Lease Accounting Specialist

Vintti is revolutionizing remote staffing by prioritizing time zone alignment. We connect US-based SMBs, startups, and firms with Latin American professionals who work synchronously with US schedules. This approach ensures that businesses can maintain their usual workflows, conduct real-time meetings, and collaborate effectively without the typical challenges of working across disparate time zones.

A Lease Accounting Specialist is responsible for managing and overseeing lease agreements and ensuring compliance with accounting standards and regulations. This role involves analyzing and recording lease transactions, preparing detailed financial reports, and collaborating with various departments to ensure accurate and timely lease data. The specialist ensures all lease-related financial activities align with company policies and pertinent legal requirements, providing essential insights for strategic decision-making. Strong analytical skills, attention to detail, and proficiency in accounting software are critical for success in this position.

- Bachelor's degree in Accounting, Finance, or related field.
- Certified Public Accountant (CPA) or equivalent certification preferred.
- Minimum of 3 years of experience in lease accounting or related field.
- Proficiency with ASC 842 or IFRS 16 lease accounting standards.
- Strong understanding of GAAP and financial reporting.
- Experience with lease accounting software and ERP systems.
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Effective written and verbal communication skills.
- Ability to work independently and as part of a team.
- Experience with internal and external audit processes.
- Ability to manage multiple tasks and meet deadlines.
- Strong organizational and record-keeping skills.
- Commitment to staying current with accounting standards and industry trends.

- Analyze and interpret lease agreements for proper accounting treatment in compliance with ASC 842 or IFRS 16.
- Prepare and maintain detailed lease accounting schedules and journal entries.
- Perform monthly and quarterly reconciliations of lease liabilities and right-of-use assets.
- Collaborate with accounts payable and accounts receivable teams for accurate lease payment processing.
- Monitor and update lease modifications, terminations, and renewals in dedicated lease accounting software.
- Coordinate with internal departments to gather accurate lease-related data and documentation.
- Assist in the preparation of monthly, quarterly, and annual lease-related financial reports.
- Support responses to external and internal audit requests by providing necessary documentation and explanations.
- Ensure adherence to established lease accounting policies and procedures.
- Participate in the implementation and improvement of lease accounting systems and processes.
- Analyze variances between expected and actual lease expenses, investigating any discrepancies.
- Provide specialized guidance and support on lease accounting matters to other departments and team members.
- Stay updated on changes in lease accounting standards and evaluate their impact on financial statements.
- Maintain organized and detailed records of all leasing activities and corresponding documents.
- Assist in preparing and reviewing lease disclosures in financial statements.

The ideal candidate for the Lease Accounting Specialist role is a highly detail-oriented and meticulous professional with a Bachelor's degree in Accounting, Finance, or a related field, ideally holding a CPA or equivalent certification. They bring at least three years of solid experience in lease accounting, demonstrating proficiency with ASC 842 or IFRS 16 lease accounting standards and a strong understanding of GAAP and financial reporting. This candidate excels in advanced Microsoft Excel and is adept with lease accounting software and ERP systems, combining strong analytical and problem-solving skills with a keen eye for detail and accuracy. They are proactive, self-motivated, and able to work both independently and collaboratively within a team, possessing effective multi-tasking and time management abilities. The ideal candidate is adaptable to evolving standards and regulations, communicates clearly and concisely, and can simplify complex accounting concepts for diverse audiences. They maintain strong ethical standards, exhibit reliability and accountability, and demonstrate resilience under pressure and tight deadlines. This individual is committed to continuous learning and professional development, with a proven ability to handle confidential information discretely and an openness to technological advancements within the accounting field. Their strong organizational skills and capacity to provide guidance and support on lease accounting matters, coupled with their experience in managing internal and external audit processes, make them a standout fit for this role.

- Review and analyze lease agreements for proper accounting treatment in accordance with ASC 842 or IFRS 16.
- Prepare and maintain lease accounting schedules and journal entries.
- Conduct monthly and quarterly reconciliations of lease liabilities and right-of-use assets.
- Collaborate with the accounts payable and accounts receivable teams regarding lease payment processing.
- Monitor and update lease modifications, terminations, and renewals in the lease accounting software.
- Coordinate with internal departments to gather necessary lease-related data and documentation.
- Assist in the preparation of monthly, quarterly, and annual financial reporting related to leases.
- Support external and internal audit requests by providing necessary lease accounting documentation and explanations.
- Ensure compliance with lease accounting policies and procedures.
- Participate in the implementation and improvement of lease accounting systems and processes.
- Analyze variances between expected and actual lease expenses and investigate discrepancies.
- Provide guidance and support on lease accounting matters to other departments and team members.
- Stay informed about changes in lease accounting standards and assess their impact on the company's financial statements.
- Maintain organized and detailed records of all leasing activities and corresponding documents.
- Assist in the preparation and review of lease disclosures in financial statements.

- Detail-oriented and meticulous
- Strong analytical and critical thinking abilities
- Proactive and self-motivated
- Adaptable to changing standards and regulations
- Effective multi-tasking and time management
- Clear and concise communication skills
- Collaborative mindset with team players
- Strong integrity and ethical standards
- Reliable and accountable for responsibilities
- Technologically adept and quick to learn new software
- Ability to simplify complex accounting concepts
- Strong organizational abilities
- Resilience under pressure and tight deadlines
- Open to continuous learning and professional development
- Ability to handle confidential information with discretion

- Competitive salary range of $70,000 to $90,000 annually, based on experience and qualifications.
- Comprehensive health benefits including medical, dental, and vision insurance.
- 401(k) retirement plan with company match.
- Paid time off (PTO) policy including vacation, sick leave, and holidays.
- Hybrid work environment with opportunities for remote work.
- Professional development and continuing education opportunities.
- Tuition reimbursement program for advanced studies and certifications.
- Employee assistance program (EAP) offering confidential counseling services.
- Wellness programs and gym membership discounts.
- Life insurance and disability coverage.
- Flexible working hours to support work-life balance.
- Performance-based bonuses and incentives.
- Access to mentorship and career advancement programs.
- Company-sponsored events and team-building activities.
- Employee recognition programs and awards.
- Travel assistance and transportation reimbursement.
- Ergonomic office equipment to ensure comfortable workspaces.
- Equity participation or stock option plans (if applicable).