Lease Accountant
Lease Accountant
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Job Description
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23000 employees operating in over 150 countries Xylem is at the forefront of addressing the worlds most critical water challenges. We invite passionate individuals to join our team dedicated to exceeding customer expectations through innovative and sustainable solutions.
The Role:
The Lease Accountant will gather review and input real estate and equipment lease data into our lease accounting and management software application as well as extract data from the system used to perform monthend journal entry processing balance sheet reconciliations and other reviews of financial data.
Responsibilities:
- Coordinate with regional finance teams globally to obtain real estate and equipment lease contracts and supporting documents
- Critically review lease contracts to identify provisions with accounting impact
- Analyze lease contracts and cross reference to supporting documentation for consistency and accuracy of documentation
- Work with regional finance teams to timely and proactively resolve data integrity issues
- Enter new real estate and equipment leases and process updates for existing leases in the lease accounting and management software (CoStar)
- Prepare and analyze monthly lease validation and accounting reconciliation reports for distribution to regional finance teams
- Maintain and create new Excel macros used to generate monthly journal entries and standard reports
- Review data submissions from regional finance teams for completeness and accuracy and process updates in CoStar
- Generate and review monthly lease accounting entries for distribution to local accounting teams
- Assist in the preparation of quarterly/annual lease disclosure reports
- Assist in investigating and resolving lease accounting and reporting issues
- Maintain a monthly dashboard to monitor the status of regional/local team responses to various requests
- Prepare ad hoc reports as needed to support routine reviews accounting and financial reporting needs
- Work with the CoStar customer service team to resolve system issues as needed
- Assist with creating and maintaining procedural documentation and training materials
- Apply continuous improvement mindset and recommend process improvements
- Perform special projects and analyses as assigned by the Controller Corporate and Director of Technical Accounting and Reporting
Qualifications:
- Bachelors Degree in accounting or business related field
- Knowledge of generally accepted accounting principles (GAAP) lease accounting standards and internal control requirements
- Microsoft Office (Excel Word & PowerPoint) in particular strong skills in Excel with macros.
- Knowledge of OneStream Oracle and CoStar a plus
#LIJO2
Salary range:
$63600.00 $101800.00Join the global Xylem team to be a part of innovative technology solutions transforming water usage conservation and reuse. Our products impact public utilities industrial sectors residential areas and commercial buildings with a commitment to providing smart metering network technologies and advanced analytics for water electric and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
At Xylem youll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program Xylem Watermark. We prioritize our employees wellbeing through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace Xylem fosters an inclusive environment free from discrimination or harassment.
Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylems transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation
Employment Type
Full-Time
