Senior Associate- Fixed Assets & Lease Accounting

About The Role

OSTTRA India

The Role : Senior Associate- Fixed Assets & Lease Accounting

The Team : Osttra Finance Team is based out of the UK, India, Penang, Sweden and US. It is an entrepreneurial team, who is highly energetic, flexible, dynamic and works beyond boundaries to deliver the real values. We are standing up an independent global finance team.

The Impact : OSTTRA has the largest financial institutions in the world as clients. We believe that long-term value to the client is the most important goal of our team, and technology is the tool to bring that value, and your contribution in the form of delivery, improvements and innovations can have a significant impact on the financial system.

What's in it for you : As a Senior Associate will be part of the Record to Report team within OSTTRA Finance Team, focusing specifically on the accurate and timely accounting and management of Fixed Assets & Lease Accounting. This position requires a good understanding of accounting principles (particularly US GAAP, ASC 842 & IFRS 16) and meticulous attention to detail to ensure the integrity of financial records. The successful candidate will be responsible for the end-to-end accounting of fixed assets, lease accounting including asset creation, disposal, retirement, depreciation runs, owning & managing lease accounting schedule and associated journal entries, ensuring compliance and providing insightful commentary.

Working Hours : India Hours (the candidate must be flexible to support UK hours)

Responsibilities And Impact

The Senior Associate is responsible for ensuring the ledger integrity encompassing several duties, including but not limited to :

• Fixed Assets Lifecycle Management : Managing the end-to-end accounting of fixed assets, including asset creation, capitalization, disposal, and retirement processes in the SAP ERP system.
• Depreciation & Amortization : Executing regular depreciation runs and ensuring accurate calculation and posting of depreciation and amortization expenses in compliance with US GAAP.
• Month-End Close - Fixed Assets : Managing the month-end close cycle specific to fixed assets, ensuring all associated accounting adjustments are accurately recorded within stipulated timelines and in adherence to OSTTRA's month-end closing calendar.
• Lease accounting : Working knowledge of lease accounting and able to manage aspects of OSTTRA's lease accounting in compliance with IFRS 16 and ASC 842, including the maintenance of lease schedules and monthly journals.
• Compliance (US GAAP) : Ensuring all fixed asset accounting practices and reporting are in strict compliance with US GAAP.
• Reporting & Commentary : Preparing month-on-month commentary and analysis on fixed asset movements, depreciation trends, lease accounting and significant variances to support management reporting. Exposure in creating and maintaining reports in SAP to support management reporting.
• Internal Controls : To ensure month end processes are governed as per local policies and procedures and are complied with the internal financial control process at OSTTRA.
• Reconciliation & Substantiation : Performing sub-ledger to general ledger reconciliation and substantiation of fixed asset accounts to ensure accuracy and resolve any discrepancies promptly.
• Audit Support : Leading the engagement with auditors for the end-to-end fixed assets process and ensuring timely closure of audit items.
• Process Improvement : Proactively identifying opportunities to enhance and streamline fixed asset accounting processes, leveraging automation and best practices to improve efficiency and accuracy.
• Initiatives / Projects : Leading initiatives / projects as required to support any business-driven / system changes related to fixed assets.
• Collaboration : Collaborating with respective cross-functional teams to obtain necessary inputs for fixed asset capitalization and disposals. Collaborate cross-functionally with Business Functions (such as Technology, Facilities, etc ) Group Financial Control, Legal Entity Control, FP&A, and Technical Accounting teams to strategically address and resolve ad-hoc financial and operational challenges.

What We're Looking For

Basic Required Experience :

Senior Associate Fixed Assets & Lease Accounting, Must Possess a Mix Of Technical & Professional Competencies. Looking For 8-10 Years Of Relevant Experience. They Must Be Adept At

Technological proficiency : Strong proficiency in Microsoft Excel (VLOOKUP, pivot tables, advanced formulas) and extensive experience with ERP systems (e.g., SAP, Oracle) for fixed asset modules and general ledger functionalities.

Qualifications

The Location : Gurgaon, India

About Company Statement

OSTTRA is a market leader in derivatives post-trade processing, bringing innovation, expertise, processes and networks together to solve the post-trade challenges of global financial markets. OSTTRA operates cross-asset post-trade processing networks, providing a proven suite of Credit Risk, Trade Workflow and Optimisation services. Together these solutions streamline post-trade workflows, enabling firms to connect to counterparties and utilities, manage credit risk, reduce operational risk and optimise processing to drive post-trade efficiencies.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years : MarkitServ, Traiana, TriOptima and Reset. These businesses have an exemplary track record of developing and supporting critical market infrastructure and bring together an established community of market participants comprising all trading relationships and paradigms, connected using powerful integration and transformation capabilities.

About OSTTRA

Candidates should note that OSTTRA is an independent firm, jointly owned by S&P Global and CME Group. As part of the joint venture, S&P Global provides recruitment services to OSTTRA - however, successful candidates will be interviewed and directly employed by OSTTRA, joining our global team of more than 1,200 post trade experts.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years : MarkitServ, Traiana, TriOptima and Reset. OSTTRA is a joint venture, owned 50 / 50 by S&P Global and CME Group.

With an outstanding track record of developing and supporting critical market infrastructure, our combined network connects thousands of market participants to streamline end to end workflows - from trade capture at the point of execution, through portfolio optimization, to clearing and settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology, playing a central role in supporting global financial markets.

Learn more at www.osttra.com.

What's In It For You

Benefits

We take care of you, so you can take care of business. We care about our people. That's why we provide everything you—and your career—need to thrive at S&P Global.

Our Benefits Include

For more information on benefits by country visit : https : / / spgbenefits.com / benefit-summaries

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Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race / ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

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20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT203 - Entry Professional (EEO Job Group)

Job ID : 322202

Posted On : 2025-11-18

Location : Gurgaon, Haryana, India

Skills Required

Sap, Us Gaap, Microsoft Excel