Job Summary

We are seeking a detail-oriented and analytical General Accounting professional with expertise in IFRS 16 Lease Accounting. The role is responsible for managing lease accounting activities, ensuring compliance with IFRS 16 standards, supporting month-end and year-end close processes, and collaborating with cross-functional teams to ensure accurate financial reporting.

Key Responsibilities

- Perform end-to-end lease accounting activities in accordance with IFRS 16.

- Review lease contracts and determine appropriate accounting treatment.

- Calculate and maintain Right-of-Use (ROU) Assets and Lease Liabilities.

- Prepare journal entries related to lease additions, modifications, reassessments, terminations, depreciation, interest accruals, and lease payments.

- Execute monthly, quarterly, and annual financial close activities for lease accounting.

- Reconcile lease accounting balances with the general ledger and investigate variances.

- Maintain lease accounting records in lease management systems (e.g., SAP RE-FX, SAP ECC, SAP FC).

- Prepare balance sheet reconciliations and supporting schedules.

- Support statutory reporting, internal and external audits by providing required documentation.

- Ensure compliance with IFRS 16 policies, internal controls, and HARP requirements (where applicable).

- Collaborate with Procurement, Real Estate, Legal, Treasury, and Business Finance teams on lease-related transactions.





- Identify opportunities for process improvements, automation, and standardization.

- Prepare management reports, SLA dashboards, and lease portfolio analytics.

Required Qualification

- Qualified CA with 26 years of experience in General Accounting with hands-on IFRS 16 Lease Accounting.

- Strong understanding of IFRS 16 accounting principles and lease lifecycle management.

- Experience with ERP systems such as SAP, Oracle, or SAP FC

- Advanced Microsoft Excel skills (Pivot Tables, XLOOKUP/VLOOKUP, Power Query is a plus).

Preferred Skills

- Robust analytical and problem-solving abilities.

- Excellent attention to detail and accuracy.

- Effective communication and stakeholder management skills.

- Experience working in a Shared Services (SSC) or Global Business Services (GBS) environment.

- Ability to work under tight month-end reporting deadlines.

- Knowledge of SOX compliance and internal controls.

- Strong knowledge of Google Workspace applications.

Key Competencies

- IFRS 16 Lease Accounting

- General Ledger (GL) Accounting

- Financial Reporting

- Account Reconciliation

- Journal Entries

- Month-End Close

- Balance Sheet Reconciliation

- Fixed Assets

- Internal Controls & Compliance

- Audit Support

- ERP Systems (SAP/Oracle)

- Advanced Excel

- Process Improvement

- Stakeholder Management

📌 IFRS 16 lease Accounting (Navi Mumbai)
🏢 Holcim
📍 Navi Mumbai