Manager overseeing lease accounting and asset portfolios to ensure financial integrity at Sally Beauty Holdings. Leading ASC 842 compliance and managing onshore/offshore teams for month-end close.
Responsibilities
Oversee and verify the monthly rent run, ensuring all activity is complete, accurate, and compliant with underlying lease terms.
Review and approve lease changes and inputs within Oracle to ensure accurate ASC 842 accounting and reporting.
Oversee accounting and reporting for occupancy- and facilities-related expenses, including rent-related operating expenses, common area maintenance (CAM), utilities, and other facility costs, ensuring accurate accruals, classifications, and period recognition.
Manage and review landlord payment activity, including reconciliation and approval of triple-net (NNN) charges. Ensure billings are compliant with lease terms and approve all adjustments to rent batches, including new and renewing store payments and escrow changes.
Oversee the full fixed asset lifecycle, including capitalization, additions, transfers, disposals, and depreciation, ensuring compliance with Company policy and U.S. GAAP.
Oversee accounting for cloud computing and SaaS arrangements, including evaluation of implementation costs, capitalization versus expense treatment, amortization, and ongoing expense recognition in accordance with U.S. GAAP and Company policy. Partner with IT and Technology teams to review contracts and project costs related to hosted and cloud-based systems.
Prepare and/or review reconciliations, journal entries, roll-forward schedules, and supporting documentation for fixed assets, construction-in-progress, lease liabilities, SaaS-related balances, and occupancy-related accounts as part of the monthly close process.
Ensure compliance with SOX requirements by identifying, assessing, and mitigating financial and operational risks. Maintain accurate and current process documentation and control narratives. Prepare annual lease obligation schedules and supporting documentation for inclusion in the Form 10-K.
Lead and support special projects, including ad-hoc reporting, technical accounting analysis, process improvements, system enhancements, and other initiatives supporting Executive Management and broader Finance objectives.
Requirements
Bachelor’s degree in accounting or related field
Minimum of 5–7 years of progressive accounting experience, preferably in a public company or international corporate environment
Prior people-management experience required
Retail or large portfolio lease accounting experience required (ASC 842)
Fixed asset accounting experience required
Experience with cloud computing and SaaS accounting, including implementation and hosting costs, preferred
Understanding of technology-related CapEx and hosting arrangements under U.S. GAAP
Advanced Excel skills and strong Microsoft Office skills (Word, PowerPoint, Outlook) required
Oracle experience preferred
Experience with lease accounting software a plus
Excellent verbal and written communication skills; able to effectively communicate with multiple departments
Strong organizational and time management skills
Able to handle multiple priorities at the same time
Demonstrates strong, logical analysis, and problem-solving skills
Excellent interpersonal and leadership skills with the ability to work in a remote team-oriented environment
Strong initiative and ability to work independently
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