Senior Accountant - Lease Accounting
Company: Penske
Location: Reading
Posted on: October 17, 2024
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Job Description:
Position Summary: The Penske Senior Accountant will collaborate
with the business, focusing on the administration, accounting, and
reporting of the Partnership's leases. This position will work
closely with various departments including Real Estate, Foreign
Affiliates, IT, and others within Controllership, offering support
and expertise. This position has responsibility for reviewing
financial statements, recording journal entries, completing
variance reporting, and identifying cost recovery/process
improvement opportunities. Major Responsibilities: A liaison with
the business to evaluate, administer, account, and report on leases
by applying Penske's lease accounting policies and Generally
Accepted Accounting Principles (GAAP). Provide support in the
evaluation of contracts as well as maintain and update Penske's
lease accounting records for new lease transactions, modifications,
and terminations. Reconcile, analyze, and review general ledger
accounts in preparation for month end close. Prepare and analyze
reports that support Penske's internal and external reporting,
including footnote disclosure. Provide expertise and guidance to
general inquiries regarding Penske's lease accounting policies as
well as related GAAP. Investigate material, sometimes complex,
balance sheet fluctuations, and document differences for
management. Prepare process measures to monitor sources that feed
general ledger. Reconcile sub-system to general ledger to provide
support for balance sheet accounts. Provide support for special
projects, ad hoc requests, and other duties as assigned. Develop
and drive process improvements. Establish rapport and build
cooperative working relationships with relevant internal and
external parties. Other tasks as assigned by Manager.
Qualifications: At least 3 years experience in the field of
accounting required. Bachelor's degree in Accounting required.
Public accounting experience and/or CPA, CMA, MBA preferred.
Experience with AS400, Onestream and/or Tririga preferred. Strong
analytical skills. Strong oral and written communication skills.
Strong team player and self-driven individual. Ability to
multi-task and meet reporting requirement deadlines. Proficiency in
the use of Microsoft Outlook, Word, Excel, Access, and PowerPoint
required. Physical Requirements: -The physical and mental demands
described here are representative of those that must be met by an
associate to successfully perform the essential functions of this
job. Reasonable accommodations may be made to enable individuals
with disabilities to perform the essential functions. -The
associate will be required to: read; communicate verbally and/or in
written form; remember and analyze certain information; and
remember and understand certain instructions or guidelines. -While
performing the duties of this job, the associate may be required to
stand, walk, and sit. The associate is frequently required to use
hands to touch, handle, and feel, and to reach with hands and arms.
The associate must be able to occasionally lift and/or move up to
25lbs/12kg. -Specific vision abilities required by this job include
close vision, distance vision, peripheral vision, depth perception
and the ability to adjust focus. Penske is an Equal Opportunity
Employer. About Penske Truck Leasing/Transportation Solutions
Penske Truck Leasing/Transportation Solutions is a premier global
transportation provider that delivers essential and innovative
transportation, logistics and technology services to help companies
and people move forward. With headquarters in Reading, PA, Penske
and its associates are driven by a dedication to excellence and a
commitment to customer success. Visit Go Penske to learn more. Job
Category: Finance/Accounting Job Family: Finance Address: 100 Gundy
Drive Primary Location: US-PA-Reading Employer: Penske Truck
Leasing Co., L.P. Req ID: 2413223 Date posted: 10/15/2024
Keywords: Penske, Brick , Senior Accountant - Lease Accounting, Professions , Reading, New Jersey
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