At a Glance
- Tasks: Lead lease accounting for a vast property portfolio and ensure compliance with IFRS16 standards.
- Company: Join a dynamic finance team in a hybrid working environment.
- Benefits: Enjoy competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Be part of exciting finance transformation projects and enhance your career.
- Why this job: Make a significant impact on financial processes while collaborating with diverse stakeholders.
- Qualifications: Qualified accountant with strong IFRS16 knowledge and excellent Excel skills.
The predicted salary is between 58500 - 71500 £ per year.
Working Pattern
- Permanent | Hybrid – 3 days per week in the office
- We are seeking an experienced
IFRS16 Manager to take ownership of lease accounting for a large and complex property and infrastructure portfolio.
This is a key finance role, acting as the
Subject Matter Expert (SME) for IFRS16 , with responsibility for the end-to-end lease accounting process, monthly reporting, technical accounting, controls and external audit requirements.
You will work closely with internal finance teams, external auditors, outsourced service providers, and commercial, legal and property stakeholders to ensure IFRS16 accounting is accurate, compliant and continuously improving.
The Role
As IFRS16 Manager, you will own the IFRS16 process and policy across a portfolio of
15,000+ sites , ensuring accurate and timely monthly lease accounting and reporting.
You will be responsible for maintaining the lease accounting model, processing monthly data updates, posting journals, managing reconciliations and controls, and providing technical accounting expertise across the organisation.
Key Responsibilities
- IFRS16 Accounting, Data & Reporting
- Own the end-to-end IFRS16 accounting process and policy.
- Act as the subject matter expert for IFRS16, ensuring consistent application of accounting standards.
- Manage monthly updates to lease data and ensure all associated journals are accurately posted.
- Maintain and improve Excel-based lease accounting models and supporting controls.
- Manage accounting treatment for lease modifications and lease impairment assessments.
- Ensure the monthly IFRS16 close is completed accurately and within agreed deadlines.
- Maintain monthly balance sheet reconciliations, including deferred rent.
- Technical Accounting & Audit
- Prepare technical accounting papers and position papers relating to lease accounting.
- Lead responses to external audit queries and coordinate supporting evidence and management responses.
- Ensure a robust control environment is maintained and proactively address potential audit issues.
- Monitor developments in IFRS and assess their impact on lease accounting policies and processes.
- Stakeholder & Provider Management
- Act as the key IFRS16 contact for shareholder finance teams, external auditors, outsourced providers and internal stakeholders.
- Work closely with outsourced providers to improve data quality, reporting visibility and process efficiency.
- Support commercial, legal and property teams with advice on lease structures and contractual changes.
- Assess the accounting implications of new site agreements and lease modifications.
- Provide clear and commercially focused advice to business stakeholders on IFRS16 consequences.
- Transformation & Projects
- Support wider finance transformation initiatives.
- Act as the finance SME for the implementation of a new IFRS16 lease accounting system, supporting design, testing and deployment.
- Identify opportunities to improve processes, controls, data integrity and reporting.
- Support ad-hoc finance projects and initiatives as required.
About You
We are looking for a technically strong and commercially minded qualified accountant who has demonstrable experience owning IFRS16 accounting and reporting within a complex organisation.
You will ideally have
- ACA, ACCA or CIMA qualification.
- Strong technical understanding of IFRS16 accounting, policy and controls.
- Experience managing external audit reviews and responding to technical accounting queries.
- Experience working within a large, complex or multi-site organisation.
- Strong Excel skills, including the ability to work with large datasets and complex financial models.
- Experience improving financial controls, processes and reporting.
- Strong analytical and problem-solving skills.
- Excellent stakeholder management and communication skills.
- The ability to work independently, manage competing priorities and deliver to tight deadlines.
- Experience working with outsourced finance/accounting providers would be advantageous.
- #J-18808-Ljbffr
Finance Manager in Reading employer: Project People
Project People is an exceptional employer that prioritises employee experience and professional growth, making it an ideal place for HR professionals looking to make a meaningful impact. Located in the vibrant city of Glasgow, we offer a collaborative work culture that fosters innovation and continuous improvement, alongside a hybrid working model that promotes work-life balance. Our commitment to developing talent ensures that employees have ample opportunities for advancement within a supportive and dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager in Reading
✨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.
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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 Project People. 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 Finance Manager in Reading
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 Project People.
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 Project People'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 Project People
✨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 Project People.
✨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 Project People 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 Project People 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.
