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Lead Consultant

3 months ago

Noida, Uttar Pradesh, India Genpact Full time

With a startup spirit and 115,000 + curious and courageous minds, we have the expertise to go deep with the world's biggest brands—and we have fun doing it We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We're harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.

Now, we're calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.

Welcome to the relentless pursuit of better.

Inviting applications for the role of Lead Consultant - Lease Accounting

Responsibilities:

Lease Accounting Compliance: Stay up to date with the latest lease accounting standards (e.g., ASC 842, IFRS 16) and ensure the client's lease accounting practices are in compliance with these standards. Conduct detailed analysis of lease agreements to determine their proper accounting treatment, including classification, recognition, and measurement of lease assets and liabilities. Collaborate with the client's finance, operations, and project teams to review and document requirements. System Integration and Implementation: Work closely with IT and accounting systems teams to implement and integrate lease accounting software or modules within the organization's financial systems. Participate in the testing and validation of lease accounting software to ensure accurate data processing and reporting. Data Management and Analysis: Oversee the collection and organization of lease data, including lease terms, payments, and options. Analyze lease data and financial reports to identify trends, anomalies, and opportunities for process improvement. Reporting and Documentation: Assist in the design of external financial reports related to leases, ensuring accuracy and consistency in reporting. Document requirements gathered with client and operations teams as per agreed upon templates. Develop test cases and success criteria for various requirements gathered from the business teams. Stakeholder Collaboration: Collaborate with various departments, such as client's and Genpact's finance, operations, and projects, to obtain necessary information and provide guidance on lease accounting matters. Act as a subject matter expert and provide training to stakeholders on lease accounting policies, standards, and procedures. Process Improvement: Identify opportunities for process optimization and automation to enhance the efficiency and accuracy of lease accounting processes. Recommend and implement best practices to streamline lease accounting procedures and ensure adherence to compliance requirements.

Minimum Qualification:

Bachelor's degree in Accounting, Finance, or related field. Certified Public Accountant (CPA) or other relevant certifications (e.g., CMA, CFA) are advantageous. Strong knowledge of lease accounting principles and standards (e.g., ASC 842, IFRS 16). Previous experience in lease accounting, financial analysis, or business analysis is preferred. Proficiency in using accounting software and ERP systems. Analytical mindset with excellent attention to detail. Strong problem-solving skills and the ability to think critically. Effective communication and interpersonal skills to work with cross-functional teams. Ability to manage multiple tasks and meet deadlines in a fast-paced environment.