The Lease Accountant is a member of the Southern Power Lease Administration team within Property Accounting and reports to the Lease Administrator. Lease Administration facilitates lease payments, performs monthly recording and reviewing of lease transactions, and serves as a liaison for addressing landowner inquiries. This role will be responsible for gathering, reviewing and inputting project data into CoStar Real Estate Manager, the lease accounting and management software application, as well as extracting data from CoStar to perform month-end journal entry processing, balance sheet reconciliations and other reviews of financial data. The Lease Accountant will also assist the team with processing of lease payments. As needed, the Lease Accountant will work closely with the Lease Administrator to setup and maintain lease projects in CoStar which requires handling and processing large volumes of information in a short timeframe.
Major Job Responsibilities:
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Assist with set-up of all new leases and validation of lease data and attributes
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Gather, verify and input cross-functional data into the lease management tool
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Record monthly lease journal entries and complete account reconciliations
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Initiate lease payments and ensure they are processed completely, accurately and timely
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Prepare ad hoc reports as needed to support routine reviews, accounting and financial reporting needs
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Create and maintain procedural documentation and training materials
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Assist the organization with other quarterly and annual internal control processes
Candidates with the following preferred qualifications are encouraged to apply:
Experience, Skills and Education
- Bachelor's Degree in Accounting or related area
- Knowledge of generally accepted accounting principles (GAAP) and internal control requirements required
- High level proficiency with Microsoft Office products, specifically Excel required
- Previous accounting and reconciliation experience required
- Previous experience successfully handling multiple projects simultaneously
- Experience with lease administration database systems and accounting systems preferred (previous CoStar experience a plus)
Knowledge, Behavior and Abilities:
- Strong interpersonal skills
- Excellent verbal communication
- Works well with a team
- Detail-oriented
- Experience working in a fast-paced environment
- Highly organized
- Flexible
- Ability to manage time and work to tight deadlines
Southern Company
30 Ivan Allen Jr Blvd NW
Atlanta
Georgia United States
www.southerncompany.com