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Lease Accountant I

Role overview

Qualifications

  • Bachelor of Science in Accounting or Finance
  • Bachelor of Science in Business Administration or Business Management with a concentration in Accounting or Finance
  • Prior experience with Accounting Standards Codification (ASC) 842 or Lease Accounting

Responsibilities

  • Develop strong relationships with Department lease contacts to help coordinate and monitor financial controls and accurate data related to lease processing.
  • Evaluate lease processes to maximize efficiency in daily accounting operations and ensure internal control measures are being followed.
  • Maintain lease software to complete and submit accurate financial data during month-end processes.
  • Assist in completing and compiling lease support documentation for budget and external audit purposes.

Key facts

Hard skills

Other skills

  • Communication
  • Analytical Skills
  • Relationship Building

About the company

WVU Medicine logo

WVU Medicine

Hospitals & Health Care

The WVU Health System, which operates under the brand name WVU Medicine, is comprised of 22 member, managed, and affiliated hospitals in West Virginia, Maryland, Ohio, and Pennsylvania. It is West Virginia’s largest healthcare system and largest private employer with more than 2,500 licensed beds, 4,900 providers, approximately 30,000 employees, and more than $5 billion in total operating revenues. It includes: • J.W. Ruby Memorial Hospital in Morgantown (flagship), including WVU Medicine Children’s in Morgantown and Fairmont Medical Center in Fairmont; • United Hospital Center in Bridgeport; • Camden Clark Medical Center in Parkersburg; • Berkeley Medical Center in Martinsburg; • Barnesville Hospital in Barnesville, Ohio; • Braxton County Memorial Hospital in Gassaway; • Garrett Regional Medical Center in Oakland, Maryland; • Harrison Community Hospital in Cadiz, Ohio; • Jackson General Hospital in Ripley; • Jefferson Medical Center in Ranson; • Potomac Valley Hospital in Keyser; • Princeton Community Hospital in Princeton, including The Behavioral Health Pavilion in Bluefield; • Reynolds Memorial Hospital in Glen Dale; • Saint Francis Hospital in Charleston; • St. Joseph’s Hospital in Buckhannon; • Summersville Regional Medical Center in Summersville; • Thomas Memorial Hospital in South Charleston; • Uniontown Hospital in Uniontown, Pennsylvania; • Wetzel County Hospital in New Martinsville; • Wheeling Hospital in Wheeling; • And five institutes – the WVU Cancer Institute, the WVU Critical Care and Trauma Institute, the WVU Eye Institute, the WVU Heart and Vascular Institute, and the WVU Rockefeller Neuroscience Institute. The WVU Health System also provides management services to Grant Memorial Hospital in Petersburg. For more information, visit WVUMedicine.org.

Company details

Company typeXLarge
IndustryHospitals & Health Care
Company size10001

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Job description

Welcome! We’re excited you’re considering an opportunity with us! To apply to this position and be considered, click the Apply button located above this message and complete the application in full.  Below, you’ll find other important information about this position. 

Performs a wide range of lease management related accounting functions in accordance with Generally Accepted Accounting Principles (GAAP) and ASC 842. Completes all aspects of new lease setup, initiates lease payments and provides lease documentation as needed during month-end, budget preparation and external audit. Provides lease guidance to lease contacts to ensure data accuracy.

MINIMUM QUALIFICATIONS:

EDUCATION, CERTIFICATION, AND/OR LICENSURE:

1. Bachelor of Science in Accounting or Finance OR Bachelor of Science in Business Administration or Business Management with a concentration in Accounting or Finance.


PREFERRED QUALIFICATIONS:

EXPERIENCE:
1. Prior experience with Accounting Standards Codification (ASC) 842 or Lease Accounting.


CORE DUTIES AND RESPONSIBILITIES: The statements described here are intended to describe the general nature of work being performed by people assigned to this position.  They are not intended to be constructed as an all-inclusive list of all responsibilities and duties.  Other duties may be assigned.


1. Develop strong relationship with Department lease contacts to help coordinate and monitor financial controls and accurate data in relation to lease processing according to lease guidelines.

2. Evaluate lease processes to maximize efficiency in the daily accounting operations. Ensure that internal control measures are being followed.

3. Maintain lease software in order to complete and submit accurate financial data during month-end process according to predetermined deadlines. Investigate and communicate variance issues to supervisor/manager of the department.

4. Develop and submit analytical financial data as needed by supervisor or department director/manager.

5. Assist in completing and compiling lease support documentation for budget and external audit purposes.

6. Ensure duties of lease management are completed accurately and timely including lease review, lease entry into lease management software and lease payments

7. Participate in educational opportunities as provided by the hospital to enhance skill related abilities.

8. Complete other duties as assigned by supervisor.

9. Support performance improvement and quality assurance initiatives.


PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


1. May need to sit during extended periods of time.


WORKING ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


1. Normal office environment.


SKILLS & ABILILTIES:


1. Ability to work with computers and spreadsheet software.

2. Strong verbal and written communication skills; analytical and interpretive skills preferred.

Additional Job Description:

Scheduled Weekly Hours:

40

Shift:

Exempt/Non-Exempt:

United States of America (Exempt)

Company:

SYSTEM West Virginia University Health System

Cost Center:

689 SYSTEM Enterprise Treasury

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Marcus Rivera

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