int(10064)
Bangalore/Chennai, India

Vice President – Lease Accounting

Our client is at the forefront of financial innovation and excellence. With a rich history and a commitment to delivering exceptional financial services, we continue to grow and set new industry standards. As part of their dynamic team, you’ll have the opportunity to contribute to their success and shape the future of banking.

Position Overview:

We are currently seeking a skilled and detail-oriented Lease Accounting Specialist. In this pivotal role, you will focus on Accounting and Controls, requiring a profound understanding of IFRS 16 and IAS 16 in the context of lease and fixed asset accounting. The successful candidate will play a key role in maintaining accurate financial records, ensuring compliance with accounting standards, and contributing to the overall financial integrity of the organization.

Please contact Krati Arora or email your cv directly in word format to bankingandfinance-in@theedgepartnership.com.

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful.

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Key responsibilities

  • Manage lease accounting processes in accordance with IFRS 16 and IAS 16 standards.
  • Oversee fixed asset accounting and ensure accurate classification and valuation.
  • Collaborate with cross-functional teams to gather lease-related information and ensure timely and precise recording.
  • Perform periodic reconciliations and analyses to validate the accuracy of lease-related financial data.
  • Stay informed about changes in accounting standards and regulations, implementing necessary adjustments.
  • Contribute to the development and enhancement of internal controls related to lease accounting.
  • Act as a subject matter expert, providing guidance and support to internal stakeholders.

Role requirements

  • Master’s degree in accounting, Finance, or a related field.
  • Professional certification (e.g., CPA) is highly desirable.
  • Proven experience in lease accounting, with a strong grasp of IFRS 16 and IAS 16.
  • Solid understanding of fixed asset accounting principles.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and commitment to accuracy.
  • Effective communication skills to collaborate with diverse teams.
  • Ability to adapt to changing accounting standards and regulatory requirements.