Deputy Manager-Financial Control

Employer
Confidential
Location
India
Posted
Jun 17, 2024
Closes
Jul 01, 2024
Ref
4737030397
Level
Manager, Staff, Senior
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia
  • Deputy Manager -Financial Control u2013 Lease Accounting
  • 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 (u2018Divested Groupu2019). 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.

    Overall purpose of the job

    As part of continued growth within the Alight Kochi shared services division, Alight HR are now seeking potential candidate to join the Finance Controllership team. The ideal candidate will need to be proficient in accounting and he/she must be able to work collaboratively with teams to execute tasks within defined timeframes while maintaining high-quality standards and superior service levels. The ability to take proactive actions and willingness to take up responsibility beyond the assigned work area is a plus.


  • 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+ yearsu2019 experience / Semi Qualified Accountant (CA/CWA/CIMA / ACCA) or MBA/ M.com in Finance with minimum of 8-12 yearsu2019 experience.
  • Solid understanding of lease accounting principles and standards, including IFRS 16 and ASC 842
  • Rigorous attention to details, professional attitude, reliable


We offer you a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Pay Transparency Statement: Alight considers a variety of factors in determining whether to extend an offer of employment and in setting the appropriate compensation level, including, but not limited to, a candidateu2019s experience, education, certification/credentials, market data, internal equity, and geography. Alight makes these decisions on an individualized, non-discriminatory basis. Bonus and/or incentive eligibility are determined by role and level. Alight also offers a comprehensive benefits package for specific details on our benefits package, please visit:

DISCLAIMER:

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities of this job to other entities including but not limited to subsidiaries, partners, or purchasers of Alight business units.
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Skills: Lease Accounting

Experience: 5.00-8.00 Years