Manager Lease & Technical Accounting

$107,000 - $120,000/Yr

The Hertz Corporation - Oklahoma City, OK

Full-time - Mid Level

Oklahoma City, OK

5,001-10,000 employees

Rental and Leasing Services

About the position

The Technical and Lease Accounting Manager will lead the Company's lease accounting function and will also assist the Company's technical accounting function with researching the accounting for various transactions including but not limited to debt offerings, securitizations, derivatives, and customer and supplier contracts. This role is critical in ensuring compliance with U.S. GAAP, internal controls, and company policies and procedures for accurate and timely reporting. The manager will oversee lease accounting operations, including legal document review, classification testing, and measurement/remeasurement, while directly supervising and coaching staff to assist in their professional development. In addition to lease accounting, the manager will consult with internal business partners on various transactions to ensure proper accounting and reporting treatment. They will inform and consult with management on new accounting and regulatory standards, assist with the review of the Company's external financial reporting documents, and research technical accounting matters. The role requires effective communication of policy and technical matters to the organization, including senior management, and interaction with internal and external auditors on technical accounting and reporting matters.

Responsibilities

• Manage lease accounting close and reporting processes, ensuring compliance with U.S. GAAP, internal controls, and company policy and procedures for accurate and timely reporting.
• Manage lease accounting operations and activities including legal document review, classification testing, measurement/remeasurement.
• Directly supervise/coach staff and assist in their professional development.
• Review journal entries, balance sheet account reconciliations, roll forwards, flux analyses, and disclosures to ensure accurate and timely processing of financial transactions and reporting.
• Research and analyze issues and inquiries and provide guidance to staff when resolving issues.
• Consult with internal business partners on transactions to ensure proper accounting and reporting treatment.
• Inform and consult with management on new accounting and regulatory standards (e.g. SEC, and FASB).
• Assist with the review of the Company's external financial reporting documents, including Forms 10-Q, 10-K, S-1, 8-K, Prospectus and Prospectus Supplements.
• Research technical accounting and reporting matters and author accounting memos and research papers.
• Communicate policy and technical matters to the organization, including senior management.
• Interact with internal and external auditors on technical accounting and reporting matters.

Requirements

• Bachelor Degree in Accounting required
• Certified Public Accountant (CPA) required
• Four to six years of progressive accounting experience
• Strong knowledge of US GAAP and SEC regulations
• Excellent written and oral communication skills
• Commitment to process improvement
• Ability to work in a fast-paced environment and adapt to changing priorities and needs of internal and external stakeholders
• Ability to effectively interact with internal and external auditors
• Strong leadership experience, including excellent interpersonal skills
• Excellent problem solving and analytical skills

Nice-to-haves

• Audit firm experience preferred
• ASC 842 lease accounting experience preferred
• Prior experience with enterprise general ledger accounting systems (Oracle Cloud preferred)
• Prior experience with CoStar or similar lease software preferred
• A team player, adept at building relationships across the organization

Benefits

• 40% off the base rate of any standard Hertz Rental
• Paid Time Off
• Medical, Dental & Vision plan options
• Retirement programs, including 401(k) employer matching
• Paid Parental Leave & Adoption Assistance
• Employee Assistance Program for employees & family
• Educational Reimbursement & Discounts
• Voluntary Insurance Programs - Pet, Legal/Identity Theft, Critical Illness
• Perks & Discounts -Theme Park Tickets, Gym Discounts & more