Financial Lease Accountant

2 days ago

Nashik, Maharashtra, India beBeeAccounting Full time ₹ 1,00,00,000 - ₹ 2,00,00,000

About our organization:

We are a leading restaurant company that revolutionizes the industry through digital transformation and operational efficiencies.

Our technology hub drives innovation and product development for the organization and its portfolio of distinct brands.

We focus on developing new capabilities in data science, data analytics, eCommerce, automation, cloud computing, and information security to accelerate our business strategy.

We also host an innovation lab and collaborate with start-ups to develop solutions for productivity optimization, workforce management, loyalty management, payments systems, and more.

This role supports our technical and operational lease accounting function.

This position ensures complete and accurate financial close, internal, and external reporting, and the end-to-end lease cycle.

The role supports efforts to ensure that the lease accounting policy (in accordance with U.S. GAAP ASC 842) is executed and documented, along with appropriate governance, controls, and segregation of duties.

Responsibilities:
  • Centralized lease accounting close and reporting process, ensuring compliance with U.S. GAAP, internal controls and company policies and procedures for the 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 organizational decisions.

Achieve excellence by possessing:

  • 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).

The ideal candidate should have:

  • Highly proficient in English language, strong verbal and written communication skills.
  • Flexible, hands-on self-starter 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, over multiple platforms in a timely manner.
  • 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 drive change through innovation and strategic partnerships.

We recognize that food is an experience that brings people together.

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