SENIOR LEASE ACCOUNTANT (REAL ESTATE MANAGEMENT)

Accreditation Council for Graduate Medical Education; Illinois; On-site; USD 87,000 - 97,000; Full time

Benefits offered by this job

Medical, Dental, and Vision

Pension Plan

Deferred Compensation Program

Employee Assistance Program

Paid Holidays, Vacation, and Sick Time

Job summary

Cook County Government seeks a Senior Lease Accountant to manage the accounting lifecycle for real estate leases and license agreements, ensuring ASC 842 compliance and accurate financial reporting. You will collaborate with legal and real estate teams, perform complex reconciliations, and support month-end close to ensure audit readiness and strong internal controls.

The role requires knowledge of US GAAP, lease accounting standards, and experience with lease software and Excel for data

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 4 years lease accounting or real estate accounting experience.
• Equivalent combination of education and/or experience.

Responsibilities

• Handle the comprehensive accounting lifecycle for real estate and asset leases.
• Ensure ASC 842 compliance and accurate lease accounting.
• Support month-end close processes and financial reporting.
• Collaborate with legal and real estate teams for audit readiness.
• Oversee administration of licenses and public way agreements.

Skills

ASC 842

US GAAP

Lease accounting

Excel

Data analysis

Education

Bachelor's degree in Accounting/Finance

Tools

CoStar

Tririga

Job description

SENIOR LEASE ACCOUNTANT (REAL ESTATE MANAGEMENT)

Requisition ID: 00139360

Job Summary

Handle the comprehensive accounting lifecycle for real estate and asset leases, ensuring compliance with Accounting Standards Codification (ASC) Topic 842 standards. Serve as a functional expert for lease data integrity and lease accounting accuracy. Perform complex reconciliations, supports month-end close processes, and collaborates with legal and real estate departments to ensure strategic financial reporting and audit readiness. Oversee the administration of diverse agreements including license and public way agreements to ensure the accuracy of assets and lease liabilities. Recommend enhancements to internal controls and lease accounting procedures to mitigate financial risk and streamline multi-departmental workflows.

Minimum Qualifications

• Graduation from an accredited college or university with a Bachelor's Degree or higher in Accounting, Finance,or a directly related field is required.and
• Four (4) years of experience in lease accounting, real estate accounting, or directly related experience is required, or
• An equivalent combination of education and/or experience is required.

Candidates who are contacted will be required to produce original required documents (e.g., current driver’s license, diploma, school transcript, certifications, etc.) listed on the Notice of Job Opportunity within five (5) days of being extended an offer, in writing, by the Bureau Chief of BHR (or designee).Candidates will be notified of how to submit the required documents.

*Degrees awarded outside of the United States, with the exception of those awarded in one of the United States territories and Canada, must be credentialed by the World Education Services (WES), Educational Credential Evaluators (ECE), or a National Association of Credential Evaluation (NACES) member organization.

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER CHARACTERISTICS

• Knowledge of US GAAP and specific mastery of ASC 842 lease accounting standards and financial reporting requirements.
• Ability to identify errors, inconsistencies, and non-compliance with applicable accounting standards and internal controls.
• Skill in utilizing lease administration software (e.g., CoStar, Tririga) and advanced Excel functions for data modeling and reporting.
• Ability to evaluate the effectiveness of existing financial systems/procedures and recommend strategic process improvements.
• Ability to organize and lead projects involving financial system transitions, reporting activities, and data migrations.
• Skill to effectively collaborate with legal, real estate, and government revenue departments.
• Ability to maintain rigorous control over accounting processes to ensure data integrity and compliance with regulatory standards.
• Knowledge in tracking complex lease terms, escalations, and multi-location portfolio documentation.

Physical Requirements:

Sedentary Work involves exerting up to 10 pounds of force occasionally or a negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time.

The duties listed are not set forth for purposes of limiting the assignment of work. They are not to be construed as a complete list of the many duties normally to be performed under a job title or those to be performed temporarily outside an employee's normal line of work.

VETERAN’S PREFERENCE

When applying for employment with Cook County Government, preference is given in the application process to honorably discharged Veterans who have served in the Armed Forces of the United States for more than 180 consecutive days, or during War Time. To take advantage of this preference a Veteran must:

• MEET THE MINIMUM QUALIFICATIONS FOR THE POSITION.
• IDENTIFY THEMSELVES AS A VETERAN ON THEIR EMPLOYMENT APPLICATION BY ANSWERING YES TO THE QUESTION “Are you a military veteran?”
• ATTACH A COPY OF THEIR DD 214, DD 215 or NGB 22 (NOTICE OF SEPARATION) AT TIME OF APPLICATION FILING. IF YOU HAVE MULTIPLE DD 214S, 215S, OR NGB 22S, PLEASE SUBMIT THE ONE WITH THE LATEST DATE. COAST GUARD MUST SUBMIT A CERTIFIED COPY OF THE MILITARY SEPARATION FROM EITHER THE DEPARTMENT OF TRANSPORTATION (BEFORE 911) OR THE DEPARTMENT OF HOMELAND SECURITY (AFTER 911).

The Cook County Department of Veterans Affairs can assist you with obtaining a certified DD214 and having it recorded for you at no charge. Please contact [e-mail]

VETERAN MUST PROVIDE ORIGINAL APPLICABLE DISCHARGE PAPERS AT TIME OF INTERVIEW.

Group and Voluntary Benefits Offered:

• Medical, Dental, and Vision
• Basic Term Life Insurance
• Pension Plan
• Deferred Compensation Program
• Employee Assistance Program
• Paid Holidays, Vacation, and Sick Time
• Voluntary Benefits
• You May Qualify for the Public Service Loan Forgiveness Program (PSLF)
• For further information on our excellent benefits package, please click on the following link: http://www.cookcountyrisk.com/
• For eligible employees the County has a hybrid work environment which allows employees telecommuting and flexible scheduling options.

Salary Range: $87,470 - $96,607/Yearly

*This position requires successful completion of post-offer tests, which may include a background check, drug screen, and medical examination.

Falsification of any information in the application process will result in disqualification, dismissal after hire, and/or placement on the County’s Ineligible for Rehire List for a period of two (2) or five (5) years. For current County employees, such falsification may result in discipline, up to and including termination, and placement on the County’s Ineligible for Rehire List for a period of two (2) or five (5) years. See Cook County Code of Ordinances, Article II, Sections 44-54 Unlawful Practices Relating to Employees and Employment - Penalty, 44-56 Political Discrimination; Cook County Employment Plan, Section V.N. Pre-Interview License and Certification Verification; Supplemental Policy No. 2014-2.13 Ineligible for Rehire List; and Cook County Personnel Rules 3.3(b) (7) (d)

EEO Statement

Cook County Government is an Equal Employment Opportunity (“EEO”) employer. Cook County prohibits illegal discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to race, color, sex, age, religion, disability, national origin, ancestry, sexual orientation, marital status, parental status, source of income, housing status, military service or discharge status, gender identity, genetic information, or any other protected category established by law, statute or ordinance as further defined in Chapter 44. Human Resources, Article II. Personnel Polices, Section 44-53 of the Cook County Code of Ordinances and Chapter 42. Human Relations, Article II. Human Rights, Section 42-35 of the Cook County Code of Ordinances.

NOTE: As an internal candidate, should you be offered the position, salary allocations shall abide by the Cook County Personnel Rules.

*Must be legally authorized to work in the United States without sponsorship.

Social Media Disclaimer

The County’s hiring process is governed by the Cook County Employment Plan, which prohibits employment actions from being influenced by any Political Reasons or Factors for Non-Exempt Positions. The advertisement of this position by any individual does not constitute an offer or promise of employment, promotion, or any other employment action and shall not influence the County’s hiring decision. Cook County officials and employees who become aware of or receive a complaint that involves an allegation of Political Reasons or Factors being considered in the hiring process of Non-Exempt positions are obligated to refer the complaint to the Cook County - Office of the Inspector General. If the Cook County Inspector General sustains allegations of Political Reasons or Factors being considered, Cook County will disqualify the Applicant or Candidate from consideration for employment and disciplinary action will be imposed on any involved Cook County employees, if applicable.