Staff Accountant, Lease Accounting

Year    Pune, Maharashtra, India

Job Description


Staff Accountant, Lease Accounting

About GTT:

GTT provides secure global connectivity, improving network performance and agility for your people, places, applications and clouds. We operate a global Tier 1 internet network and provide a comprehensive suite of cloud networking and managed solutions that utilize advanced software-defined networking and security technologies.

We serve thousands of businesses with a portfolio that includes SD-WAN and other WAN services, internet, security, and voice services. Our customers benefit from a customer-first service experience underpinned by our commitment to operational excellence.

For more information on GTT, please visit

Job Summary:

This role is responsible for supporting the group accounting team, with a current focus on the re-implementation of ASC 842 lease accounting. This role will provide accurate financial data to support business decisions through the recording of these transactions to the general ledger for review, reconciliation, reporting, and analysis while ensuring the proper policies and controls are in place. Accountable for the preparation and reporting of the consolidated financial statements under GAAP / IFRS.

GTT Employee Values - The ideal candidate would be used to working a way that is consistent with GTT\xe2\x80\x99s employee values:

  • Curious - Take a pro-active interest in your customer and your colleagues.
  • Collaborative - We work as a team to solve customer problems.
  • Committed - We step up and take ownership to deliver on our promises.
  • Consistent - We strive to deliver a quality experience.
Duties and Responsibilities:
  • Prepare monthly, quarterly, and annual reconciliations pertaining to leases, asset retirement obligations, and other assigned areas
  • Prepare month-end close activities, including calculations, associated journal entries and other relevant documentation for assigned areas
  • Build accurate compilation, analysis, and reporting of financial data, and proposing recommendations on possible courses of action
  • Document and ensure appropriate controls are in place throughout areas of accounting responsibilities
  • Perform analytical review of lease related balances and provide balance sheet account movements to support cash flow reporting
  • Review complex transaction activity for technical accounting, with an emphasis on ASC 842
  • Review and input new and modified lease contracts within the lease accounting system
  • Prepare audit ready documentation and participate in audit coordination for assigned areas
  • Assist in the development, implementation and maintenance of lease processes, procedures, policies and systems to ensure compliance with GAAP and company policy
  • Use qualitative and quantitative analytical tools and techniques to translate data into useful business insights to constructively challenge and support business stakeholders
  • Cultivate strong relationships with accounting staff, key customers, business partners, and stakeholders
  • Align with stakeholders to support process transition and intake as well as support stakeholder fixed assets data requests and analysis
  • Provide recommendations to improve accounting processes and procedures, especially in the lease area
Competencies:
  • Proficiency with accounting systems and Microsoft Excel
  • Experience with Visual Lease a plus
  • Knowledge of GAAP, IFRS guidelines and ASC 842
  • Strong analytical thinking, problem solving, and organizational skills
  • Strong attention to detail
  • Time management skills / ability to prioritize workload
  • Strong lease and general ledger accounting skills
  • Experience in the telecommunications industry preferred
  • Clear oral and written communication skills
  • Demonstrates initiative, resourcefulness, and self-motivation
Desirable Criteria:
  • University degree required with a preference in Finance or Accounting
  • CPA or equivalent preferred
  • Big 4 experience or equivalent role/experience within a U.S. public company
  • 3-5 years of accounting work experience
Location/Hours/Travel/Shift:

Primarily remote, with visits to GTT\xe2\x80\x99s corporate headquarters in McLean, VA as needed.

Work Environment and Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to spend long hours on a computer keyboard, sit, talk, hear, and use hands and fingers to grasp, handle, feel or operate objects, tools or controls. The employee is occasionally required to balance, stoop, kneel, crouch, reach with hands and arms, walk, lift, push or pull objects up to 20 pounds. Hand-eye coordination necessary to operate computers and various pieces of office equipment. Specific vision abilities required by this job include close vision and the ability to adjust focus.

EEO Statement:

GTT provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, GTT complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

GTT expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of GTT\xe2\x80\x99s employees to perform their job duties may result in discipline up to and including discharge.

GTT Communications

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Job Detail

  • Job Id
    JD3112713
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Pune, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year