Lease Accounting Specialist

2 days ago


Salem, Tamil Nadu, India beBeeAccounting Full time ₹ 9,00,000 - ₹ 12,00,000
Lease Accounting Professional Opportunity

We are seeking an experienced Lease Accounting professional to join our team. The successful candidate will be responsible for maintaining and updating lease accounting schedules in accordance with ASC 842 standards.

  • Maintain and update lease accounting records to ensure compliance with ASC 842 regulations.
  • Prepare and post journal entries related to lease liabilities and right-of-use assets, ensuring accuracy and timeliness.
  • Contribute to the monthly close process and account reconciliations, providing assurance of financial data integrity.
  • Collaborate with Real Estate, Legal, and Accounts Payable teams to ensure seamless communication and coordination.
  • Monitor critical lease dates and ensure timely updates, minimizing potential risks and penalties.
Requirements
  • 1-3 years of experience in accounting, with exposure to lease accounting or real estate accounting principles.
  • Familiarity with ASC 842 and lease accounting concepts is essential.
  • Proficiency in lease accounting software, such as Yardi, CoStar, or Lucernex, is a plus.
  • Strong Excel skills and ability to work with large data sets are crucial.

Familiarity with lease accounting principles and standards is required. If you have a strong background in accounting and are interested in this opportunity, we encourage you to apply.



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