Sr. Manager, Rent Accounting

Bethesda, MD
Jun 18, 2021
Jun 20, 2021
Full Time
About HMSHost:HMSHost is a world leader in creating dining for travel venues. For over 120 years, we have used our experience and global reach to ensure that travelers are feeling good on the move by bringing a unique mix of local, regional, national and international food and beverage amenities to travel venues around the world.About the Role:The Sr. Manager - Rent is responsible for all aspects of landlord lease accounting. Interfaces with Operations Controllers to ensure the accuracy of the financial books and with Business Development and Legal to ensure compliance with contractual rent terms. This position is assessed with identifying and reducing potential balance sheet risk and exposure and is responsible for maintaining, developing and implementing accounting processes to ensure the integrity of financial data. Essential Functions:Serves as the primary technical accounting resource for all lease related matters.Serves as the company's expert on accounting pronouncements IFRS 16 and ASC 842.Leads lease reporting activities through technological savviness with extrapolating and interpreting data, and effectively informing the company Ensures the accuracy and integrity of the PeopleSoft Lease Administration (PSLA) software module and coordinates system updates with IT Group.Responsible for accurately and timely creating and amending leases on PSLA, and validating the accuracy and integrity of the sales mapping tables.Key contributor in the period closing process for the rent accounting area.Leads the preparation and review of rent expense budgets and forecasts for the company.Analyzes all rent expense accounts each period and reconciles balance sheet accounts to reduce risk and minimize exposure.Ensures the accuracy of the straight-line rent tables in PSLA and reconciles balances to general ledger on a periodic basis.Interfaces with Asset Management and External Reporting to ensure the accuracy of the IFRS conversion module when replacing USGAAP Lease Costs with Depreciation and Interest during the period close. Reporting relationship and other important information:This position requires interaction on a regular basis with Corporate Accounting and Systems personnel as well as field finance, branch leadership, and the Business Development and Legal teams. This is an exempt position and reports to the Sr. Director of Accounting. Minimum Qualifications, Knowledge, Skills, and Work Environment: Requires a Bachelor's degree in Accounting/FinanceRequires 5 years of relevant experienceAdvanced proficiency in Microsoft ExcelAdvanced reporting skills using PeopleSoft Query/nVisionStrong leadership and organizational skillsRequires the ability to manage multiple projects and tasks effectivelyRequires excellent problem solving skillsRequires strong oral, written and interpersonal skillsAll job requirements are subject to change to reflect the evolving position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees. This job description in no way states or implies that these are the only duties to which will be required in this position. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State Laws). Continued employment remains on an "at-will" basis.HMSHost is an equal opportunity employer, and does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.