Lease Accounting Analyst (ASC 842) – Hybrid

Advance-Auto-Parts; Raleigh (NC); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health & wellness benefits

Equal Opportunity Employer

Job summary

Advance Auto Parts seeks a Sr. Lease Analyst in Raleigh, NC, to manage and analyze lease data in Costar, ensure ASC 842 compliance, and process monthly lease-related accounting entries. You will partner with Real Estate, Accounting, and FP&A teams to support accurate financial reporting.

The role offers a hybrid work arrangement (4 days in office, 1 day remote) at the corporate headquarters and requires 2–5 years of lease accounting experience and strong Excel skills.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2–5 years in lease accounting, real estate accounting, or lease expense analysis.
• Strong understanding of ASC 842 and occupancy cost management.

Responsibilities

• Review and abstract lease agreements, amendments, renewals, and terminations to identify key financial terms.
• Maintain and update lease data in Costar and other systems.
• Record and process monthly lease payments, real estate taxes, CAM, and insurance charges.
• Record accruals and prepare journal entries for rent, CAM, insurance, and property tax expenses.
• Reconcile balance sheet and income statement GL accounts related to lease liabilities and ROU assets.
• Support internal/external audits with documentation and reconciliations.

Skills

Analytical skills

Excel skills

Lease accounting

Communication

Education

Bachelor's degree in Accounting/Finance/Business Administration

Tools

Costar

Oracle

Job description

Advance Auto Parts seeks a Sr. Lease Analyst in Raleigh, NC, to manage and analyze lease data in Costar, ensure ASC 842 compliance, and process monthly lease-related accounting entries. You will partner with Real Estate, Accounting, and FP&A teams to support accurate financial reporting.

The role offers a hybrid work arrangement (4 days in office, 1 day remote) at the corporate headquarters and requires 2–5 years of lease accounting experience and strong Excel skills.