Website:
qnityelectronics.com
Job details:
Are you looking to power the next leap in the exciting world of advanced electronics? Do you want to help solve problems that drive success in the rapidly evolving technology and connectivity landscape? Then bring your problem-solving, passion, and creativity to help us power the next leap in electronics.
At
Qnity, we’re more than a global leader in materials and solutions for advanced electronics and high-tech industries – we’re a tight-knit team that is motivated by new possibilities, and always up for a challenge. All our dedicated teams contribute to making cutting-edge technology possible. We value forward-thinking challengers, boundary-pushers, and diverse perspectives across all our departments, because we know we play a critical role in the world enabling faster progress for all. Learn how you can start or jumpstart your career with us.
A Lease Accounting Analyst is responsible for accounting, reporting, and compliance related to leases under applicable standards (IFRS 16 / ASC 842). The role focuses on accurately recording right-of-use (ROU) assets, lease liabilities, and ensuring proper lease lifecycle management.
Lease Accounting & Compliance
- Account for leases in accordance with IFRS 16 / ASC 842 guidelines.
- Recognize and maintain Right-of-Use (ROU) assets and lease liabilities.
- Assess lease contracts to determine classification and accounting treatment.
Lease Data Management
- Maintain lease database/system with accurate contract details.
- Review lease agreements for critical inputs: term, discount rate, payments, modifications.
- Ensure completeness and accuracy of lease data.
Journal Entries & Close Activities
- Prepare and post monthly lease accounting entries:
- Lease liability amortization
- Interest expense
- ROU asset depreciation
- Support month-end and year-end close processes.
Reconciliation & Reporting
- Perform reconciliations between GCAP and general ledger.
- Prepare lease-related schedules and disclosures for financial statements.
- Support management reporting and variance analysis.
Lease Modifications & Reassessments
- Account for lease modifications, terminations, renewals, and reassessments.
- Recalculate lease liability and ROU asset as required.
- Update discount rates when applicable.
Audit & Controls
- Assist in internal and external audits by providing lease documentation and support.
- Ensure adherence to internal controls and SOX compliance (if applicable).
- Maintain proper documentation for audit trails.
System & Process Improvement
- Work with lease accounting tools (CoStar Lease Accounting).
- Identify opportunities to improve processes, automate workflows, and enhance accuracy.
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Qnity is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability or any other protected class. If you need a reasonable accommodation to search or apply for a position, please visit our Accessibility Page for Contact Information.
Qnity offers a comprehensive pay and benefits package. To learn more visit the Compensation and Benefits page.
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