Senior Lease Accountant, ASC 842 & Complex Leases

Crusoe; San Francisco (CA); On-site; USD 105,000 - 155,000; Full time

Benefits offered by this job

Competitive compensation and equity

Paid time off

Comprehensive health, dental & vision

HSA contributions

401(k) with company match

Professional development & tuition

Mental health & wellness support

Commuter benefits

Cell phone stipend

Job summary

Crusoe is seeking a Senior Accountant, Lease Accounting, to own end-to-end lease accounting for a vertically integrated data center business. You will read agreements, apply ASC 842, and build repeatable monthly processes for leases, modifications, and remeasurements.

You will partner with Legal, Real Estate, Data Center Development, Procurement, FP&A, and Tax to understand new deals, prepare abstracts and memos, and support SOX controls and quarterly disclosures. Strong Excel skills required.

Qualifications

• 4-7 years of accounting experience, including ASC 842 lease accounting.
• Bachelor’s degree in Accounting, Finance, or a related field.
• Experience with complex or non-standard lease agreements, not only standard real estate leases.
• Working knowledge of lease classification, modifications, remeasurement, and discount rate concepts.
• Experience with a lease accounting system (LeaseQuery preferred; LeaseAccelerator, CoStar, or similar).
• Strong month-end close and reconciliation discipline in a public or public-ready environment.
• Advanced Excel skills and comfort with large data sets.
• Clear written and verbal communication, including explaining accounting to non-accountants.

Responsibilities

• LeaseQuery ownership: Own input of new leases and maintain schedules, including modifications, remeasurements, extensions, terminations, and reassessments
• Lease inventory: Keep a complete inventory of executed agreements and amendments
• ASC 842 application: Apply the standard to non-standard arrangements, including lease vs. non-lease components, embedded leases, build-to-suit, variable payments, and option assessments
• Accounting memos: Work with manager to prepare lease abstracts and memos for new and modified leases, with Technical Accounting guidance on judgment-heavy items
• Month-end close: Prepare and post lease journal entries for expense, interest, ROU amortization, and liability entries
• Reconciliations: Reconcile LeaseQuery activity and lease liability and ROU asset balances to the general ledger and AP, and clear variances
• Cross-functional partnership: Work with Legal, Real Estate, Data Center Development, Procurement, FP&A, Treasury, and Tax on lease intake, forecasts, and structuring
• Process improvement: Document procedures and build intake workflows and automation that scale with the business

Skills

ASC 842 lease accounting

Financial analysis

Advanced Excel

Communication

SOX controls

Education

Bachelor’s degree in Accounting/Finance

Tools

LeaseQuery

LeaseAccelerator

CoStar

NetSuite

Sage Intacct

Job description

Crusoe is seeking a Senior Accountant, Lease Accounting, to own end-to-end lease accounting for a vertically integrated data center business. You will read agreements, apply ASC 842, and build repeatable monthly processes for leases, modifications, and remeasurements.

You will partner with Legal, Real Estate, Data Center Development, Procurement, FP&A, and Tax to understand new deals, prepare abstracts and memos, and support SOX controls and quarterly disclosures. Strong Excel skills required.