Live opening · Posted 2 days ago

Manager, Lease Accounting

kbi · Greensboro, NC
Workday
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At a glance

The key details from the original listing.

Posted 2 days ago
Companykbi
LocationGreensboro, NC
SkillsAccounting
SourceWorkday
ListedPosted 2 days ago

About the role

Description supplied by the original job listing.

Who We Are:
Kontoor Brands is a portfolio of three of the world’s most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long- term value for its stakeholders.
Job Posting:
Manager, Lease Accounting
The Manager, Lease Accounting provides, directs and manages all global accounting activities related to the recording of lease activities in the general ledger. This will be an important, centralized role which will drive global leadership and process improvements for the company’s leasing activities.
The role is primarily focused on the general ledger duties and includes, but is not limited to, managing the CoStar lease accounting application and SAP S4 systems, journal entry review and approval, audit inquiries, and backup to other core accounting functions, as assigned. This position will have one direct report and will liaise with both accounting and facilities management personnel. This individual may be required to provide input to or participate in various projects and will perform other duties as requested.
Key Responsibilities
Responsible for the direction, management, accuracy and completeness of all lease accounting activities on the general ledger
Account for the monthly lease accounting close processes and related reconciliations, reporting and tracking
Build strong relationships and work cross-functionally with other finance functions to ensure a smooth and timely monthly close
Adhere to system of controls and procedures to ensure the proper recording and maintenance of all lease administration activities on the general ledger
Prepare and provide recommendations on opportunities to improve processes and changes to company policies and procedures, as necessary
Manage all lease transactions including recording, changing, or updating asset records in a timely manner and in accordance with GAAP
Work with the retail and corporate real estate teams, as well as other project managers, to ensure lease activity is identified and placed in service on a timely basis
Investigate and participate in testing for the potential impairment of leases
Manage the CoStar application and maintain lease accounting compliance with ASC 842 standards
Review, interpret, input, and analyze information on leases, amendments, and other legal documents
Respond to audit inquiries in a timely manner
Other duties as assigned
Skills For Success
Ability to handle multiple tasks in dynamic environment
Advanced level of Excel skills, advanced PC skills and systems knowledge
Strong communication (oral and written)
Excellent organizational skills
Excellent leadership and relationship building skills, able to build trust with stakeholders
Strong analytical and problem-solving skills
Ability to work well independently and with others
Integrity
Ability to be flexible with extended work hours as necessary
Positive attitude
Experience/Education
10+ years accounting experience
CPA preferred
Bachelor’s Degree in Accounting or Finance
CoStar lease application experience preferred
Leadership Competencies Expected for this Role:
Evolving Leader
Global Agility – Leads diverse teams, adapts amidst ambiguity
Purposeful Integrity – Leads with values, earns team’s trust, handles conflicts ethically
Strategic Foresight – Connects teamwork to business strategy
Customer Centric Innovation – Leads improvements rooted in customer needs
Urgency for Impact – Drive priorities forward with pace and purpose
Bold Accountability – Set high standards and model responsibility
Empowered Collaboration – Builds inclusive teams, collaborates across functions
Why Kontoor Brands?
At Kontoor, we offer a comprehensive benefit package to fit your lifestyle. Our benefits are crafted with the same care as our products.
When our employees are healthy, secure, and well, they bring their best selves to work. Kontoor Brands supports you with a competitive benefits program that provides choice and flexibility to meet your and your family’s needs – now and in the future. We offer resources to support your physical, emotional, social, and financial wellbeing, plus benefits like discounts on our apparel. Kontoor Brands also provides four weeks of Paid Parental Leave to eligible employees who are new parents, Flexible Fridays, and Tuition Reimbursement.
We are proud to offer a workplace culture centered on equitable opportunities and a sense of belonging for all team members. Here we have a global workforce of high-performing teams that both unlocks our individual uniqueness and harnesses our collaborative talents.

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