Lease Accounting Team Lead - Record to Report
We are looking to hire a Lease Accounting Team Lead in our Record to Report team based in Ahmedabad, India.
Wil be responsible for end-to-end lease accounting under IFRS 16 for aircraft and non-aircraft assets across group and subsidiaries, ensuring accuracy, timeliness, and compliance with IFRS and internal controls. The role demands hands-on experience in manually building and maintaining lease models in Excel, complemented by proficiency in Oracle ERP and deep understanding of the complexities and nuances of lease accounting, ensuring compliance and accuracy in financial reporting. Possessing a transformational mindset to streamline processes, drive automation, and support digital finance initiatives.
Responsibilities:
- Manage IFRS 16 lease accounting for aircraft and non-aircraft assets across group entities.
- Build and maintain manual lease models in Excel for Right-of-Use (ROU) asset and lease liability calculations, including remeasurements and modifications.
- Perform accurate and timely accounting entries for new leases, reassessments, terminations, and reclassifications.
- Oversee monthly reconciliations of lease balances between Excel models, Oracle sub-ledgers, and the general ledger.
- Ensure full compliance with IFRS 16, Group accounting policies, and internal controls.
- Support internal and external audit requirements with clear documentation, model logic, and reconciliations.
- Work closely with HO, treasury, and business finance teams to interpret lease agreements and assess accounting implications.
- Provide expert guidance and act as an SME on lease accounting matters, including the interpretation and application of IFRS 16 standards
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