What are the responsibilities and job description for the Sr. Corporate International Lease Accountant position at Chick fil A?
Overview
The Lease Accounting, Strategy and Systems team is responsible for ensuring that base rent, variable rent and all related occupancy charges are appropriately reflected on monthly Restaurant Fee Calculation and profit/loss reporting. This includes setting strategy for how rent is calculated and charged and developing necessary inputs to the related exhibits under Chick-fil-A's franchise agreement. This team serves as the primary lease contact to restaurant Operators and team members. In addition, this team is responsible for serving as subject-matter experts on the maintenance and enhancement of lease systems and technologies as well as developing and maintaining lease policy, processes, education, and communication that impacts the full Capital Asset Reporting team.
The Senior Accountant is a professional role entrusted with lessor accounting, accounting for occupancy charges, and Operator lease relationships. A Senior Accountant will have thorough knowledge of GAAP lease accounting and Chick-fil-A's rent philosophy and communicate regularly with Operators and various internal stakeholders regarding the financial impacts of leases.
Our Flexible Future model offers a healthy mix of working in person and remotely, strengthening key elements of the Chick-fil-A culture by fostering collaboration and community.
Responsibilities
Responsibilities may include, but are not limited to, the following:
- Serve as a primary liaison to Chick-fil-A's international accounting and restaurant accounting teams
- Serve as a primary contact for international restaurant Operators related to rent and other occupancy charges
- Advise on FCR rent and related occupancy charges philosophy and how rent is calculated for international restaurant types and sales channels
- Create rent calculation reports for lease/sublease to international Chick-fil-A restaurant franchisees and communicate all associated pass-through charges pursuant to Chick-fil-A's franchise agreement
- Execute all rent related restaurant accounting system setup activities for new international restaurants and lease modifications
- Reconcile occupancy charges for international restaurants including reviewing and processing occupancy charge billings and landlord reconciliations, adjusting future accruals, and communicating impacts to Operators
- Calculate variable rent charges for all applicable restaurants
- Perform the modifications process for mall lease amendments, including processing all payment adjustments, Chick-fil-A corporate financial impacts, and impacts to Operator franchise fee calculations
- Participate in preparing lease and financial systems to support international lease accounting objectives
- Participate in lease accounting system maintenance and enhancement projects by providing requirements and participating in testing cycles
- Serve as problem-solving resource for peers and other Lease Accounting Strategy & Systems accountants
- Evaluate current processes and recommend changes in procedure that allow for future scalable compliance
- Develop relationships across the business to be a trusted resource and problem solver on financial lease issues
Minimum Qualifications
- Certified Public Accountant or CPA exam completed
Preferred Qualifications
- Experience using Oracle Cloud and IBM Tririga
- Experience using Alteryx
Minimum Years of Experience
3
Travel Requirements
10%
Required Level of Education
Bachelor's Degree
Major/Concentration
Accounting or business degree with equivalent accounting coursework
