Job Description: Asset and Lease Manager
Continental Services
Starting Pay: $85,000
Job Summary:
The Asset and Lease Manager will be responsible for managing the company’s asset portfolio and lease agreements, ensuring compliance with tax regulations and optimizing tax benefits. Their assets number in the 60,000 range. This role involves close collaboration with the finance, legal, and operations teams to maintain accurate records, analyze financial data, and support strategic decision-making.
Key Responsibilities:
Asset Management:
- Maintain and update the asset register, ensuring all assets are accurately recorded and depreciated according to tax regulations.
- Conduct regular audits of physical and intangible assets to verify their existence and condition.
- Coordinate with the finance team to ensure proper capitalization and disposal of assets.
Lease Management:
- Oversee the administration of lease agreements, including renewals, terminations, and amendments.
- Ensure compliance with lease accounting standards (e.g., ASC 842, IFRS 16) and tax regulations.
- Analyze lease agreements to identify and optimize tax benefits.
Tax Compliance:
- Collaborate with the tax team to ensure all asset and lease-related transactions comply with local, state, and federal tax laws.
- Prepare and review tax filings related to asset and lease management.
- Stay updated on changes in tax legislation and accounting standards that impact asset and lease management.
Financial Analysis and Reporting:
- Prepare regular reports on asset and lease performance, including financial metrics and tax implications.
- Provide insights and recommendations to senior management based on financial analysis.
- Support budgeting and forecasting processes related to asset and lease management.
Qualifications:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- CPA or equivalent certification preferred.
- Minimum of 5 years of experience in asset and lease management, preferably within the tax field.
- Strong knowledge of tax regulations, lease accounting standards, and financial reporting.
- Excellent analytical, organizational, and communication skills.
- Proficiency in accounting software and Microsoft Office Suite.
Skills and Competencies:
- Detail-oriented with strong problem-solving abilities.
- Ability to work independently and as part of a team.
- Strong interpersonal skills to collaborate effectively with various departments.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- Retirement savings plan with company match.
- Professional development opportunities.
- Flexible work arrangements.
Additional Responsibilities:
- Maintain complete and accurate asset listings/records from each location in Company database.
- Organize, input, maintain supporting documentation for all leases into Company database.
- Perform timely and accurate lease accounting reconciliations under ASC 842.
- Assist in various audits, inquiries.
- Document and monitor internal controls in support of auditing team.
Key Knowledge:
- Attention to detail
- Organized, effective time management
- Multi-tasking
- Analytical
- Strong written and verbal communication skills
- Collaborative
- Firm understanding of ASC 842
About Continental Services:
The Great Lakes Food & Beverage Leader
Founded in 1989, Continental has grown from an office coffee and vending specialist to consistently ranking as one of the top events and contract dining and refreshment providers in the nation.
Guided by industry leaders and powered by the largest collection of culinary talent in the Midwest, our award-winning team has a tireless commitment to high quality, innovative culinary offerings and unparalleled client and guest services.
Our singular mission is to delight our guests, every meal, every day.
It’s no secret that food brings us together. A cup of coffee is a chance to meet someone new. A meal is an opportunity to collaborate. At Continental, developing experiences that connect people is at the heart of everything we do.
Discover first-hand the passion of a full-service team committed to your vision and customizing services to support it.
Micro-Markets • Food Delivery • Full-Service Dining • Innovative Vending • Office Coffee & Water • Pantry Services • Barista Bars • Catering • Premier Events
We Are Curious.
Bold, original thinking, and an innate curiosity for what’s new and next drives us to shake things up and create remarkable experiences.
We Dream Big.
We embrace the unknown and adventures big and small, individually and collectively. By being proactive and continuously striving for more, we continue to grow personally and professionally. And we’re not afraid to dig into a challenge.
We Champion Each Other.
Collaboration, teamwork, and trust aren’t just buzzwords to us—they truly define our culture.
We do more than just dish up great meals. Continental creates memorable experiences every day at our markets, corporate cafés, premier events and more. If hospitality is in your DNA, if you’re passionate about making a difference, if you’re eager to roll up your sleeves and be part of a team, we’re looking for you.
#INDPRO