Lease Accounting Manager

Unclassified - Houston, TX

Full-time - Mid Level

Remote - Houston, TX

About the position

This position is responsible for the design, development, and delivery of the Lease Accounting strategy and process performance outcomes for LyondellBasell's global organization. Reporting to the Global Process Owner, the role includes leadership of the Lease Accounting shared service team and accountability for the end-to-end process design and performance of Lease Accounting elements, ensuring alignment with the overall Record to Report (RTR) strategy.

Responsibilities

• Lead and mentor direct reports in delivering efficient and effective Lease Accounting solutions in accordance with corporate policies and legislative requirements.
• Responsible for all lease determination and classification conclusions under US GAAP and IFRS.
• Manage the lease accelerator tool, including master data updates, accuracy of calculations, and output journal entries into the ERP system.
• Build, maintain, and update global corporate lease accounting policies and asset tracking/management procedures.
• Reconcile lease accounting data from the lease accelerator module to the ERP system and ensure completeness in the lease accounting process.
• Develop and maintain management reporting and KPIs for the lease accounting function.
• Prepare and maintain quarterly and annual lease accounting reporting packages to support regulatory filings under US GAAP and IFRS.
• Act as the focal point for internal and external audit relating to lease accounting.
• Drive effective cross-functional teams to establish and embed continuous improvement opportunities in the Lease Accounting process.
• Build and manage a high-performing global team with appropriate recruitment plans and performance management processes.
• Deploy and manage strategic discussions with customers regarding service offerings and performance transparency.
• Establish a process to identify issues, perform root cause analysis, and implement mitigation plans.
• Identify and prioritize process improvement initiatives.
• Final approver for all SEC and IFRS lease accounting related information before submission.
• Develop and roll-out process goals and align job performance roles and responsibilities accordingly.
• Create and track process performance indicators and metrics against benchmarks.
• Implement and maintain appropriate accounting procedures and process controls in compliance with Sarbanes Oxley and corporate policies.
• Establish and monitor a process budget to ensure appropriate resource allocation.

Requirements

• Bachelor's degree required.
• Typically seven (7) years of relevant lease accounting/finance experience.
• Previous public accounting experience required.
• Supervisory experience in a fast-paced, dynamic, and deadline-driven environment.
• Strong technical knowledge of US GAAP and IFRS accounting principles.
• Experience in optimizing or redesigning existing processes and driving continuous process improvements.
• Experience with Internal Controls and SOX/404 requirements.
• Strong computer skills with advanced knowledge of financial systems and software.
• Excellent interpersonal and communication skills.

Nice-to-haves

• Big 4 Public Accounting experience preferred.
• Finance Professional certification (e.g. CPA, CIMA) is highly desirable.
• Experience with SAP, Lease Accelerator, and One Stream preferred.
• Knowledge of configuration, design, and testing of SAP asset module and/or project systems module.
• Demonstrated experience operating in a metric-driven environment preferred.

Benefits

• Competitive total compensation package including base pay and variable incentive pay programs.
• Global Remote Work Policy allowing up to three days a week from home.
• 401(k) Plan with Company Match.
• Retirement (Pension) Plan.
• Employee Stock Purchase Plan.
• Educational Assistance.
• Choice of Preferred Provider or Consumer Driven Medical Plan including Prescription Drug Coverage.
• Dental, Vision, and Employee Assistance Program.
• Flexible Spending Accounts.
• Life, AD&D, and LTD Insurance.