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Lease Accountant

ITAC Solutions

Join a stable,family-owned company in Birmingham as they build out a specialized accounting function around their growing rental fleet. This newly created role puts you at the center of the company’s equipment financing strategy — managing lease structures, asset lifecycles, and lender reporting that directly support the business’s ability to grow its rental operations. You’ll partner closely with the Controller and step into a role designed specifically to let you specialize, not juggle generalist accounting duties.

Benefits & Extras

  • Casual dress code for the accounting team
  • Long-tenured, close-knit team eager to invest in this hire
  • Hands-on, supportive Controller who wants you to succeed
  • Predictable Monday–Friday schedule with a stable, well-established employer
  • Health, Vision, and Dental insurance
  • 401(k) with profit-sharing option
  • PTO and vacation

What You’ll Be Doing

  • Set up and maintain synthetic lease arrangements, including terms, payment schedules, and residual values
  • Reconcile lease schedules to the general ledger
  • Track asset lifecycle from acquisition through disposition
  • Calculate and record depreciation on capitalized assets
  • Analyze residual value assumptions and asset valuations
  • Prepare schedules for audits, financial reporting, and lender reporting
  • Perform profitability analysis on the rental fleet

What You’ll Need to Be Considered

  • Extensive knowledge of synthetic leases and structured financing arrangements
  • Strong understanding of ASC 842 lease accounting
  • Background supporting asset-based lending or equipment financing
  • Bachelor’s degree in Accounting

ITAC Solutions

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Vacancy posted more than 2 months ago

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