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Senior Accountant, Capital Projects & Lease Transformation

Job in Oakbrook Terrace, DuPage County, Illinois, USA
Listing for: WORLDPAC
Full Time position
Listed on 2025-12-11
Job specializations:
  • Finance & Banking
    Financial Reporting
  • Accounting
    Financial Reporting, Senior Accountant
Salary/Wage Range or Industry Benchmark: 66000 - 88000 USD Yearly USD 66000.00 88000.00 YEAR
Job Description & How to Apply Below

Senior Accountant, Capital Projects & Lease Transformation

Join to apply for the Senior Accountant, Capital Projects & Lease Transformation role at WORLDPAC

About WORLDPAC

WORLDPAC is a recognized leader in the automotive aftermarket distribution industry, delivering premium products and innovative solutions across North America. As we navigate an exciting carve‑out from a public company, we’re building a modern, agile finance organization designed for the future.

Position Summary

As the Senior Accountant for Capital Projects & Lease Transformation, you will play a critical role in ensuring the accuracy, completeness, and compliance of our financial reporting. You will lead complex accounting activities across capital projects, fixed assets, and leases, applying the appropriate GAAP guidance — including ASC 360, ASC 350, ASC 842 and related capitalization rules.

You’ll partner closely with business and process owners to ensure operational efforts translate into accurate financial results while contributing to the modernization of our accounting processes and systems.

What You’ll Do
  • Lead all fixed asset and lease accounting activities in accordance with ASC 360, ASC 350, and ASC 842, including capital project tracking, capitalization, depreciation, and ROU asset management.
  • Ensure proper capitalization of costs by applying GAAP guidance and distinguishing between capitalizable and expensed expenditures (ASC 360, ASC 720/730, ASC 350, ASC 340-40 where applicable).
  • Oversee the month‑end close process for capital projects, fixed assets, and leases, ensuring timely and accurate journal entries, reconciliations, and financial reporting.
  • Manage the full lifecycle of fixed assets—capitalization, depreciation, impairments, adjustments, and disposals—in compliance with GAAP and internal policies.
  • Maintain accurate lease accounting records, including contract review, right‑of‑use asset and lease liability calculations, modifications, and disclosure preparation under ASC 842.
  • Partner with business process owners across operations, finance, and IT to ensure operational activities, project milestones, and contract data are accurately captured in asset and lease accounting systems.
  • Recommend, develop, and implement process improvements and automation initiatives to enhance efficiency, accuracy, and scalability within the fixed asset and lease accounting functions.
  • Prepare audit‑ready schedules, documentation, and support for internal and external audits, ensuring GAAP compliance and SOX control adherence.
  • Contribute to the development and enhancement of accounting policies, procedures, and internal controls supporting a modernized finance environment.
What You Bring
  • Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
  • 4+ years of progressive accounting experience, including substantial exposure to capital projects, fixed asset accounting, and lease accounting.
  • Strong working knowledge of ASC 360, ASC 350, ASC 842 and GAAP capitalization criteria.
  • Proven experience with month‑end close, reconciliations, and financial reporting for fixed assets and leases.
  • Ability to determine appropriate capitalization vs. expense treatment under GAAP for various project and asset types.
  • Excellent organizational, analytical, and problem‑solving skills with the ability to interpret data, identify trends, and propose improvements.
  • Strong communication and relationship‑building skills across departments and functional areas.
  • Proficiency in Excel, Word, Oracle Fusion, and CoStar.
  • Familiarity with automation tools, workflow enhancements, or process improvement initiatives is a plus.
  • Experience supporting internal/external audits and SOX compliance requirements.
Posted Salary Range

USD $66,000.00 – USD $88,000.00 /Yr.

Seniority level

Not Applicable

Employment type

Full‑time

Job function

Finance

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Position Requirements
10+ Years work experience
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