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Specialist, Lease Accounting
<span class="jobdescription"><p><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Job Title:</strong> Specialist, Lease Accounting</span></p> <p><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><strong>Job Code:</strong> 37611</span></p> <p><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Job Location</strong>: Remote Opportunity</span></p> <p><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Job Schedule:</strong> 9/80: Employees work 9 out of every 14 days – totaling 80 hours worked – and have every other Friday off</span></p> <p><br><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Job Description</strong>:</span></p> <p><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">We are seeking an experienced <strong>Lease Accountant</strong> to manage and support the company’s lease accounting processes in compliance with applicable accounting standards, including <strong>ASC 842</strong> and/or <strong>IFRS 16</strong>. This role is responsible for the accurate recording, reconciliation, reporting, and analysis of lease-related transactions across the organization. The ideal candidate will have strong technical accounting knowledge, excellent analytical skills, and experience with lease accounting systems, ERP platforms, automation tools, and end-to-end accounting processes.</span></p> <p><br><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Essential Functions:</strong></span></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Manage the end-to-end lease accounting process for a portfolio of real estate and/or equipment leases.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Review lease agreements and abstracts to determine proper accounting treatment under <strong>ASC 842</strong> and/or <strong>IFRS 16</strong>.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Prepare and record monthly, quarterly, and annual lease accounting journal entries.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Maintain lease schedules, amortization tables, and right-of-use asset and lease liability calculations.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Reconcile lease-related general ledger accounts and investigate variances.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Support month-end, quarter-end, and year-end close processes related to lease accounting.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Ensure completeness and accuracy of lease data in the lease accounting system.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Assist with lease modifications, reassessments, renewals, terminations, and impairments.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Prepare 10-Q/10K SEC financial statement disclosures related to leases.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Support internal and external audit requests by providing documentation, schedules, and explanations.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Identify and support process improvements, including the use of <strong>automation tools</strong> to improve efficiency, accuracy, and control within accounting processes.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Assist in strengthening internal controls over lease accounting and related financial reporting processes.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Contribute to broader accounting operations and support cross-functional accounting activities as needed.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Perform ad hoc analysis and reporting as requested by management.</span></li> </ul> <p style="font-family:verdana, geneva, sans-serif;font-size:14.0pt"> </p> <p><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Qualifications:</strong></span></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Bachelor’s Degree and minimum 4 years of prior relevant experience. Graduate Degree and a minimum of 2 years of prior related experience. In lieu of a degree, minimum of 8 years of prior related experience.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">3+ years of accounting experience, with significant experience in lease accounting.</span></li> </ul> <p><br><span style="font-size:14.0pt;font-family:verdana, geneva, sans-serif;color:black"><strong>Preferred Additional Skills:</strong></span></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Strong knowledge of ASC 842 and/or IFRS 16.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience with general ledger accounting, reconciliations, journal entries, and financial reporting.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience managing accounting processes through the full accounting cycle.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Proficiency in Microsoft Excel, including complex formulas, pivot tables, and reconciliations.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">CPA or progress toward CPA preferred.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience with automation tools and process improvement initiatives within accounting or finance functions.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience with additional accounting areas such as Accounts Payable, Fixed Assets, Cash Accounting, or other general accounting functions.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience with ERP systems such as PeopleSoft, SAP, and/or Costpoint preferred.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience with lease accounting platforms such as CoStar Real Estate Management.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience in public accounting and/or large corporate accounting environments.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Familiarity with SOX controls and compliance requirements.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience working with large volumes of lease data across multiple business units or geographies.</span></li> <li style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black"><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:black">Experience supporting end-to-end accounting operations in a corporate environment.</span></li> </ul> <p> </p> <p><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt">In compliance with pay transparency requirements, the salary range for this role in California, Massachusetts, New Jersey, Washington, and the Greater D.C, Denver, or NYC areas is $73,000-$135,000. The salary range for this role in Colorado state, Hawaii, Illinois, Maryland, Minnesota, New York state, and Vermont is $63,500-$117,500. This is not a guarantee of compensation or salary, as final offer amount may vary based on factors including but not limited to experience and geographic location. L3Harris also offers a variety of benefits, including health and disability insurance, 401(k) match, flexible spending accounts, EAP, education assistance, parental leave, paid time off, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements.</span></p> <p><span style="font-family:verdana, geneva, sans-serif;font-size:14.0pt;color:white">#LI-NR1</span></p> </span>