Lease Accounting Specialist

2 weeks ago

Guntur, Andhra Pradesh, India beBeeAccounting Full time ₹ 15,00,000 - ₹ 20,00,000
Job Title:

Accounting Professional - Lease Accounting Specialist

Job Description:

Our company is disrupting the restaurant industry through digital transformation and operational efficiencies. We are focused on developing new capabilities in data science, data analytics, e-commerce, automation, cloud computing, and information security to accelerate our business strategy.

The technical and operational lease accounting function supports complete and accurate financial close, internal, and external reporting, and the end-to-end lease cycle. This role will execute and document the lease accounting policy with appropriate governance, controls, and segregation of duties.

This highly collaborative role partners with other functional teams to create efficiency, automation, and standardization over the end-to-end process.

  • Support a centralized lease accounting close and reporting process ensuring compliance with U.S. GAAP, internal controls, and company policies.
  • Maintain 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, general ledger entries, and internal and external financial reporting deliverables.
  • 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.
Required Skills and Qualifications:

Bachelor's degree in accounting required.

Chartered Accountant preferred.

Minimum 3-4 years of public accounting or large multinational company accounting experience.

Experience with general ledger accounting systems preferred.

Proficient understanding of U.S. GAAP-based financial accounting and lease accounting.

Benefits:

Working as part of a dynamic team that is changing the way people eat, drink, and gather around the table.

Opportunity to develop new skills and expertise in lease accounting.

A chance to be part of a global organization with a portfolio of nearly 32,000 restaurants worldwide.

Others:

Highly proficient in English language, 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.

Ability 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.

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 a sense of urgency and ownership to meet deadlines.

Proficient in Excel and Word.

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