Finance Process Lead

• Review the balances in the fixed asset register (incl. SL/GL), IFRS16 ROU assets/lease liability, dilapidation balances prior to period close to ensure balances are accurately reported.
• Review the controls for all activities performed by Fixed Asset analyst pre & post period close.
• Review the fixed asset entries, adjustments, depreciation/amortisation, and capitalisation to ensure these are reported correctly in the monthly fixed asset register (FAR).
• Review periodic balance sheet reconciliation for both fixed assets and IFRS leases.
• Ensuring closure of open items/variances in a timely manner.
• Review of leases in line with the policy, to be able to assess whether a lease qualifies under IFRS16 and understand its accounting implication.
• Review of ROU assets and Lease liability (categorisation between current & non-current balance) and ensuring completeness with Innervision (IFRS16 lease reporting tool).
• Forecast of depreciation and amortization schedule along with adjusting for any future events (impairment, write-off, useful life adjustments etc.).
• Responsible & accountable to resolve audit queries for Group/Local statutory audit and Internal audit. Required to resolve any Tax queries for dh Group of entities.
• Leading the Impairment review exercise & asset verification process. Reviewing all the adjustments posted as result of review exercise to ensure compliance with accounting standards.
• Review the numbers reported for Fixed Assets balance in ONS survey.
• Assisting the GPO for KPI reporting and running continuous improvement initiatives.
• Review the aging of CIP (under construction) balances and flagging those items which create a possible risk in the near future.
• Responsible to ensure accurate information is reported in the assets module along with maintaining proper evidence/audit trail which can be used for future reference.
• Reviewing process SOP's, RACI's and ensuring they're always up to date.
• Review of management reporting (e.g. CAPEX, performance, fixed asset consolidation, depreciation/amortisation).
• Work with Commercial Finance, Controllers, Property team on Internally Generated Development Cost (Intangibles assets) & IFRS16 lease accounting.
• Liaising with the product teams/custodians of fixed assets during the Impairment review & assets verification in getting a timely response and to ensure there are no delays or no response.
• Liaising with Procure to Pay, Order to Cash, GL & Consolidation team to resolve any hindrances identified during Fixed asset & Lease reporting process.
• Preparing training plan for the new joiners, or providing training sessions to the existing team members, if required.

• Master's degree in finance or equivalent.
• 8+ years of relevant experience in Fixed asset
• Candidate should have a good MNC working experience.
• Good understanding of accounting standards (IAS16, IAS36, IAS38, IFRS16 and others).

• Part-qualified Accountant / Cost Management Accountant / Diploma in IFRS.
• Hands on working experience in IFRS16 Lease accounting will be preferred.

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