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Lease Accounting Analyst

AECOMBengaluru
On-site Full-time

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Experience Level

Experience

Qualifications

Minimum Qualifications:CPA or equivalent professional accounting qualification is preferred. A minimum of 2 years of experience in accounting and finance, including at least 1 year specializing in leases and 1 year in a global organization. Experience in operational compliance within shared services. Strong analytical and problem-solving abilities. Proficient in relevant accounting software and tools.

About the job

This position plays a crucial role in ensuring compliance with US GAAP and IFRS accounting standards for all lease agreements, including real estate, operating, and finance leases. The Analyst will leverage existing systems such as Oracle, CoStar, and BlackLine while continuously seeking innovative technology solutions. The role also involves adherence to AECOM's policies and procedures, ensuring compliance with relevant SOX narratives and controls. The successful candidate will report to the Manager of Lease Accounting - GBS.

Key Responsibilities:

  • Timely completion of close processes and reconciliations for leases.
  • Preparation of monthly reconciliations and journal entries to guarantee the accuracy of financial statements.
  • Extraction and abstraction of financial data from CoStar for new, modified, and existing leases.
  • Development of amortization schedules from CoStar.
  • Recording asset and liability adjustments based on CoStar amortization schedules.
  • Preparation of invoices related to sublease income.
  • Compiling a comprehensive list of all leases for corporate filing.
  • Management of other real estate-related cost entries, including utilities and service charges.
  • Quarterly adjustments for equipment assets and liabilities.

Compliance and Auditing:

  • Coordinate with internal auditors to ensure adherence to local regulatory requirements.
  • Ensure compliance with lease-related SOX narratives and control documentation.

Continuous Improvement:

  • Analyze and implement process improvements to enhance efficiency.
  • Optimize existing systems (Oracle, CoStar, BlackLine) and identify new technological opportunities.
  • Meet internal KPIs and customer-focused SLAs to deliver superior lease accounting services.

About AECOM

Join Us and Make a Difference!AECOM is committed to creating a better world. Our projects enhance everyday life, from improving commutes and ensuring energy access to providing clean water and transforming urban landscapes. As a leading global infrastructure consulting firm, we partner with clients to tackle the world's most complex challenges and build legacies for future generations. With a workforce of over 50,000 dedicated professionals, we invite you to bring your innovative ideas and ambitions to our dynamic team.

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