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Accounting & Reporting Specialist - Gene

ABB
NewPosted today

LOCATION

Bangalore · Onsite

EXPERIENCE

8 - 10 Years

TYPE

FullTime

SKILLS REQUIRED

Lease AccountingIFRS 16ASC 842Financial ReportingInternal ControlsAccount Reconciliation

Job description

Overview

Accounting & Reporting Specialist responsible for end-to-end lease accounting within the General Accounting team, reporting to the Accounting & Reporting Manager – GA.

What you'll do

  • Support end-to-end lease accounting activities for global entities.
  • Ensure accurate accounting and reporting of lease contracts in compliance with IFRS 16 and/or ASC 842.
  • Review lease classifications, calculations, remeasurements, modifications, and terminations.
  • Validate right-of-use (ROU) assets and lease liability calculations.
  • Manage month-end, quarter-end, and year-end lease accounting close activities.
  • Monitor lease capitalization and amortization schedules.
  • Ensure compliance with internal controls, accounting policies, and statutory requirements.
  • Prepare and review lease-related journal entries, reconciliations, and financial disclosures.
  • Support internal and external audits by providing accurate documentation and explanations.
  • Maintain SOX and compliance controls related to lease accounting processes.
  • Allocate workloads and monitor team performance against KPIs and SLAs.
  • Conduct performance reviews and support employee development plans.
  • Collaborate with business units, real estate teams, procurement, legal, and controllers.
  • Act as the primary point of contact for lease accounting matters.
  • Support global finance and business stakeholders with accounting guidance.
  • Manage escalations and resolve complex accounting issues.
  • Identify opportunities to improve efficiency through standardization and automation.
  • Direct system improvement efforts and process transformation initiatives.
  • Support implementation and optimization of lease accounting tools (CoStar, Trintech Cadency).
  • Develop and maintain process documentation and SOPs.
  • Ensure adherence to financial controls and company policies.
  • Monitor aging items, reconciliation exceptions, and control failures.
  • Track and report operational metrics to management.

What you'll need

  • A master's degree in accounting, Finance or Commerce (MBA/Mcom).
  • Minimum 8 to 10 years of experience in Lease Accounting and Record to Report GA.
  • Deep understanding of IFRS 16, ASC 842, and financial reporting standards.
  • Experience leading teams in a shared service, GBS, or multinational environment.
  • Deep familiarity with Tririga, SAP, CFIN, and Costar.

Details

  • Location: Bangalore, India.
  • Work mode: Onsite.
  • Reports to: Accounting & Reporting Manager – GA.

Read the full description and apply on the company’s own careers page.

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Accounting & Reporting Specialist - Gene