<p>We are looking for a detail-oriented Lease Accountant to join we well known and reputable organization based in Las Vegas, Nevada. The lease accountant is pivotal in ensuring accurate financial reporting, managing lease-related transactions, and maintaining compliance with ASC 842 standards. The ideal lease accountant will bring expertise in lease accounting, general ledger reconciliations, and journal entries while demonstrating a strong commitment to precision and timeliness. Accountants with prior lease accounting experience (ASC 842) and a solid background in Accounting GL are encouraged to apply. </p><p><br></p><p>Responsibilities for the Lease Accountant: </p><p>• Analyze and interpret lease agreements to extract critical details such as rent terms, escalations, and renewal options.</p><p>• Maintain and update lease data within the accounting system to ensure compliance with ASC 842.</p><p>• Prepare monthly journal entries, including adjustments for straight-line rent and lease liability amortization.</p><p>• Reconcile lease-related accounts and promptly address discrepancies to ensure accuracy.</p><p>• Process monthly rent payments, including base rent, percentage rent, and additional charges.</p><p>• Validate landlord invoices against lease terms to ensure accurate billing.</p><p>• Generate monthly and quarterly lease reports for management and auditing purposes.</p><p>• Support external audits by providing schedules, documentation, and detailed analysis.</p><p>• Collaborate with stakeholders to ensure alignment with contractual obligations and financial reporting standards.</p>

• Minimum of 3 years of experience in lease accounting or a related field.<br>• Proficiency in preparing journal entries and performing general ledger reconciliations.<br>• In-depth knowledge of ASC 842 and lease agreement terms.<br>• Strong skills in deferred rent calculations and amortization processes.<br>• Experience with month-end close procedures and balance sheet reconciliations.<br>• Familiarity with Oracle or similar accounting systems.<br>• Ability to analyze and interpret lease documents with a high level of accuracy.<br>• Exceptional attention to detail and organizational skills.

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