Financial Accounting Specialist

12 hours ago

Mysore, Karnataka, India beBeeAccountant Full time ₹ 1,80,00,000 - ₹ 2,50,00,000
Job Title: Financial Accounting Specialist Job Description:The role involves supporting the company's technical and operational lease accounting function to ensure complete and accurate financial close, internal, and external reporting. This includes executing and documenting the lease accounting policy in accordance with U.S. GAAP ASC 842, as well as creating efficiency, automation, and standardization over the end-to-end process. Key Responsibilities:
  • 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 (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).
 Preferred Skills:
  • Highly proficient in English language skills.
  • Flexible and self-starting individual 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.
  • 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 appropriate sense of urgency and ownership to meet deadlines.
  • Proficient in Excel (e.g., pivot tables, lookups, etc.) and Word.
 We are looking for an experienced financial accounting specialist to join our team.

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