Record to Report-Lease Accounting

Applies subject matter knowledge to solve complex business issues. Works on assignments that are complex problems where analysis of situations or data requires an in-depth evaluation of multiple factors. Responds to financial queries by gathering, analyzing, summarizing, and interpreting data. Participates in functional project teams and in cross-functional initiatives. Obtains direction and guidance to process improvements and establish a process. Exercises significant independent judgment within broadly defined policies and practices to determine best method for accomplishing work and achieving objectives. May provide mentoring and guidance to peer employees.

Responsibilities:
• Communicates and drives adherence to US GAAP and the organizations financial policies typically exercising a strong understanding of the business to determine the best interpretations of GAAP as detailed below:
• Performing lease accounting analyses for embedded leases and service contracts
• Provide training to the stakeholders to strengthen their knowledge of lease accounting standard & lease accounting operations. Also, to educate them on any changes to processes or tools/reports available.
• Partnering with multiple stakeholders including CFR, Business Operations and Business Finance teams to understand the business. Need to have ability to network and influence senior stakeholders.
• Participate in process redesigning, system implementation and control improvement to ensure compliance with the requirements of ASC 842 and SoX.
• Accurate & timely delivery of monthly and quarterly disclosure information for ASC 842 and other business-related reporting and month end deliverables.
• Preparing and maintaining lease accounting policies and procedures notes, as well as participating in training of relevant finance personnel.
• Supporting global and local statutory reporting requirements
• Working with global teams to establish controls necessary to capture all new leases on a timely basis
• Thorough knowledge of the new lease standard ASC 842.
• Work is completed with minimal supervision and assignments may be completed without established procedures

Education and Experience Required:
• First level university degree with a focus in business or economics; advanced accounting certification (e.g., CA, CPA) required.
• 4+ years of post-qualification experience as a financial analyst.
• Experienced in more than one finance function.

Knowledge and Skills:
• Excellent understanding of accounting principles, GAAP and financial analysis, with advanced knowledge in GAAP.
• Excellent analytical skills.
• Excellent business application skills (e.g., Microsoft Excel).
• Excellent communication and influencing skills.
• Superior teamwork skills
• Good project management skills.