Lease Accounting Manager
Company Description
At Raising Cane’s Chicken Fingers®, we serve only the most craveable chicken finger meals – it’s our One Love! Known for our great Crew and cool Culture, we follow a Work Hard. Have Fun. philosophy. Raising Cane’s is the fastest-growing chicken concept around and is on track to be a Top 10 Restaurant Brand in the United States. Each Crewmember is important to our rapid growth and enduring success. Now is your chance to join the Team and Raise The Bar!
Job Description
Your Role at Raising Cane’s:
The Lease Accounting Manager leads all lease accounting activities, including supervision, training, and development of the Lease Accounting team. This role manages lease payments, ensures compliance with ASC 842, and partners closely with Lease Administration to maintain accurate lease data in Lucernex. The position also drives period-end accounting, reconciliations, and audit support while strengthening internal controls and process documentation.
Your Impact and Responsibilities:
- Oversee lease accounting operations, including journal entries, balance sheet reconciliations, and monthly reporting for all lease-related accounts
- Perform and document ASC 842 lease classification tests, including review of broker opinions of value (BOV), inflation rate updates, and discount rate calculations
- Partner with Lease Administration to ensure accuracy of key dates, lease terms, and data integrity within Lucernex; resolve discrepancies as needed
- Prepare rent payment schedules, process monthly lease payments, and conduct trend analyses to identify anomalies or errors for correction
- Maintain reconciliations of all lease-related general ledger accounts, including ROU assets, lease liabilities, rent expense, tenant improvement allowances, and accrued percentage rent
- Lead quarterly reporting activities, including flux analyses, audit support, and calls with system and financial reporting teams to address recurring issues or process improvements
- Update lease accounting process documentation annually, identify control gaps, and assist in designing and implementing internal controls to mitigate risks
- Manage tenant improvement allowance accounting research and resolution in partnership with Financial Reporting leadership
- Train, mentor, and develop Lease Accountants, reviewing reconciliations, rent calculations, landlord disputes, property tax research, and other deliverables
- Define and periodically adjust responsibilities across the Lease Accounting team to ensure clarity, fairness, and efficiency
- Support ad hoc projects, process improvements, and cross-functional business needs as assigned
Qualifications
Required Qualifications:
- 5+ years of progressive lease accounting experience in a high-growth restaurant or retail environment
- Bachelor’s degree in Accounting or related field (Associate’s degree accepted with additional experience)
- Strong understanding of ASC 842 lease accounting, journal entry processes, and internal control requirements
- Experience with lease administration and accounting systems
- Advanced Microsoft Excel proficiency, including XLOOKUP, SUMIF, and pivot tables
- Strong analytical, written, and verbal communication skills
Preferred Qualifications:
- Experience with Workday and Lucernex
Additional Information
All your information will be kept confidential according to EEO guidelines.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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The VisionTo grow restaurants, serving our Customers, all over the world and be the brand for craveable chicken finger meals, a great Crew, cool Culture, and Active Community Involvement.
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