Supervisor, Lease Accounting

Job Description

Job Description

At Build-A-Bear we believe in the power of imagination, creativity, and memorable experiences. Our mission is to add a little more heart to life by creating unique experiences, lasting connections, and beloved memories that create lasting emotional connections. We are a multi-channel, site-based experience and entertainment company, with diversified categories and consumer segments. We are seeking a strategic and inspirational Supervisor Lease Accounting to join our dynamic team.

The Supervisor Lease Accounting role will ensure landlord information concerning monthly statement balances and annual statements showing changes to payment structures are processed by the Lease Accounting team. This involves the use of Lucernex under ASC842 to review monthly base rent and percent rent expense and review journals entries prepared by the Lease Accounting team to record expense amounts in the general ledger system. Ensure payments are processed for base rent, other rent, and percent rent in a timely manner. Partner with the merchant and royalty teams to obtain and review royalty contracts to ensure licensor royalty data is set-up correctly in the system and review all royalties are properly calculated, recorded to the general ledger, and paid to licensors.

Responsibilities :

• Review changes to the royalty contract data warehouse system to ensure the Company is following the terms of the contract.
• Review changes to Lucernex system to ensure the Company is following the terms of the contract.
• Work with the Accounting and Royalty teams to respond to audit inquiries from licensors.
• Review reports from Lucernex used to prepare journal entries from the accounting team to record rent within the general ledger system. Review these same reports used to pay base rent, other rent, percent rent, to ensure timely payment. Review journal entries from the accounting team to record royalties within the general ledger system. Review royalty contracts used to pay royalties to ensure timely payment.
• Work with the Accounting and Royalty teams to respond to ad hoc inquiries from landlords and licensors.
• Manage the audits of royalties by licensors.

Required Qualifications :

P referred Qualifications :

Behavioral Traits for Success :

Working Environment :

Your Performance Will Measured On :