Lease Accountant

At Vintti, we specialize in providing US businesses with staffing solutions that feel local. By connecting companies with Latin American professionals operating in compatible time zones, we ensure that work schedules align naturally with US business hours. This temporal harmony facilitates immediate response times, efficient project management, and a cohesive team dynamic regardless of physical location.

A Lease Accountant plays a crucial role in managing and overseeing the financial aspects of lease agreements within an organization. This position is responsible for ensuring accurate and timely recording of lease-related transactions, maintaining compliance with relevant accounting standards, and providing detailed financial reports and analysis. The Lease Accountant collaborates with various departments to gather necessary lease information, reconcile accounts, and support budgeting and forecasting processes. By carefully monitoring lease obligations and financial performance, they help optimize lease management and contribute to the organization’s overall financial health.

- Bachelor’s degree in Accounting, Finance, or related field.
- CPA certification preferred.
- Minimum of 3-5 years of experience in accounting, with specific experience in lease accounting highly desirable.
- Strong understanding of ASC 842 lease accounting standards and requirements.
- Proficiency in accounting software and lease management systems.
- Advanced skills in Microsoft Excel, including pivot tables, VLOOKUPs, and complex formulas.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
- Excellent written and verbal communication skills.
- Experience with financial statement preparation and reporting.
- Knowledge of budgeting and forecasting methodologies.
- Ability to collaborate effectively with cross-functional teams and external partners.
- Demonstrated ability to stay updated with changes in accounting regulations and standards.
- Strong organizational skills and the ability to maintain accurate records.
- High level of integrity and professionalism in handling sensitive financial information.

- Review and analyze lease agreements for ASC 842 compliance.
- Prepare and post journal entries for lease transactions and adjustments.
- Maintain and update lease accounting system for new, modified, or terminated leases.
- Reconcile lease-related accounts monthly, including operating lease liabilities and right-of-use assets.
- Collaborate with internal teams and external auditors on lease accounting inquiries and audits.
- Conduct monthly, quarterly, and annual close procedures for lease accounts.
- Monitor and report on lease obligations for compliance with contract terms and policies.
- Assist in the preparation of financial statements and disclosures for leased assets and liabilities.
- Analyze financial impacts of lease modifications, terminations, and renewals.
- Review and validate lease payment schedules; coordinate with Accounts Payable for disbursements.
- Support budgeting and forecasting with detailed lease-related financial data.
- Ensure compliance with accounting standards and regulatory requirements.
- Communicate with landlords, property managers, and stakeholders to resolve lease issues.
- Stay updated on changes in lease accounting rules and regulations.
- Participate in process improvements and system enhancements for lease accounting.
- Provide training and support on lease accounting processes and systems.

The ideal candidate for the Lease Accountant role is a highly qualified individual with a Bachelor's degree in Accounting, Finance, or a related field, with a CPA certification preferred. They possess a minimum of 3-5 years of accounting experience, specifically demonstrating a strong understanding and hands-on practice of ASC 842 lease accounting standards. Proficient in accounting software and lease management systems, they exhibit advanced skills in Microsoft Excel, allowing them to perform complex data analyses. This candidate is meticulous with exceptional attention to detail and accuracy, coupled with excellent analytical and problem-solving abilities. They are adept at managing multiple tasks and deadlines in a dynamic environment, showcasing exceptional time management and organizational skills. Their excellent written and verbal communication skills enable them to effectively collaborate with cross-functional teams, external auditors, and stakeholders. Known for their high level of integrity and professionalism, they handle sensitive financial information discreetly. The ideal candidate stays updated with changes in accounting regulations and standards and demonstrates a commitment to continuous learning and process improvement. They are proactive, self-motivated, and adaptable, excelling both independently and as part of a team. Their strong negotiation skills and ability to resolve conflicts, combined with a commitment to process efficiency, make them a standout choice for this position.

- Review and analyze lease agreements for proper accounting treatment in accordance with ASC 842.
- Prepare and post journal entries related to lease transactions and adjustments.
- Maintain and update lease accounting system with new, modified, or terminated leases.
- Reconcile lease-related accounts, including operating lease liabilities and right-of-use assets, on a monthly basis.
- Collaborate with internal teams and external auditors to support lease accounting inquiries and audit requests.
- Conduct monthly, quarterly, and annual close procedures for lease accounts.
- Monitor and report on lease obligations, ensuring compliance with contract terms and company policies.
- Assist in the preparation of financial statements and disclosure reports related to leased assets and liabilities.
- Analyze financial impacts of lease modifications, terminations, and renewals.
- Review and validate lease payment schedules and coordinate with Accounts Payable for timely disbursements.
- Support budgeting and forecasting activities by providing detailed lease-related financial data.
- Ensure compliance with relevant accounting standards and regulatory requirements.
- Communicate effectively with landlords, property managers, and internal stakeholders to resolve lease-related issues.
- Stay updated on changes in lease accounting rules and regulations to maintain compliance.
- Participate in process improvement initiatives and system enhancements related to lease accounting.
- Provide training and support to other team members on lease accounting processes and systems.

- Attention to detail and accuracy
- Strong analytical and problem-solving skills
- Proactive and self-motivated with a strong work ethic
- Excellent time management and organizational skills
- Ability to work independently and as part of a team
- Strong communication skills, both written and verbal
- High level of integrity and professionalism
- Adaptability and flexibility to changing priorities
- Keen understanding of accounting principles and lease accounting standards
- Aptitude for continuous learning and staying updated on industry changes
- Ability to handle confidential information with discretion
- Effective collaboration with internal and external stakeholders
- Reliability in meeting deadlines and managing workload
- Tech-savvy with proficiency in accounting software and tools
- Strong negotiation skills and the ability to resolve conflicts
- Commitment to process improvement and efficiency

- Competitive salary range: $75,000 - $95,000 annually
- Comprehensive health insurance plans (medical, dental, and vision)
- 401(k) retirement savings plan with company match
- Paid time off (PTO) and holidays
- Flexible work arrangements, including remote work options
- Professional development and continuing education opportunities
- Performance-based bonuses
- Life and disability insurance
- Employee assistance program (EAP)
- Wellness programs and incentives
- Tuition reimbursement for relevant courses
- On-site fitness center or gym membership discounts
- Supportive and collaborative work environment
- Opportunities for career advancement within the company
- Access to industry conferences and seminars
- Company-sponsored social events