Global Manager Lease Accounting presso Lkqcorp

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Responsible for managing the global lease process, including timely and accurate reporting, and ensuring adequate and proper financial reporting, adhering to US GAAP and internal controls.

Essential Job Duties

• Provide strategic leadership and oversight for the global lease accounting function, ensuring consistent application of ASC 842 and other relevant standards across all regions and entities.
• Own and maintain global lease accounting policies, procedures, and controls to ensure accuracy, compliance, and operational efficiency across the organization.
• Lead the review and interpretation of complex lease arrangements, providing technical accounting guidance and ensuring proper classification, measurement, and disclosure.
• Direct global lease accounting activities within the monthly, quarterly, and annual close cycles, including review and approval of journal entries, account reconciliations, and internal reporting.
• Oversee global lease schedules and the integrity of data within the Lease Accounting Application, ensuring alignment with contractual terms and accounting standards.
• Partner with cross-functional stakeholders (e.g., Real Estate, Legal, FP&A, Fleet and Logistics, IT) to ensure accurate lease data capture, contract compliance, and proactive support for business initiatives.
• Lead the preparation and review of lease-related financial disclosures and audit deliverables for external reporting and ensure timely response to internal and external audit requests.
• Manage a global team of lease accountants, providing coaching, performance feedback, and development opportunities to build a high-performing, knowledgeable function.
• Drive continuous improvement through process standardization, automation, and system enhancements; lead initiatives to streamline global lease accounting operations.
• Monitor emerging accounting guidance and industry best practices, assessing implications and leading implementation of updates to global policies and processes.
• Act as the primary point of contact for lease accounting matters with senior finance leadership, external auditors, and internal control functions.
• Serve as a subject matter expert in reviewing complex lease agreements and interpreting terms for proper accounting treatment.
• Support enterprise-level initiatives, including M&A and Divestiture transactions, ensuring lease accounting considerations are effectively managed.
• Champion a culture of accountability, accuracy, and continuous learning across the global lease accounting function.
• Assume other duties as assigned.

Supervisory Responsibilities

• Manage the work of others, including planning, assigning, scheduling, and reviewing work, ensuring quality standards. Responsible for hiring, terminating, training and developing, reviewing performance and administering corrective action for staff.

Minimum Requirements

Education & Experience

• Bachelor’s Degree in Accounting.
• 5+ years of related experience required; Fully competent professional; In-depth knowledge and experience.
• CPA certification.

Preferred Requirements  

• 3+ years supervisory experience.
• Experience with FinQuery Lease software.
• Experience in a corporate accounting environment.

Knowledge/Skills/Abilities

• Knowledge of U.S. GAAP and FASB regulations and procedures as they relate to accounting.
• Ability to formulate policy and document processes and procedures.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs.
• Frequent use of Outlook, Word, Excel, graphics, etc. Ability to create, maintain, and incorporate functions into Word documents, Excel spreadsheets, databases, and PowerPoint presentations to support business objectives.
• Frequently communicates complex information across departments and interacts with management. Can present, resolve, and address delicate situations. Can motivate and persuade others.
• Problems are varied and complex, requiring analysis or interpretation of the situation. Problems are solved using knowledge and skills, general precedents, and practices.
• Decisions impact the management and operations within a department or business unit. May contribute to business and operational decisions that affect the department.
• Provides and sets goals and priorities for the functional area. May make recommendations for department policies, practices, and programs. Makes decisions for and/or resolves problems for others.
• Handle multiple tasks or projects simultaneously with moderate complexity.

Essential Physical Demands/Work Environment  

• Work is primarily sedentary: must be able to sit for extended periods and use a computer, keyboard, and mouse, frequently.
• Travel may be required periodically, including overnight stays (contingent on position requirements).
• Must be able to lift up to 25 pounds.

Benefits:

• Health/Dental/Vision Insurance
• Paid Time Off
• 401k with Generous Company Match
• Company Paid Life Insurance and Long-Term Disability
• Short-Term Disability
• Employee Assistance Program
• Tuition Reimbursement
• Employee Discounts

Join us for an exciting career journey with positive, driven individuals.

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