Your candidacy is currently being considered for a requisition for an Alight Inc group company. As you may be aware, Alight has announced intent to divest its Payroll & Professional Services business to HIG Capital. After the transaction closes, this position will be aligned to the new Payroll & Professional Services owned by HIG Capital (\xe2\x80\x98Divested Group\xe2\x80\x99). By applying for this position which will be with the Divested Group company, you understand and agree to the information you submitted for your application with Alight being shared with the Divested Group company. In addition, if you are made an offer of employment, it will be contingent on your undergoing and successfully completing a background check consistent with the Divested Group company employment policies.Roles and Responsibilities\xc2\xb7 Manage the accounting for leases and ensure compliance with lease accounting standards such as IFRS 16 and ASC 842.\xc2\xb7 Accurately record lease transactions, including lease classification, initial recognition, measurement, and subsequent accounting.\xc2\xb7 Collaborate with cross-functional teams to gather lease data and ensure completeness and accuracy of lease information.\xc2\xb7 Perform lease analysis to determine the appropriate accounting treatment for complex lease arrangements.\xc2\xb7 Assist in the preparation of financial statements and disclosures related to lease accounting.\xc2\xb7 Stay updated on changes in lease accounting standards under US GAAP and IFRS and assess their impact on the organization.\xc2\xb7 Serve as an individual contributor, taking ownership of lease accounting processes and delivering high-quality results autonomously.\xc2\xb7 Take ownership of transitioning lease accounting processes from onshore teams, ensuring smooth knowledge transfer and continuity of operations.\xc2\xb7 Collaborate with internal and external auditors during audits, providing documentation and explanations related to fixed asset transactions and controls.\xc2\xb7 Identify opportunities for efficiency and effectiveness for improvements in process.\xc2\xb7 Prepare and update process documents related to lease accounting, ensuring clarity and consistency in procedures.Eligibility to Apply\xc2\xb7 Qualified Accountant with 5+ years\xe2\x80\x99 experience / Semi Qualified Accountant (CA/CWA/CIMA / ACCA) or MBA in Finance with minimum of 8-12 years\xe2\x80\x99 experience.\xc2\xb7 Solid understanding of lease accounting principles and standards, including IFRS 16 and ASC 842\xc2\xb7 Rigorous attention to details, professional attitude, reliable\xc2\xb7 Ability to work to deadlines and prioritisation skills.\xc2\xb7 Excellent problem-solving, conflict resolution and decision-making capabilities\xc2\xb7 Able to analyse and interpret a range of complex financial issues and problems.\xc2\xb7 Strong work ethics, well organised and self-starter.Other Responsibilities
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