Oldcastle APG, a CRH Company, is the leading provider of outdoor living solutions in North America with an award-winning portfolio that enables customers to Live Well Outside. Inspiring endless possibilities with enduring performance, its collection of premier building products create inviting outdoor spaces where people connect, reflect and recharge. The manufacturer’s signature brands include Belgard and Echelon hardscape and masonry materials; Barrette Outdoor Living and MoistureShield fencing, decking and railing; Sakrete and Amerimix packaged concrete and mortar; Techniseal sands, jointing technologies and surface protectors; PebbleTec pool finishes; plus popular brands of landscape and gardening materials.
Job Summary
The key function of this role is to support the monthly, quarterly, and annual close, reporting and administration of APG’s 2,000+ lease portfolio. APG’s centralized lease function supports 20+ operating companies and is regarded as the lease subject matter experts and are sought out for day to day guidance, as well as, scenario modeling for lease decisions. This position reports to the Lease Administrator and will assist with lease administration, accounting and analysis support, as well as, communication with our divisions as it relates their lease portfolio. The Lease team is part of the Corporate & Accounting Finance team and works in partnership with members of the larger team to ensure the lease impact is properly reported in APG’s financials and assist with the required SEC disclosure on our lease portfolio. There are ample opportunities for growth and exposure within this growing team and company.
Job Responsibilities
- Lease Administration: Ensure CoStar (cloud based lease platform) is up to date with current lease portfolio. Review lease contracts and manage the accounting/analysis components of the lease portfolio through lease administration software, including key lease life cycle events, such as extensions, amendments, and terminations.
- Lease Accounting Concepts: Understanding the accounting concepts for leases and ability to explain movements to the financials as it relates to the lease portfolio. The lease analyst will partner with the corporate accounting and financial reporting teams on JEs posted from CoStar via API and roll forward reporting and disclosures and queries from CRH on fluctuations of lease balances.
- Lease Reporting: Ability to source detail and support from CoStar for auditors and CRH and answer questions on fluctuations and movements within the portfolio.
- SOX: Adhere to controls and procedures specific to leases for SOX compliance, over financial reporting, account reconciliations and journal entry processing.
- Communication with the operating divisions about their lease portfolio – this role offers a great deal of interaction with our 20+ divisions from the staff level to the Finance Leads at each operating company. You will provide the day-to-day support to the operating company controllers as it relates to their lease portfolio.
- Decision Support: Provide business partnering and decision support on complex deals and new business activities. Scenario modeling using CoStar for lease vs. buy decisions and assessing financial impact of purchase option, exit and/or potential acquisition activity impacting lease portfolio.
- Continuous Process Improvement: Process improvement mindset that will identify, drive, and implement further centralization and efficiency opportunities related to leases, including reporting enhancements and expansion of role to include lease payment processing and centralized billing by lease vendors.
Job Requirements
- Ability to read, interpret lease agreements, identify, and load the key inputs for accounting purposes into lease software.
- Bachelor’s degree in Accounting, Finance or related field/experience.
- 0-2+ years related work experience.
- Advanced Excel skills.
- Lease administration software, ERP and general ledger accounting experience is a plus.
- Up to 10% travel.
- Strong technical, analytical and problem-solving skills.
- Ability to work in a dynamic, fast-paced, fast-growing company.
- Solid values and high standards of ethics, integrity, and trust.
- Effective communication skills, both verbal and written.
What CRH Offers You
- Highly competitive base pay
- Comprehensive medical, dental and disability benefits programs
- Group retirement savings program
- Health and wellness programs
- A diverse and inclusive culture that values opportunity for growth, development, and internal promotion
If you’re up for a rewarding challenge, we invite you to take the first step and apply today! Once you click apply now, you will be brought to our official employment application. Please complete your online profile and it will be sent to the hiring manager. Our system allows you to view and track your status 24 hours a day. Thank you for your interest!
Oldcastle APG, a CRH Company, is an Affirmative Action and Equal Opportunity Employer.
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