We are looking for an experienced Senior Accountant to manage the accounting and reporting associated with rental assets in Birmingham, Alabama. This role focuses on lease-related transactions, asset lifecycle tracking, and financial oversight for equipment financed through a variety of structured arrangements. The position also plays an important part in period-end close, lender support, and maintaining accurate records that align with accounting standards and internal controls.
Responsibilities:
- Maintain comprehensive equipment and asset records that support leasing, financing, and reporting activities across the rental fleet.
- Work closely with internal departments and external financing partners to coordinate equipment placed into structured lease or financing arrangements.
- Review lease agreements and supporting documentation to determine appropriate accounting treatment under applicable guidance.
- Set up new lease arrangements in company systems, ensuring complete documentation, accurate classification, and proper record creation.
- Monitor leased equipment activity throughout the full asset lifecycle, including additions, modifications, renewals, terminations, buyouts, transfers, and final disposition.
- Reconcile lease schedules, fixed asset subledgers, and general ledger balances on a recurring basis to support accurate financial reporting.
- Record depreciation, lease exits, residual settlements, purchase option activity, and other asset-related journal entries as needed.
- Prepare schedules and supporting documentation for month-end, quarter-end, and year-end close, while assisting with audit and lender reporting requests.
- Evaluate rental asset performance and profitability trends and recommend process improvements that strengthen lease tracking, reporting accuracy, and internal controls.
- Bachelor’s degree in Accounting.
- At least 5 years of progressive accounting experience in roles with increasing responsibility.
- Hands-on background in lease accounting, fixed assets, and equipment-intensive or rental-focused business environments.
- Strong understanding of ASC 842, standard fixed asset accounting, and structured equipment financing arrangements, including synthetic leases.
- Experience supporting equipment financing, lease administration, or asset-based lending processes.
- Advanced Excel skills with the ability to perform detailed analysis, reconciliations, and documentation.
- Strong organizational, communication, and time-management skills with a dependable and solutions-focused approach.