- Prepare percentage rent accruals, payments, and annual reconciliations
- Maintain a subset of leased locations and perform regular tasks, including: remitting accurate payments to landlords/vendors; ensuring payments are made in accordance with the lease; processing CAM reconciliations and researching any costs that appear unreasonable, etc.
- Communicate effectively with landlords/vendors, and other departments as needed to resolve issues
- Prepare month-end journal entries and assist in reviewing and analyzing month-end exceptions and trends
- Perform period-end General Ledger account reconciliations, including research and correction of any discrepancies
- Oversee Subleases and Shared CAM properties processes, including: reviewing Lease Specialists' A/R monthly reconciliations and journal entries; billing subtenants, shared CAM co-tenants, and other parties for lease-related receivables; prepare monthly statements and assist leader with quarterly A/R meetings with other departments
- Maintain Restaurant Opening Log which tracks opened restaurants (leased vs. owned) for each brand
- Prepare monthly, quarterly, and annual deliverables for month-end close processes and 10Q/10K filings
- Responsible for Darden's Lease subsystem (Tango), including maintenance, reporting, testing upgrades/enhancements, and resolving issues
- Ad hoc projects or analysis related to lease accounting, as needed
- Backup Lease Coordinator and Lease Financial Analyst, as needed
- 2-3 years of accounting, finance, or analytical experience
- Experience with general ledger reconciliations
- Proficient in Microsoft Word and Excel
- Analytical and research ability
- Bachelor's degree in Accounting, Finance or Business
- Self-motivated individual with strong interpersonal skills
- Strong written and verbal communication skills
- Proven analytical and problem-solving skills
- Strong ability to self-manage while promoting and developing team building
- Excellent organizational and project management skills with acute attention to detail and consistent follow up
- Ability to plan, organize and lead projects with minimal guidance
- Systems knowledge, including Oracle Financials, Discoverer and HFM is preferred
- Experience with Tango lease software is a plus
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Associate Financial Analyst - Orlando, United States - Darden
Description
JOB OVERVIEW:
The Associate Financial Analyst, Lease Accounting, is responsible for helping ensure that lease accounting transactions are properly recorded in our financial statements.
This individual is also responsible for percentage rent, Accounts Receivable (A/R) billing related to subleases, shared Common Area Maintenance (CAM), etc., contributes to ad hoc projects, and adheres to a strong controls environment and Sarbanes-Oxley compliance.
ROLES AND RESPONSIBILITIES:
REQUIRED SKILLS AND EXPERIENCE:
REQUIRED EDUCATION:
OTHER KEY QUALIFICATIONS: