Tiffany & Co.

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Senior Accountant- Leases and Capital Projects

Senior Accountant- Leases and Capital Projects

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Tiffany & Co is seeking a Sr. Accountant- Leases and Capital Projects to be based in our Parsippany, NJ offices. The Senior Accountant role will be responsible for the new Lease Accounting standard (842), managing the lease accounting system, accounting for property, plant and equipment, capitalized costs, project tracking and ad hoc analysis.  This includes performance or oversight of the financial close processes, collaboration with key stakeholders across North America business functions, and the identification and implementation of process improvements.   This position also supports the Company’s annual financial statement audit requirements, including Sarbanes-Oxley compliance procedures. 


The Sr. Accountant will drive efficient and effective financial close processes in assigned areas through performance of journal entries, account reconciliations, and analysis of financial results, partnering with North America business units as necessary including the following:

  • Analyze and interpret lease terms for proper accounting treatment in accordance with ASC 840/842
  • Review monthly straight-line analysis, ensuring that minimum rent amounts and straight-line dates are properly recorded in accordance with lease terms
  • Responsible for the proper accounting, timely and accurate payment to landlord for percent rent.
  • Administer Capital Expense policy and generate/analyze reporting regarding project accounting and capital expenditures

This position will be responsible for proper fixed asset accounting, including depreciation methods as well as supporting impairment and acceleration analyses. S/he will provide oversight and direction to staff accountants, including review of staff work product and support team member development by providing coaching, communicating feedback sharing knowledge, and providing recommendations on best practices to support the achievement of business objectives. The Sr. Accountant will drive continuous improvement of efficiency and effectiveness by identifying, developing and implementing enhancements to processes and systems improvement opportunities, solutions, monitoring accounting procedures and proposing automation opportunities.This person will assist management with special assignments, as requested, including research and analysis related to the accounting treatment of proposed transactions. This position will support internal and external audit requests and inquiries by coordinating the completion and/or review of assigned audit support and identifying regulatory and operational changes to accounting policies and procedures.



  • A Bachelor’s degree in Accounting
  • 4-6 years of relevant work experience
  • Must have lease experience (ASC 840)
  • Must be fluent in Excel and should have strong PC skills
  • Must be willing to work flexible hours during monthly and year-end closings, as well as for special assignments when requested

Preferred qualifications:

  • Previous Big 4 experience
  • Previous supervisory experience
  • Knowledge of JD Edwards and Hyperion financial systems