Senior Accountant, Capital Projects & Lease Transformation

Senior Accountant

Location: Oakbrook, IL

Employment Type: Full-Time | On-Site

Overview

We are seeking a detail-oriented Senior Accountant to manage accounting activities related to capital projects, fixed assets, and lease arrangements. This role is ideal for someone who thrives in a dynamic environment and enjoys working across multiple functions to ensure accurate financial reporting and compliance with GAAP standards.

Key Responsibilities

• Oversee accounting for capital projects, including tracking, capitalization, and depreciation of assets.
• Manage the complete lifecycle of fixed assets—additions, disposals, impairments, and adjustments.
• Handle lease accounting processes, including right-of-use asset and liability calculations, modifications, and disclosures under ASC 842.
• Prepare and review journal entries, reconciliations, and month-end close activities for related areas.
• Ensure compliance with GAAP capitalization rules and distinguish between capital and expense treatment.
• Collaborate with operations, finance, and IT teams to maintain accurate data for projects and leases.
• Support audits by preparing schedules and documentation in line with internal controls and SOX requirements.
• Identify and implement process improvements to enhance efficiency and accuracy within asset and lease accounting.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 4 years of progressive accounting experience, with exposure to capital projects and lease accounting.
• Strong knowledge of ASC 360, ASC 350, and ASC 842.
• Skilled in month-end close, reconciliations, and financial reporting.
• Proficient in Excel and Oracle.
• Excellent analytical and problem-solving skills, with attention to detail.
• Ability to work cross-functionally and communicate effectively.
• Experience with audit support and SOX compliance.