The Senior Manager of Asset & Lease Accounting is responsible for managing the accounting and reporting for the companys capital assets and lease portfolio. This role oversees the monthly close process for asset and lease-related accounts, ensures compliance with US GAAP (including ASC 842), and maintains strong internal controls. Acting as the subject matter expert, this position collaborates cross-functionally with Finance, Real Estate, Facilities, and IT teams to ensure accuracy in the recording, tracking, and reporting of fixed assets and lease obligations. The role reports to the Director of Consolidations & Reporting and plays a key leadership role in financial operations, system enhancements, and process improvement efforts.
DUTIES AND RESPONSIBILITIES
Support the Cavenders Culture and drive our Mission, Vision, and Values
Oversee monthly, quarterly, and year-end close processes related to capital assets and depreciation.
Lead the monthly, quarterly, and year-end close processes for asset and lease accounting.
Maintain fixed asset and lease accounting subledgers, ensuring compliance with internal policies and GAAP standards.
Prepare and review journal entries, reconciliations, depreciation schedules, and lease amortization schedules.
Oversee the accounting treatment of lease modifications, additions, terminations, and impairments in line with ASC 842.
Partner with Real Estate and Facilities to ensure accuracy in lease documentation and asset tracking.
Provide leadership on capital project accounting and ensure timely capitalization of assets
Coordinate internal and external audits related to fixed assets and leases.
Assist with budgeting and forecasting for capital expenditures and lease expenses.
Develop and maintain dashboards or reporting tools to monitor asset utilization and lease obligations.
Identify process improvement opportunities and lead implementation of enhanced procedures or systems.
Ensure all policies, procedures, and controls related to assets and leases are updated and adhered to.
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Bachelors degree in Accounting or Finance required; CPA strongly preferred.
79+ years of progressive accounting experience with a focus on fixed assets and lease accounting.
Strong understanding of US GAAP, including ASC 360 (PPE) and ASC 842 (Leases).
Proficiency with ERP systems (SAP or similar), fixed asset/lease subledgers, and Microsoft Excel.
Demonstrated ability to lead process improvements and cross-functional projects.
Excellent organizational and time management skills with attention to detail.
Strong interpersonal and communication skills, able to explain complex concepts to non-financial stakeholders.
Must be based in Tyler, TX, or able to work a hybrid schedule from DFW
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.