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Senior Analyst II - Lease Accounting

Primary Location: Bangalore,Karnataka


Additional Location(s):

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About VMware:

VMware (NYSE: VMW) is the global leader in virtualization and cloud infrastructure, two areas that consistently rank as top priorities among CIOs. VMware delivers award-winning, customer-proven solutions that accelerate IT by reducing complexity and enabling more flexible, agile service delivery. Our solutions help organizations of all sizes, lower costs, increase business agility and ensure freedom of choice. We are searching for people who are ready to accelerate, innovate and lead to join our team of more than 20,000+ employees in 120+ locations worldwide working to develop creative solutions that deliver the future of IT through cloud computing. Having the audacity to challenge constraints and problem-solve for tomorrow starts today, and it starts with you. Learn more at www.vmware.com/careers.

Role:                                   Senior Analyst II - Lease Accounting

Type:                                 Full time

Location:                            Bengaluru

Reporting to:                     Manager – General Ledger

Job Description

The Analyst will have reporting in the Lease Accounting Team with focus Accounting activities related to leases. He/She will be responsible for accounting for lease related transactions as per ASC 842. 

Key Responsibilities

  • Lease identification and assessment through contract reviews
  • Accounting and application of ASC 842 on in-scope contracts
  • Set-up new leases and validation of lease data and attributes in SAP Lease System (RE/FX)
  • Validation of system-generated journal entries and preparation of any manual journal entries as necessary
  • Reconciliation of system reports against general ledger and investigate/resolve variances timely
  • Work closely with Real Estate Workplace (REW), Global Strategic Sourcing (GSS) and Procurement teams, as it relates to leases
  • Prepare ad hoc reports as needed to support routine reviews, accounting and financial reporting needs
  • Ensure all necessary controls, processes, and procedures are in place and executed properly

Qualification

  • Bachelor’s degree in Accounting, Finance or equivalent. CA/CPA/MBA would be an added advantage.
  • 2-4 years accounting experience in both lease accounting and general ledger. Experience at the large international growth company a plus
  • Working knowledge of new US accounting standard for lease - ASC 842
  • Solid experience with SAP General Ledger system and SAP Lease system (RE/FX)
  • High level proficiency with Microsoft Office products, specifically Excel required

Desired Skills/ Nice to have skills .

  • Strong and independent thinker and influencer
  • Strong organizational, problem solving and analytical skills
  • Strong initiative and reciprocal work-style
  • Exercises discernment within defined procedures and practices to resolve appropriate action
  • Ideal candidate will handle internal and external stake holders;
  • The ability to thrive in a changing environment, work independently and be able to prioritize and multitask to meet deadlines.

VMware is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind:

VMware is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at VMware are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. VMware will not tolerate discrimination or harassment based on any of these characteristics. VMware encourages applicants of all ages. VMware will provide reasonable accommodation to employees who have protected disabilities consistent with local law.


Category : Finance
Subcategory: Accounting
Experience: Manager and Professional
Full Time/ Part Time: Full Time
Posted Date: 2021-04-12



VMware Company Overview: At VMware, we believe that software has the power to unlock new opportunities for people and our planet. We look beyond the barriers of compromise to engineer new ways to make technologies work together seamlessly. Our cloud, mobility, and security software form a flexible, consistent digital foundation for securely delivering the apps, services and experiences that are transforming business innovation around the globe. At the core of what we do are our people who deeply value execution, passion, integrity, customers, and community. Shape what’s possible today at http://careers.vmware.com.

Equal Employment Opportunity Statement: VMware is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: VMware is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at VMware are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. VMware will not tolerate discrimination or harassment based on any of these characteristics. VMware encourages applicants of all ages. Vmware will provide reasonable accommodation to employees who have protected disabilities consistent with local law. Job ID: R2106933
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