Lease Accounting Specialist

About Inspire Brands:

Inspire Brands is disrupting the restaurant industry through digital transformation and operational efficiencies. The company’s technology hub, Inspire Brands Hyderabad Support Center, India, will lead technology innovation and product development for the organization and its portfolio of distinct brands. The Inspire Brands Hyderabad Support Center will focus on developing new capabilities in data science, data analytics, eCommerce, automation, cloud computing, and information security to accelerate the company’s business strategy. Inspire Brands Hyderabad Support Center will also host an innovation lab and collaborate with start-ups to develop solutions for productivity optimization, workforce management, loyalty management, payments systems, and more.

Lease and Technical Accounting or Revenue Accounting

Lease and Technical Accounting role supports the company’s technical and operational lease accounting function to ensure complete and accurate financial close, internal, and external reporting, and the end-to-end lease cycle.

This position will support efforts to ensure that the lease accounting policy (in accordance with U.S. GAAP ASC 842) is executed and documented, along with appropriate governance, controls, and segregation of duties. This role is highly collaborative and highly visible given the lease accounting risk to the financial statements and important stakeholders (lease admin / legal, accounts payable, financial reporting, corporate accounting, FP&A, Treasury, Tax, etc.).

Additionally, this role will partner with other functional teams, creating efficiency, automation, and standardization over the end-to-end process.

RESPONSIBILITIES:

• Shared service / centralized lease accounting close and reporting process, ensuring compliance with U.S. GAAP, internal controls and company policy and procedures for the accurate and timely payment / billing of leases.
• Support end-to-end lease accounting process by maintaining proper accounting and documentation of all activity in accordance with U.S. GAAP and in compliance with internal and external audits.
• Perform analysis of legal documents and determine lease classification in accordance with U.S. GAAP ASC 842.
• Review lease classification testing in accordance with U.S. GAAP ASC 842.
• Collaborate with senior staff on a regular basis.
• Complete month-end close processes including subledger work in CoStar, general ledger entries, and internal and external financial reporting deliverables, including reconciliations, roll forwards, footnotes, and controls.
• Collaborate with cross-functional departments to ensure accurate accounting and reporting of lease transactions.
• Assist with ad-hoc projects and technical research to help analyze or support Company decisions.

EXPERIENCE AND QUALIFICATIONS:

• Bachelor’s (or equivalent) degree in accounting required.
• Chartered Accountant preferred.
• Minimum 3-4 years of public accounting or large multinational company accounting experience (property accounting preferred).
• Experience with general ledger accounting systems (Oracle Cloud preferred).
• Proficient understanding of U.S. GAAP-based financial accounting (ASC 842, Lease Accounting, experience preferred).

REQUIRED KNOWLEDGE, SKILLS, or ABILITIES:

• Highly proficient in English languages, strong verbal and written communication skills.
• Flexible, “hands-on,” self-starter with strong initiative and work ethic.
• Capacity to ask questions and acquire knowledge from guidance and team discussions.
• Must be able to understand multiple U.S. GAAP concepts and apply that knowledge to real life situations.
• Effective at communicating with other departments and outside auditors on a regular basis, over multiple platforms in a timely manner.
• Analytical skills to draft memos, emails, and footnotes.
• Ability to shift priorities as needed to make progress on multiple brands, projects, and workstreams simultaneously.
• Team player who works with appropriate sense of urgency and ownership to meet deadlines.
• Proficient in Excel (e.G., pivot tables, lookups, etc.) and Word.

Inspire Brands is a multi-brand restaurant company whose portfolio includes nearly 32,000 Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s and SONIC Drive-In restaurants worldwide.

We’re made up of some of the world’s most iconic restaurant brands, but we’re much more than just a restaurant company. We’re a team of hundreds of thousands who individually and collectively are changing the way people eat, drink and gather around the table. We know that food is much more than a staple—it’s an experience. At Inspire, that’s our purpose: to ignite and nourish flavorful experiences.