SME - Lease Accounting & Reporting
ABB · Bengaluru · onsite · Posted 58d ago
Undisclosed10–12 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
You will be working as SME-Lease Accounting and will be reporting to Accounting Reporting Manager GA and will be a part of Bangalore, India. In this role you will be primarily responsible for End-to-End Lease Accounting Process as SME or team focused on the complete, accurate, and timely completion of Lease Accounting Reporting and related activities within the General Accounting (GA) team. Ensure compliance with internal guidelines and procedures as well as external regulatory requirements.
Lease Accounting Operations - Support end-to-end lease accounting activities for global entities.
- Ensure accurate accounting and reporting of lease contracts in compliance with IFand/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.
- Drive a culture of continuous improvement and operational excellence.
- 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.
- Lead system enhancement projects 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.
- A masters degree in accounting, Finance or Commerce (MBA/Mcom) is must.
- Minimum 10to 12 years of experience in Lease Accounting and Record to Report GA.
- Strong knowledge of IFASC 842, and financial reporting requirements.
- Experience leading teams in a shared service, GBS, or multinational environment.
- Strong knowledge of working in Tririga, SAP, CFIN, Costar.
- Work model: on site / Hybrid
- Location: Bangalore
- Division: Finance Accounting Operations
- Job Function: Finance
Sourced from naukri
Skills
Automationfinancial controlsAccounting And ReportingCFINEmployee developmentauditsAmortizationglobal financeASC 842IFRSFinancial ReportingAccountingcompliancefinanceGeneral AccountingAccounting Operations
About ABB
ABB
Industrial Machinery
3.6k+
employees
1988
38 years old
Zurich
Switzerland
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ABB is a leader in automation and electrification, providing solutions that enhance efficiency and sustainability in manufacturing and operations across industries.
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Industrial Machinery
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