Responsibilities
- Manage the timely execution of the lease close process, including month-end reviews and variance analysis.
- Supervise monthly reconciliations to guarantee financial statement accuracy and completeness.
- Produce monthly and quarterly lease reports for corporate stakeholders.
- Maintain accurate and complete lease data within CoStar, the global leasing platform.
- Determine proper accounting treatment for new or amended lease agreements, including classification assessments.
- Conduct quarterly evaluations of leases for potential impairment indicators and record necessary adjustments.
- Ensure correct accounting for associated real estate expenses such as service fees, utilities, taxes, and property damages.
- Provide Finance and Operations teams with reliable reports and on-demand analysis to support business decisions.
- Prepare lease-related disclosures for 10K and 10Q filings.
- Compile statutory financial disclosures for multiple legal entities.
