ABB India | Accounting & Reporting Specialist - Gene

Your role and responsibilities (mandatory)

• 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.
• 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.
• Ensure compliance with internal guidelines and procedures as well as external regulatory requirements.
• 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.
• 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.
• Conduct performance reviews and support employee development plans.
• 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.
• Identify opportunities to improve efficiency through standardization and automation.
• Support implementation and optimization of lease accounting tools (CoStar, Trintech Cadency).
• Develop and maintain process documentation and SOPs.
• Ensure adherence to financial controls and company policies.
• Monitor aging items, reconciliation exceptions, and control failures.
• Track and report operational metrics to management.
• Allocate workloads and monitor team performance against KPIs and SLAs.

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.
• ABB Finance is a reliable business partner and a highly skilled team that delivers forward-looking insights, supports sustainable long-term results, and operates to the highest standards.
• Qualifications for the role (Mandatory)

ABB India Limited

ABB is a Swiss-headquartered engineering and technology group best known for electrification and automation. It has worked in India for more than a century, and its listed company here, ABB India Limited, began in 1949 as Hindustan Electric Company. ABB India makes and services electrical equipment, motors and drives and automation systems for power utilities, factories, transport and buildings, from plants and engineering centres that also supply ABB businesses in other countries.

Finance openings at ABB in India are concentrated in Bengaluru, in teams that close the books, report and control for ABB units in India and abroad. Typical roles are accounting and reporting analysts and specialists (general ledger, accounts payable and receivable, intercompany, fixed assets and lease accounting), direct and indirect tax analysts, and controlling and FP&A specialists. Most ask for a B.Com, M.Com or MBA (Finance), and several name CA, CMA or CA Inter as a requirement or an advantage.

• Industry: Electrification and automation technology: electrical products and systems, motors and drives, process automation
• Headquarters: Zurich, Switzerland (ABB Ltd); ABB India Limited has its registered office in Bengaluru
• In India: ABB India Limited, listed on the NSE and BSE, with factories, feeder factories for ABB's global supply chain and engineering centres in India; most finance roles are in Bengaluru