Senior Analyst - Lease Accounting
20 days ago Pune, India
About us
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.
- Size: 10,000+ employees
- Industry: Engineering
What you'll do:
A Senior Analyst - Lease Accounting is responsible for end to end lease accounting under ASC 842/ Ind AS 116 / IFRS 16 , ensuring accurate accounting, compliance, and reporting for operating and finance leases.
• This role typically sits within RTR / Corporate Accounting / Technical Accounting who can do On time and accurate lease month close with Zero defect mindset
Key Responsibilities
Lease Accounting & Compliance
• Manage accounting for operating & finance leases under ASC 842
• Perform lease classification, recognition, and measurement
• Calculate and review ROU assets, lease liabilities, interest & depreciation
• Handle lease modifications, remeasurements, impairments, and terminations
• Ensure compliance with internal controls and SOX (if applicable)
Financial Close & Reporting
• Own monthly / quarterly / annual close activities related to leases
• Prepare and review journal entries, reconciliations, and roll-forwards
• Support statutory audits, internal audits, and management reviews
• Prepare disclosures for financial statements & notes
Systems & Process
• Manage lease data in lease accounting tools ( Co star - Lease analysis tool )
• Partner with AP, Legal, Real Estate, Procurement
• Drive process improvements, automation, and standardization
• Support new lease implementations and system migrations
• Support to close Lease tickets raised by Stakeholders
Stakeholder & Advisory
• Act as SME for lease accounting
• Interpret contract terms and advise business partners
• Support policy updates and accounting memos
Qualifications:
• CA / CMA / MBA
• 4-8 years experience in accounting or RTR
Skills:
• Strong hands on expertise in Ind AS 116 / IFRS 16 / ASC 842
• Experience in shared services or corporate accounting is a plus
• Strong understanding of US GAAP or IFRS (depending on company)
• Experience working with large lease portfolios
________________________________________
Key Skills
Technical
• Lease accounting standards (Ind AS 116 / ASC 842)
• Financial close & account reconciliation
• Financial statement disclosures
• Audit support & documentation
• ERP systems (SAP / Oracle) + lease tools
Soft Skills
• Analytical mindset & attention to detail
• Stakeholder communication
• Problem solving & ownership mindset
• Ability to work independently as SME
A Senior Analyst - Lease Accounting is responsible for end to end lease accounting under ASC 842/ Ind AS 116 / IFRS 16 , ensuring accurate accounting, compliance, and reporting for operating and finance leases.
• This role typically sits within RTR / Corporate Accounting / Technical Accounting who can do On time and accurate lease month close with Zero defect mindset
Key Responsibilities
Lease Accounting & Compliance
• Manage accounting for operating & finance leases under ASC 842
• Perform lease classification, recognition, and measurement
• Calculate and review ROU assets, lease liabilities, interest & depreciation
• Handle lease modifications, remeasurements, impairments, and terminations
• Ensure compliance with internal controls and SOX (if applicable)
Financial Close & Reporting
• Own monthly / quarterly / annual close activities related to leases
• Prepare and review journal entries, reconciliations, and roll-forwards
• Support statutory audits, internal audits, and management reviews
• Prepare disclosures for financial statements & notes
Systems & Process
• Manage lease data in lease accounting tools ( Co star - Lease analysis tool )
• Partner with AP, Legal, Real Estate, Procurement
• Drive process improvements, automation, and standardization
• Support new lease implementations and system migrations
• Support to close Lease tickets raised by Stakeholders
Stakeholder & Advisory
• Act as SME for lease accounting
• Interpret contract terms and advise business partners
• Support policy updates and accounting memos
Qualifications:
• CA / CMA / MBA
• 4-8 years experience in accounting or RTR
Skills:
• Strong hands on expertise in Ind AS 116 / IFRS 16 / ASC 842
• Experience in shared services or corporate accounting is a plus
• Strong understanding of US GAAP or IFRS (depending on company)
• Experience working with large lease portfolios
________________________________________
Key Skills
Technical
• Lease accounting standards (Ind AS 116 / ASC 842)
• Financial close & account reconciliation
• Financial statement disclosures
• Audit support & documentation
• ERP systems (SAP / Oracle) + lease tools
Soft Skills
• Analytical mindset & attention to detail
• Stakeholder communication
• Problem solving & ownership mindset
• Ability to work independently as SME
Additional Information
- Posted: 20 days ago