Lennox International (LII) is a leading global provider of innovative climate control solutions for heating, ventilation, air conditioning, and refrigeration (HVACR) markets.
Lennox International has been built on a heritage of integrity and innovation dating back to 1895. We are dedicated to providing trusted brands, innovative products and unsurpassed quality with responsive service. We are a Fortune 500 company and a world leader in residential and commercial heating, cooling, ventilation and refrigeration systems. We have started our operations in India in Chennai in 2010. Lennox India Technology Centre is a R&D Centre with Mechanical Analysis, Embedded Software, Hardware and IT divisions. Our companies are spread across U.S, Europe, Asia Pacific and Australia.
VACANCY DETAILS :-
POST NAME - Senior Analyst Accounting
QUALIFICATION - CA Inter/CMA Inter/MBA
EXPERIENCE - 5 To 6 Years
LOCATION - Chennai
JOB DESCRIPTION :-
This role is responsible for managing and reviewing complex lease accounting activities including reconciliation, financial reporting and analysis of Lennox’s leased asset portfolio.
The individual will play a critical role in ensuring accuracy, completeness and compliance with applicable accounting standards.
Key Responsibilities
- Drive monthly close timelines by coordinating with accounting and business teams across all Lennox entities, ensuring timely completion of lease-related activities
- Review newly abstract lease data (including incremental leases) recorded in the lease management system for accuracy and completeness
- Review lease invoice entries and adjustment postings made during the month to ensure compliance with accounting standards
- Perform and review lease-related general ledger reconciliations, identify variances and drive appropriate resolution through adjustment entries
- Review reconciliation outputs prepared by team members and ensure readiness for month-end close
- Act as a key point of contact for auditors, business units, and internal stakeholders, addressing queries and providing clarifications on lease accounting matters
- Prepare and review quarterly and annual lease accounting workpapers to support financial statement disclosures
- Support preparation and review of Accounting Disclosure Checklists in line with quarterly and annual reporting requirements
- Contribute to the preparation/review of financial statement footnotes (including but not limited to lease disclosures) for 10-Q and 10-K filings
- Drive process improvements, standardization and automation initiatives within lease accounting workflows
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