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The primary purpose of this position is to perform worldwide lease accounting and reporting. This role will report to the RTR GL Manager at the India Shared Service Center and will work with a number of internal domestic and international business partners at Bio-Rad.
Job Responsibility:
Supporting month-end and year-end close processes for operating leases and preparing reconciliations for related balance sheet accounts
Accounting and reporting relating to the Company’s operating lease portfolio for fixed and variable rent, percentage rent calculations, tenant incentives etc
Preparing and reviewing lease accounting schedules under ASC 842, maintaining FX & discount rates and ensuring that they are appropriately applied to lease agreements
Assisting Corporate Reporting team on gathering necessary information to support all lease accounting disclosure requirements for the Company’s filings with the SEC
Accounting for lease terminations and modifications
Working with local finance teams to establish controls necessary to capture all new leases on a timely basis
Preparing and maintaining lease accounting policies and procedures, as well as participating in training of relevant finance personnel worldwide
Supporting ad-hoc lease accounting-related requests and development of new functionalities and reporting capabilities within the Company’s Lease Query lease accounting system
Assisting GL team on Corp HFM entries, M pack and Q schedules on a timely basis
Assisting manager with special project as needed
Assisting manager with providing Internal and External audit requests
Requirements:
CA, CPA or equivalent preferred
8+ years of professional experience with a public accounting experience preferred
Accounting experience in the areas of lease accounting and restructuring a plus
Strong written and verbal communication skills
Detail-oriented with ability to multitask without sacrificing accuracy
Ability to learn new processes and systems quickly
Excellent time management, analytical and organizational skills
Strong initiative and a process improvement mindset
Advanced Microsoft Excel skills
LeaseQuery experience a plus
Nice to have:
LeaseQuery experience a plus
Accounting experience in the areas of lease accounting and restructuring a plus
What we offer:
competitive insurance plans for you and your immediate family