Senior Accountant - Lease Accounting at Penske Truck Leasing Co., L.P.

Position Summary:

The Penske Senior Accountant will collaborate with the business, focusing on the administration, accounting, and reporting of the Partnership’s leases. This position will work closely with various departments including Real Estate, Foreign Affiliates, IT, and others within Controllership, offering support and expertise. This position has responsibility for reviewing financial statements, recording journal entries, completing variance reporting, and identifying cost recovery/process improvement opportunities.

Major Responsibilities:

• A liaison with the business to evaluate, administer, account, and report on leases by applying Penske’s lease accounting policies and Generally Accepted Accounting Principles (GAAP).

• Provide support in the evaluation of contracts as well as maintain and update Penske’s lease accounting records for new lease transactions, modifications, and terminations.

• Reconcile, analyze, and review general ledger accounts in preparation for month end close.

• Prepare and analyze reports that support Penske’s internal and external reporting, including footnote disclosure.

• Provide expertise and guidance to general inquiries regarding Penske’s lease accounting policies as well as related GAAP.

• Investigate material, sometimes complex, balance sheet fluctuations, and document differences for management.

• Prepare process measures to monitor sources that feed general ledger.

• Reconcile sub-system to general ledger to provide support for balance sheet accounts.

• Provide support for special projects, ad hoc requests, and other duties as assigned.

• Develop and drive process improvements.

• Establish rapport and build cooperative working relationships with relevant internal and external parties.

• Other tasks as assigned by Manager.

Qualifications:

• At least 3 years experience in the field of accounting required.

• Bachelor's degree in Accounting required.

• Public accounting experience and/or CPA, CMA, MBA preferred.

• Experience with AS400, Onestream and/or Tririga preferred.

• Strong analytical skills.

• Strong oral and written communication skills.

• Strong team player and self-driven individual.

• Ability to multi-task and meet reporting requirement deadlines.

• Proficiency in the use of Microsoft Outlook, Word, Excel, Access, and PowerPoint required.

Physical Requirements:

-The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

-The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.

-While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.

-Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Penske is an Equal Opportunity Employer.

Job Category: Finance/Accounting

Job Family: Finance

Address: 100 Gundy Drive

Primary Location: US-PA-Reading

Employer: Penske Truck Leasing Co., L.P.

Req ID: 2413223