Description
The Lease Accounting Manager will be responsible for accurate abstraction and reporting of leases associated with the real estate portfolio, 1600+, around the world for P&L and balance sheet. The Lease Accounting Manager will further provide strategic oversight to the Payments Team and support any system or operational initiatives. In this role, the Lease Accounting Manager will have a close partnership with Corporate and Retail Real Estate and Global Business Solution (GBS) teams to ensure accurate lease accounting and on-time payments worldwide in accordance with ASC 842 and Company policy. This position partners with many cross-functional business partners including Places (Corporate and Retail Real Estate), Technical Accounting, Legal, Tax, Business Assurance, software development teams, and Apple Global Business Solution teams around the world.As a Lease Accounting Manager, you will perform senior level review of new lease agreements and amendments, as well as validation of lease accounting treatment assessments (finance vs. operating). You will provide operational oversight to payments team to support any escalations or issues with lease payments or vendor setup, as associated to the leasing space. You will further perform a supervisory role in monitoring for SOX compliance and coordinating SOX testing activities. You will lead, review, and provide oversight for your Team’s various tasks in reporting on the WW lease portfolio, including quarterly deliverables to external reporting, business reports to Senior Management, and sales reporting requirements. You will be responsible for and coordinate requests, both internal and external, to support miscellaneous audits at the Company. You will take the lead to improve systems and processes that impact your team and Places Org, leveraging AI, existing IS&T Infrastructure, and relationships with business partners to drive initiatives.
Minimum Qualifications
10+ years of professional finance experience, 5+ years of managerial experienceBS/BA or equivalent in Accounting, Finance, or a related field Experience working in Retail and Corporate Real Estate Finance rolesSOX compliance experience Drive resolution on open lease accounting and payments escalations across the businessBe a self-starter with the ability to meet deadlines in a fast-paced environmentBuild effective business partnerships and be an excellent team playerStrong performance in a fast-paced, innovative environmentExcellent analytical and Excel modeling skillsMust be organized and have a strong attention to detailEffective written, verbal and presentation skills; ability to present to all levels within the organizationElevate and develop key Financial Analysts on the Accounting and Payments teams.Strong understanding of US GAAP
Preferred Qualifications
Experience and overall curiosity with AI tools a plusTririga, Nakisa, or other Lease Accounting software experience a plusSAP or large-scale ERP background a plusLease payment knowledge/experience a plusDetailed knowledge and in-depth application of US GAAP Lease Accounting Standard (ASC 842); knowledge of IFRS 16 a plusSystem implementation and project experience is an advantage
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