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Summary

The Accounting Business Partner is primarily responsible for the monthly accounting of operating and finance leases as lessee and lessor, preparation of related monthly, quarterly and annual reports and preparation of monthly and semi-annual lease payments to outside banks and lessors.

Essential Functions

• Gather relevant data on new equipment and real estate leases and prepare classification tests as lessee.

• Set up right of use asset and lease liability schedules in the CoStar accounting software for operating and finance leases as lessee.

• Prepare monthly lease payment requests & provide backup to lessors.

• For secured revenue earning equipment financings, prepare semiannual payment requests including payment of early terminated vehicles (sales or casualties) & provide backup to lessors/banks.

• For new revenue earning equipment secured financings, work with IT, Treasury and Vehicle Administration to finalize pool of vehicles and values, gather backup documentation needed by lenders, ensure funding on timely basis and reconcile to received funds. Set up ongoing accounting including obligation schedules and load detail into database to track early termination sales/casualties.

• Evaluate embedded leases in GPS (Teletrac & Peoplenet) subscriptions. Identify those requiring finance lease accounting, update database, book finance lease additions as lessee and reconcile detail reports to GL.

• Prepare buy out analysis for senior management review & approval. Submit notifications to lessors/banks and coordinate physical payments and recording of pay offs for expiring revenue earning equipment and secured financings.

• For existing operating and finance leases as lessee, post monthly entries to book rent expense, interest & depreciation expenses out of CoStar, prepare monthly roll forward reports, quarterly maturity schedules and monthly account reconciliations.

• As lessor, monitor sales-type system and adjusting entries posted to GL. As needed research and confirm accuracy of unusual transactions including gain or loss on sales type leases, write- down to FMV on early terminations and recording of modifications. Reconcile related balance sheet accounts to detail reports and prepare related quarterly and annual disclosures.

• Backup Senior Lease Accountant and financing analyst on selected tasks.

• Participate in special projects, such as accounting for leases in business combinations, and prepare reports and analysis as requested.

Additional Responsibilities

• Performs other duties as assigned.

Skills and Abilities

• Strong analytical ability to effectively lead and complete projects

• Ability to work independently and as a member of a team

• Ability to create and maintain professional relationships within all levels of the organization (peers, work groups, customers, supervisors)

• Ability to work within tight timeframes and meet strict deadlines

• Capable of multi-tasking, highly organized, detail oriented with excellent follow-up practices

• Strong verbal and written communication skills

• Must possess strong computer skills; advanced Excel required including nested formulas, xlookup, vlookup, pivot tables as well as data management and analysis

Qualifications

• Bachelor’s degree required in Business or Accounting with Master’s degree preferred

• Four years or more Public Accounting experience

• Two years or more Supervisory experience preferred

• Certified Public Accountant preferred

Job Category: Accounting

Compensation Information :

The compensation offered to a candidate may be influenced by a variety of factors, including the candidate’s relevant experience; education, including relevant degrees or certifications; work location; market data/ranges; internal equity; internal salary ranges; etc.

Compensation ranges for the position are below:

Pay Type :

Salaried

Minimum Pay Range:

80,000.00

Maximum Pay Range:

90,000.00

The position may also be eligible to receive an annual bonus, commission, and/or long-term incentive plan based on the level and/or type.

Benefits Information:

For all Full-time positions only : Ryder offers comprehensive health and welfare benefits, to include medical, prescription, dental, vision, life insurance and disability insurance options, as well as paid time off for vacation, illness, bereavement, family and parental leave, and a tax-advantaged 401(k) retirement savings plan.

Ryder is proud to be an Equal Opportunity Employer and Drug Free workplace.

All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

Security Notice for Applicants:

Ryder will only communicate with an applicant directly from a [@ryder.com] email address and will never conduct an interview online through a chat type forum, messaging app (such as WhatsApp or Telegram), or via an online questionnaire. During an interview, Ryder will never ask for any form of payment or banking details and will never solicit personal information outside of the formal submitted application through www.ryder.com/careers .

Should you have any questions regarding the application process or to verify the legitimacy of an interview or Ryder representative, please contact Ryder at careers@ryder.com or 800-793-3754.

Current Employees:

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