Financial Services Professional

7 days ago

Ellore, Andhra Pradesh, India beBeeAccountant Full time ₹ 80,00,000 - ₹ 1,50,00,000

Accounting Specialist - Lease and Technical Accounting

The Lease and Technical Accounting specialist plays a vital role in ensuring the company's financial close is complete, accurate, and timely. This position supports the technical and operational lease accounting function to guarantee compliance with U.S. GAAP (Generally Accepted Accounting Principles) ASC 842.

This individual will be responsible for executing and documenting the lease accounting policy, along with appropriate governance, controls, and segregation of duties. The successful candidate will have a strong understanding of U.S. GAAP concepts and be able to apply that knowledge to real-life situations.

Key Responsibilities:

  • Shared service / centralized lease accounting close and reporting process to ensure compliance with U.S. GAAP, internal controls, and company policies and procedures for 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.

Required Skills and Qualifications:

  • 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).

At Inspire Brands, we're committed to igniting flavorful experiences and nourishing our team members' growth.

We're a multi-brand restaurant company with a portfolio of nearly 32,000 restaurants worldwide. Our team of hundreds of thousands works together to change the way people eat, drink, and gather around the table.

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