The new lease accounting standards have created a market need for lease accounting specialists. With data collection and abstraction, process and policy design, and software implementation and testing, complying with the standards is a major effort that most companies do not currently have the resources to meet.
We have compiled a list of open jobs at Fortune 1000 companies created to help achieve and maintain compliance with the new lease accounting standards.
MGM Resorts International
Full-Time | Las Vegas, NV
The Director of Lease Accounting at MGM will be responsible for managing lease accounting for the Company’s real estate and equipment lease population and lead in the transition to ASC-842 and lease accounting software. The director will serve as a subject matter expert on accounting for leasing activities and provide analysis of the new standard and its financial impact. In addition, they will make recommendations to improve and transition the processes to the new lease accounting software.
Marriott Vacations Worldwide
Full-Time | Orlando, FL
The Senior Manager manages all accounting and reporting processes related to leases, including, but not limited to general lessee and lessor accounting considerations, embedded lease analyses, IBR calculation, ongoing management of active leases, and internal controls over lease accounting. In addition to the appropriate application of technical accounting guidance, the Senior Manager also maintains management’s judgments, policies and procedures that are applied to lessee and lessor leases.
Caesars Entertainment Corporation
Full-Time | Las Vegas, NV
This individual will supervise the lease accounting team, maintain compliance with SOX requirements and FASB rules, and assist with the analysis of lease terms in the lease accounting software, among other duties.
Advance Auto Parts
Full-Time | Roanoke, VA
This individual will serve as project lead for the equipment leasing project which will require a solid understanding of the new lease accounting standard. They will apply lease accounting principles to analyze financial information, record and reconcile transactions, and assist in the preparation of financial reports. They will assist with the implementation of a lease management system that will be the system of record for equipment leases.
Full-Time | Bolingbrook, IL
This individual is expected to collaborate with internal partners on Ulta Beauty’s adoption of the latest US GAAP lease accounting guidance issued by the FASB in addition to serving as a contact for lease-related questions with landlords.
Full-Time | Tampa, FL
This individual will prepare lease accounting journal entries using lease administration software, and record journal entries, determining the proper lease classification under ASC 842, and assist with the accounting of embedded leases to ensure completeness and accuracy.
Tractor Supply Company
Full-Time | Brentwood, TN
This position is responsible for the management and administration of Tractor Supply Company’s (TSC) real estate portfolio, including interpreting lease language and underlying legal documents to ensure compliance, abstracting leases, and entering data into the lease management software.