Shibin Varghese
Principal Accountant | EchoStar Corporation | Fortune 500
- Role
- Principal Accountant at EchoStar Corporation
- Location
- Germantown, MD, US
- LinkedIn followers
- 500 followers
About Shibin Varghese
Finance professional with a strong foundation in accounting analytics and current experience as a Principal Accountant I at EchoStar Corporation. I lead lease accounting operations for 150+ real estate and equipment leases, ensuring ASC 842 compliance, supporting month-end and year-end closes, and streamlining workflows using ERP systems and Excel. My work also includes preparing PO commitments, PBC reports, and providing audit-ready documentation.Previously, I served as an Accounting Analyst at Marhaba Accounting & Tax Services in Dubai, managing full-cycle accounting for 45+ small and midsize businesses. I implemented automation through QuickBooks, improved operational efficiency by 12% through variance analysis, and built Tableau and Power BI dashboards to drive better financial decisions.I hold a Master of Science in Accounting & Analytics from the University of Delaware and a Master of Commerce from Loyola College. With strong proficiency in Excel, SAP, SQL, Alteryx, and financial modeling, I bring a data-driven mindset to every accounting challenge and a passion for aligning financial reporting with strategic business goals.
Experience
Principal Accountant
Sep 2024 — Present · MD, US
As a Principal Accountant I at EchoStar Corporation, I lead end-to-end lease accounting operations for a diverse portfolio of over 150 real estate and equipment leases. I ensure compliance with ASC 842 standards, contribute to month-end, quarter-end, and year-end financial closings, and support internal and external audits. Leveraging tools like Excel, SAP, and Lease Accelerator, I streamline workflows, automate reporting, and ensure the accuracy and timeliness of financial disclosures- Managed lease accounting lifecycle for 150+ assets, ensuring ASC 842 compliance and timely recognition of lease obligations- Streamlined monthly and quarterly close processes using SAP and Excel, reducing reconciliation time by 20%- Prepared PO commitment and PBC reports to support audit readiness and enhanced financial transparency- Partnered with legal and operational teams to review lease contracts and modifications for proper accounting treatment- Utilized Lease Accelerator to automate lease tracking and reporting, improving data consistency and audit response time.
Education
University of Delaware
Master's degree, Accounting and Analytics
Indian Institute of Management, Indore
PGCIAA, International Accounting and Analytics
Loyola College
Master's degree, Commerce
2020 — 2022
St. Berchmans Institute of Management Studies
Bachelor's degree, Commerce
2017 — 2020
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