Murugan Sengunthar

About Murugan Sengunthar

Dynamic and results-oriented accounting professional with over 14 years of experience in Fixed Assets, Lease Accounting, Intercompany, and General Accounting. Throughout my career, I’ve focused on building efficient processes, ensuring compliance, and delivering accurate, meaningful financial insights that drive better business decisions.At Qualcomm, I lead end-to-end Fixed Assets and Lease Accounting, where I’ve helped streamline operations and strengthen reporting quality. Before that, at Tata Consultancy Services, I managed the full Fixed Assets Accounting cycle and led initiatives to improve efficiency and control.I’m passionate about leading teams, simplifying complex processes, and partnering with stakeholders to elevate the finance function as a true business enabler. Always looking for new ways to combine technology, data, and collaboration to make finance smarter, faster, and more impactful.Accounting & Financial Skills -Fixed Assets Accounting Lease Accounting General Accounting Project Accounting Intercompany Accounting Financial ReportingGeneral Ledger ManagementMonth-End & Year-End CloseFinancial Statement PreparationVariance AnalysisAudit Coordination (Internal & External)GAAP / IFRSTools & Technical Skills - Advanced Excel (Pivot Tables, VLOOKUP, Modeling)ERP & Cloud Systems (Oracle, SAP, AMT & CoStar Lease Accounting Tool)AI ToolProcess Automation & RPALeadership & Business Skills - Team Leadership & MentoringCross-Functional CollaborationProcess ImprovementStrategic Decision-MakingCommunication & Professional Skills - Financial Analysis & StorytellingStakeholder CommunicationProblem SolvingTime ManagementAttention to Detail

Experience

1. Lead Accountant

   高通

   Dec 2023 — Present · Hyderabad, IN

   Fixed AssetsManaged the full fixed-asset lifecycle, including capitalization, depreciation, disposals, and asset transfers, ensuring 100% compliance with company policy and GAAP.Led monthly fixed-asset close activities, preparing detailed roll-forwards, reconciliations, and variance analyses for assets.Implemented standardized procedures for asset tagging, tracking, verification & reducing reconciliation discrepancies.Prepared and reviewed capital project accounting (CIP), ensuring timely settlement and accurate classification.Coordinated with Operations, Procurement, and FP & A teams to validate asset acquisitions and ensure proper capitalization vs. expense treatment.Optimized fixed-asset depreciation methods and schedules & improving reporting accuracy.Lease Accounting (ASC 842 / IFRS 16)Oversaw the end-to-end lease accounting process, including initial measurement, remeasurement events, and ongoing amortization schedules.Ensured compliance with ASC 842/IFRS 16 by maintaining accurate ROU assets, lease liabilities, and monthly journal entries.Managed the lease accounting system (e.g, AMT, CoStar & JLL), including data integrity, updates, and reconciliations.Reviewed new lease contracts to determine proper classification, discount rates, and accounting treatment.Collaborated with Legal and Real Estate teams to validate lease terms and ensure accurate financial reporting.Led monthly ROU asset and lease liability reconciliations and prepared disclosures for quarterly/annual financial statements.

Education

• Maharashtra Board

  SSC

• University of Mumbai

  Bachelor of Commerce, Accounting and Finance

• Maharashtra Board

  HSC

• University of Mumbai

  Master of Commerce, Accounting and Finance