Lease Accountant

Lease Accountant

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
Clearwater People Solutions Ltd

At a Glance

  • Tasks: Manage lease accounting and reporting, ensuring accuracy and timely resolution of queries.
  • Company: Join a dynamic team in a hybrid work environment with a focus on collaboration.
  • Benefits: Enjoy a competitive salary, flexible working, and opportunities for professional growth.
  • Other info: Great opportunity for career advancement in a fast-paced environment.
  • Why this job: Make an impact in finance while developing your skills in a supportive setting.
  • Qualifications: Part-qualified Accountant with finance experience and strong attention to detail.

The predicted salary is between 40000 - 50000 £ per year.

Our client is currently recruiting for a Lease Accountant to join their team. The Lease Accountant will take ownership of lease accounting and reporting, including ensuring that control accounts are reviewed regularly and all items in query are resolved. This is a hybrid based role 2-3 days in the office.

Key Responsibilities for the Lease Accountant:

  • Carry out all steps required for month end lease processing and reporting.
  • Prepare any manual journals required for missed ALAE transactions, to be posted into SAP.
  • Prepare IFRS16 HFM file for Group reporting.
  • Review all lease controls accounts monthly with preparers and ensure they are resolving any query items in a timely manner.
  • Identify new leases, modifications or disposals to be processed on ALAE and ensure change log is updated.
  • Ensure all lease related queries in the team mailbox are answered within agreed timeframes.
  • Assist with audit requests and statutory reporting for IFRS16.
  • Review the P&L for any short term/low value leases and assess correct treatment.
  • Approval of fixed asset creation/transfers where required and asset creation.

Key Experience for the Lease Accountant:

  • Part-qualified Accountant (CIMA/ACCA/ACA) [at least 3 years completed/4 or fewer exams remaining] and minimum of three years in a finance role.
  • Experience of overseeing fixed assets.

Lease Accountant employer: Clearwater People Solutions Ltd

Our client is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration. With a hybrid working model, employees enjoy the flexibility of working 2-3 days in the office, allowing for a healthy work-life balance while being part of a supportive team dedicated to excellence in lease accounting. The company prioritises employee development through ongoing training and mentorship, making it an ideal place for those seeking meaningful and rewarding careers in finance.

Clearwater People Solutions Ltd

Contact Details:

Clearwater People Solutions Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lease Accountant

Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work in lease accounting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on IFRS16 and lease accounting specifics. We recommend creating a cheat sheet of key concepts and examples to showcase your expertise when it comes to handling queries and month-end processes.

Tip Number 3

Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the Lease Accountant role. Plus, it’s a great chance to reiterate why you’re the perfect fit.

Tip Number 4

Apply through our website for the best chance at landing that Lease Accountant gig! We make it easy for you to showcase your skills and experience directly to employers looking for someone just like you.

We think you need these skills to ace Lease Accountant

Lease Accounting
Financial Reporting
Control Account Review
SAP
IFRS16
HFM
Journal Preparation

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Lease Accountant role. Highlight your experience with lease accounting, IFRS16, and any relevant software like SAP. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to the key responsibilities mentioned in the job description.

Showcase Your Qualifications:Since we’re looking for a part-qualified Accountant, make sure to mention your CIMA/ACCA/ACA progress. Let us know how many exams you've completed and your finance experience, as this will help us understand your journey.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Clearwater People Solutions Ltd

Know Your Numbers

As a Lease Accountant, you'll be dealing with a lot of figures and reports. Brush up on your knowledge of IFRS16 and lease accounting principles. Be ready to discuss how you've applied these in your previous roles, especially when it comes to month-end processing and reporting.

Showcase Your Problem-Solving Skills

The role involves resolving queries and ensuring control accounts are accurate. Prepare examples of how you've tackled similar challenges in the past. Highlight your ability to identify issues and implement solutions effectively, as this will demonstrate your proactive approach.

Familiarise Yourself with SAP

Since you'll be preparing manual journals for SAP, it's crucial to have a good grasp of the system. If you have experience with SAP, be prepared to discuss specific tasks you've completed using it. If not, do some research on its functionalities related to lease accounting.

Ask Insightful Questions

Interviews are a two-way street! Prepare thoughtful questions about the company's lease accounting processes, team dynamics, or future projects. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.