Senior Lease Accountant
REQ ID: 63476
LOCATION:
Bellevue, WA, US, 98008-2008
No matter who you are or where you come from, you are welcome here. At MOD, we embrace individuality, support human growth, and recognize the value in second chances.
Every day and in every store, we create a culture where individual spirits are celebrated. And as part of MOD, you will be empowered to provide that same experience for every single customer that walks through the door.
We're growing, with more than 400 locations across 28 states, and Canada. So we're always looking for people who demonstrate what we call the 4G's: Grit, Growth, Generosity, and Gratitude. You'll help us create a positive social impact in your community, making MOD an exciting place to eat and a place where others are inspired to bring about change. We call it Spreading MODnessR. Come be part of it.
Summary
The Senior Accountant position is focused on the preparation, reconciliation and analysis of MOD's lease portfolio under ASC 842 and serves as the team's subject matter expert on lease accounting. The ideal candidate is detail oriented, self-motivated and able to multitask in a fast-paced and growing business. Strong communication skills are a must, as is the ability to work well independently and as part of a team.
Key Responsibilities
Preparation of period-end close journal entries, reconciliations and schedules under ASC 842.
Manage the lease abstraction and validation process, including possessions, renewals and modifications.
Develop processes with cross-functional groups to support ongoing lease renewals and modifications within the portfolio.
Coordinate monthly rent payment requests, ad hoc payments and periodic reporting for percentage rent.
Prepare the quarterly lease footnote and related schedules used for external financing reporting.
Ownership of the store impairment process, including analysis of underperforming stores, preparation of discounted cash flow analysis and working with internal and external parties to determine fair market value of store locations.
Liaison with external auditors on all aspects of lease accounting.
Other ad hoc projects, including research projects on lease accounting policy as needed.
Basic Qualifications
Bachelor's degree in Accounting or Finance required
3+ years of similar, progressive experience in Accounting, month-end closing procedures, reconciliation, and financial statement preparation.
Strong understanding of US GAAP
Technologically savvy with excellent Excel skills
High degree of professionalism and integrity
Ability to effectively work with individuals and groups at all levels of the organization; ability to work independently and as part of a team.
Ability to effectively plan, organize and manage multiple priorities
Willingness to adapt to changing business needs and deadlines.
Preferred Qualifications
CPA license
Public Accounting experience
Lucernex experience
Physical Requirements
Office work involves remaining in a stationary position most of the time in front of a computer, using a keyboard, mouse and telephone. Regularly operate a computer and other office equipment. Occasionally move about the work site to access file cabinets, office equipment, etc. Exert up to 10 lbs. of force occasionally, and/or a negligible amount of force frequently or regularly move objects. Communicate and exchange information with co-workers and other individuals in person and electronically.
This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization
Want to help us spread MODnessTM? Apply today!
MOD welcomes people from all backgrounds and walks of life, and it's reflected in our largely diverse community of MOD Squaders. MOD is proud to be an equal opportunity employer and is committed to providing equal opportunity for all employees and applicants. MOD recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to race, color, religion, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law.
This Job Description is not intended to be all-inclusive. We all may be assigned other related duties as assigned to meet the ongoing needs of the organization.
PERKS
50% off your meals at MOD
Access to employee support & development
Awesome MOD swag: t-shirts, bandanas, stickers, etc.
COMMUNITY
Giving back is part of the MOD culture.
Throughout the year, you and other MOD Squad members have opportunities to give back to the community - what we call "Spreading MODness." This includes participating in fundraisers, packing meals for families struggling with hunger, and sponsoring other activities in your area.
Bridge Fund
We offer access to emergency support programs to help MOD Squad Members in need. Anyone can apply to access the Bridge Fund, which offers assistance when an unexpected hardship occurs. It's MODs helping MODs.
Apply now
