Financial Lease Accountant

7 days ago

Ahmedabad, Gujarat, India beBeeFinancialAccounting Full time ₹ 18,00,000 - ₹ 25,00,000
Job Description

We are seeking a highly skilled Financial Lease Accountant to join our team. The successful candidate will be responsible for ensuring complete and accurate financial close, internal, and external reporting, as well as the end-to-end lease cycle.

The ideal candidate will have a strong background in accounting principles and experience with lease accounting. They will be able to execute and document the lease accounting policy (in accordance with U.S. GAAP ASC 842) along with appropriate governance, controls, and segregation of duties.

The Financial Lease Accountant will partner with other functional teams to create efficiency, automation, and standardization over the end-to-end process.

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:
  • Strong background in accounting principles.
  • Experience with lease accounting.
  • Ability to execute and document lease accounting policy.
  • Strong analytical skills.
  • Excellent communication skills.
  • Ability to work collaboratively with other functional teams.

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