Shake Shack

Senior Lease Accountant


Pay$82410.00 - $105110.00 / year
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: JR4785

      We Stand For Something Good
      Our secret to leading the way in hospitality? We put our people first!

      At Shake Shack, our mission is to Stand For Something Good in all that we do. You’ll learn lifelong skills and be empowered to make a positive impact—on our business, restaurants, and communities—all at one of the fastest-growing hospitality brands in the world. From our teams to our neighborhoods, we’re committed to always doing the right thing.

      Our teams are the core of what we do and what we stand for—supporting them is part of our DNA. We’ll provide you with learning and growth opportunities to set you up for success in your career. Sharing ideas, having fun, and working collaboratively isn’t just preached, it’s how we do things every day.

      S enior Lease Accountant

      Summary

      The Senior Lease Accountant will be responsible for assisting in the overall accounting functions as it relates to Shack-level operations, including but not limited to the preparation of journal entries related to accruals, occupancy costs, operating expenses, and accounts receivables. This individual will also provide strategic support and analysis as needed.

      The Senior Lease Accountant is a self-motivated, adaptive, eager learner who can manage and prioritize an evolving workload in a fast-paced environment. The ideal candidate will have an analytical mindset, strong work ethic, heightened attention to detail and a desire for continuous process improvement.

      Key Responsibilities

      1. Monthly Close

      • Prepare period-end entries, account reconciliations, and account analyses as it relates to owned areas (including but not limited to accruals, occupancy costs, operating expenses and accounts receivables) with appropriate SOX documentation and support when required.

      • Experience in building schedules, processes, reconciliations, and flux analysis.

      • Work effectively with Lease Administration team in order to prepare closing entries in accordance with ASC 842 Lease Accounting standards.

      • Work effectively cross-functionally in order to prepare other closing entries and to anticipate changes to processes.

      • Act as a key member of cross-departmental teams to improve the flow of data and reporting.

      2. SOX Compliance

      • Support compliance of SOX key controls related to owned accounts and processes.

      • Coordinate with internal or external auditors related to owned accounts and processes ensuring complete, timely and accurate responses to information requests.

      • Continuously evaluate SOX controls in light of changing systems/processes and work with Internal Audit to identify and implement necessary control changes.

      3. Process Improvement

      • Review existing processes, structures, and systems to assist in the identification of improvement opportunities with a focus on simplification, standardization and optimization, especially the reduction of manual, Excel-based activities.

      • Help drive the reduction of the close timeline by assessing and streamlining close-related activities.

      • Assist in assessing the impact from and implement the required changes to systems, process, policies and procedures due to new accounting standards, regulatory changes, changes in business strategy, cross-departmental initiatives and other operational changes.

      • Support the implementation of on-going process improvement initiatives.

      4. Annual Audit and Quarterly Reviews

      • Support information flow between the accounting team, external auditors and other internal and external partners.

      • Prepare balance sheet and income statement fluctuation analyses.

      • Provide requested support to Financial Planning & Analysis, Tax and Financial Reporting while adher ing to external reporting timelines.

      5. Other

      • Collaborate with other Home Office teams where required and appropriate.

      • Strengthen and maintain relationships with both internal and external parties.

      • Remain current on Restaurant and Retail industry-specific technologies and emerging trends.

      • Prepare reports/analyses and participate in other projects as needed.

      Knowledge, Skills, Abilities

      Skills & Knowledge

      • Skilled with Microsoft Office (Excel, Word, Outlook, Access)

      • Confident, Caring, Team-oriented, Guest-focused, Supportive, Empathetic, Trustworthy

      Related Experience

      • Experience in the restaurant and/or retail industries preferred

      • Experience with Lucernix or any other Real Estate Lease Management system a plus

      • Experience with Workday preferred

      Education Requirements

      Bachelor's Degree

      • In-depth understanding of Generally Accepted Accounting Principles (GAAP )

      • Experience with or understanding of ASC 842 Lease Accounting standard preferred

      • CPA a plus

      Shake Shack will not sponsor work visa applicants in connection with this position. Future sponsorship will not be considered.

      #LI-DL1

      Pay Range - $82,410.00 - $105,110.00

      About Us

      Beginning as a hot dog cart in New York City’s Madison Square Park, Shake Shack was created by Danny Meyer, Founder and CEO of Union Square Hospitality Group and best-selling author of Setting the Table. Shack Fans lined up daily, making the cart a resounding success, and donating all proceeds back to the park beautification efforts. A permanent stand was eventually built…and the rest is Shack history! With our roots in fine dining and giving back to the community, we are committed to high quality food served with a high level of hospitality. Our team members enjoy a positive work environment that is deeply committed to the philosophy that we "Stand for Something Good."

      We are expanding across the U.S. and around the world! Join our #ShackFam

      Shake Shack is an Equal Opportunity Employer
      All qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, religion, creed, age (over 40), disability (mental and physical), sex, gender identity, sexual orientation, gender expression, medical condition, genetic information, marital, military and veteran status.

      Our company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable laws.

  • About the company

      Shake Shack is an American fast casual restaurant chain based in New York City.