R2R- Leasing accounting

2 days ago

Hyderabad, Telangana, India Indihire Consultants Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Role & responsibilities

  • Review and process lease contracts (operating and finance leases) in compliance with company policies and accounting standards.
  • Set up and maintain lease data in ERP systems or lease accounting tools (e.g., SAP RE-FX, Oracle Lease Accounting, CoStar, or Nakisa).
  • Calculate and record monthly lease amortization, interest expense, and right-of-use (ROU) asset depreciation.
  • Ensure accurate posting of lease-related journal entries and adjustments.
  • Perform monthly reconciliations of lease accounts, ROU assets, and lease liabilities.
  • Support the month-end and year-end closing process, ensuring timely reporting of all lease-related financials.
  • Collaborate with Treasury, FP&A, and Business teams to validate payment schedules, lease renewals, and terminations.
  • Support internal and external audits by providing relevant documentation and reconciliations.
  • Maintain compliance with IFRS 16 / ASC 842 and internal control standards.
  • Identify opportunities to improve accuracy and efficiency in the lease accounting process.

Preferred candidate profile

  • Strong understanding of lease accounting standards (IFRS 16 / ASC 842).
  • Working knowledge of R2R and general ledger accounting processes.
  • Proficiency in ERP systems (SAP, Oracle, or similar) and lease accounting tools (e.g., Nakisa, CoStar, LeaseQuery).
  • Strong analytical and reconciliation skills.
  • Attention to detail and accuracy in financial reporting.
  • Good communication and cross-functional collaboration skills.
  • Ability to work independently and meet deadlines under pressure.

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