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Financial Reporting Accountant
Ref No.: 18-10664
Location: Framingham, Massachusetts
Position Type:Contract
Experience Level: 3 Years
Must haves:
Bachelors degree in Accounting, C.P.A. preferred
2-3 years accounting experience - 2 years Big 4 Accounting experience preferred
Proficient in Excel and Word
Detail oriented
Good analytical and communication skills

Job Description:
Assist in implementing the new FASB Lease Accounting Standard. Responsibilities would include GAAP research, analysis and compliance, assisting with process documentation, managing and facilitating special projects as they arise.

1. Review contracts identifying and valuing embedded leases using the decision tree under ASC 842. Must have a good understanding and interpretation of various GAAP concepts and be able to apply the concepts to these transactions for proper recording.

2. Participate on the team to implement new accounting policies and procedures due to the new lease accounting standard.

3. Assist in preparation of new lease accounting footnote disclosures for Company's financial statements.

4. Assist in user acceptance testing of implementation of new lease accounting system.

5. Perform ad-hoc projects and analysis to help support certain decisions and challenges faced