Darden Restaurants, Inc. Orlando , FL 32801
Posted 3 weeks ago
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 includes the preparation of journal entries, performing monthly reconciliations and monthly reporting to management. 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:
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
REQUIRED SKILLS AND EXPERIENCE:
2-3 years of accounting, finance, or analytical experience
Experience with general ledger reconciliations
Proficient in Microsoft Word and Excel
Analytical and research ability
REQUIRED EDUCATION:
OTHER KEY QUALIFICATIONS:
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
Darden Restaurants, Inc.