Deputy Manager - Financial Control

4 days left

Employer
Alight
Location
Kochi
Posted
Jun 02, 2024
Closes
Jun 23, 2024
Ref
4718212346
Level
Manager, Staff, Senior
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
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 ('Divested Group'). 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
  • Manage the accounting for leases and ensure compliance with lease accounting standards such as IFRS 16 and ASC 842.
  • Accurately record lease transactions, including lease classification, initial recognition, measurement, and subsequent accounting.
  • Collaborate with cross-functional teams to gather lease data and ensure completeness and accuracy of lease information.
  • Perform lease analysis to determine the appropriate accounting treatment for complex lease arrangements.
  • Assist in the preparation of financial statements and disclosures related to lease accounting.
  • Stay updated on changes in lease accounting standards under US GAAP and IFRS and assess their impact on the organization.
  • Serve as an individual contributor, taking ownership of lease accounting processes and delivering high-quality results autonomously.
  • Take ownership of transitioning lease accounting processes from onshore teams, ensuring smooth knowledge transfer and continuity of operations.
  • Collaborate with internal and external auditors during audits, providing documentation and explanations related to fixed asset transactions and controls.
  • Identify opportunities for efficiency and effectiveness for improvements in process.
  • Prepare and update process documents related to lease accounting, ensuring clarity and consistency in procedures.

Eligibility to Apply
  • Qualified Accountant with 5+ years' experience / Semi Qualified Accountant (CA/CWA/CIMA / ACCA) or MBA in Finance with minimum of 8-12 years' experience.
  • Solid understanding of lease accounting principles and standards, including IFRS 16 and ASC 842
  • Rigorous attention to details, professional attitude, reliable
  • Ability to work to deadlines and prioritisation skills.
  • Excellent problem-solving, conflict resolution and decision-making capabilities
  • Able to analyse and interpret a range of complex financial issues and problems.
  • Strong work ethics, well organised and self-starter.

Other Responsibilities
  • Resolving ad-hoc queries from onsite counterparts within and outside the division
  • Completion of all process related MI's and governance tools
  • Manage Support / cover for other members / team members of the finance team as required
  • Supervise and manage the entity accounting team

Cand

Personal Attributes
  • Leadership Skills
  • Organised and proactive, tenacious with an enthusiasm to support the business
  • Highly numerate with strong analytical and problem solving skills, plus excellent attention to detail
  • Team player
  • Ability to work under pressure
  • Eager for additional responsibilities and looking for career progression within the organization