| Job Title | |||||
| Lease Accountant (Temp Position) | |||||
| Position Location | |||||
| Miami, FL 33172 | |||||
| Pay/hours for position | |||||
| $27-$29 per hour | |||||
| Requirements of position | |||||
| REQUIREMENTS:? Education: 4-year Bachelor’s degree in Accounting or Finance is required. ? Experience: 4–6+ years of progressive accounting experience, with a heavy focus on lease accounting or corporate real estate finance. ? Standards Expertise: Strong mastery of US GAAP, specifically ASC 842 (Leases). ? Technical Proficiency: Advanced Microsoft Excel skills (v-lookups, pivot tables, and financial modeling); experience with lease accounting software (e.g., Lucernex, Visual Lease, or CoStar) is highly preferred. ? Contractual Literacy: Proven ability to read and interpret complex commercial lease agreements without external real estate support. | |||||
| Responsibilities of position | |||||
| Location: On-Site, Miami, FL 33172Pay: $27-$29 per hour Temp position for at least 6 months, maybe longer As the Lease Accountant, you will be responsible for the end-to-end accounting and financial management of the Company’s real estate portfolio, including retail stores, corporate offices, and showrooms. You will ensure compliance with ASC 842 lease accounting standards, managing the accuracy of the lease database, monthly reconciliations, and the processing of rent and related occupancy costs. This role serves as a critical liaison between the Finance, Legal, and Real Estate departments. Key Responsibilities: ? End-to-End Lease Administration: Act as the central point of contact for all lease-related matters; maintain the lease database, ensuring all abstracts, renewals, and termination notices are tracked and executed on time. ? ASC 842 Compliance: Lead the monthly accounting for all leases; perform measurements and measurements for new and existing agreements, ensuring ROU assets and lease liabilities are accurately reflected on the balance sheet. ? Direct Landlord Relations: Manage professional relationships with landlords and property managers; serve as the primary contact for billing disputes, insurance requirements, and property-related inquiries. ? Occupancy Cost Auditing: Independently audit and process payments for Common Area Maintenance (CAM), Real Estate Taxes, and Insurance (T&I). Conduct rigorous year-end "true-up" reconciliations to ensure the Company is not overbilled. ? Financial Reporting & Close: Prepare and record all monthly journal entries for base and percentage rent. Perform balance sheet reconciliations and prepare lease-related disclosures for financial statements. ? Strategic Portfolio Tracking: Proactively monitor and report on upcoming lease expirations, option periods, and rent escalations to senior leadership to support timely business decisions.? Legal & Financial Liaison: Partner with the Legal and Finance departments to ensure new lease agreements or amendments are financially sound and accurately captured in our systems. |
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