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Senior Lease Accountant

4 months ago

High Wycombe, United Kingdom Marc Daniels Remote Work Freelance Full time

We have a fantastic opportunity for a Senior Lease Accountant to join a well-established, fast paced organisation based in High Wycombe. This role is an immediate start offering a 6 x month contract initially, with a hybrid working pattern along with a completive rate of pay.

Responsibilities:

  • Assist the Finance Manager to deliver the short-term leases project
  • Analyse opex spend across vehicle and plant spend to determine and apply correct accounting treatment, in line with IFRS16.
  • Prepare and present an analytical review following initial findings to explain the impact on the group financial statements both P&L & Balance Sheet
  • Implement findings process lease addition schedules, correctly calculating the present value of future cash flows.
  • Restate P&L position ensuring lease payments are reconciled and transferred to the balance sheet. Prepare monthly cash reconciliation, ensure integrity of balance sheet with accurate backing schedules.
  • Stakeholder Engagement. Regular and clear communications with all stakeholders to ensure all data collection needs are meet accurately and in a timely way.
  • Business Partnering. Ensure all stakeholders are kept up to date on progress and understand current & future process to ensure ongoing adherence to policy. Provide technical training on IFRS16, to both Finance & Non-Finance personnel if required.
  • Ensure consistency of approach & processes are followed and documented to withstand year-end audit scrutiny from Deloitte, prepare audit restatement schedules where required,
  • Forecasting & Budgeting. Assess the future impact of the project on depreciation projections, lease liability balances and ROU asset, ensuring key stakeholders are kept abreast of changes

Requirements:

  • Qualified or Part Qualified Accountant (ACA, ACCA or CIMA)
  • Sound practical knowledge of IFRS 16 implementation
  • Proven analytical approach for reporting and presentation purposes
  • Previous experience of delivering a project to tight timescales in a large scale organisation
  • Strong system skills including advanced Excel and Power BI

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