Lease Accountant

Lease Accountant

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
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 growth.
  • Benefits: Enjoy competitive pay, flexible working, and opportunities for professional development.
  • Other info: Great opportunity for career advancement in a supportive and evolving workplace.
  • Why this job: Be part of a crucial finance role that impacts the company's financial health.
  • Qualifications: Part-qualified Accountant with experience in finance and strong Excel skills.

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, leases/IFRS16 accounting, property related transactions, intercompany, balance sheet reconciliations, Group reporting, audit and financial statements.
  • Must be willing to commit to actively studying and qualifying in a reasonable time frame.
  • Intermediate to Advanced Excel skills (complex formulae, pivot tables etc).
  • Good organisational and presentational skills.
  • Flexible and adaptable in this busy, evolving environment.
  • Experience of balance sheet reconciliations.
  • Experience of month end (accruals, prepayments, variance analysis etc).
  • Experience of ERP software, SAP preferred.

Lease Accountant employer: Clearwater People Solutions Ltd

Our client offers a dynamic and supportive work environment for the Lease Accountant role, with a strong emphasis on professional development and growth opportunities. The hybrid working model allows for flexibility, while the collaborative culture fosters teamwork and innovation. Employees benefit from comprehensive training programmes and the chance to work with experienced professionals in a thriving finance sector, making it an excellent place for those seeking meaningful and rewarding employment.

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

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Clearwater People Solutions Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Lease Accountant

Lease Accounting
IFRS16 Accounting
SAP
Financial Reporting
Balance Sheet Reconciliations
Audit Assistance
Fixed Asset Management

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Clearwater People Solutions Ltd.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Clearwater People Solutions Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

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

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Clearwater People Solutions Ltd.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Clearwater People Solutions Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Clearwater People Solutions Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.