Senior Associate- Fixed Assets & Lease Accounting at S&P Global

Gurugram, Haryana, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, FinanceIndustries

Requirements

Good understanding of accounting principles (particularly US GAAP, ASC 842 & IFRS 16)
Meticulous attention to detail to ensure integrity of financial records
Working knowledge of lease accounting
Experience with SAP ERP system
Flexibility to support UK hours (India hours base)

Responsibilities

Managing the end-to-end accounting of fixed assets, including asset creation, capitalization, disposal, and retirement processes in the SAP ERP system
Executing regular depreciation runs and ensuring accurate calculation and posting of depreciation and amortization expenses in compliance with US GAAP
Managing the month-end close cycle specific to fixed assets, ensuring all associated accounting adjustments are accurately recorded within stipulated timelines and in adherence to OSTTRA's month-end closing calendar
Managing aspects of OSTTRA's lease accounting in compliance with IFRS 16 and ASC 842, including the maintenance of lease schedules and monthly journals
Ensuring all fixed asset accounting practices and reporting are in strict compliance with US GAAP
Preparing month-on-month commentary and analysis on fixed asset movements, depreciation trends, lease accounting and significant variances to support management reporting, including creating and maintaining reports in SAP
Ensuring month-end processes are governed as per local policies and procedures and comply with the internal financial control process at OSTTRA
Performing sub-ledger to general ledger reconciliation and substantiation of fixed asset accounts to ensure accuracy and resolve any discrepancies promptly
Leading the engagement with auditors for the end-to-end fixed assets process and ensuring timely closure of audit items
Proactively identifying opportunities to enhance and streamline fixed asset accounting processes, leveraging automation and best practices to improve efficiency and accuracy
Leading initiatives/projects as required to support any business-driven/system changes related to fixed assets
Collaborating with respective cross-functional teams to obtain necessary inputs for fixed asset capitalization and disposals, including collaboration with Business Functions (such as Technology)

Skills

Fixed Assets Accounting

Lease Accounting

US GAAP

ASC 842

IFRS 16

SAP ERP

Depreciation

Amortization

Journal Entries

Record to Report

S&P Global

Provides financial information and analytics services

About S&P Global

S&P Global provides financial information and analytics to a wide range of clients, including investors, corporations, and governments. The company offers services such as credit ratings, market intelligence, and indices, which help clients understand and navigate the global financial market. S&P Global's products work by utilizing advanced data analytics and research to deliver insights that assist clients in making informed decisions and managing risks. Unlike many competitors, S&P Global has a diverse range of divisions, including S&P Global Ratings and S&P Dow Jones Indices, which allows it to cater to various financial needs. The company's goal is to support clients in driving growth while also committing to corporate responsibility and positive societal impact.

New York City, New YorkHeadquarters

1917Year Founded

IPOCompany Stage

Data & Analytics, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Unlimited Paid Time Off

Professional Development Budget

401(k) Company Match

Family Planning Benefits

Employee Discounts

Risks

Integration challenges with new acquisitions like ProntoNLP may cause operational issues.

Increased competition from AI-driven platforms like Brooklyn Investment Group.

Dependence on volatile credit ratings market could impact revenue stability.

Differentiation

S&P Global integrates advanced AI tools for superior financial analytics capabilities.

The company offers comprehensive ESG solutions, meeting growing sustainability demands.

S&P Global's diverse divisions provide a wide range of financial services globally.

Upsides

Acquisition of ProntoNLP boosts data analytics and sentiment scoring capabilities.

Rising demand for ESG data enhances S&P Global's market position.

Expansion into India strengthens S&P Global's research and insights offerings.

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