Senior Accountant - Lease Accounting - CPA

We're hiring for the profile of Senior Accountant- Lease Accounting

Location: Hyderabad, India

Job Reports To: Controller FAO in US and Vice President FAO India

Shift Availability: Candidates should be available from 7:30 PM IST to 4:30 AM IST, with flexibility to support outside of these hours as required.

About the Role:

We are seeking a detail-oriented Lease Accounting Senior Accountant to support backend operations to manages multiple client accounts in restaurant sector and provides central point of contact for all ASC 842 implementation and accounting from India. This role will be an expert and responsible for ASC 842 lease accounting standard and to report the financial impact of their leases for respective clients as part of Centre of Excellence.

Key Responsibility:

- Define Lease Policy as per FASB , administration & adherence.

- Identify all leases and gather information of relevant leased assets

- This will be a very hands-on senior accountant role with no direct reports (at least, initially)

- Interacting with clients and client engagement team members, dealing with Property Works

- Calculate 'Right of use (ROU)' assets with a corresponding lease liability on Balance sheet

- Preparation of accurate lease schedule and posting relevant accounting journals

- Engage in ongoing monitoring and control

- Collaborate with cross functional teams.

Knowledge and Experience:

- Essential: Experience in Retail/ Restaurant industry or Big 4 accounting firm is preferred

- Preferable knowledge on Property Works lease management system

- Education Qualification - Bachelor's degree or equivalent experience. CPA or other equivalent professional qualification would be helpful

- 5-10 years of experience in lease accounting ASC 842; preferably in a complex, fast paced and matrix and challenging work environment