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Lease Accountant

Job in Lake Forest, Lake County, Illinois, 60045, USA
Listing for: Pactiv Evergreen Inc.
Full Time position
Listed on 2026-07-10
Job specializations:
  • Accounting
    Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 70000 - 90000 USD Yearly USD 70000.00 90000.00 YEAR
Job Description & How to Apply Below

Role Summary

The Lease Accountant is responsible for managing and accounting for all lease-related transactions, ensuring compliance with applicable accounting standards (ASC 842 / IFRS 16), and supporting accurate financial reporting and audit requirements.

Key Responsibilities
  • Lease Accounting & Reporting
    • Review and analyze lease agreements (real estate, equipment, etc.)
    • Determine proper lease classification and accounting treatment
    • Calculate and record lease liabilities, right‑of‑use (ROU) assets, amortization schedules, and interest expense
  • Journal Entries & Close Process
    • Prepare monthly lease‑related journal entries (rent expense, amortization, interest)
    • Support month‑end and quarter‑end close activities
    • Ensure all lease transactions are recorded accurately and timely
  • Reconciliations & Controls
    • Reconcile lease‑related GL accounts (ROU assets, lease liabilities, prepaid rent, deposits)
    • Maintain accurate lease subledger and supporting schedules
    • Ensure compliance with internal controls and SOX requirements
  • Lease Portfolio Management
    • Maintain lease database and ensure data accuracy
    • Track lease modifications, renewals, and terminations
    • Collaborate with Real Estate, Legal, Procurement, and AP teams to gather lease information
  • Financial Analysis & Support
    • Support budgeting and forecasting for lease‑related expenses
    • Provide variance analysis and reporting insights
Compensation

A reasonable estimate of the current range is $70,000 - $90,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all U.S. locations. Within the range, individual pay is determined by job‑related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.

Benefits

With safety as our top priority and a commitment to employee well‑being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well‑being resources focused on mental, physical and financial health. Specific benefits and well‑being programs may vary depending on where you work.

Equal Employment Opportunity

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law.

Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact

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