Senior Accountant - Lease & Fixed Assets

 About Penbrothers 

Penbrothers is an HR & remote talent management partner and one of the fastest-growing companies in the Philippines. We provide talented Filipinos with global opportunities in high-growth startups and dynamic companies, from the comfort of their own homes.

About the Role

The Senior Accountant - Lease & Fixed Assets will lead and execute key month-end close activities with a strong specialization in lease accounting (IFRS / IFRS 16), property, plant, and equipment (PP&E) reconciliations, and general ledger maintenance.

This operational role focuses on reviewing complex accounting calculations, validating lease abstractions, performing asset depreciations and schedule updates, and delivering clear variance analysis. The ideal candidate will possess a strong foundational understanding of accounting principles to support internal accounting queries and guide calculations, while remaining adaptable to client systems and tech stacks.

What you’ll do

Lease Accounting:

• Prepare and review lease accounting schedules, journal entries, and reconciliations in compliance with IFRS/ IFRS 16 standards.

• Oversee lease abstraction for real estate and equipment leases, validating critical dates, monthly schedules.  options, and payment structures.

• Validate monthly rent files, sublease schedules, aging reports, and lease payment schedules.

Fixed Assets & Property Accounting:

• Perform end-to-end Property, Plant, and Equipment (PP&E) reconciliations, additions, disposals, and depreciation calculations.

• Maintain and reconcile the fixed asset register against general ledger balances, investigating and resolving discrepancies.

Month-End Close & Financial Reporting:

• Lead month-end general ledger close activities for assigned asset, liability, and expense accounts.

• Prepare monthly financial statements, balance sheet reconciliations, and comprehensive variance analysis for management review.

• Support internal/external audit activities by preparing audit schedules, documentation, and compliance files (e.g., SOX).

Technical Support & Query Resolution:

• Act as a subject matter resource for reviewing accounting treatment, schedules, and calculations.

• Support cross-functional accounting queries from operations, portfolio managers, and global finance leadership.

What You Bring

• Bachelor’s Degree in Accountancy, Finance, or equivalent. CPA qualification is an advantage but not required. - Good to have but not a requirement and does not decrease chance of hire

• At least 5 years of progressive accounting experience, with at least 2–3 years focused on lease accounting (IFRS / IFRS 16), PP&E/fixed assets, and month-end close processes.

• Hands-on experience with lease management software (e.g., CoStar, Sequentra, or similar tools) and ERP platforms. - not really required if they do not have experience, just good to have.

• Skilled in general ledger, variance analysis, and reconciliations, with strong attention to detail when checking complex financial contracts. 

• High adaptability to pick up new accounting platforms and software on the job.

• Strong written and verbal English communication skills for client-facing and cross-team collaboration

 

Our Hiring Process & AI Disclaimer: We use AI tools to streamline our application process—including an initial conversation with an AI Interviewer. All hiring decisions are made entirely by humans: our Talent Acquisition team guides your full candidate journey and makes all evaluation decisions.

You are welcome to use AI for CV refinement and research, but real-time AI assistance during interviews or skill assessments is strictly prohibited to ensure an authentic evaluation. 

Read our full AI Disclaimer to learn more

 

What You’ll Get

At Penbrothers, we are obsessed with creating positive employee experiences. Here you’ll find an environment that nurtures learning and provides opportunities for growth. You’ll have the opportunity to make an impact on fast-growing startups and dynamic companies. 

·   Meaningful work & Growth: We take every opportunity to stretch ourselves and deliver an excellent client experience. 

·   Employee as our biggest asset: We are genuinely invested in our people’s career and welfare.

·   Global reach & local impact: Get to work with high-growth startups and dynamic companies from the comfort of your own home. 

·   Powering global startups: We’ve created 1,400 Filipino jobs that empower global start-ups to focus on growth.