As the Accounting Manager, Leases, you’ll own lease accounting at Crusoe: the technical conclusions, the monthly operation, the controls, and the audit relationship. Our lease portfolio reflects a vertically integrated data center business: land, powered shell, build-to-suit, colocation, ground leases, equipment, and energy-related arrangements. Very few look alike. You’ll set the standard for how this non-standard portfolio is accounted for under ASC 842 and make sure it runs cleanly every month as the business scales.
This is a player-coach role. You’ll personally work the most complex agreements and judgments, review the work of a Senior Accountant (and future team members) who handles day-to-day lease administration and reconciliations. You’ll partner closely with the Senior Manager, General Ledger, Technical Accounting, Legal, Real Estate, Data Center Development, Treasury, Tax, and FP&A, and you’ll be the primary lease contact for external auditors. You’ll thrive in this role if you’re a strong technical accountant who can also build process, develop people, and influence the business.
What You’ll Be Working On:
Technical accounting: Own ASC 842 conclusions for complex arrangements, including embedded leases, variable payments, option assessments, classification, modifications, and terminations
Memos and policy: Draft and review lease memos, own the lease policy and ensure consistent application across lease portfolio
LeaseQuery governance: Own the lease subledger, including reviewing new leases, modifications, remeasurements ensuring appropriate supporting documentation
Month-end close: Own the lease close end to end, including journal entries, liability and ROU roll-forwards, and GL and AP reconciliations, delivered on the close calendar
Review and escalations: Review Senior Accountant entries, reconciliations, and variance analysis, and resolve escalations
Reporting and disclosures: Partner heavily with financial reporting team on lease disclosures, including maturity analysis, weighted-average term and discount rate, and lease cost components
Cross-functional partnership: Work with Legal, Real Estate, Data Center Development, Procurement, FP&A, Treasury, and Tax on lease intake and portfolio management
Controls and audit: Own SOX controls and audit support for the leases
Team leadership: Coach and develop the Senior Accountant, and build the lease function as it grows, including roles, documentation, and backup coverage
Qualification
Big 4 or public accounting experienceExposure to data centerHands-on experience with build-to-suitSOX 404 experience
Preferred
Big 4 or public accounting experience, plus experience at a high-growth technology or infrastructure company
Exposure to data center, energy, real estate development, or other capital-intensive industries
Hands-on experience with build-to-suit, powered shell, colocation, or ground lease structures
SOX 404 experience, managing external audit relationships, and building process and teams in a fast-scaling environment
