Manager, Lease Accounting

Who We Are:

Kontoor Brands is a portfolio of three of the world’s most iconic lifestyle, outdoor and workwear brands:
Wrangler, Lee and Helly Hansen. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long- term value for its stakeholders.

Job Posting:

Manager, Lease Accounting The Manager, Lease Accounting provides, directs and manages all global accounting activities related to the recording of lease activities in the general ledger.  This will be an important, centralized role which will drive global leadership and process improvements for the company’s leasing activities. The role is primarily focused on the general ledger duties and includes, but is not limited to, managing the CoStar lease accounting application and SAP S4 systems, journal entry review and approval, audit inquiries, and backup to other core accounting functions, as assigned.

This position will have one direct report and will liaise with both accounting and facilities management personnel.  This individual may be required to provide input to or participate in various projects and will perform other duties as requested.

Key Responsibilities Responsible for the direction, management, accuracy and completeness of all lease accounting activities on the general ledger

Account for the monthly lease accounting close processes and related reconciliations, reporting and tracking

Build strong relationships and work cross-functionally with other finance functions to ensure a smooth and timely monthly close

Adhere to system of controls and procedures to ensure the proper recording and maintenance of all lease administration activities on the general ledger

Prepare and provide recommendations on opportunities to improve processes and changes to company policies and procedures, as necessary

Manage all lease transactions including recording, changing, or updating asset records in a timely manner and in accordance with GAAPWork with the retail and corporate real estate teams, as well as other project managers, to ensure lease activity is identified and placed in service on a timely basis

Investigate and participate in testing for the potential impairment of leases

Manage the CoStar application and maintain lease accounting compliance with ASC 842 standards

Review, interpret, input, and analyze information on leases, amendments, and other legal documents

Respond to audit inquiries in a timely manner Other duties as assigned

Skills For Success Ability to handle multiple tasks in dynamic environment

Advanced level of Excel skills, advanced PC skills and systems knowledge

Strong communication (oral and written)
Excellent organizational skills

Excellent leadership and relationship building skills, able to build trust with stakeholders

Strong analytical and problem-solving skills

Ability to work well independently and with others

Integrity

Ability to be flexible with extended work hours as necessary Positive attitude

Experience/Education
10+ years accounting experience CPA preferred

Bachelor’s Degree in Accounting or Finance Co Star  lease application experience preferred

Leadership Competencies Expected for this Role:

Evolving Leader Global Agility – Leads diverse teams, adapts amidst ambiguity

Purposeful Integrity – Leads with values, earns team’s trust, handles conflicts ethically

Strategic Foresight – Connects teamwork to business strategy

Customer Centric Innovation – Leads improvements rooted in customer needs

Urgency for Impact – Drive priorities forward with pace and purpose

Bold Accountability – Set high standards and model responsibility

Empowered Collaboration – Builds inclusive teams, collaborates across functions

Why Kontoor…