Lease Accountant - IFRS 16

Bowman Outsourcing; Johannesburg; On-site; ZAR 450 000 - 600 000; Full time

Job summary

A leading outsourcing company in Johannesburg is seeking a dynamic Lease Accountant with expertise in IFRS 16 to join their team on a temporary basis. The ideal candidate will have experience in fleet management or lease accounting. Responsibilities include refining contract management processes, implementing systems, and ensuring accuracy in financial transactions. A bachelor's degree in Accounting or Finance is required, alongside strong analytical skills and proficiency in accounting software. This position offers a duration of 6 months, with the possibility of extension.

Qualifications

• Prior experience in fleet management or extensive knowledge of lease accounting.
• Strong understanding of financial systems and processes.
• Ability to work independently and manage multiple tasks simultaneously.

Responsibilities

• Review and refine existing processes related to contract management.
• Implement relevant processes in the selected contract management system.
• Create reconciliations to ensure data accuracy between the fleet system and general ledger.
• Establish monthly billing processes and define receipt matching procedures.

Skills

Fleet management experience

Knowledge of lease accounting

Analytical skills

Problem-solving skills

Proficiency in Microsoft Excel

Attention to detail

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Accounting software

Job description

About the job Lease Accountant - IFRS 16

We are seeking a dynamic and experienced Contract Management and Accounting Specialist to join our team on a temporary basis. The ideal candidate will have prior experience in fleet management or extensive knowledge of lease accounting. This role will involve reviewing and refining processes, implementing contract management systems, and ensuring accuracy in financial transactions related to contracts.

Start Date: ASAP

Duration: 6 months with the possibility of extension

Key Responsibilities:

• Review and refine existing processes related to contract management.
• Implement relevant processes in the selected contract management system.
• Set up banking processes to facilitate supplier payments and customer billing.
• Create reconciliations to ensure data accuracy between the Fleet system and general ledger.
• Establish monthly billing processes and define receipt matching procedures.
• Manage the full month-end process, including journal processing, customer-level reconciliation, and fund transfers.
• Set up mandates for all payments and ensure compliance with tax and VAT regulations.
• Define and implement additional processes as needed.

Qualifications:

• Prior experience in fleet management or extensive knowledge of lease accounting.
• Bachelor's degree in Accounting, Finance, or related field.
• Strong understanding of financial systems and processes.
• Excellent analytical and problem-solving skills.
• Ability to work independently and manage multiple tasks simultaneously.
• Proficiency in Microsoft Excel and accounting software.
• Strong attention to detail and accuracy.