Senior Lease Accountant; Real Estate Management

senior lease accountant (real estate management)

requisition :

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.

• 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 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.

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.

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…