Manager, Lease Accounting

Driven Brands Inc.

Town of Charlotte (NY)

Hybrid

USD 90,000 - 130,000

Full time

7 days ago
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Job summary

Driven Brands is seeking a Manager, Lease Accounting to lead day-to-day lease accounting, strengthen close and reconciliation processes, and support remediation for material weaknesses. You will oversee ASC 842 lease activities, review entries and reconciliations, and coordinate with cross-functional teams to ensure timely, audit-ready documentation.

The role emphasizes implementing robust controls, enhancing system transitions, and maintaining SOX compliance while guiding junior staff and

Qualifications

  • Bachelor's degree in accounting or finance and 6–8 years of accounting experience including lease accounting.
  • Strong knowledge of U.S. GAAP, ASC 842 and SOX requirements.
  • Experience reviewing journal entries, reconciliations, and audit support.
  • CPA preferred; public or multi-location company experience is a plus.

Responsibilities

  • Oversee operating and finance lease accounting per ASC 842.
  • Review lease entries, schedules, reconciliations, and supporting documentation.
  • Lead remediation of lease material weaknesses and SOX controls.
  • Coordinate with Real Estate, Legal, Operations, FP&A and other stakeholders.
  • Manage monthly, quarterly, and annual close for lease accounting.
  • Support lease system transition: data validation, testing, reconciliation, and documentation.
  • Develop repeatable close procedures and robust control documentation.

Skills

Lease accounting
ASC 842
SOX compliance
Journal entries review
Balance sheet reconciliations
Analytical skills
Stakeholder management
Leadership

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle
FCCS
Lease software / ERP systems

Job description

Company:Driven Brands

Driven Brands is North America's largest automotive services company with a portfolio of iconic brands including Take 5 Oil Change®, Meineke Car Care Centers®, Maaco®, 1-800-Radiator & A/C®, Auto Glass Now®, and CARSTAR®. Our vision is to fuel the pursuit with the simplest, most convenient, and most reliable car care experience.

Headquartered in Charlotte, NC, Driven Brands is more than a workplace. We're a launchpad - for careers, for dreams, and for people driven to do great things.

Every day, we fuel the pursuit - for our customers chasing life's moments, for our franchisees building lasting legacies, and for each other as we grow, lead, and succeed together.

Performance matters. We take pride in it. We own it. We show up for one another and for our communities.

Because at Driven Brands, we're not just fixing cars. We're building futures, unlocking potential, and fueling what's possible - together.

JOB DESCRIPTION:

The Manager, Lease Accounting will oversee lease accounting activities, journal entry review, balance sheet reconciliations, control execution, and audit-ready documentation for the company's lease portfolio. This role is especially important in an environment addressing material weaknesses related to leases, journal entries, and account reconciliations, and will be responsible for strengthening the accuracy, completeness, timeliness, review, and documentation of these areas.

The Manager will lead day-to-day lease accounting activities, strengthen close and reconciliation processes, support remediation efforts, and help guide the company's lease system transition by overseeing data validation, testing, conversion reconciliation, and process documentation. This role will also help establish repeatable close procedures, disciplined journal entry review practices, account reconciliation standards, and sustainable controls that support material weakness remediation and ongoing SOX compliance.

How you will _ Own It: _
  • Oversee accounting for operating leases, finance leases, lease modifications, additions, terminations, reassessments, and remeasurements in accordance with ASC 842.
  • Review lease accounting entries, schedules, reconciliations, and supporting documentation for completeness, accuracy, and compliance with company policies.
  • Partner with Real Estate, Legal, Operations, FP&A, and other stakeholders to ensure lease events are identified, evaluated, and recorded timely.
  • Support maintenance of the lease population and related accounting assumptions, abstracts, and system data.
  • Close, Journal Entries & Reconciliations
  • Manage monthly, quarterly, and annual close activities for lease accounting and assigned corporate accounting areas.
  • Review recurring and non-recurring journal entries to ensure appropriate support, approval, and control evidence, including clear preparer and reviewer documentation, completeness and accuracy checks, and timely posting.
  • Review complex balance sheet reconciliations and ensure reconciling items are investigated and resolved timely.
  • Identify recurring close or reconciliation issues and implement practical process improvements to improve quality and reduce risk, including standardized reconciliation procedures, journal entry review expectations, and close controls.
  • Internal Controls & Material Weakness Remediation
  • Lead remediation activities related to lease accounting, journal entries, and account reconciliations.
  • Oversee execution of assigned SOX controls and ensure control evidence is complete, accurate, and retained timely.
  • Document and improve processes, risks, controls, review procedures, and standard operating procedures, including enhancements to lease accounting controls, journal entry review controls, and account reconciliation controls.
  • Coordinate with Accounting Management, SOX, Internal Audit, and External Audit teams during remediation, testing, and audit activities.
  • Lease System Transition
  • Help lead the lease system transition, including data validation, user acceptance testing, reconciliation of converted balances, and process documentation.
  • Review system outputs and converted data to support completeness and accuracy of lease accounting records.
  • Coordinate with accounting, systems, and business stakeholders to identify issues, support resolution, and maintain appropriate documentation.
  • Team Leadership & Stakeholder Support
  • Provide guidance, coaching, and review support to senior accountants involved in lease accounting, close, reconciliations, and controls.
  • Support training on lease accounting policies, documentation expectations, controls, and system-related processes.
  • Communicate status, risks, and issues clearly to accounting leadership and cross-functional stakeholders.
What you'll _ Bring: _
  • Bachelor's degree in Accounting or Finance.
  • 6-8 years of progressive accounting experience, including lease accounting, corporate accounting, public accounting, or controllership experience.
  • Strong knowledge of U.S. GAAP, ASC 842, and SOX compliance requirements.
  • Experience reviewing journal entries, balance sheet reconciliations, control evidence, and audit support.
  • Strong analytical, communication, and stakeholder management skills.
  • Preferred
  • CPA preferred.
  • Public company, public accounting, or multi-location company experience.
  • Experience in an environment remediating material weaknesses or significant control deficiencies.
  • Experience with lease accounting software, lease administration systems, or similar platforms.
  • Experience with Oracle, FCCS, or other large ERP/consolidation systems.
  • Prior experience supervising or reviewing the work of accounting professionals.
  • Success Measures
  • Improve accuracy, timeliness, and control quality of lease accounting activities, including consistent application of ASC 842 guidance, and timely resolution of lease accounting issues.
  • Support successful remediation of lease material weaknesses.
  • Strengthen documentation quality for journal entries, reconciliations, controls, and audit support, including supporting schedules and audit-ready documentation.
  • Support a successful lease system transition through effective validation, testing, reconciliation, and documentation.

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