Assistant Manager -Lease & Fixed Assets

Company Description Innosolv Professional Solutions Private Limited (Innosolv Pro) is a professional services firm delivering end-to-end accounting, auditing, assurance, risk management, regulatory, and taxation services for over a decade. The firms team brings prior experience from leading industry sectors and Big 4 organizations, offering clients deep domain expertise and robust professional standards. Innosolv Pro serves a diverse portfolio of traditional enterprises and new-age companies, providing tailored solutions that support growth and compliance. The firm emphasizes high-quality service, integrity, and long-term client partnerships, creating a dynamic environment for professionals to develop their careers. Role Description The Assistant Manager Lease & Fixed Assets is a full-time, on-site role based in Bengaluru. Key Responsibilities Lead and oversee end-to-end lease accounting activities for a portfolio of global leases in compliance with US GAAP and IFRS requirements, ensuring accuracy, completeness, and timely financial reporting. Review lease abstraction, lease setup, modifications, reassessments, renewals, and terminations within the lease accounting system (CoStar), ensuring adherence to accounting policies and internal controls. Oversee maintenance of lease accounting schedules and validate underlying lease data to ensure accurate accounting results and reporting outputs. Review lease-related journal entries, reconciliations between CoStar and SAP, and supporting schedules to ensure integrity of financial records and timely month-end close. Partner with IT and cross-functional teams to identify, investigate, and resolve interface and system discrepancies between CoStar, SAP, and related platforms. Provide insightful monthly and quarterly reporting and analysis to finance leadership on key lease accounting metrics, including right-of-use assets, lease liabilities, rent expense, and other financial impacts. Support SEC/management reporting requirements, including preparation and review of disclosure schedules, analytics, and audit support documentation. Partner with FP&A teams to support budgeting, forecasting, and variance analysis related to lease accounting activities. Accounting for Fixed Assets, Cloud System Implementation Costs, and Capitalized Salaries Oversee accounting and reporting activities related to fixed assets, cloud system implementation costs, and capitalized salaries, ensuring compliance with accounting policies and capitalization guidelines. Review capital expenditure reporting, depreciation forecasts, asset roll forwards, and project-based financial analysis to support management decision-making and external reporting requirements. Support 10-Q and 10-K reporting activities by ensuring accuracy and completeness of fixed asset and capital project disclosures and schedules. Drive process improvements and technology adoption related to fixed asset accounting, forecasting, and reporting tools. Partner closely with Legal, Real Estate, Accounts Payable, Shared Services, FP&A, and third-party service providers to ensure completeness and accuracy of lease and fixed asset data. Serve as a key escalation and coordination point for regional finance teams and business stakeholders on lease accounting, reporting, and operational matters. Collaborate with global COE teams to standardize processes, strengthen controls, and implement best practices across regions. Lead, coach, and develop a team of accounting professionals, ensuring effective workload allocation, performance management, and continuous capability development. Review team deliverables for quality, accuracy, and compliance with established timelines, SLAs, and internal controls. Drive continuous improvement initiatives, including automation opportunities, process optimization, documentation enhancements, and system upgrades within the lease and fixed asset accounting environment. Support transition activities, knowledge transfer initiatives, and implementation of new processes or technologies within the global COE structure. Qualifications & Skills CA Inter / CMA required; CA / CPA also preferred. Bachelors degree in Accounting, Finance, or Commerce required, Masters degree preferred. 8 to 10 years of progressive accounting experience in a multinational organization, preferably within retail or multi-location business environments. Strong experience in lease accounting under ASC 842 / IFRS 16, including lease administration systems such as CoStar or similar platforms. Proven experience in fixed asset accounting, capital project accounting, cloud implementation cost accounting, and month-end close processes. Demonstrated experience in leading teams, managing workloads, and driving accountability within a shared services or global COE environment. Experience supporting internal and external audits, SOX compliance activities, and financial reporting .