Senior Staff Accountant at InvestCloud, Inc.

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

30 Sep, 26

Salary

0.0

Posted On

02 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fixed Asset Accounting, Lease Accounting, U.S. GAAP, IFRS, Oracle NetSuite, Advanced Excel, Financial Reporting, Balance Sheet Reconciliation, Variance Analysis, Audit Support, Intangible Asset Accounting, Internal Controls, Month-end Close, Capitalization Assessment, Asset Lifecycle Management, Financial Compliance

Industry

Financial Services

Description

What does a great PPE and Leases professional do? Ultimately, a strong PPE and Leases professional ensures fixed asset and lease transactions are recorded accurately and on time, supports a disciplined month-end close, maintains balance sheet integrity, and helps the business operate with strong financial control and compliance. They are detail-oriented, collaborative, and able to work effectively across departments and with global stakeholders in a multinational environment. How you will provide meaningful contributions: • Manage month-end, quarter-end, and year-end close activities related to leases, including preparation and review of lease journal entries and supporting schedules. • Account for lease-related balances including right-of-use assets, accruals, prepayments, renewals, modifications, terminations, and reassessments to ensure complete and accurate accounting. • Reconcile lease-related balance sheet accounts monthly, investigate reconciling items, and prepare variance analysis for lease-related balance sheet and income statement accounts. • Coordinate with procurement, facilities, legal, FP&A, and controllership teams to obtain lease data, validate business changes, and support compliance requirements. • Manage operational accounting across the full fixed asset lifecycle, including capitalization, transfers, depreciation, impairment review, retirement, and disposal. • Maintain the fixed assets subledger and ensure completeness and accuracy of asset records. • Review fixed asset purchase orders for proper coding, capitalization assessment, internal order numbers, cost centers, and business area classification. • Prepare and maintain fixed asset roll-forward schedules, monthly reconciliations, and variance analysis for fixed asset and depreciation-related accounts. • Support accounting for intangible assets and capitalized software, including capitalization assessments, amortization schedules, useful life reviews, impairment support, and retirement tracking where applicable. • Partner with technology, project, and finance teams to track software development stages, go-live dates, enhancements, and retirements for capitalized software accounting. • Prepare balance sheet reconciliations, variance commentary, and supporting schedules for month-end close and management review. • Support internal and external audit requests with timely documentation, schedules, and explanations related to leases, fixed assets, and related accounting areas. • Drive process improvements, standardization, and stronger controls across asset and lease accounting processes in partnership with the Global Process Owner and other teams. • Handle ledgers involving multiple countries and support collaboration with global stakeholders where applicable. • Maintain strong documentation standards, adherence to accounting policies, and compliance with U.S. GAAP, local GAAP, and internal control requirements. Basic Qualifications and Skills for Consideration: • Chartered Accountant (CA) with at least 2 years of relevant accounting and financial reporting experience. • Strong working knowledge of U.S. GAAP and IFRS / local GAAP requirements, with practical application in fixed asset and lease accounting. • Experience in fixed asset accounting, lease accounting, or both, with exposure to asset lifecycle accounting and reconciliations. • Proficiency in accounting systems, preferably Oracle NetSuite, along with advanced Excel skills for reconciliations, roll-forwards, and schedule preparation. • Strong understanding of accounting principles, financial reporting, and reconciliations. • High attention to detail, good organizational and time management skills, and the ability to manage multiple priorities and close deadlines. • Effective written and verbal communication skills to work with internal and external stakeholders and collaborate across departments to support global processes. Preferred Skills / Experience • Exposure to intangible asset accounting and capitalization of software development costs. • Experience working in a multinational or shared services environment with multiple countries and global stakeholders. • Demonstrated focus on process improvement, standardization, and strengthening controls in asset and lease accounting workflows. About InvestCloud Headquartered in Los Angeles with a global presence, InvestCloud develops first-class digital financial solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an expanding library of modular apps. The result is powerful products for individual investors and institutions alike, assembled on demand to meet clients’ specific needs. InvestCloud is an equal opportunity employer, and all qualified applicants will receive consideration without regard to protected characteristics under applicable law.

Responsibilities

Manage the full lifecycle of fixed assets and lease accounting, including month-end close activities and balance sheet reconciliations. Coordinate with global stakeholders to ensure compliance with U.S. GAAP and local GAAP while driving process improvements.