Lead Consultant - Lease Accounting

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Now, we're calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.

Welcome to the relentless pursuit of better.

Inviting applications for the role of Lead Consultant - Lease Accounting

Responsibilities:

• Lease Accounting Compliance:
• Stay up to date with the latest lease accounting standards (e.g., ASC 842, IFRS 16) and ensure the client's lease accounting practices are in compliance with these standards.
• Conduct detailed analysis of lease agreements to determine their proper accounting treatment, including classification, recognition, and measurement of lease assets and liabilities.
• Collaborate with the client's finance, operations, and project teams to review and document requirements.
• System Integration and Implementation:
• Work closely with IT and accounting systems teams to implement and integrate lease accounting software or modules within the organization's financial systems.
• Participate in the testing and validation of lease accounting software to ensure accurate data processing and reporting.
• Data Management and Analysis:
• Oversee the collection and organization of lease data, including lease terms, payments, and options.
• Analyze lease data and financial reports to identify trends, anomalies, and opportunities for process improvement.
• Reporting and Documentation:
• Assist in the design of external financial reports related to leases, ensuring accuracy and consistency in reporting.
• Document requirements gathered with client and operations teams as per agreed upon templates.
• Develop test cases and success criteria for various requirements gathered from the business teams.
• Stakeholder Collaboration:
• Collaborate with various departments, such as client's and Genpact's finance, operations, and projects, to obtain necessary information and provide guidance on lease accounting matters.
• Act as a subject matter expert and provide training to stakeholders on lease accounting policies, standards, and procedures.
• Process Improvement:
• Identify opportunities for process optimization and automation to enhance the efficiency and accuracy of lease accounting processes.
• Recommend and implement best practices to streamline lease accounting procedures and ensure adherence to compliance requirements.

Minimum Qualification:

• Bachelor's degree in Accounting, Finance, or related field.
• Certified Public Accountant (CPA) or other relevant certifications (e.g., CMA, CFA) are advantageous.
• Strong knowledge of lease accounting principles and standards (e.g., ASC 842, IFRS 16).
• Previous experience in lease accounting, financial analysis, or business analysis is preferred.
• Proficiency in using accounting software and ERP systems.
• Analytical mindset with excellent attention to detail.
• Strong problem-solving skills and the ability to think critically.
• Effective communication and interpersonal skills to work with cross-functional teams.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com . Follow us on Twitter, Facebook, LinkedIn, and YouTube.

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.

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