Senior Manager Assets & Lease Accounting

Position: Senior Manager Fixed Assets & Lease Accounting
*
* POSITION SUMMARY:

** The Senior Manager Fixed Assets & Lease Accounting is a highly visible accounting leadership role overseeing fixed asset and lease accounting, leading a large team and ensuring accurate, timely financial reporting, strong internal controls, and audit readiness. The incumbent serves as the business owner for asset and lease accounting systems, plays key role in transformation initiatives, process standardization, automation, and system optimization to improve scalability and efficiency, as well as partners across Corporate Accounting, FP&A, Tax, IT, and Operations to support enterprise initiatives and business growth.

** PRINCIPAL RESPONSIBILITIES:*
* + Owns and oversees accounting and reporting for fixed assets and leases, ensuring compliance with U.S. GAAP, internal policies, and maintaining data integrity across subledgers and ledgers for accurate financial reporting.

+ Manages the entire capital asset lifecycle, including construction/acquisition, capitalization, depreciation, transfers, impairments, and disposals, while ensuring timely capitalization of Construction-in-Progress (CIP) and completed projects.

+ Assesses and determines appropriate capitalization versus expense treatment and lease classifications, ensuring adherence to accounting standards and policies.

+ Oversees period financial close activities related to fixed assets and leases, including reviewing and approving reconciliations, analyses, journal entries, and financial reporting deliverables to ensure an accurate and timely period, quarterly, and year-end close.

+ Collaborates closely with Compliance and Internal Audit to maintain an effective, audit-ready internal control environment, addresses control gaps, and recommends or implements new controls as needed.

+ Establishes, maintains, and enhances accounting policies and procedures for fixed assets and leases, communicates updates to internal teams, and serves as the primary contact for internal and external auditors, managing requests and remediation of findings.

+ Partners with FP&A, Tax, Operations, and Corporate Accounting to support forecasting, budgeting, financial analysis, and executes ad hoc analysis, providing recommended solutions that drive business decision-making and operational performance.

+ Serves as business owner for fixed asset and lease accounting systems, overseeing data governance, and reporting outputs; partners with IT and cross-functional teams to evaluate, implement, and optimize tools, modules, or technologies impacting fixed asset and real estate accounting.

+ Serves as subject matter expert on transformation initiatives related to fixed asset and lease accounting processes and related applications, ensuring effective design, data integrity, and adoption across the organization.

+ Identifies and implement opportunities to improve efficiency, accuracy, and scalability through standardization, automation (including AI adoption), and continuous improvement to support enterprise growth and deliver measurable results.

+ Leads, mentors, and develops a high-performing team responsible for fixed asset and lease accounting across the enterprise; fosters a culture of accountability, empowerment, collaboration, continuous improvement, and operational excellence.

+ Establishes clear performance expectations, provide ongoing feedback, coaching, and support for team members' capability development and professional growth; oversees hiring, onboarding, and succession planning for departmental roles.

+ Performs other job-related duties as assigned or apparent.

*
* QUALIFICATIONS:

*
* + Working knowledge of U.S. GAAP, with expertise in fixed asset and lease accounting.

+ Strong understanding of internal controls, SOX compliance, and audit processes.

+ Proven leadership experience managing teams in high-volume environments.

+ Experience leading process improvements, system implementations, and transformation initiatives.

+ Excellent written and verbal communication skills.

+ Ability to influence, build consensus, and drive alignment across multiple organizational levels.

+ Strong process improvement and operational excellence mindset.

+ Ability to manage…