeking a highly skilled and detail-oriented Lease Accounting Manager to join their finance team. The Lease Accounting Manager will play a vital role in ensuring accurate and compliant lease accounting in accordance with ASC 842 while serving as a strategic partner to their real estate team. The ideal candidate should possess a strong understanding of lease accounting principles, excellent analytical skills, and the ability to work collaboratively with cross-functional teams. This position requires meticulous attention to detail and a proactive approach to problem-solving. The ideal candidate with work collaboratively with the Company’s real estate and construction teams providing Management with strategic insight as to the accounting treatment for various lease scenarios. The ideal candidate will have excellent working knowledge of ASC 842 and experience with sale-leasebacks and built-to-suit leases.


Roles & Responsibilities:
  • Oversee and manage the lease accounting functions of the organization, ensuring compliance with ASC 842 for all leases including build-to-suit leases and sale-leaseback transactions.
  • Review lease agreements and extract relevant lease data, including lease terms, payment schedules, renewal options, and other critical information to ensure proper accounting under ASC 842.
  • Collaborate with cross-functional teams, including finance, legal, real estate, and construction to gather and validate lease information, resolve lease-related issues, ensure accurate lease accounting, and provide strategic direction related to various lease scenarios.
  • Develop and implement lease accounting policies, procedures, and controls to ensure compliance with accounting standards and internal guidelines.
  • Collaborate with external auditors during the annual audit process, providing support and documentation related to lease accounting.
  • Stay updated on changes in lease accounting standards and regulations, and proactively assess their impact on the organization
  • Provide timely, accurate and concise lease disclosure in our annual and quarterly regulatory filings.

Required Skills & Experience:
  • Four-year college degree in accounting or related field
  • CPA or equivalent preferred.
  • Minimum of four years of experience, preferably in a corporate setting.
  • Excellent oral and written communication skills.
  • Strong knowledge of lease accounting principles and standards (ASC 842).
  • Proficient in interpreting and analyzing complex lease agreements and extracting relevant lease data.
  • Ability to effectively communicate and collaborate with cross-functional teams and stakeholders.
  • Excellent leadership, presentation, and inter-personal skills
  • Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines

About Versique:

Versique is a high-performance recruiting firm based in Minneapolis, MN specializing in interim solutions, direct hire, and executive leadership search. We believe people are the ultimate business advantage. Our experienced functional recruiting teams work within a variety of areas of expertise (HR, Finance & Accounting, Demand Generation, IT, and Engineering) and broad industries (Healthcare, Banking, Consumer Packaged Goods, Manufacturing, Private Equity, and Family-Owned). Voted as a “Star Tribune Best Places to Work” three years in a row by our employees, Versique is one of the largest and fastest-growing staffing and recruiting firms in the Midwest. The Versique brand represents a powerful combination of “versatile” and “unique” as it hints at the concept of “search” in its pronunciation: ver-seek.

Versique is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.


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Lease Accounting Manager (ID:43803)

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