Lease Accounting

6 days ago


bangalore, India 7DaySearch Full time

Experience: US/UK/Europe exposure is a must Industry Background: Ideally from Real Estate or Hospitality Education: Finance or Accounting degree is mandatory Years of Experience: 7–12 years Compensation: Fixed expectation should not exceed 18 LPA ROLE OVERVIEW: As a Senior Accountant with the Hines Lease Administration group, you will assist in the performance and review of lease abstraction procedures for all North American projects based on standard operating procedures developed by the department. You will also assist in the preparation and review of various calculations throughout the year that are instrumental to the lease administration function. RESPONSIBILITIES: Perform the initial review of the lease abstracts for all new leases and lease amendments for Hines operating properties every period in accordance with the lease administration department’s standard abstraction procedures. Assist with lease administration as follows: interpret lease agreements and accounts for impacts of lease provisions and clauses, ensure that the appropriate accounting treatment has been applied, interpret lease options so that they are applied correctly and draw conclusions as necessary. Assist the staff accountant in the entering of straight-line rent information into the system by providing any necessary accounting determinations. Review straight-line rent information entered in the system and provide adjustments to the staff accountants as necessary. Assist in the preparation and review of the percentage rent calculations in the frequency required per the lease document upon being provided with the sales report for each individual tenant. Assist in the preparation of the annual operating expense reconciliation calculations by tenant. This will include adding actual information by tenant into the templates, performing recalculations of information, tying out data within the template itself for accuracy and consistency and preparing invoices for tenant reconciliations. Assist with the calculation of operating expense estimates for budgets, forecasts and quarterly accruals. Assisting in the preparation and review of the annual rent start letter preparation process for tenants. Support the Accounting Manager and Controller in the preparation of any ad hoc schedules needed for reporting. Provide guidance to the Staff Accountants as necessary in the completion of their roles and responsibilities. As necessary, step in and perform the preparation of the tasks listed above which are noted to be in a review capacity. Comply with all Hines policies and procedures. EDUCATION: Bachelor’s/Masters degree from an accredited university in Accounting or Finance. Completion of CPA/CA/ACCA certification is a plus. SKILLS/CERTIFICATIONS: Strong knowledge and application of Generally Accepted Accounting Principles. Excellent verbal and written communication skills. Analyze and interpret various types of data in order to draw conclusions and solve problems. Proficiency in preparation of computer spreadsheets, analysis, etc. Strong critical thinking skills. Ability to work well independently as well as with a large group of individuals spread across various geographical locations. Exchange ideas, information, and opinions with others to formulate and/or arrive jointly at decisions, conclusions, or solutions. High attention to detail for maintaining accurate records and documentation. Ability to manage high volume and multi-task efficiently.


  • Lease Accountant

    6 days ago


    Bangalore, India Jobted IN C2 Full time

    Role Description: Company Intro Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands - Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it...

  • Lease Accountant

    4 days ago


    Bangalore, India Jobted IN C2 Full time

    Role Description: Company Intro Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands - Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it...


  • Bangalore, India Michael Page Full time

    About Our Client Our client is a global engineering and consulting company. Job Description 1. Lead and manage a lease accounting team responsible for accurate US GAAP and IFRS treatment of lease agreements. 2. Oversee monthly close, reconciliations, and reporting processes, ensuring compliance with SOX and internal controls. 3. Optimize systems like Oracle,...

  • Manager-Lease

    3 weeks ago


    bangalore, India Nouryon Full time

    At Nouryon, our global team of Changemakers takes positive action every day, to reach higher goals collectively and individually. We create innovative and sustainable solutions for our customers to answer society’s needs – today and in the future. Purpose of the Job We are currently seeking a motivated and detail-oriented individual to join our Nouryon...

  • Manager-Lease

    4 days ago


    bangalore, India Nouryon Full time

    At Nouryon, our global team of Changemakers takes positive action every day, to reach higher goals collectively and individually. We create innovative and sustainable solutions for our customers to answer society’s needs – today and in the future. Purpose of the Job We are currently seeking a motivated and detail-oriented individual to join our Nouryon...

  • Process Lead

    3 weeks ago


    Bangalore, Karnataka, India Booking.com Full time

    The Process Operations Lead will be responsible for Oversight and standardization of the Record-To-Report RTR processes for fixed assets and associated end-to-end business processes including the accounting for intangible assets and leases collectively Fixed Assets Partnering with the operational accounting teams to gather analyze data and design process...

  • Senior Accountant

    4 days ago


    bangalore, India SIMĀNA - By Bhoomi Properties Full time

    Job Title: Real Estate Accountant Location: Mumbai Department: Accounts Reports To: Chief Accountant Position Type: Full-Time ______________ Job Overview: We are seeking a meticulous and experienced Accountant to join our Accounts team. The ideal candidate will possess a deep understanding of accounting principles. This role involves managing and reporting...


  • bangalore, India HAKKI FLEET MANAGEMENT PRIVATE LIMITED Full time

    ■Role: Senior Chartered Accountant ・Location: Koramangala, Bangalore ・Employment Type: Full-time ・Experience: 5+ Years ■About Us HAKKI Fleet Management Pvt Ltd is the India subsidiary of HAKKI Group, a Japan based finance and leasing company operating in Kenya, South Africa, and India. Across the group, we have supported over 4,000 taxi drivers...

  • Junior Accountant

    6 days ago


    bangalore, India PumPumPum Full time

    Position:    Junior Accountant Location:    Gurgaon CTC:       3 - 6 Lakh INR To apply:     Company: PumPumPum, Pumpumpum is an asset-light fintech mobility platform. We are empowering pre-owned car users with an IoT-enabled smart car subscription model. Users can select a pre-owned car of their choice, without worrying about the price,...


  • Bangalore, Karnataka, India Acesoft Labs Full time

    Description Primary Skill SAP FI Asset accounting with minimal leasing implementation support experience Experience 8 to 12 Years Project Support Project Particulars SAP FI Asset accounting Expert with 8 12 years of experience Technical Skill sets SAP FI Asset accounting Expert Should have minimum 7 years of experience in FI Asset accounting and Minimal...