Manager, Lease Accounting
Evgo · Remote · Remote · $110.7k–$138.4k
Posted by Evgo on their careers site · View the original posting
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About EVgo
EVgo (Nasdaq: EVGO) is one of the nation’s largest public fast charging networks for electric vehicles. Our mission is to build a sustainable business that powers our transportation and protects our planet. As a leader in clean transportation, EVgo sits at the intersection of technology, infrastructure, and innovation.
We are rapidly expanding our national footprint through strategic partnerships with retailers, automakers, rideshare and, fleets, bringing fast charging to communities across the country. EVgo enables drivers of all makes and models to charge where they want, when they want.
At EVgo, sustainability is not just what we do; it is who we are. We are committed to reducing carbon emissions, advancing clean energy solutions, and building infrastructure that supports a more sustainable future. We believe great companies are built by great people. Our culture is mission driven, customer centric, collaborative, and innovative, with a strong focus on creating an environment where employees can grow and make a lasting positive impact. Join us as we charge forward.
Position Summary
The Manager, Lease Accounting leads EVgo's end-to-end lease accounting function, owning the monthly close cycle for the full lease portfolio, maintaining compliance with ASC 842, and serving as the primary accounting authority on lease classification, portfolio modifications, and policy development. This role manages lease transactions through CoStar, coordinates closely with the Lease Administration, FP&A, and SEC Reporting teams, and ensures that lease accounting processes meet EVgo's internal control requirements under SOX 404. The Manager, Lease Accounting drives continuous improvement in lease accounting workflows and supports the development of staff.
Responsibilities
Lease Portfolio Management & Close
- Own the monthly, quarterly, and annual financial close process for EVgo's full lease portfolio, ensuring all entries are prepared, reviewed, and posted accurately and on time.
- Assess and record new leases, lease amendments, renewals, extensions, and terminations within CoStar in accordance with ASC 842, ensuring proper classification as operating or finance leases.
- Review and approve lease amortization schedules, right-of-use asset and liability balances, and period-end GL reconciliations, including reconciliation of lease accounts to CoStar and clearing accounts.
- Responsible for outgoing rent and site host submeter payments, includes reviewing for accuracy and approving.
- Identify contract variations and embedded lease provisions that may trigger accounting adjustments under ASC 842; document accounting conclusions in technical memos for significant transactions.
- Assess lease portfolios for impairment triggers and perform or coordinate appropriate impairment analyses, documenting conclusions in accordance with applicable accounting guidance.
- Assess and account for asset retirement obligations (ARO) related to contractual s
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ches, and care decisions
- Flexible Care Options: Telehealth services for convenient, low-cost access to care
- Growth & Development: Mentorship programs and opportunities for career growth and internal mobility
- Additional Perks: Monthly Tech Stipend, one-time home office setup reimbursement, Volunteer time off, commuter benefits, and employee focused programs
Additional Information
- Actual salary may vary depending on job-related factors, including knowledge, skills, experience, and location. In addition to a competitive base salary, we offer discretionary target cash bonuses, restricted stock units (subject to Board Approval), and a comprehensive benefits package including health, life, and disability insurance, unbounded paid time off including parental leave, and a 401(k).
- To find out more, or to join the EVgo network, visit www.evgo.com . Connect with EVgo on LinkedIn and follow us on X . At EVgo, we are committed to creating an equitable and inclusive workplace where everyone feels welcome. We are an equal opportunity employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. Learn more about Cultivating Connection at EVgo. EVgo is also committed to providing reasonable accommodation to individuals with disabilities. Apply today to join our team and help make a meaningful impact in the fight against climate change. By submitting this form, you acknowledge you are sharing your personal information with EVgo. By proceeding, you consent to EVgo's Privacy Policy and Privacy Notice for California Residents. Find all details regarding personal information we collect, how we use that information, how we share that information, and your rights and choices in our here .