Staff Accountant -ASC 842 (Leases)

Socket.dev; Austin (TX); Hybrid; USD 65,000 - 75,000; Full time

Benefits offered by this job

10 PTO & Holidays

Maternity/Paternity Award $3,000

401K Retirement Plans

Tuition Discounts

Team events & recognition

Job summary

Socket.dev is seeking a Staff Accountant to own the rent payment cycle and support ASC 842 lease accounting. You will collaborate with Real Estate, Lease Administration and external landlords to ensure timely rent payments and accurate month-end closes.

Ideal candidates have a Bachelor's in Accounting or Finance with 1–2 years in rent management or ASC 842, proficiency in NetSuite or similar software, strong attention to detail, and excellent organizational skills in a fast-paced environment.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 1-2 year(s) of relevant accounting experience, preferably in rent management with multi-site business experience (ASC 842)
• Proficiency in accounting/expense management software (NetSuite, LeaseQuery, Zoho, Airbase, Ramp) and Excel.
• Strong attention to detail and accuracy in financial transactions.
• Excellent organizational and time management skills with the ability to handle multiple tasks and meet deadlines.
• Strong communication skills, both written and verbal, to collaborate with internal teams and external parties.
• Self-starter who thrives in a dynamic and fast-paced environment.

Responsibilities

• Assist in preparing the monthly rent check run and ensure payments to landlords are accurate and timely.
• Work with Real Estate & Lease Administration to gather lease terms, commencements, payment schedules, and changes to rent.
• Enter lease details into accounting software and prepare month-end journal entries per ASC 842.
• Review invoices and payment requests for accuracy and policy compliance.
• Maintain organized records of all rent payments and related documentation in the accounting system.
• Perform reconciliations of rent and operating expense accounts and resolve discrepancies.
• Prepare and present rent and operating expense analytics reports with insights and recommendations.
• Assist with internal and external audits by providing documentation for rent payment processes.
• Identify opportunities for process improvements in the rent payment cycle and implement best practices.

Skills

Attention to detail

Organizational skills

Time management

Communication

Self-starter

Education

Bachelor’s degree in Accounting/Finance or related field

Tools

NetSuite

LeaseQuery

Zoho

Airbase

Ramp

Microsoft Excel

Job description

Overview

We are seeking a detail-oriented and motivated Staff Accountant to join our Accounting team. The primary focus of this role is to own the rent payment process by supporting and collaborating closely with the Real Estate, Lease Administration and other internal teams, as well as external parties such as landlords and real estate brokers. The ideal candidate will ensure that all rent and other payments made to landlords are processed accurately and in a timely manner, and will prepare month-end close tasks related to ASC 842 (Leases).

Duties & Responsibilities

• Assist in preparing the monthly rent check run, ensuring all payments to landlords are calculated accurately, in accordance with lease agreements, to the appropriate parties.
• Work closely with the Real Estate & Lease Administration teams to gather necessary information regarding lease terms, commencements, payment schedules, and any changes to rent agreements.
• Enter details from lease agreements, amendments, and other supporting documents to lease accounting software and utilize reporting to prepare month-end journal entries in accordance with ASC 842 Lease Accounting standards.
• Review invoices and payment requests to ensure accuracy and compliance with established policies and procedures.
• Maintain organized records of all rent payments and related documentation, ensuring that all transactions are properly documented in the accounting system.
• Perform regular reconciliations of accounts related to rent and operating expense payments, investigating and resolving discrepancies as needed.
• Prepare and present reports related to rent and operating expense analytics, providing insights and recommendations for improvement.
• Assist with internal and external audits by providing necessary documentation and explanations related to rent payment processes.
• Identify opportunities for process improvements in the rent payment cycle and assist in implementing best practices.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 1-2 year(s) of relevant accounting experience, preferably in a role focused on rent management with multi-site business experience (ASC 842)
• Proficiency in accounting and/or expense management software (experience with NetSuite, LeaseQuery, Zoho, Airbase, and/or Ramp is a plus) and Microsoft Excel.
• Strong attention to detail and accuracy in financial transactions.
• Excellent organizational and time management skills, with the ability to handle multiple tasks and meet deadlines.
• Strong communication skills, both written and verbal, to effectively collaborate with internal teams and external parties.
• Self starter who thrives in a dynamic and fast-paced environment.

ABC Story

Action Behavior Centers (ABC) delivers evidence-based applied behavior analysis (ABA) therapy to children diagnosed with autism spectrum disorder (ASD). Founded in Austin, TX in 2017, ABC has quickly grown to become the largest and leading provider of ABA therapy in the United States, with hundreds of centers across the country. We deliver transformative patient outcomes across our suite of autism services, including diagnostic support, 1:1 individualized Early Intensive Behavioral Intervention (EIBI), parent training, and school readiness programs. We are a fast-paced, private-equity backed company that is committed to providing high quality services to improve the lives of children and their families while providing our team members with a great culture that values their contribution daily.

Perks

• 10 Days of PTO, 10 Paid Holidays, 2 Flex Days + More with Tenure
• Student Loan Repayment Employer Contributions
• Maternity/Paternity Award of up to $3,000 & FSA Options for Childcare
• Door Dash Pass, Team Happy Hours, and Regional Night of Honors
• Up to $600 Student Loan Repayment Options & Tuition Discounts
• Additional Rewards:
• Quarterly Team outings and events to bond and celebrate our wins both big and small!
• Professional development: we want to pour into you as you pour into ABC
• Leadership opportunities: To be the best, we have to continually keep learning and you get to push yourself here to learn more and take on more responsibilities, and show what you can do!
• 401K Retirement Plans with company matching

Compensation

• Compensation: $65,000 base + 5% bonus. The range is open to a staff accountant lead or senior staff accountant, based on relevant experience.
• Location: Hybrid - Austin, Texas - Reporting to our HQ (6300 Bee Caves Rd BLDG 2 - 100, Austin, TX 78746).

Our Community & Culture

• Instagram: https://instagram.com/actionbehaviorcenters
• Facebook: https://facebook.com/actionbehaviorcenters

See what others have said when they made the decision to grow with us! Glassdoor LinkedIn

ABC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity or expression, national origin, ancestry, disability, marital status, genetic information, veteran status, or any other status protected by applicable federal, state, or local laws, including the Pennsylvania Human Relations Act (PHRA). We are committed to creating an inclusive environment for all employees.