Lease Accounting Team Lead – Corporate Real Estate Financial Reporting & Compliance Management

Join Our Finance Team at arenaflex

At arenaflex, we are storytellers. We are doing the impossible. We achieve this by using and developing innovative technologies and pushing boundaries to bring stories to life through our films, products, interactive games, parks and recreation, and social media networks. Now is your chance to join our talented team delivering incredible creative content to audiences around the world.

This exciting opportunity is part of the Management – South East Practice, which supports internal stakeholders in the company's financial reporting. We are looking for a dedicated and experienced professional to lead our Corporate Real Estate (CRE) Lease Accounting Team. This role offers the chance to work in a dynamic, fast-paced environment where your financial expertise will directly impact the success of our global operations.

The Market Leader is Corporate Real Estate (CRE), which specializes in real estate investments. The Lease Accounting Team is responsible for accounting and financial reporting for real estate, assets, and leases. The team is responsible for all closing activities and preparing all financial statements. In addition, the team ensures that all Real Estate (CRE) services are paid on time and performs all financial accounting for CRE properties.

Position Overview

We are seeking an experienced Lease Accounting Team Lead to oversee our Corporate Real Estate accounting operations. This leadership position requires a strategic thinker with strong accounting expertise, exceptional team management skills, and a commitment to maintaining the highest standards of financial accuracy and compliance.

As the Lease Accounting Team Lead, you will be responsible for ensuring compliance with accounting standards related to real estate leases, asset leases, and consolidated leases, such as ASC 842 or IFRS. You will play a critical role in maintaining the integrity of our financial reporting while leading a team of dedicated accounting professionals.

Key Responsibilities

As a key member of our finance leadership team, you will be entrusted with the following responsibilities:

• Lead a team of 5 people responsible for ensuring compliance with accounting standards related to real estate leases, asset leases, and consolidated leases, such as ASC 842 or IFRS


• Responsible for the preparation and review of loan book entries for global transactions, including collections and adjustments


• Prepare account balances and explanations of the reasons for changes associated with lease accounts and quarterly closings, as well as 10Q/K ASC 842 reports


• Lead the quarterly SOX Audit Team to ensure the accuracy and completeness of all real estate, asset, and loan transactions


• Lead a 3-person team responsible for paying all Real Estate Operating Expenses (REO)


• Manage the company's quarterly CRE coverage, including totals, margins, exposure financial statements, reasons for change analysis, and volatility


• Improve efficiency through continuous monitoring and improvement of existing processes and maintain an up-to-date understanding of any changes in lease accounting standards


• Contribute to various projects including Tririga (Lease Management/Accounting Software) changes, S4/Hana implementation, and other corporate initiatives


• Manage, coach, and develop the team by fostering a collaborative and efficient work environment


• Work closely with various teams, including Finance, Real Estate, Lease Administration, and Legal, to understand the meaning of accounting records and resolve any accounting issues or complaints


• Provide special support and services to the Manager as needed

Essential Qualifications

To succeed in this role, you must possess the following qualifications:

• 1-4 years of relevant experience in accounting; minimum of 3 years of accounting experience and 2 years of management experience


• Must-have analytical skills combined with strong business and financial skills


• Demonstrated understanding of internal controls, control environment, and accounting systems (SAP preferred)


• A good and strong leader and an effective manager, who leads by example and will lead different groups to achieve research objectives and participate in project research and activities


• Strong relationship building skills and highly professional "customer service orientation"


• Must be able to interact with and influence all levels of management within and outside the management context


• Must be a good team player with strong interpersonal skills


• Good communicator both verbally and in writing


• Flexibility, "special work" focus, and strong multitasking abilities


• High energy levels; strong work ethic


• An independent thinker


• Be results oriented, be determined


• Demonstrated experience identifying process improvements and a desire to implement best practices


• Demonstrate a willingness to adapt and change, and demonstrate a desire to work in a dynamic environment

Preferred Qualifications

While the following qualifications are not required, they would be highly valued in our ideal candidate:

• Experience with ASC 842 and IFRS 16 lease accounting standards


• Prior experience in the entertainment, media, or hospitality industry


• Advanced certifications such as CPA, CMA, or CIA


• Experience with SAP S4/Hana implementation projects


• Knowledge of Tririga or similar lease management software


• Experience in a multinational corporate environment


• Advanced Excel skills and experience with financial reporting tools

Skills and Competencies Required for Success

At arenaflex, we value professionals who demonstrate a unique blend of technical expertise and interpersonal skills. The ideal candidate for this Lease Accounting Team Lead position will excel in the following areas:

Technical Proficiency

You must have a solid foundation in accounting principles, particularly as they relate to lease accounting under ASC 842 and IFRS 16 standards. Your ability to analyze complex financial data and prepare accurate financial statements will be crucial to your success in this role.

Leadership Capabilities

As a team leader, you will be expected to mentor, coach, and develop your team members. We seek someone who leads by example, fosters a collaborative work environment, and drives the team toward achieving both individual and organizational objectives.

Communication Skills

Excellent verbal and written communication skills are essential. You will be required to interact with various stakeholders across different departments and influence decisions at all management levels.

Analytical Thinking

Strong analytical skills are paramount. You must be able to interpret financial data, identify trends, and provide actionable insights to support strategic decision-making.

Adaptability

The ability to adapt to changing priorities and work effectively in a dynamic environment is crucial. We value professionals who embrace change and continuously seek opportunities for improvement.

Career Growth Opportunities and Learning Benefits

At arenaflex, we believe in investing in our employees' professional development. As a Lease Accounting Team Lead, you will have access to numerous opportunities for career advancement and skill development:

• Professional Development Programs: arenaflex is known for its emphasis on employee growth and development. We offer different training programs and professional development opportunities within the company to help you enhance your skills and advance your career.


• Leadership Training: Through our comprehensive leadership development programs, you will gain the skills and knowledge necessary to take on greater responsibilities within the organization.


• Exposure to Cross-Functional Projects: Working with various teams including Finance, Real Estate, Lease Administration, and Legal will provide you with a broad understanding of the business and prepare you for future leadership roles.


• Industry Recognition: arenaflex is a global leader in entertainment and media, and working here will enhance your professional reputation and open doors to exciting career opportunities.


• Educational Assistance: arenaflex may offer educational reimbursement or assistance programs to employees who wish to continue their education or professional development, supporting your pursuit of advanced degrees or certifications.

Work Environment and Company Culture

At arenaflex, we foster a culture of creativity, innovation, and collaboration. Our work environment is designed to inspire excellence and support the well-being of our employees. Here's what you can expect when you join our team:

• Inclusive Culture: We believe in the power of diverse perspectives and create an inclusive environment where every employee feels valued and respected.


• Work-Life Balance: We understand the importance of maintaining a healthy balance between work and personal life. Our flexible work arrangements support your well-being.


• Collaborative Team Environment: You will work alongside talented professionals who are passionate about what they do and committed to achieving excellence together.


• Innovation at the Core: We encourage creative thinking and innovative solutions to challenges, fostering an environment where new ideas are welcomed and explored.


• Employee Recognition: arenaflex often implements programs that recognize and reward outstanding employee performance, ensuring your contributions are acknowledged and appreciated.


• Wellness Programs: Some arenaflex locations may have wellness initiatives and programs to promote a healthy work-life balance, supporting your overall well-being.

Compensation, Perks, and Benefits

We recognize that our employees are our most valuable asset, and we are committed to providing a comprehensive benefits package that supports your financial security, health, and well-being. Here are some of the benefits you can expect as a member of the arenaflex team:

• Competitive Compensation: We offer a competitive salary package that recognizes your experience, skills, and contributions to the organization.


• Health and Wellness Benefits: arenaflex typically offers comprehensive health insurance plans, including medical, dental, and vision coverage. Employees may have the option to choose from several plans that suit their needs.


• Retirement Plans: arenaflex may offer 401(K) retirement plans with matching employer contributions, helping employees save for the future and plan for retirement.


• Paid Time Off: arenaflex always offers paid time off, including days off, vacation, and sick days. The amount of paid time off can increase with years of service.


• Employee Discounts: arenaflex employees are often eligible for discounts on arenaflex products, theme park tickets, and resort stays, making this an attractive perk for fans of our brand.


• Child Care: Depending on your location and role, arenaflex may provide child care or services to employees with young children.


• Traveler Benefits: arenaflex employees may have access to travel benefits such as transit allowances or tax-free traveler accounts.

Why Join arenaflex?

arenaflex is more than just a company – it's a place where dreams come true. By joining our team, you become part of a legacy of creativity and innovation that has entertained millions around the world. We are doing the impossible every day, and we want you to be part of our journey.

This is a unique opportunity to leverage your accounting expertise in a dynamic, global organization that values excellence, innovation, and collaboration. If you are a results-oriented professional with strong leadership skills and a passion for financial accuracy, we invite you to apply and become part of the arenaflex family.

Take the next step in your career and join a team that is dedicated to bringing stories to life. Apply today and discover why arenaflex is an employer of choice for finance professionals around the world.