Corporate Accountant III, Lease Accounting, Strategy & Systems

Overview

The Lease Accounting, Strategy and Systems team is responsible for ensuring that base rent, variable rent, and all related occupancy charges are appropriately reflected on monthly Restaurant Fee Calculation and Profit/Loss Reporting.  This includes setting strategy for how rent is calculated and charged and developing necessary inputs to the related exhibits under the Franchise Agreement.  This team serves as the primary lease contact to restaurant Operators and team members.  In addition, this team is responsible for serving as subject-matter experts on the maintenance and enhancement of lease systems and technologies as well as developing and maintaining lease policy, processes, education, and communication that impacts the full Capital Asset Reporting team.

 

The Accountant III is a professional role entrusted with lessor accounting, accounting for occupancy charges, and Operator lease relationships. The Accountant III will have broad knowledge of lease systems and technologies.  An Accountant III will have knowledge of GAAP lease accounting and Chick-fil-A's rent philosophy and communicate regularly with Operators and various internal stakeholders regarding the financial impacts of leases.  

 

Our Flexible Future model offers a healthy mix of working in person and virtually, strengthening key elements of the Chick-fil-A culture by fostering collaboration and community.

Responsibilities

• Responsibilities may include, but are not limited to, the following:
• Participate in day-to-day internal user support, maintenance, and enhancement of lease systems and technologies
• Advise on FCR rent and related occupancy charges philosophy and how rent is calculated for different restaurant types and sales channels
• With minimal supervision, create Rent Calculation Report for lease/sublease to Chick-fil-A Restaurant franchisees and communicate all associated pass-through charges pursuant to the Franchise Agreement
• Execute all rent related FCR setup activities for new restaurants and lease modifications
• Reconcile occupancy charges including adjustments to future accruals and communication to Operators
• May serve as a primary contact for Operators related to rent and other occupancy charges
• With minimal supervision, calculate variable rent charges for all applicable restaurants
• Perform the modification process for mall lease amendments including FCR impacts
• Perform ad-hoc projects, tasks and analysis to help support decisions, resolve issues or support other business needs related to lease data
• Serve as problem-solving resource for peers and other lease accountants
• Evaluate current processes and recommend changes in procedure that allow for future scalable compliance
• Develop relationships across the business to be a trusted resource and problem solver on financial lease issues
• Accounting or business degree with equivalent accounting coursework

Minimum Qualifications

• Must pass Chick-fil-A accounting test OR CPA (Certified Public Accountant) OR passed all four parts CPA exam

Preferred Qualifications

• Experience using Alteryx
• Experience using Oracle Cloud and IBM Tririga

Minimum Years of Experience

2

Travel Requirements

5%

Required Level of Education

Bachelor's Degree

Major/Concentration

Accounting or business degree with equivalent accounting coursework