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Senior Accountant - Lease Accounting
The Senior Lease Accountant is a key member of the Accounting Operations Team as part of the global center of excellence for lease accounting and reporting. This role will be responsible for driving and improving the process to capture, assess, and record new or modified leases within CoStar, the Company's global lease accounting tool. This individual will also contribute to the global lease process and identify continuous improvement activities for the lease center of excellence and with the external reporting and SOX teams. Additionally, this position will provide a broad range of support to the corporate and global finance and accounting teams, and other key members of the organization. This position is an individual performer role and reports to the Senior Manager - Lease Accounting.
What You'll Do:
Evaluate and manage accounting components of the lease portfolio for the global segments, such as extensions, amendments, or terminations, through lease administration software, and calculate intangible asset amortization and capitalized overhead.
Facilitate period-end closings by ensuring the accurate and timely completion of all lease accounting team responsibilities.
Prepare journal entries, account reconciliations, balance sheet rollforwards, and account analyses as it relates to leases, with appropriate SOX documentation and support when required.
Analytically review and understand monthly lease expense for the assigned segments, working with the FP&A team to assess actuals against budget.
Ensure that lease transactions are recorded accurately, timely, consistently, and within Company policy.
Collaborate on the maintenance of global lease policies, as well as evaluation of contracts that may contain leases
Maintain a centralized document repository, collaboratively working with functional teams such as real estate, procurement and other significant sources of new or renewed leases to determine an effective and efficient process. Coordinate, as necessary, with 3rd party vendors on implementation & abstraction.
Support other departments such as Corporate Tax and Fixed assets with reporting, audits and annual fixed asset / lease physical inventories.
Assess leases for impairment triggers and perform appropriate impairment tests when necessary. Assist with preparation of appropriate supporting documentation for conclusions.
Ad hoc projects assigned by senior management including analysis of business operations, management reporting, CoStar enhancement testing, procure-to-pay process linkage to lease liability releases, or other accounting and finance related matters.
What You'll Need:
Where You'll Work:
What You Can Expect:
Univar Solutions is a leading, global distributor of chemicals and ingredients essential to the safety, health, and wellbeing of our daily lives from life-saving medicines and vitamins to hand sanitizers and industrial materials used for cleaning, construction, and more. Our global team of more than 10,000 employees support our vision to redefine distribution and be the most valued chemical and ingredient distributor on the planet!
We offer a Total Rewards package that includes market aligned pay and incentives as well as a diverse benefits offering to support our employees' physical, emotional, and financial wellbeing.
Univar Solutions supports sustainable solutions for the world around us so that we can do our part to help keep our communities healthy, fed, clean, and safe!
We are committed to a diverse workforce and a culture of inclusion. Together, we are building a culture that acknowledges the unique experiences, perspectives and expertise of individuals and provides the development and growth opportunities to empower us to redefine our industry.
Univar Solutions is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against based on their race, gender, sexual orientation, gender identity, religion, national origin, age, disability, veteran status, or other protected classification.