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Lease Accountant Specialist

Our prestigious Partner with an information technology background wants to expand its financial team with a Lease Accountant Specialist colleague.

You will meet a complex and diverse role with the following tasks:

- Assist the worldwide project team to set up new processes in line with the requirements of the new lease guidance (US-GAAP and IFRS) and implement the new system designed for maintaining and accounting for lease contracts (lessee side)
- Active participation of the project team work that all accounting implications of the project are considered and appropriately addressed
- Following the completion of the Lease project, perform business as usual activities from the point of the lessee as follows:
- Review of contracts to identify embedded leases
- From accounting perspective evaluate and document significant judgements made on certain elements of the contracts, that suggest the existence of lease (such as renewal & purchase options…etc.), and on the lease classification
- Monitor for significant events or changes that trigger remeasurement of the lease liability
- Supervise data input in the lease software
- Get and review the monthly output data from the lease software, review the corresponding journal entries uploaded in SAP
- Review account reconciliations for leases
- Execute key financial reporting controls introduced as part of the implementation of the new procedures and system in relation lease accounting
- Support internal and external audit
- Proactively take part in process improvements, accounting and lease related projects

Requirements: 

- Degree in Accounting, Finance or related subject
- At least 3-4 years of accounting experience
- Knowledge and practical experience in lease accounting under US GAAP and/or IFRS
- Fluent English both written and oral -
- External audit experience is an advantage
- Outstanding analytical skills
- Ability to understand accounting process flows
- Very good communication skills
- SAP experience is an advantage

Benefits: 

Competitive salary
Supportive team
Brand new office
Home office, flexible working hours
International team, environment

Lease Accountant Specialist

Budapest
Full time

Published on 05.04.2022

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