Senior Accounting Specialist
6 days ago
At Inspire Brands, we are redefining the restaurant industry by leveraging digital transformation and operational efficiencies. Our technology hub, the Inspire Brands Hyderabad Support Center in India, serves as the epicenter of innovation and product development for our organization and its diverse portfolio of brands.
We are on a mission to develop cutting-edge capabilities in data science, data analytics, e-commerce, automation, cloud computing, and information security to drive our business strategy forward. To achieve this goal, we will establish an innovation lab and collaborate with start-ups to create solutions that optimize productivity, workforce management, loyalty programs, payment systems, and more.
The Senior Accountant, Lease Accounting role plays a critical part in supporting the operational lease accounting function to ensure seamless and accurate financial close, internal and external reporting, and the end-to-end lease cycle.
Key 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, accrual entries, and internal financial reporting deliverables, including roll forwards, footnotes, and controls.
- Prepare and/or review month-end journal entries, perform reconciliations, and analysis of assigned accounts.
- Perform ad-hoc projects to help analyze or support company decisions.
- Bachelor's degree in accounting is required.
- Chartered Accountant certification is preferred.
- Minimum 5 years of experience in public accounting or large multinational company accounting (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).
Estimated salary: $85,000 - $110,000 per year.
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