Lease Accounting Manager: ASC 842 Lead & Process Optimizer

TBG | The Bachrach Group

Fort Lauderdale (FL)

On-site

USD 120,000 - 160,000

Full time

6 hours ago
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Job summary

The Bachrach Group seeks an experienced Lease Accounting Manager to lead technical lease accounting, financial reporting, and process improvement across a multi-property organization.

The role requires hands-on ASC 842 expertise, strong collaboration with corporate finance, property accounting, auditors, and executives, and will enhance controls and reporting accuracy across the portfolio.

Qualifications

  • Bachelor's degree in accounting required.
  • CPA, master's in accounting, or public accounting experience strongly preferred.
  • Minimum of five years of progressive accounting experience, including hands-on ASC 842 lease accounting responsibilities.
  • Strong understanding of lease accounting principles including lease classification, recognition, modifications, renewals, and financial statement presentation.
  • Experience with lease accounting systems; LeaseQuery experience is a plus.
  • Demonstrated expertise in general ledger accounting, journal entries, balance sheet reconciliations, financial reporting, and internal controls.
  • Strong analytical, research, and problem-solving skills, with exceptional attention to detail.
  • Excellent written and verbal communication skills, including the ability to explain complex accounting matters to financial and non-financial stakeholders.

Responsibilities

  • Research, interpret, and provide guidance on complex lease accounting matters under ASC 842, GASB, and other applicable frameworks.
  • Oversee the classification, review, and accounting treatment of leases to ensure accurate recognition of lease assets, liabilities, and related expenses.
  • Manage the full lease accounting lifecycle, including new lease onboarding, modifications, renewals, expirations, and terminations.
  • Oversee the accuracy and integrity of the lease database and LeaseQuery system to support monthly, quarterly, and annual financial reporting.
  • Review and approve monthly lease accounting journal entries generated through LeaseQuery; oversee balance sheet reconciliations.
  • Prepare and review lease rollforwards, reconciliations, supporting schedules, and financial statement disclosures; analyze lease-related data across properties.
  • Partner with corporate financial reporting, property accounting, internal teams, external auditors, and executives to address inquiries and meet reporting deadlines.
  • Develop, document, and enhance lease accounting policies, procedures, workflows, checklists, and internal controls.
  • Provide technical guidance and support to accounting teams and participate in system enhancements and special projects.

Skills

ASC 842 expertise
Lease accounting
Financial reporting
Internal controls

Education

Bachelor's degree in accounting
CPA or master's degree in accounting or public accounting experience preferred

Tools

LeaseQuery

Job description

The Bachrach Group seeks an experienced Lease Accounting Manager to lead technical lease accounting, financial reporting, and process improvement across a multi-property organization.

The role requires hands-on ASC 842 expertise, strong collaboration with corporate finance, property accounting, auditors, and executives, and will enhance controls and reporting accuracy across the portfolio.

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