Job Summary:
This position reports to the Lease Accounting Manager (LAC Team Leader) and is responsible for Lease accounting, monthly close duties, balance sheet and P&L analysis, account reconciliations, audit support and other projects as assigned.
Key Responsibilities:
• Determine classification of facilities and equipment leases (capital vs. operating).
• Determine lease term under ASC 842 and the Brinks lease accounting policy.
• Analyze and reconcile lease-related balance sheet accounts.
• Work with the countries to obtain new agreements/modifications/terminations/re-assessment events to account for.
• Review various contracts/agreements for determine of inputs needed to account for the lease in the lease tool.
• Execute established system of procedures and internal controls to accurately record the acquisition, changes, and disposition of Brinks leases.
• Analyze General Ledger accounts, reports, financials statements and assist in month-end close work.
• Communicate effectively with internal customers and internal/external auditors to answer questions and provide guidance related to leases.
• Assist with both internal and external audit including performing some self-testing on lease related transactions.
• Coordinate with the off shore Shared Services Team for accounting, reporting, and financial close matters.
• Assist with special projects on as needed basis.
Minimum Qualifications:
• Bachelors of Science Degree in Accounting.
• 2-4 years’ experience in Public Accounting
• Experience complying with/testing Sox controls.
• Intermediate proficiency level in Microsoft Excel.
• Experience with an ERP system like PeopleSoft and Oracle.
• Strong verbal and written communication skills.
Preferred Qualifications:
• CPA certified or Master’s degree in accounting a plus.
• Experience using Lease Accelerator or a different lease accounting tool.
• Experience accounting for leases under ASC 842.
• Oracle Financials.
• Demonstrated knowledgeable of the accepted accounting principles (FASB & GAAP).
Professional Skills:
• Experience with financial statement preparation for a multi-entity organization, month-end, journal entries, and experience in lease accounting and financial statement analysis.
• Exposure to budgeting and account reconciliations. Experience working with a fully integrated accounting system preferred.
• Experience engaging in process improvement initiatives.
• Experience improving the company’s internal controls in a Sox environment.
• Experience with GL operations and reporting chart of accounts, account reconciliation and analysis and internal financial reporting.
• Experience with Shared Services / off shore model.