Senior Accounting Professional
2 weeks ago
About Inspire Brands Hyderabad Support Center:
We are disrupting the restaurant industry through digital transformation and operational efficiencies. Our technology hub will lead technology innovation and product development for the organization and its portfolio of distinct brands. We will focus on developing new capabilities in data science, data analytics, e-commerce, automation, cloud computing, and information security to accelerate our business strategy.
The Senior Accountant, Lease Accounting role supports the operational lease accounting function to ensure complete and accurate financial close, internal, and external reporting, and the end-to-end lease cycle.
This position will help to ensure that the lease accounting policy (in accordance with US GAAP ASC 842) is executed and documented, along with appropriate governance, controls, and segregation of duties. This role is highly collaborative and highly visible given the lease accounting risk to the financial statements and important stakeholders (lease admin/legal, accounts payable, financial reporting, corporate accounting, FP&A, Treasury, Tax, etc.).
Additionally, this role will partner with other functional teams, creating efficiency, automation, and standardization over the end-to-end process.
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 and accrual entries, and internal financial reporting deliverables, including roll forwards, footnotes, and controls.
- Prepare and/or review month-end journal entries and perform reconciliations and analysis of assigned accounts.
- Perform ad-hoc projects to help analyze or support Company decisions.
Qualifications and Skills:
- Bachelor's degree in accounting required
- Chartered Accountant preferred
- Minimum 5 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 US GAAP-based financial accounting (ASC 842, Lease Accounting, experience preferred)
Salary Range: $90,000 - $110,000 per annum, based on qualifications and location.
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