Senior Staff Accountant

Posted Yesterday
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Bengaluru, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Fintech • Software
The Role
Manage lease, fixed asset, intangible asset, and capitalized software accounting across month-, quarter-, and year-end close. Prepare journal entries, reconciliations, roll-forwards, variance analyses, and audit support while maintaining subledgers and compliance with U.S. GAAP, IFRS, local GAAP, and internal controls. Collaborate with global stakeholders and cross-functional teams, support multinational ledgers, and improve asset and lease accounting processes.
Summary Generated by Built In

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.

Skills Required

  • Chartered Accountant (CA) qualification
  • At least 2 years of relevant accounting and financial reporting experience
  • Strong working knowledge and practical application of U.S. GAAP and IFRS/local GAAP
  • Experience in fixed asset accounting, lease accounting, or both
  • Experience with asset lifecycle accounting and reconciliations
  • Proficiency in accounting systems, preferably Oracle NetSuite
  • Advanced Microsoft Excel skills for reconciliations, roll-forwards, and schedule preparation
  • Strong understanding of accounting principles, financial reporting, and reconciliations
  • Attention to detail, organization, time management, and ability to manage close deadlines
  • Effective written and verbal communication and cross-functional collaboration skills
  • Exposure to intangible asset accounting and capitalization of software development costs
  • Experience in a multinational or shared services environment with multiple countries and global stakeholders
  • Experience with process improvement, standardization, and strengthening accounting controls
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The Company
HQ: West Hollywood, CA
1,100 Employees
Year Founded: 2010

What We Do

InvestCloud, a global leader in wealth technology, aspires to enable a smarter financial future. Driving the digital transformation of the wealth management industry, the company serves a broad array of clients globally, including Wealth and Asset Managers, Wirehouses, Banks, RIAs, and Insurers. In terms of scale, the company’s clients represent more than 40 percent of the $132 trillion of total assets globally. As a leader in delivering personalization and scale across advisory programs, including unified managed accounts (UMA) and separately managed accounts (SMA), the company is committed to the success of its clients. By equipping and enabling advisors and their clients with connected technology, enhanced intelligence, and inspired experiences, InvestCloud delivers leading digital wealth management and financial planning solutions, complemented by a dynamic data warehouse, which scale across the complete wealth continuum. In 2024, InvestCloud was named a CNBC World’s Top Fintech Company, a proof point of the company’s commitment to innovation and client success. Headquartered in the United States, InvestCloud serves clients around the world.

Why Work With Us

Our growth is driven by our people as much as by our product. We are a team of operators, designers and artists. We value fresh perspectives as well as seasoned experience. We are connected by a strong sense of fun and family, working with focus to meet and exceed the highest standards.

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