The Team
The Senior Manager, Tenant Lease Accounting ensures all finance activities related to the company's tenant leases for an assigned region and/or market portfolio are prioritized and executed accurately, timely, and efficiently. This includes lease abstraction, systems interfaces, and financial reporting/ accounting in compliance with GAAP (U.S. GAAP and IFRS as appropriate), the company's accounting policies, and any relevant debt indenture requirements.
Leading a global team of lease abstractors and accounting professionals, the Senior Manager partners closely with the region/market finance, business enablement, corporate accounting, legal, internal and external auditors and local business teams to abstract a high volume of lease billing lines each month- representing over 90% of the region's revenue transactions. The role serves as a trusted advisor on lease transactions and complex deal structures, resolves issues within the lease portfolio, designs and SOX and financial controls for lease processes, and accounts for monthly cash and straight-line revenue for assigned regions/markets.
Responsibilities include ensuring leases abstraction meets financial reporting requirements amid system variability and complexity; analyzing and explaining variances versus prior month, forecast, and budget; validating the existence and completeness of total revenue; and reconciling differences with local teams and FP&A. The Senior Manager partners with corporate accounting to interpret accounting for new or modified agreements in each market; prepares/ reviews tenant revenue disclosures (cash and straight line) for audited financial statements/SEC lease disclosures and unaudited legal entity statements required by debt indentures and supports periodic compliance and local statutory requirements. the Senior Manager builds strong cross-functional partnerships, leads, develops, and motivates a global team. They bring a deep expertise in lease abstraction processes, accounting systems, GAAP principles, and financial reporting for one of the company's most significant revenue streams, and maintain detailed familiarity with key contracts, system limitations, SOX/ financial controls, and commercial practices to ensure full compliance in reporting ground lease expenses, assets, and obligations.
What You Need to Succeed
Bachelor's degree in Accounting or Finance required. CPA and/or Master's degree preferred.
A minimum of 8 years of lease interpretation and lease accounting experience preferred.
At least 8 years of direct management experience preferred.
A minimum of 5 years of public accounting and/or large company experience preferred.
Strong leadership skills; ability to drive and motivate team to achieve results.
Exceptional strategic and problem-solving skills to effectively influence decision making during key negotiations.
Ability to work effectively across many internal functional groups to create a seamless internal and external customer experience and resolve issues.
Proven track record of collaboration and teamwork across organizational boundaries and levels.
Demonstrated success at identifying talent and building individual and management capability. Proven track record of building successful organizations.
Demonstrated success at identifying strategic business opportunities and executing them successfully.
While performing the role you will need to lift up to 25lbs.
Approximately 10% travel may be required in support of the position's responsibilities.
Strong organization, planning, and project management skills; ability to prioritize tasks for self and team to meet requirements and deadlines.
Excellent communication and internal customer delivery skills
What You Can Offer Us
Oversee end to end lease accounting and tenant lease revenue accounting for new leases, amendments, renewals, acquisitions, and divestitures.
Ensure accurate straight line revenue and expense calculations, reserve estimates, escalations, incentives, and variable components.
Review and approve monthly/quarterly journals, reconciliations, and financial results; ensure timely and accurate close activities.
Maintain integrity of the bridge between group reporting and statutory/management reporting.
Own the regional lease abstraction and data governance strategy to ensure lease data is accurately interpreted, prioritized, captured, validated, and maintained.
Establish and enforce abstraction standards, quality controls, and data completeness/accuracy metrics across highly variable lease portfolios.
Ensure compliance with U.S. GAAP (ASC 842), IFRS (as applicable), SOX, statutory, and disclosure requirements.
Serve as the regional point of contact for internal and external tenant lease-related audits.
Maintain audit ready documentation of methodologies, assumptions, data lineage, and accounting conclusions.
Lead error analysis, root cause identification, and remediation strategies.
Partner with GBS, IT, and technology teams to enhance lease abstraction tools, data extraction processes, control frameworks, and automation capabilities.
Support first time lease accounting implementations for acquisitions and onboarding of new portfolios.
Partner with local accounting teams to interpret lease contracts, record accounting impacts, and support monthly financial reporting.
Collaborate with corporate finance, FP&A, Legal, Business Enablement, and regional business leaders to resolve revenue and billing variances and review contract structures.
Provide short and long term forecasts of lease accounting adjustments and revenue/expense impacts.
Recruit, develop, coach, and performance manage a high performing regional/global team.
Deliver global training programs for abstraction teams, accountants, and business stakeholders.
Foster a collaborative, continuous improvement culture aligned with company values and business objectives.
American Tower is a global digital infrastructure company serving customers through tower sites and other real estate solutions that support connectivity and opportunity, focused on achieving our vision of Building a More Connected World. Our success is rooted in the potential of our people and the power of local teams at our offices and sites across 25 countries.
We are one of the largest global Real Estate Investment Trusts (REITs) and a publicly traded (NYSE:AMT), Fortune 500 Company headquartered in Boston, Massachusetts. The next decade will be an exciting time as we evolve our infrastructure to meet tomorrow's needs and position our people to elevate their impact, their potential, and our shared success. Come grow your career with us!
For more information about how American Tower is building a more connected world, visit americantower.com
American Tower is proud to be an equal opportunity employer and will not discriminate against an applicant or employee based on age, sex, sexual orientation, gender identity, race, color, creed, religion, national origin or ancestry, citizenship, marital status, familial status, disability, military or veteran status, genetic information, pregnancy, reproductive decisions, or any other characteristic protected under applicable law.
American Tower is committed to fair and equitable compensation practices. Placement within the salary range is based on a variety of factors, including relevant experience, skills, certifications, job level, and location. For U.S.-based candidates only, please see the base salary range for this position listed below. This position is also eligible for annual bonus, and annual equity award and participation in the Employee Stock Purchase Plan (ESPP). For candidates outside of the U.S., salary and benefits are based upon local market practice.
American Tower also offers a comprehensive benefits package, which includes healthcare coverage, a 401(k) savings plan, paid time off, company holidays, sick leave, parental leave, and access to an Employee Assistance Program focused on mental and financial wellness, please click here (https://www.americantower.com/us/careers/benefits) to learn more.
Requisition ID : 2411
