Senior Accountant _Lease Accounting

Xpheno Private Limited; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Xpheno Private Limited in Bengaluru seeks a Senior Accountant Lease Accounting to lead global lease accounting activities, close cycles, and reporting. You will ensure ASC 842 compliance, prepare journal entries, and coordinate with cross-functional teams across Real Estate, Tax, FP&A and IT.

The role emphasizes SOX controls, audits and continuous improvement in lease processes, with strong emphasis on data accuracy in the CoStar system.

Qualifications

• 5+ years in Accounting/GL/Technical Accounting.
• Strong understanding of US GAAP.
• Lease accounting / ASC 842 experience preferred.
• Proficient in month-end close, reconciliations, journal entries and variance analysis.
• Advanced Excel skills; experience with SAP S/4HANA, CoStar, OneStream or BlackLine.

Responsibilities

• Manage monthly, quarterly and annual lease accounting close.
• Apply US GAAP and local GAAP requirements for lease transactions.
• Handle ASC 842 lease accounting activities.
• Prepare and review lease journal entries, reconciliations and variance analysis.
• Manage lease accounting schedules, disclosures, maturity analysis.
• Review lease agreements and ensure accurate lease data in CoStar.
• Collaborate with Technical Accounting, FP&A, Tax, P2P, Real Estate and Technology teams.
• Support SOX controls, statutory audits, US financial audits and SEC reporting.
• Identify and resolve accounting issues and reconciliation breaks.
• Support process improvements, automation and standardization initiatives.

Skills

Lease Accounting

US GAAP

Month-end Close

Reconciliations

Variance Analysis

Excel

Stakeholder Mgmt

ASC 842

CoStar

OneStream

BlackLine

Tools

SAP S/4HANA

CoStar

OneStream

BlackLine

Job description

Job Description:

We are looking for a Senior Accountant Lease Accounting to join the Global Business Services team in Bengaluru. The role will be responsible for managing global lease accounting activities, month-end close, reconciliations, reporting, compliance, and lease accounting systems.

Key Responsibilities:

• Manage monthly, quarterly and annual lease accounting close activities.
• Apply US GAAP and local GAAP accounting requirements for lease transactions.
• Handle ASC 842 / Lease Accounting activities.
• Prepare and review lease journal entries, reconciliations and variance analysis.
• Manage lease accounting schedules, disclosures, commitments and maturity analysis.
• Review lease agreements and ensure accurate lease data in the CoStar lease management system.
• Work with Technical Accounting, FP&A, Tax, P2P, Real Estate and Technology teams.
• Support SOX controls, statutory audits, US financial audits and SEC reporting.
• Identify and resolve accounting issues and reconciliation breaks.
• Support process improvements, automation and standardization initiatives.

Required Skills:

• 5+ years of relevant professional experience in Accounting / GL / Technical Accounting.
• Strong understanding of US GAAP.
• Hands-on experience in Lease Accounting / ASC 842 preferred.
• Experience with month-end close, reconciliations, journal entries and variance analysis.
• Strong Excel skills.
• Experience with SAP S/4HANA, CoStar, OneStream or BlackLine is preferred.
• Experience working with a US multinational / global accounting environment is preferred.
• Strong analytical, communication and stakeholder-management skills.