Senior Lease Accountant
FableticsJob Description
FableticsOS is seeking a Senior Lease Accountant
How Do You Fit In?
As a Senior Lease Accountant, you will oversee all aspects of lease accounting in compliance with ASC 842. This includes recording right-of-use assets and liabilities, rent and related expenses, tenant allowances, and preparing monthly rent payments. You will also manage month-end close procedures, perform trend analysis, and prepare supporting schedules. This role offers broad exposure to the business and the opportunity to partner across multiple fashion brands.
As part of a dynamic and expanding global business, you will have the opportunity to support cross-functional teams while contributing to more streamlined financial process flows. This role is ideal for someone who is detail-oriented, communicates effectively, is technically proficient, and thrives on problem-solving while delivering high-quality work in a fast-paced environment.
This position will report to the VP, Accounting
What You Will Do:
- Manage the end-to-end lease accounting process in accordance with ASC 842
- Review lease contracts and other transactions for appropriate accounting treatment
- Record and account for tenant allowances, lease incentives and other lease-related adjustments
- Prepare, review and reconcile the monthly rent payments
- Ensure timely and accurate recording of lease-related journal entries, amortization schedules and reconciliations
- Collaborate with internal teams (Real Estate, FP&A, Legal and Operations) to ensure lease data is complete and accurate
- Maintain and oversee lease accounting schedules, including straight-line rent and right-of-use assets and liabilities
- Support monthly, quarterly and annual close processes, ensuring compliance with U.S. GAAP and internal policies
- Assist with external audits by providing detailed lease documentation and schedules
- Contribute to process improvements and automation within the lease accounting function
- Serve as a subject matter expert for lease accounting and provide guidance across the organization
- Perform ad hoc reporting and support other projects as necessary
What You Can Bring:
- 5–7 years of progressive accounting experience, with at least 3+ years focused on lease accounting
- Strong technical knowledge of U.S. GAAP, with a focus on ASC 842
- Experience with lease accounting software (CoStar preferred)
- Proficiency with Oracle EBS or similar ERP systems
- Advanced Excel skills
- Exceptional analytical, organizational, and problem-solving skills, with strong attention to detail and a sense of urgency
- Excellent communication and collaboration skills
- Ability to work independently and manage multiple priorities in a fast-paced environment
- CPA designation preferred but not required
- Bachelor’s degree in Accounting, Finance or a related field
Where we are:
- This role is based at our El Segundo headquarters
Compensation & Total Rewards:
At FableticsOS, we believe work and life should fit together! We continue to build a culture of flexibility, to empower you to do your best and put yourself first. Our Total Rewards program rewards employees for their hard work, supporting their health, well-being, families, and ultimately their life journey. Total Rewards at FableticsOS includes:
-Hybrid Work Schedule*
-Discretionary Paid Time Off*
-Summer Fridays*
-Healthcare Plans
-Employee Discounts
-401k
-Annual Bonus Program
-Equity Program*
-And More
*Varied for retail, fulfillment and fully remote roles.
The annual base salary range for this position is from $75,600-$114,400. The range provided includes the base salary that FableticsOS expects to pay for the role. Offered base salary will be dependent on factors including the scope and complexity of the role, candidate’s related work experience, subject matter expertise and work location.
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Security Alert: Protect yourself from scams
At Fabletics, we're dedicated to recruiting top talent who share our drive for innovation. To safeguard candidates, Fabletics emphasizes legitimate recruitment practices. Initial communication is primarily via official email addresses and LinkedIn; beware of deviations. Personal data and sensitive information will not be solicited during the application phase. Interviews are conducted via phone, in person, or through the approved platforms Teams or Zoom—never via messaging apps or other calling services. Offers are merit-based, communicated verbally, and followed up in writing. If personal information is requested to initiate the hiring process, rest assured it will be through secure and protected means.
Fabletics, Inc. is an equal opportunity employer. We recruit, employ, compensate, develop, and promote regardless of race, national origin, religion, sex, sexual orientation, gender identity, age, disability, genetic information, veteran status, and other protected status as required by applicable. At Fabletics, Inc., we champion a vibrant workplace culture that thrives on diversity law and do not tolerate discrimination or harassment. We are one team from many backgrounds, innovating through diversity of individuals, who are driven by passion for creating an inclusive space for all. Fabletics, Inc. will continue to champion a workplace culture that prizes diversity and inclusivity.
We encourage you to apply regardless of meeting all qualifications and/or requirements.