Lease Accountant-III at Columbia Sportswear Company

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Apparel & Footwear, RetailIndustries

Skills

Key technologies and capabilities for this role

Lease AccountingASC 842General LedgerReconciliationsJournal EntriesInternal ControlsFinancial ReportingGAAPAccount AnalysisCAMSEC Financial Statements

Questions & Answers

Common questions about this position

What is the employment type for this Lease Accountant-III role?

This is a full-time position.

What are the main responsibilities in this lease accounting role?

Responsibilities include preparing monthly and quarterly General Ledger entries and reconciliations, performing account analysis, reviewing landlord billings, corresponding with landlords and the Real Estate team, and supporting financial planning and SOX compliance.

What specific accounting knowledge is required for this position?

The role requires expertise in lease accounting under ASC 842, including right of use assets, lease liabilities, tenant improvement allowances, nonlease components, rent accruals, and GAAP compliance.

Is this role part of a team, and how does it collaborate?

Yes, the Senior Accountant is part of the North America accounting team and acts as an active, collaborative business partner, engaging with various accounting teams, Accounting Manager, Regional Controllers, Real Estate team, and leadership.

What makes a strong candidate for this Lease Accountant-III position?

Strong candidates will have deep knowledge of ASC 842 lease accounting, experience with GL entries, reconciliations, variance analysis, SOX compliance, and the ability to collaborate cross-functionally while driving process improvements.

Columbia Sportswear Company

Designs and sells outdoor apparel and gear

About Columbia Sportswear Company

Columbia Sportswear Company designs and sells a variety of outdoor clothing and gear, including jackets, shirts, pants, shorts, footwear, and accessories like hats and backpacks. Their products are aimed at outdoor enthusiasts, hikers, campers, and active individuals of all ages. Columbia's products are known for their quality and durability, setting them apart from competitors in the outdoor apparel market. The company operates through a direct-to-consumer model, selling via their website, retail stores, and partnerships with other retailers, which helps them reach a wide audience. Their goal is to provide high-quality outdoor gear that enhances the experience of those who enjoy outdoor activities.

Portland, OregonHeadquarters

1938Year Founded

$40KTotal Funding

IPOCompany Stage

Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Wellness Program

Employee Discounts

Mental Health Support

Risks

The new Cherry Hill Mall store may face challenges in a competitive retail environment.

The Vader Collection may not resonate with Columbia's core customer base.

Strategic shifts by new marketing leadership could impact brand loyalty.

Differentiation

Columbia Sportswear offers innovative outdoor apparel with a strong brand reputation.

The company employs a multi-channel sales strategy for broad market reach.

Columbia's collaborations, like the Star Wars collection, attract niche markets.

Upsides

The rise of outdoor activities post-pandemic boosts demand for Columbia's products.

Collaborations with franchises like Star Wars enhance brand visibility and appeal.

Direct-to-consumer sales and social media marketing reach younger demographics effectively.

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