Financial Lease Specialist

1 day ago

Ajmer, Rajasthan, India beBeeaccountant Full time US$ 81,968 - US$ 1,34,116
Accountant Job Description

About the Role:

The Accountant position supports technical and operational lease accounting functions, ensuring complete and accurate financial close, internal, and external reporting, and the end-to-end lease cycle.

This role will ensure the execution and documentation of lease accounting policy in accordance with U.S. GAAP ASC 842, along with appropriate governance, controls, and segregation of duties.

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

Responsibilities include:

  • Shared service / centralized lease accounting close and reporting process, ensuring compliance with U.S. GAAP, internal controls, and company policy and procedures.
  • 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.
  • Collaborate with cross-functional departments to ensure accurate accounting and reporting of lease transactions.

Requirements include:

  • Bachelor's (or equivalent) 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).

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