Lease Accountant

ACCA Careers; Greater London; On-site; GBP 40,000 - 80,000; Full time

Job summary

This innovative firm offers a long-term contract opportunity for a skilled accounting professional with expertise in IFRS 16. The role involves ensuring accurate lease accounting, implementing processes and controls, and providing technical support to management teams. As part of a highly acquisitive business with a significant turnover, you will play a crucial role in managing lease data and supporting various accounting functions. If you possess a recognized accounting qualification and are adept at problem-solving and data manipulation, this position offers a competitive salary and the chance for an immediate start in a dynamic environment.

Qualifications

• Recognized accounting qualification required.
• Strong knowledge of IFRS 16 and Excel skills needed.

Responsibilities

• Ensure accurate reporting of lease accounting information.
• Support onboarding of lease data and provide technical support.

Skills

Understanding of IFRS 16

Data manipulation

Problem-solving

Intermediate Excel skills

Preparation of reconciliations

Education

Full accounting qualification (ACA/ACCA/CIMA or equivalent)

Tools

Open Accounts (GL)

Job description

This is an excellent long-term contract opportunity that is well suited to someone with an understanding of IFRS 16.

Client Details

My client is a highly acquisitive business with a turnover of over £3bn and is one of the most prominent businesses in the Bristol area.

Description

The key responsibilities within this role include:

1. Ensure complete and accurate reporting of lease accounting information.
2. Implement established lease processes, controls, and reconciliations for lease reporting and transaction flows.
3. Support the onboarding of lease data for all new acquisitions and updates/changes to existing leases.
4. Provide technical support to overseas management accounting teams on lease accounting (IFRS 16).
5. Problem solve/undertake project work.
6. Validate and back up work of lease administrators.
7. Monitor reconciliation/clearance of the lease payment control accounts.
8. Validate Administrators' inputs into lease software.
9. Prepare monthly data for company journals into Open Accounts (GL).
10. Reconcile data at Group level.
11. Line management of 2.
12. Assist in preparation of lease disclosure notes for full (statutory) and half-year accounts and with interim/year-end audit responses.
13. Ad hoc project work e.g., cleansing leasing data, rolling out process improvements.
14. Prepare summary/specific lease information requested by other accounting functions such as Group Accounting/Reporting, Treasury, FP&A.

Profile

The successful candidate for this role will possess:

1. A full and recognised accounting qualification (ACA/ACCA/CIMA - or equivalent).
2. Working knowledge of IFRS 16.
3. Ability to manage and manipulate data.
4. Intermediate Excel skills including Pivot tables.
5. Experience of preparing reconciliations.
6. Practical approach to problem solving.

Job Offer

This is a fixed-term contract offering a highly competitive salary, and an immediate start is available.