A Lease Accountant facilitates lease payments, reviews lease transactions and serves as a liaison for addressing landowner inquires, and performs monthly recording. The job description is responsible for gathering, reviewing, and inputting project data into the software. Other major tasks are mentioned on the Lease Accountant Resume as – assisting with the set-up of all new leases and validation of lease data and attributes; gathering and verifying cross-functional data into the lease management tools; recording monthly lease journal entries and completing account reconciliations; initiating lease payments and ensuring it is processed completely, and preparing ad hoc reports.
Candidates with the following qualifications are normally preferred – knowledge of generally accepted accounting principles; high-level proficiency with MS Office Products; prior accounting and reconciliation experience, and experience with lease administration database systems and accounting systems. An accounting degree is commonplace among job applicants.
Summary : Offer over fifteen years of combined experience in accounting, customer support, administrative leadership, and lease processing. Considerable knowledge of the banking industry, office products, time management, technology, communication, professional development, and organizational management. Expert in problem resolution, analytical reasoning, consulting, communication, and financial management.
Partnered with lessors for efficiency and expediency in lease fulfillment.
Coordinated the return of all equipment upon lease expiration.
Requested buyout information at the conclusion of lease agreements.
Prepared all equipment for lease analysis reports (capital versus operating) based on GAAP and FASB 13 requirements.
Updated all quarterly process documents for accuracy.
Transferred purchased equipment to fixed assets team at the end of lease period according to approved capital expenditure requests.
Experience
10+ Years
Level
Senior
Education
Master In Accounting
Lease Accountant Resume
Headline : Overhauled a program for a publicly-traded company after a professional audit detected errors. Examined and reviewed every lease in the system, corrected and ensured that all information in the program was accurate. In less than 6 weeks, had corrected all information in the system, identified issues that caused the corruption of information, prevented the company from having to pay fines and lose leases.
Skills : Accounting, Financial Analysis, Information Technology.
Description :
Managed TX, MN, Chicago, AZ, N.VA, DC, Philadelphia (Comcast, Navy yard), S.
Reconciled financial discrepancies by collecting and analyzing account information.
Guided accounting clerical staff by coordinating activities and answering questions.
Substantiated financial transactions by auditing documents.
Maintained accounting controls by preparing and recommending policies and procedures.
Reconciled the balance in the accounts receivable subsidiary ledger to the summary-level account in the general ledger.
Used Pivot table to Analyze data more flexibility and effetely.
Experience
5-7 Years
Level
Management
Education
BS In Accounting
Lease Accountant Resume
Objective : To establish a long-term career in a company where I may utilize my Lease Accountant professional skills and knowledge to be an effective Associate Program Manager and inspiration to those around me.
Skills : Quickbooks, Bilingual.
Description :
Performed revenue reporting, Supervision of 10 employees.
Created lease reconciliation database.
Responsible for bank account and lease mapping.
Coordinated collection department; setup, staffing, and execution.
Provided collection of lease fees from 432 real estate boards in US.
Researched variances in lease collections for reporting to National Cooperative Bank.
Calculated and reported of individual Multi-Listing Service Boards loan payoff amounts to the Sales department for buyout to facilitate product upgrades.
Experience
2-5 Years
Level
Junior
Education
MS
Lease Accountant Resume
Objective : Seeking a Lease Accountant position with an outstanding career opportunity that will offer a rewarding work environment along with a winning team that will fully utilize management skills.
Prepared tenant profiles on existing leases into MRI database and opening letters for new tenants.
Set up monthly charges for new tenants.
Prepared tenant account reconciliations.
Prepared monthly overage rent calculations, invoices, and adjustments.
Answered questions tenants may have regarding their accounts and invoices they receive.
Prepared recovery profiles for all new tenants in the corresponding database.
Prepared year-end invoices and backup for recoverable items.
Experience
2-5 Years
Level
Executive
Education
Master Of Business Administration
Lease Accountant Resume
Summary : Processing and reviewing all accounts payable. Responsible for preparing monthly check requests for contracted vendors, Assisting with the month-end process and cost report preparation, Performing a variety of tasks, and also Working under general supervision.
Skills : Peoplesoft, Quattro, Report Manager, Onespace, Ms. Word.
Description :
Responsible for ensuring accurate reporting of expenses for top 12 US markets; including cash requirements reports for base payments and percentage of revenue payments.
Set up new lease agreements and accruals in Quattro to pay according to any lease agreement terms.
Completed transactions for any modifications to ownership, renegotiations, payment adjustments, and takedowns.
Must be completed in a timely manner to meet SLA requirements.
Analyzed all contracts to ensure lessors are paid in a timely manner and accurately.
Updated any modifications to leases which include addendums and agreements.
Audited existing lease agreements to ensure accuracy of payments.
Experience
10+ Years
Level
Senior
Education
BA
Lease Accountant Resume
Headline : Experienced and diverse professional with skills in accounting, revenue budgeting, collections, and management. Possess strong commitment to team environment dynamics with the ability to contribute expertise and follow leadership directives. Attentive to detail and produces quality results, takes initiative, and skilled at meeting challenges and deadlines.
Skills : Planning Skills, Communication Skills.
Description :
Varied according to the numerous changes in the company structure.
Assisted in preparation & analysis of many aspects within property/capital budgeting and forecasting across a portfolio of up to 37 outlet centers.
Closely involved in month-end/year-end closing process and review of financial statements.
Provided support to outside firms including banks, insurance companies, general contractors, vendors, and utility providers.
Liaisoned between several departments including Accounts Payable, Accounting, Lease Accounting, Marketing, Human Resources, Operations, and Executive staff.
Communicated with lenders on loan requirements and escrow draw requests.
Developed user-friendly budget template for General Managers to interact directly with the process.
Experience
5-7 Years
Level
Executive
Education
MS
Lease Accountant Resume
Objective : Continuously providing feedback and resolution to 3rd party abstractors. Specific responsibilities include providing daily feedback and clarifications on abstractions and guidance to adhere to accounting deadlines.
Skills : Microsoft Office, SAP, Oracle, MAS 90, As400, Lotus Notes.
Description :
Analyzed and approved landlord billings for 200 Borders Books and Music stores and performed monthly reviews of accrued rent and real estate tax liabilities.
Conducted audits of landlord billings against lease provisions.
Developed recommendations and communicated them to senior management.
Acted as an advisor to the training department and evaluated proposed operating policies.
Assisted external auditors during year-end financial reviews.
Conducted compliance/operational store audits, prepared preliminary reports, and communicated results to management.
Performed quality assurance reviews of store audit work papers and edited corresponding reports ensuring compliance with department and internal audit standards.
Experience
2-5 Years
Level
Junior
Education
BA
Lease Accountant Resume
Objective : Highly organized and detail-focused with an exceptional track record of accurately handling financial reporting in deadline-oriented environments.
Skills : Microsoft Word, Exel, and Powerpoint, Lease accounts, Lease management.
Description :
Knowledged and prepared month-end, quarterly, and yearly closings.
Conducted physical inventory audits and reviewed variance reports for legitimacy.
Assisted in the monthly preparation of ASC 842 lease entries and related reporting.
Worked closely with property management group to ensure completeness and accuracy of lease population.
Assisted in implementation, maintenance, and improvements on internal controls as they pertain to leases.
Became a subject matter expert on ASC 842.
Worked well in a deadline-intensive environment.
Experience
2-5 Years
Level
Executive
Education
MBA
Lease Accountant Resume
Objective : As a Lease Accountant, responsible for Reviewing, revising, and approving 3rd party-prepared abstractions for amendments, new leases, extensions, options, rent relief, assignments, storage units, and pylon signs.
Skills : Jd Edwards, Timberline, SAP, Oracle, SAS, One site, Microsoft Office.
Description :
Monitored the bank statement for ACH debit and credit rejects for NSF processing or inaccurate account info.
Processed all funding, debits, and refunds for all vendors and ACH debits on vendors as well.
Prepared and processed lockbox and incoming checks through the mail.
Processed the ACH billing cycles for all accounts in leasing on a weekly basis.
Processed the removal, buyback, upgrades, settlements, and payoff of leases.
Knowledged and prepared month-end, quarterly, and yearly closings.
Worked with branches to ensure the correct documents are accurate and up to date in Quattro.
Prepared roll forwards and account reconciliations as they relate to leases.
Experience
2-5 Years
Level
Executive
Education
GED
Lease Accountant Resume
Summary : Over 30+ years of management and accounting experience. Adept at being productive in fast-paced environments demanding strong organizational, management, and collaborative skills - reinforced with proficiency in Microsoft Office applications. Detail-oriented and resourceful in completing tasks and able to multi-task effectively.
Skills : Microsoft Word, Managing Skills.
Description :
Performed daily, weekly, monthly, and annual accounting processes to accurately record lease revenue for financial reporting (on what system).
Obtained and tracked monthly and annual sales reports for tenants.
Reconciled and billed tenants for annual Real Estate Tax and Common Area Maintenance Reconciliations for Multi-Site Operations consisting of 23 Shopping Centers over 3 million SF.
Reviewed lease abstracts and lease documentation and verified all pertinent information.
Acted as the liaison between the company and the attorneys to assist with evictions and other legal matters.
Prepared Balance Sheets, account reconciliations, and analysis in the Yardi system.
Invoiced tenants based upon lease terms including but not limited to minimum rents, percentage rents, etc.
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