Lori's Gifts

Accounting Manager

• Set-up and evaluate the accounting impact of new and/or modified lease contracts in accordance with ASC 842.
• Gather, verify and input cross-functional data into the lease management tool.
• Own the month end close process for lease accounting, including recording monthly lease journal entries and preparing reconciliations.
• Responsible for documentation of the Company’s assessment of leases treatment in accordance with GAAP.
• Perform monthly and annual close responsibilities including active participation in monthly variance analysis.
• Work closely with the AP team to reconcile and initiate lease payments, ensuring they are processed completely, accurately, and timely.
• Prepare ad hoc reports as needed to support routine reviews, accounting, and financial reporting needs.
• Ensure proper accounting for all fixed assets including capitalizations, transfers, disposals, depreciation and impairment.
• Coordinate with Operations and Development teams on fixed assets for opening and closing stores.
• Complete fixed assets roll forwards and reconciliations.
• Work with our third-party provider and AP to ensure that our property taxes are paid accurately and timely, and that related journal entries and reconciliations are completed.
• Ensure that all processes and procedures are documented and updated.
• Cross train on other accounting projects and month end reconciliations and responsibilities as assigned.

Senior Accountant – Lease Accounting, Fixed Assets