Financial Accounting Specialist

4 hours ago

Kurnool, Andhra Pradesh, India beBeeAccounting Full time ₹ 15,00,000 - ₹ 25,00,000
Job Title: Accounting Specialist

About Our Organization:

We are a leading company in the restaurant industry, driving innovation through digital transformation and operational efficiencies. Our technology hub in Hyderabad, India, serves as a key location for developing new capabilities and product development.

This role supports our technical and operational lease accounting function, ensuring complete and accurate financial close, internal, and external reporting, and the end-to-end lease cycle.

The successful candidate will support efforts to execute and document our lease accounting policy, adhering to U.S. GAAP ASC 842 guidelines and maintaining appropriate governance, controls, and segregation of duties.

This position is highly collaborative and visible given the lease accounting risk to our financial statements and stakeholders.

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.
Requirements:
  • Bachelor's 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).
Skills and Qualifications:
  • 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 an appropriate sense of urgency and ownership to meet deadlines.
  • Proficient in Excel (e.g., pivot tables, lookups, etc.) and Word.

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