What are the responsibilities and job description for the Asset and Lease Manager position at Michigan Staffing?
Job Summary: The Asset and Lease Manager will be responsible for managing the company’s asset portfolio and lease agreements, ensuring compliance with tax regulations and optimizing tax benefits. This role involves close collaboration with the finance, legal, and operations teams to maintain accurate records, analyze financial data, and support strategic decision-making.
Key Responsibilities:
- Asset Management:
- Maintain and update the asset register, ensuring all assets are accurately recorded and depreciated according to tax regulations.
- Conduct regular audits of physical and intangible assets to verify their existence and condition.
- Coordinate with the finance team to ensure proper capitalization and disposal of assets.
- Lease Management:
- Oversee the administration of lease agreements, including renewals, terminations, and amendments.
- Ensure compliance with lease accounting standards (e.g., ASC 842, IFRS 16) and tax regulations.
- Analyze lease agreements to identify and optimize tax benefits.
- Tax Compliance:
- Collaborate with the tax team to ensure all asset and lease-related transactions comply with local, state, and federal tax laws.
- Prepare and review tax filings related to asset and lease management.
- Stay updated on changes in tax legislation and accounting standards that impact asset and lease management.
- Financial Analysis and Reporting:
- Prepare regular reports on asset and lease performance, including financial metrics and tax implications.
- Provide insights and recommendations to senior management based on financial analysis.
- Support budgeting and forecasting processes related to asset and lease management.
Qualifications:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- CPA or equivalent certification preferred.
- Minimum of 5 years of experience in asset and lease management, preferably within the tax field.
- Strong knowledge of tax regulations, lease accounting standards, and financial reporting.
- Excellent analytical, organizational, and communication skills.
- Proficiency in accounting software and Microsoft Office Suite.
Skills and Competencies:
- Detail-oriented with strong problem-solving abilities.
- Ability to work independently and as part of a team.
- Strong interpersonal skills to collaborate effectively with various departments.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- Retirement savings plan with company match.
- Professional development opportunities.
- Flexible work arrangements.
Salary : $85,000 - $100,000