Lease Accountant

Company profile

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, and development services in institutional -quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $275 billion of real estate in 238 markets globally including offices throughout North America, Europe, South America, and the Asia -Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 803,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $74 billion of assets under management, including nearly $32 billion of development assets.

Job description

The Lease Accountant is responsible for the accounting and reporting of all leases for the company as per US GAAP and IFRS. This includes the analysis, classification, and recording of lease transactions, as well as the preparation of lease disclosures for financial statements. The Lease Accountant will also work with other departments to ensure that lease information is accurate and complete.

Responsibilities -

1. Obtain lease documents from Facilities Manager working across the Globe.

2. Obtain monthly expense statements from Property Managers, Owners, JLL, etc.

3. Analyze, classify, and record lease transactions in Lease Query software.

4. Prepare lease disclosures for financial statements.

5. Work with other departments, external agencies to ensure that lease information is accurate and complete.

6. Assist with the month-end and year-end close process

7. Respond to enquiries from internal and external stakeholders.

8. Maintain lease accounting policies and procedures.

+. Stay up to date on changes to lease accounting standards.

10. Be an SME on lease accounting and Lease Query. Impart training to others.

11. Initiate or participate in improvement projects.

12. Create and maintain quality of process documents, SOPs, etc. at the highest standards.

The incumbent will be reporting to a Director in the US.

Job location – Mohali/Remote.

An ideal candidate would be -

1. CA or CPA with 7-12 years of accounting experience.

2. OR Master's degree in accounting or Commerce with at least 14 years of experience in accounting department.

3. Strong analytical and problem-solving skills.

4. Excellent written and verbal communication skills.

5. Ability to work independently and as part of a team.

6. Proficiency in Microsoft Excel.

7. Experience of working with people across the Globe is mandatory