Senior Restaurant Lease & Fixed Asset Accountant

FAT Brands Inc.

Lexington (KY)

On-site

USD 90,000 - 130,000

Full time

7 days ago
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Job summary

FAT Brands Inc. seeks a technically strong Senior Accountant to own lease accounting and fixed assets for a multi‑brand restaurant portfolio. You will manage ASC 842, ROU assets, lease liabilities, and related reconciliations across company-operated and franchised locations.

You will also oversee fixed assets, CIP, depreciation, and impairment testing, coordinating with internal teams and auditors to ensure accurate reporting and strong controls.

Qualifications

  • BS in Accounting or Finance required.
  • 4+ years of progressive accounting experience; public accounting or a public/private combination strongly preferred.
  • Demonstrated hands‑on ownership of ASC 842 for a substantial multi‑location lease portfolio — not incidental exposure.
  • Demonstrated hands‑on ownership of a fixed asset subledger including CIP, leasehold improvements, and capitalization policy application.
  • Experience in a multi‑entity environment with intercompany activity and consolidation.
  • Working knowledge of US GAAP with the ability to research guidance independently and document conclusions in writing.
  • Advanced Excel and AI (large data sets, complex formulas, pivot tables, reconciling system output to source data).
  • Proven experience supporting external audits on assigned areas.

Responsibilities

  • Own the lease portfolio end to end — restaurant real estate, ground leases, equipment leases, and subleases to franchise operators.
  • Perform classification analysis and calculate ROU assets and lease liabilities, including remeasurement for modifications and reassessments.
  • Account for percentage and variable rent, CAM, real estate taxes, insurance pass‑throughs, and tenant improvement allowances.
  • Handle closed and dark stores — cease‑use decisions, ROU asset impairment, termination and buyout accounting for non‑operating sites.
  • Prepare amortization schedules, entries, reconciliations, footnote disclosures, and maturity tables; resolve lease system to GL differences.
  • Serve as the internal ASC 842 resource for real estate, development, franchise, and legal teams evaluating new or amended deals.

Skills

Advanced Excel
Data analysis

Education

Bachelor's degree in Accounting or Finance

Tools

NetSuite
Visual Lease
LeaseQuery
Nakisa
Power BI
SQL

Job description

FAT Brands Inc. seeks a technically strong Senior Accountant to own lease accounting and fixed assets for a multi‑brand restaurant portfolio. You will manage ASC 842, ROU assets, lease liabilities, and related reconciliations across company-operated and franchised locations.

You will also oversee fixed assets, CIP, depreciation, and impairment testing, coordinating with internal teams and auditors to ensure accurate reporting and strong controls.

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