Accounting & Reporting Specialist - Gene

About the role

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.

This Position reports to

Team Lead - Lease Accounting

Your role and responsibilities (Mandatory)

You will be working as Accounting & Reporting Specailist and will be reporting to Accounting & Reporting Manager – GA and will be a part of Bangalore, India. In this role you will be primarily responsible for End-to-End Lease Accounting Process as Accounting & Reporting Specailist, or team focused on the complete, accurate, and timely completion of Lease Accounting & Reporting and related activities within the General Accounting (GA) team. Ensure compliance with internal guidelines and procedures as well as external regulatory requirements.

The work model for the role is: Onsite

This role is contributing to the Finance Business Function

You will be mainly accountable for

Lease Accounting Operations

• Support end-to-end lease accounting activities for global entities.
• Ensure accurate accounting and reporting of lease contracts in compliance with IFRS 16 and/or ASC 842.
• Review lease classifications, calculations, remeasurements, modifications, and terminations.
• Validate right-of-use (ROU) assets and lease liability calculations.
• Manage month-end, quarter-end, and year-end lease accounting close activities.
• Monitor lease capitalization and amortization schedules.

Financial Reporting & Compliance

• Ensure compliance with internal controls, accounting policies, and statutory requirements.
• Prepare and review lease-related journal entries, reconciliations, and financial disclosures.
• Support internal and external audits by providing accurate documentation and explanations.
• Maintain SOX and compliance controls related to lease accounting processes.

Team Leadership

• Allocate workloads and monitor team performance against KPIs and SLAs.
• Conduct performance reviews and support employee development plans.
• Cultivate an environment centered on ongoing improvement and operational excellence.

Stakeholder Management

• Collaborate with business units, real estate teams, procurement, legal, and controllers.
• Act as the primary point of contact for lease accounting matters.
• Support global finance and business stakeholders with accounting guidance.
• Manage escalations and resolve complex accounting issues.

Process Improvement & Automation

• Identify opportunities to improve efficiency through standardization and automation.
• Direct system improvement efforts and process transformation initiatives.
• Support implementation and optimization of lease accounting tools (CoStar, Trintech Cadency).
• Develop and maintain process documentation and SOPs.

Governance & Controls

• Ensure adherence to financial controls and company policies.
• Monitor aging items, reconciliation exceptions, and control failures.
• Track and report operational metrics to management.

Qualifications for the role (Mandatory)

• A master’s degree in accounting, Finance or Commerce (MBA/Mcom).
• Minimum 8 to 10 years of experience in Lease Accounting and Record to Report GA.
• Deep understanding of IFRS 16, ASC 842, and financial reporting standards.
• Experience leading teams in a shared service, GBS, or multinational environment.
• Deep familiarity with Tririga, SAP, CFIN, and Costar.