Lease Accounting Manager

LyondellBasell Industries - Houston, TX

Full-time - Mid Level

Remote - Houston, TX

Chemical Manufacturing

About the position

The Lease Accounting Manager is responsible for the design, development, and delivery of the Lease Accounting strategy and process performance for the organization. This role involves leading a team to ensure compliance with US GAAP and IFRS, managing lease accounting tools, and developing corporate policies. The manager will also oversee the reconciliation of lease accounting data, prepare reporting packages, and drive continuous improvement across cross-functional teams.

Responsibilities

• Lead and mentor direct reports in delivering efficient Lease Accounting solutions.
• Responsible for lease determination and classification conclusions under US GAAP and IFRS.
• Manage the lease accelerator tool, including master data updates and accuracy of calculations.
• Build, maintain, and update global corporate lease accounting policies and procedures.
• Reconcile lease accounting data from the lease accelerator module to the ERP system.
• Develop and maintain management reporting and KPIs for the lease accounting function.
• Prepare quarterly and annual lease accounting reporting packages for regulatory filings.
• Act as the focal point for internal and external audits relating to lease accounting.
• Drive cross-functional teams to establish continuous improvement opportunities in Lease Accounting processes.
• Build and manage a high-performing global team with appropriate recruitment plans.
• Manage a culture of performance within the team, ensuring timely performance reviews and feedback.
• Deploy and manage strategic discussions with customers regarding service offerings and objectives.
• Establish a process to identify issues and perform root cause analysis.
• Identify and prioritize process improvement initiatives.
• Final approver for all SEC and IFRS lease accounting related information before submission.
• Create and track process performance indicators and metrics.
• Develop and implement accounting procedures and process controls in compliance with Sarbanes Oxley.
• Establish and monitor a process budget to allocate resources effectively.

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 environment.
• Strong technical knowledge of US GAAP and IFRS accounting principles.
• Experience in optimizing or redesigning existing processes.
• Experience with Internal Controls and SOX/404 requirements.
• Strong computer skills with advanced knowledge of financial systems.

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.

Benefits

• Competitive total compensation package including base pay and variable incentive pay.
• 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.
• Dental, Vision, and Employee Assistance Program.
• Flexible Spending Accounts.
• Life, AD&D, and LTD Insurance.