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Associate Accounting Manager - Leasing

Company: Campbells
Location: Camden
Posted on: October 16, 2020

Job Description:

Imagine...working for a company that knows that its people are the key to its success in the marketplace. A company in which achieving extraordinary results and having a stimulating work experience are part of the same process.

We cultivate and embrace a diverse employee population. We recognize that people with diverse backgrounds, experiences and perspectives fuel our growth and enrich our global culture.

We are looking for an individual who enjoys working in a fast-paced, team oriented environment, likes to be challenged, and values the opportunity to make a difference.

Associate Accounting Manager - Leasing

Summary:

This role is primarily responsible for the ongoing administration of the new lease accounting standard (ASC 842). This includes:

* Oversight of monthly journal entries and account reconciliations;

* Coordination with procurement and other stakeholders on a frequent basis to ensure all new leases and lease modifications are received timely for evaluation;

* Review of new leases and lease modifications to abstract and validate key data;

* Preparation of materials for quarterly balance sheet reviews and/or disclosures;

* Provide lease accounting support as a subject-matter expert to procurement, real estate, controllers, and other stakeholders;

* Coordinate audit requests from both internal and external auditors for lease related accounting and disclosures (annually and quarterly); and

* Drive process improvement by leveraging technology solutions (BlackLine, CoStar, etc.).

To be successful in this role (and to pivot that success into another opportunity) requires thought leadership as an SME and the ability to adapt quickly. It also requires the ability to teach others, to document processes and to find practical/sustainable resolutions to challenges.

Critically important for this position:

* Having a strong understanding of U.S. GAAP, preferably including knowledge of ASC 842, Leases;

* Taking ownership over tasks and processes;

* Having a continuous improvement mindset (identifying opportunities, proposing solutions and executing corrections);

* Being a confident self-starter who can architect paths forward independently;

* Being comfortable in an ever-changing environment and willing to be flexible as priorities shift;

* Paying attention to detail;

* Excellent written and verbal communication skills;

* Time management skills - prioritization is key; and

* The ability to interact well with a diverse set of team members, external partners, auditors, etc. (adjusting to your audience).

Primary Responsibilities:

* Oversee the accounting, controls, and processes for lease accounting under ASC 842, Leases company wide.

* Collaborate with the Campbell Snacks lease accounting team regularly to ensure accuracy of lease accounting.

* Own processes and controls to ensure completeness of lease population.

* Review and approve lease records within the lease accounting tool (CoStar).

* Review journal entries for accuracy and in a timely manner during close.

* Prepare/review account reconciliations & lease rollforwards, ensuring accuracy and quality.

* Prepare/review quarterly lease accounting disclosure. Collaborate with Controllers to ensure accuracy of the lease accounting disclosure.

* Independently research ad hoc technical accounting questions and document impact to Campbell in a clear and concise manner

* Identify continuous improvement opportunities and drive change by leveraging technology; Manage junior team member through the change.

* Troubleshoot issues within the lease accounting tool; work directly with CoStar contacts to resolve.

* Educate key stakeholders within the business on the lease accounting standard and Campbell policies.

* Assist with internal and external audits through coordination of requests and implementation of follow-up actions.

Primary People Management Responsibilities:

* Supervise a junior team member responsible for lease accounting processes, controls, and financial reporting.

* Educate the junior team member and Snacks accounting team on the technical aspects of the lease accounting standard.

* Maintain a consistent focus on talent development and performance management.

* Hold team member accountable to objectives and monitor his/her performance through metrics.

Requirements:

* Bachelor's degree in accounting or finance required.

* 6-8 years of relevant accounting experience required.

* CPA certification required.

* Strong knowledge of US GAAP and SEC requirements.

* Hands-on experience with ASC 842, Leases strongly preferred.

* Demonstrated leadership skills.

* Highly motivated and proactive in problem solving.

* Ability to work flexible hours to meet deadlines and business demands preferred.

* Experience with SAP, Blackline, and/or CoStar a plus.

CSC1

The Company is committed to providing equal opportunity for employees and applicants in all aspects of the employment relationship, without regard to race, color, sex, sexual orientation, gender identity, national origin, citizenship, marital status, veteran status, disability, age, religion or any other classification protected by law.

In that regard, U.S. applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Keywords: Campbells, Camden , Associate Accounting Manager - Leasing, Other , Camden, New Jersey

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