📋 Job Details at a Glance 📍 Location Chennai, Tamil Nadu, India 🏢 Company Cognizant 👥 Experience 2-3 years 🎓 Qualification Professional Qualification 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary ₹5–8 LPA 🏢 Industry BFSI 🛠 Key Skills Lease Accounting Reconciliation Reporting Auditing Analytics Costar Executive – Lease Accounting at Cognizant — Full Details & How to Apply Cognizant is seeking an Executive – Lease Accounting in Chennai, Tamil Nadu, India , offering a salary of ₹5–8 LPA for freshers with a professional qualification . This role engages with lease accounting, a critical area due to evolving regulatory standards. The BFSI sector is undergoing significant changes, particularly with the adoption of IFRS 16 , which emphasizes the importance of accurate lease accounting. This role is vital for ensuring compliance and financial reporting accuracy, making it a key position within the industry. Cognizant , founded in 1994 , has grown to employ over 300,000 professionals globally, establishing itself as a leader in digital transformation services. This robust scale and commitment to innovation make Cognizant an attractive employer for those looking to build a career in lease accounting. We encourage 2023, 2024, 2025, 2026 graduates with a professional qualification and 2-3 years experience to apply. The salary range of ₹5–8 LPA makes this position appealing for fresh talent entering the field. In this role, you will gain hands-on experience with essential skills such as lease accounting , reconciliation , reporting , auditing , and analytics . Additionally, you will work with Costar , a specialized tool for lease management, setting the stage for future leadership opportunities in finance and accounting. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The core mission of the Executive – Lease Accounting at Cognizant is to ensure precise lease accounting practices that comply with IFRS 16 , enhancing financial reporting accuracy and operational efficiency. Manage lease accounting entries using Costar , ensuring compliance with IFRS 16 standards and maintaining accurate financial records. Perform reconciliation of lease accounts daily to ensure accuracy in financial reporting, utilizing advanced analytics techniques. Collaborate with finance and compliance teams to streamline reporting processes, enhancing efficiency in reporting practices. Analyze lease data to identify discrepancies, aiming to improve reporting accuracy by 15% through targeted auditing practices. Take ownership of lease documentation, ensuring timely updates to records and compliance with internal standards. Prepare detailed reports on lease liabilities and assets for management review, ensuring clarity and compliance in reporting . Assist in client-facing audits by providing necessary documentation and explanations, ensuring adherence to auditing standards. This role fosters an ownership culture, allowing you to directly impact financial accuracy and compliance within Cognizant , driving organizational success. Required Skills & Technical Competencies The ideal candidate for the Executive – Lease Accounting role must possess a robust skill set in lease accounting and financial analysis, ensuring compliance and accuracy. Technical Skills Lease Accounting — advanced — essential for managing financial records related to leases, requiring a depth of understanding of IFRS 16 . Reconciliation — intermediate — critical for ensuring the accuracy of financial statements, applied daily in verifying lease accounts. Reporting — advanced — used to create financial reports that comply with regulatory standards, requiring proficiency in financial analysis. Auditing — intermediate — necessary for preparing for internal and external audits, ensuring compliance with accounting standards. Analytics — intermediate — utilized for interpreting lease data and making informed decisions, evaluated through practical assessments. When showcasing these technical skills in your resume or interview, emphasize specific experiences and outcomes that demonstrate your proficiency and impact in lease accounting. Eligibility Criteria This role is designed for candidates with a strong foundation in finance or accounting, ready to engage in lease management and compliance. Candidates must possess a professional qualification in finance or accounting, relevant for understanding complex lease agreements. Eligible batches include 2023, 2024, 2025, and 2026 , allowing fresh graduates to apply early in their careers. The experience requirement is 2-3 years , providing a clear distinction for freshers versus experienced candidates. A minimum academic performance of 60% is expected, ensuring a strong foundational knowledge in accounting principles. Internship experience in finance or accounting will be an advantage, particularly in lease management. Documentation & Portfolio Requirements Ensure your resume is formatted clearly, including your qualifications, relevant experience, and specific skills related to lease accounting and compliance. Pro tip: Highlight any direct experience with Costar or IFRS 16 in your application to stand out as a strong candidate for this role. Salary for Executive – Lease Accounting at Cognizant 💰 Compensation ₹5–8 LPA The advertised compensation for the Executive – Lease Accounting role at Cognizant is ₹5–8 LPA . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Executive – Lease Accounting Upskilling with the right resources significantly enhances your chances of selection for this specific role by equipping you with essential skills and knowledge. Recommended Courses & Resources Reconciliation — Mastering reconciliation is crucial for accurate lease accounting and financial reporting. Reporting — Understanding reporting standards is vital for compliance and effective communication of financial data. Analytics — Leveraging analytics helps in data-driven decision-making and enhances reporting accuracy. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor your resume to highlight lease accounting experience — ensure relevant skills are front and center. ❌ Neglecting to mention specific software proficiency, such as Costar — which is crucial for this role. ❌ Overlooking the importance of academic performance — ensure your CGPA is clearly stated if it meets the requirements. ❌ Submitting a generic cover letter — personalize it to reflect your interest in Cognizant and the lease accounting role. ❌ Ignoring the job description — ensure you address all required skills and responsibilities in your application. ❌ Not preparing for potential interview questions related to IFRS 16 and lease accounting principles — practice thoroughly. Before You Apply — Checklist ✅ Research Cognizant 's recent projects and values to align your application with their mission. ✅ Update your resume to reflect relevant skills and experiences specific to lease accounting. ✅ Prepare a tailored cover letter that highlights your qualifications and interest in the role. ✅ Gather any necessary documents, such as transcripts or certificates, to support your application. ✅ Practice common interview questions related to lease accounting and financial reporting. ✅ Ensure your LinkedIn profile is updated and reflects your professional qualifications. ✅ Double-check the application link and ensure all fields are filled out accurately. ✅ Set a reminder for application deadlines to avoid missing out on this opportunity. Resume Tailoring & ATS Keywords for Executive – Lease Accounting Optimizing your resume for ATS is crucial for ensuring it gets noticed for this role, as many companies use automated systems to screen applications. ATS Keywords to Include Lease Accounting Reconciliation Reporting Auditing Analytics Costar Financial Compliance IFRS 16 Lease Management Data Analysis Financial Reporting Documentation Resume Tips for This Role Highlight your professional qualification prominently, as it is a key requirement for this role. Emphasize any relevant internship or project experience in lease accounting or finance. Include specific tools or software you've used, particularly Costar or similar lease management systems. Optimize your resume for ATS by using keywords from the job description, especially around lease accounting. Avoid including unrelated work experience that does not demonstrate your skills in finance or accounting. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including generic skills or experiences that do not directly relate to lease accounting or financial roles. How to Apply for Executive – Lease Accounting at Cognizant Apply Now — Cognizant Visit the Cognizant application portal and create an account to start your application. Upload your resume, ensuring it is tailored to highlight relevant skills for lease accounting. Fill out the application form carefully, providing accurate information about your qualifications. After submission, you can expect a confirmation email regarding your application status. You can track your application progress through the Cognizant portal. Applications reviewed on a rolling basis — early submission recommended. Apply Now — Cognizant NexisGrow.com does not charge any fees for job applications. Cognizant Cognizant was founded in 1994 and is headquartered in Teaneck, New Jersey . With a global footprint across 37 countries , the company employs over 300,000 professionals . This extensive reach allows Cognizant to deliver tailored solutions in various sectors, particularly in the BFSI industry, where it has established a significant presence. Specializing in IT services, consulting, and business process outsourcing, Cognizant offers innovative solutions such as Core Banking Solutions , Digital Transformation Services , and Cloud Migration Services . The company leverages advanced technologies like AI and Analytics to enhance operational efficiency for its clients, particularly in the BFSI sector. Cognizant has cultivated a strong culture of innovation, earning recognition as a Great Place to Work with a Glassdoor rating of 4.1 . The company invests in employee development through extensive training programs and mentorship opportunities, fostering a supportive environment that encourages professional growth and collaboration among its workforce. Recently, Cognizant announced a strategic partnership with Microsoft to enhance its cloud services , further showcasing its commitment to technological advancement. This initiative aligns with the company's goal to expand its service offerings and improve client outcomes in a rapidly evolving market. For freshers looking to launch their careers in the BFSI sector, Cognizant serves as an excellent platform. The company provides comprehensive training programs and mentorship opportunities, enabling new hires to develop essential skills in areas like Lease Accounting , Reconciliation , and Auditing , ensuring a solid foundation for future career growth. Company Details Industry BFSI Location Chennai, Tamil Nadu, India Connect With Us Careers Apply Now Website 🔗 cognizant.taleo.net Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Executive – Lease Accounting at Cognizant? Eligibility Tap to expand + Answer Candidates with Professional Qualification and 2-3 years experience are eligible. Eligible batches: 2023, 2024, 2025, 2026. ? What skills are most important for this role? Skills Tap to expand + Answer Key skills: Lease Accounting, Reconciliation, Reporting, Auditing, Analytics. Strong fundamentals and practical project experience matter most. ? What is the salary for this position? Salary Tap to expand + Answer Compensation: ₹5–8 LPA. Final offer depends on skills, experience, and interview performance. ? What is the interview process at Cognizant? Interview Tap to expand + Answer Typically: Resume shortlisting → Online test → Technical interview(s) → HR round. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer Work mode varies by team. Confirm with HR during recruitment. ? What is the career growth path from this role? Growth Tap to expand + Answer Structured appraisals every 6–12 months. Senior roles accessible within 12–18 months based on performance. ? How do I apply? Application Tap to expand + Answer Apply via the official link in How to Apply section. Highlight: Lease Accounting, Reconciliation, Reporting, Auditing, Analytics. ? Is there a probation period? Probation Tap to expand + Answer Standard 3–6 months probation. Confirmation follows successful completion. ? How to prepare for the Executive – Lease Accounting interview? Preparation Tap to expand + Answer (1) Core concepts of Lease Accounting, Reconciliation, Reporting, Auditing, Analytics, (2) 2–3 project walkthroughs, (3) Problem-solving, (4) Cognizant research, (5) Clear communication. ? What is the work culture like at Cognizant? Culture Tap to expand + Answer Research on LinkedIn and Glassdoor for authentic employee reviews. 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