Senior Accountant

2 days ago

Hyderabad, Telangana, India Inspire Brands Hyderabad Support Center Full time

About Inspire Brands:

Inspire Brands is disrupting the restaurant industry through digital transformation and operational efficiencies. The companys 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 companys 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.

The Senior Accountant, Lease Accounting role supports the 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 help to ensure that the lease accounting policy (in accordance with US 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:

  • Prepare monthly base/fixed rent payments and billings for all brands via Costar.
  • Prepare variable rent calculation reports, submit to Lease Management for approval and process payments via Costar.
  • Prepare miscellaneous charges for payment/billing on a weekly/bi-weekly basis via Costar.
  • Support lease accounting process by maintaining proper accounting of activity in accordance with GAAP and in compliance with internal and external audits.
  • Liaise with other departments within the organization to ensure lease transactions are properly accounted.
  • Complete month-end close processes including subledger work in CoStar, general ledger adjustment and accrual entries, and internal financial reporting deliverables, including roll forwards, footnotes, and controls.
  • Prepare and/or review month-end journal entries and perform reconciliations and analysis of assigned accounts.
  • Perform ad-hoc projects to help analyze or support Company decisions.

EXPERIENCE AND QUALIFICATIONS:

  • Bachelors (or equivalent) degree in accounting required
  • Chartered Accountant preferred
  • Minimum 5 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 US GAAP-based financial accounting (ASC 842, Lease Accounting, experience preferred)

REQUIRED KNOWLEDGE, SKILLS, OR ABILITIES:

  • Flexible, hands-on, self-starter with strong initiative and work ethic
  • Business-minded, analytical accountant who can work through complex technical accounting issues while balancing and managing details as needed
  • Ability to work in a dynamic, fast paced, fast growing company
  • Ability to develop effective workplans and meet assigned deadlines
  • Team player who works with appropriate sense of urgency and ownership to meet deadlines and make progress on multiple brands, projects, and workstreams simultaneously.
  • Excellent communication skills and a customer service
  • Proficient in MS Excel (e.g. pivot tables, X-lookups, etc.) and Word
  • Oracle knowledge is a plus

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