WestRock (NYSE: WRK) partners with our customers to provide differentiated paper and packaging solutions that help them win in the marketplace. WestRock’s 50,000 team members support customers around the world from more than 320 operating and business locations spanning North America, South America, Europe, Asia and Australia. Learn more at www.westrock.com.
Manager, Lease Accounting – Sandy Springs, GA
WestRock is seeking to fill a Global Lease Accounting Manager position in Sandy Springs, GA. This newly created role will partner with the Technical Accounting, Facilities and Procurement teams to establish and maintain tracking and reporting processes, controls and technology to ensure compliance with the new Lease Accounting Standard (ASC 842).
How you will impact WestRock:
Serve as a subject matter expert on Lease Accounting.
Partner with Technical Accounting to set policies and procedures for lease tracking and accounting.
Play a key role in building the process and controls to comply with ASC 842, including developing and maintaining a repository of lease agreements and key contractual terms to facilitate reporting requirements.
Help lead the design and implementation of the lease accounting application, CoStar and Visual Lease.
Partner with the Financial Systems team to administer CoStar and Visual Lease and maintain appropriate master data controls.
Liase with procurement team to develop processes to ensure the completeness and accuracy of lease records in CoStar and Visual Lease.
Work directly with the Treasury function to ensure discount rates in CoStar and Visual Lease are updated
Manage the monthly close process for leases, ensuring the required journal entries are recorded and providing the information required for financial disclosures.
Assist in drafting SEC financial disclosures on quarterly and annual basis.
Work with Internal Audit and Financial Compliance to develop and implement relevant internal controls
Develop key performance metrics to monitor the quality and accuracy of the lease accounting process.
Create and lead policy, process and tool training for key stakeholders.
Lead regular communication with senior leadership to ensure effective change management
Lead external auditors through testing and auditing of the Lease Accounting Standard
Ensure adherence to process and accurate completion of all work
Review new lease agreements for appropriate accounting treatment.
Ensures that account reconciliations are prepared and reviewed timely and in accordance with accounting policies
Partner with key stakeholders to drive continuous improvement.
Support internal business partners on lease accounting aspects and be a point of reference for questions pertaining to lease accounting
Partner with Internal Audit to ensure the right control environment is maintained for lease accounting
Responsible for integrating acquisitions into the WestRock process and systems.
What you need to succeed:
Bachelor’s Degree in Accounting
Minimum 7-10 years of progressive accounting experience with a large company, ideally with fixed asset or lease accounting experience.
Advanced Microsoft Office Skills with an emphasis in Excel
ERP systems experience. Comprehensive understanding of a various integrated financial and accounting systems.
Proactive/self-driven work habits with demonstrated ability to lead change and improve processes.
Problem solving/analytical skills.
Knowledge of FASB and SOX compliance
Ability to research technical accounting issues and propose solutions
Strong interpersonal skills; excellent written and verbal communications capabilities;
Ability to work collaboratively across the organization
Strong attention to detail
Ability to adapt to a changing and fast-paced work environment
Must be flexible and able to work well under pressure to meet tight deadlines
Strong organizational skills
Strong work ethic and integrity to behave in accordance with the Company’s values and operating principles
What we offer:
Corporate culture based on integrity, respect, accountability and excellence
Comprehensive training with numerous learning and development opportunities
An attractive salary reflecting skills, competencies and potential
A career with a global packaging company where Sustainability, Safety and Inclusion are business drivers and foundational elements of the daily work
WestRock Company is an Equal Opportunity Employer committed to creating and maintaining a diverse workforce: Minorities/Females/ Disabled/Veterans.