Deputy Manager - Lease Accounting - CA's Only

EY; Gurugram District; Hybrid; INR 600,000 - 1,000,000; Full time

Job summary

EY is seeking a Senior Accountant (DM) to join the Technical Transaction Group. You will analyze financial aspects of leases, record straight-line adjustments, and prepare journal entries and financial presentations for internal and external reporting.

You will lead cross-functional lease projects, perform monthly close, reconciliations, and collaborate with various stakeholders to ensure GAAP compliance and accurate financial close deliverables.

Qualifications

• Experience analyzing lease data and preparing related financial reporting.
• Ability to lead audits and reconciliations under GAAP.
• Strong communication and collaboration with cross-functional teams.

Responsibilities

• Perform monthly financial close activities, including balance sheet reconciliations and journal entries.
• Prepare reports and financial presentations from contract information.
• Review key contract terms to support internal customers.
• Interpret lease data and summarize into value-added analysis and close deliverables.
• Lead cross-organizational lease projects and communicate processes.
• Support audits by providing data and calculations.

Skills

Lease accounting

Financial analysis

Journal entries

GAAP knowledge

Cross-functional collaboration

Oracle systems

Tools

Oracle

Job description

We are seeking a Senior Accountant(DM) to join our Technical Transaction Group (TTG). TTG is responsible for performing, analyzing, and reporting on complex transactions for internal customers across the globe. Day to day you will focus on analyzing the financial aspects of the Companys leases and its related assets, liabilities and properly recording the Companys straight-line adjustments in the general ledger.

The Senior Accountant will obtain appropriate supporting documentation, partner cross-functionally and lead contract-related projects and audits in accordance with the company policies and relevant GAAP guidance. The incumbent will analyze requests to change terms of existing contracts and support internal customers with post-revision financial information in accordance with internal guidelines. The Senior Accountant will be able to understand and interpret high volumes of lease data and be able to summarize into a value-added analysis and financial close deliverables. Additionally, the incumbent will prepare journal entries, reports, and financial presentations by collecting, analyzing, and summarizing contract information to support external reporting requirements as well as local management requirements and reporting needs.

What You Can Offer Us

• Perform monthly financial close activities, which include performing balance sheet reconciliations, booking journal entries and maintaining internal control documentation.
• Prepare reports and financial presentations by collecting, analyzing, and summarizing contract information.
• Review key business terms of various contracts to support internal customers’ needs.
• Review and interpret leases to identify financial clauses that help assess and manage the Company’s financials, including various contract terms such as term, termination rights and billing amount.
• Analyze requests to change terms of existing contracts; support internal customers with post-revision financial information.
• Prepare reports and financial presentations by collecting, analyzing, and summarizing contract information.
• Perform audits on loaded contracts to ensure that financial terms were processed correctly; communicate audit findings to various business partners. Provide data and calculations to support internal and external audit requests.
• Lead cross-organizational projects impacting land and tenant lease data; effectively communicate processes and collaborate on best practices.
• Identify, and review with peers, situations when accounting guidelines present multiple interpretations for a particular lease and elevate to Manager for resolution as necessary; offer ideas for resolution to correct exceptions and prevent recurrence of issues going forward.
• Stay informed about current Company practices and guidelines, including lease accounting guidance, master lease governance, and commencement date determination, to administer lease documents appropriately in the Oracle system.
• Develop relationships with the Lease Abstraction, Lease Administration, Land Management, Legal, Landlord Relations, and Finance departments to implement and/or support process improvement and develop best practices.