Lease Accountant

Guitar Center Stores, Inc.; Westlake Village (CA); On-site; USD 75,000 - 85,000; Full time

Job summary

Guitar Center Stores, Inc. is seeking an accounting professional to support lease accounting, reconcile rent and operating expenses, and assist with month-end close processes.

You will prepare schedules, journal entries, and management reports while collaborating with Real Estate and Construction teams. The role requires a bachelor's degree (or 4 years of equivalent experience) and at least 2 years of relevant work experience, with solid Excel and Office skills and familiarity with PeopleSoft.

Qualifications

• Bachelor's degree or 4 years of equivalent work experience in business or accounting.
• At least 2 years of relevant work experience in accounting or lease administration.
• Intermediate MS Excel skills (V-lookups, formulas, filtering, sorting, formatting) and MS Office proficiency.

Responsibilities

• Prepare and maintain lease schedules and amendments.
• Review and reconcile rent and operating expense billing from property managers and resolve disputes.
• Assist with monthly close and analysis of financial statements on a monthly/quarterly/annual basis.
• Prepare journal entries and accruals, recurring and non-recurring.
• Monthly general ledger reconciliations and supporting documentation.
• Collaborate with Real Estate and Construction teams and prepare management reports.

Skills

MS Excel

MS Office

Education

Bachelor's Degree or 4 years of equivalent work experience

Tools

PeopleSoft

Job description

PURPOSE OF THE JOB

The purpose of this jobs is to assist in maintaining lease schedules, reconciling operating expenses with landlords, and additional month-end closing processes.

RESPONSIBILITIES/DUTIES

• Prepare and maintain accounting schedules according to lease/amendment terms
• Review and reconcile rent & operating expense billing from property managers, including identifying & resolving billing disputes
• Assist with the monthly close process and with the preparation and analysis of the monthly, quarterly, and annual financial information
• Prepare journal entries and accruals, both recurring and non-recurring
• Monthly reconciliation of general ledger accounts
• Preparation of supporting documentation for financial statements
• Work closely and partner with our Real Estate and Construction team
• Preparation of monthly/quarterly reports for management
• Research and provide conclusions on technical accounting issues
• Additional duties as assigned.

MINIMUM REQUIREMENTS & SPECIAL ATTRIBUTES

• Bachelor's Degree (or 4 years of equivalent work experience), preferably in Business, Accounting, or related field
• 2 years of relevant work experience (in addition to degree or years of previous experience)
• Intermediate proficiency level within MS Excel (V-lookups, formulas, filtering, sorting, formatting)
• Intermediate proficiency in the MS Office suite (Word, PowerPoint, Outlook)
• Basic understanding of financial management applications such as PeopleSoft

Why Guitar Center? Here's just some of the rewards:

For our employees who are musicians we offer the unique opportunity of gig leave-take time off to share your music with the world and return to your job after your tour! Guitar Center offers robust benefits and perks, including Medical, Dental, Vision,401K plus company match, mental health support, paid sick/holiday/vacation time, employee discount program, and tuition reimbursement options.

Pay Rate:

$75,000-$85,000/yr depending on background and experience.

The job posting is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific employee, which is always dependent on actual experience, education, and other factors. The pay range(s) listed are provided in compliance with state specific laws. Pay ranges may be different in other locations.

About Guitar Center

Guitar Center embodies the world of creativity and music by encouraging our teammates to find their own individual sound. We strive to craft lifelong musicians and make a difference in the world by enabling musicians and non-musicians alike to experience the almost indescribable happiness that comes from playing an instrument. We believe in putting our customers first, engaging with respect and integrity and fulfilling our mission with passion.

Why join us?

With a career at Guitar Center, you become part of the world's largest multichannel musical instrument retailer. Whether at our Stores, Contact Centers, Distribution Centers, or Support Center, Guitar Center employees have a common goal: to help people find their sound and fill the world with more music.

Guitar Center is an Equal Opportunity Employer and provides fair and equal employment opportunity to all employees and applicants regardless of race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, veteran status or any other protected status prohibited under Federal, State, or local laws. All employment decisions are based on valid job-related requirements.

If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to use or access our website, you may request a reasonable accommodation to express interest in a specific opening. You can request reasonable accommodation by sending an email to [e-mail].