12 Oct
|
InvestCloud
|
India
What does a great PPE and Leases professional do?
Ultimately, a strong PPE and Leases professional ensures fixed asset and lease transactions are recorded accurately and on time, supports a disciplined month-end close, maintains balance sheet integrity, and helps the business operate with strong financial control and compliance. They are detail-oriented, collaborative, and able to work effectively across departments and with global stakeholders in a multinational
workplace.
How you will provide meaningful contributions:
• Manage month-end, quarter-end, and year-end close activities related to leases, including preparation and review of lease journal entries and supporting schedules.
• Account for lease-related balances including right-of-use assets, accruals, prepayments, renewals, modifications, terminations, and reassessments to ensure complete and accurate accounting.
• Reconcile lease-related balance sheet accounts monthly, investigate reconciling items, and prepare variance analysis for lease-related balance sheet and income statement accounts.
• Coordinate with procurement, facilities, legal, FP&A;, and controllership teams to obtain lease data, validate business changes, and support compliance requirements.
• Manage operational accounting across the full fixed asset lifecycle, including capitalization, transfers, depreciation, impairment review, retirement, and disposal.
• Maintain the fixed assets subledger and ensure completeness and accuracy of asset records.
• Review fixed asset purchase orders for proper coding, capitalization assessment, internal order numbers, cost centers,
and business area classification.
• Prepare and maintain fixed asset roll-forward schedules, monthly reconciliations, and variance analysis for fixed asset and depreciation-related accounts.
• Support accounting for intangible assets and capitalized software, including capitalization assessments, amortization schedules, useful life reviews, impairment support, and retirement tracking where applicable.
• Partner with technology, project, and finance teams to track software development stages, go-live dates, enhancements, and retirements for capitalized software accounting.
• Prepare balance sheet reconciliations, variance commentary, and supporting schedules for month-end close and management review.
• Support internal and external audit requests with timely documentation, schedules, and explanations related to leases, fixed assets, and related accounting areas.
• Drive process improvements, standardization, and stronger controls across asset and lease accounting processes in partnership with the Global Process Owner and other teams.
• Handle ledgers involving multiple countries and support collaboration with global stakeholders where applicable.
• Maintain strong documentation standards,
adherence to accounting policies, and compliance with U.S. GAAP, local GAAP, and internal control requirements.
Basic Qualifications and Skills for Consideration:
• Chartered Accountant (CA) with at least 2 years of relevant accounting and financial reporting experience.
• Strong working knowledge of U.S. GAAP and IFRS / local GAAP requirements, with practical application in fixed asset and lease accounting.
• Experience in fixed asset accounting, lease accounting, or both, with exposure to asset lifecycle accounting and reconciliations.
• Proficiency in accounting systems, preferably Oracle Net Suite, along with advanced Excel skills for reconciliations, roll-forwards, and schedule preparation.
• Strong understanding of accounting principles, financial reporting, and reconciliations.
• High attention to detail, good organizational and time management skills, and the ability to manage multiple priorities and close deadlines.
• Effective written and verbal communication skills to work with internal and external stakeholders and collaborate across departments to support global processes.
Preferred Skills / Experience
• Exposure to intangible asset accounting and capitalization of software development costs.
• Experience working in a multinational or shared services environment with multiple countries and global stakeholders.
• Demonstrated focus on process improvement, standardization, and strengthening controls in asset and lease accounting workflows.
📌 Senior Staff Accountant (India)
🏢 InvestCloud
📍 India