Role & responsibilities

Job Description General Accounting (IFRS 16 Lease Accounting)

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 Qualifications

- Qualified CA with 2–6 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

- Solid 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, including:
- Google Sheets (data analysis, formulas, pivot tables, dashboards)
- Google Docs (documentation and reporting)
- Google Slides (management presentations and business storytelling)Hands-on experience with Google AI and Analytics tools is an added advantage, including: Gemini,Gemini Gems,Looker Studio (formerly Google Data Studio),NotebookLM
- Continuous improvement mindset with exposure to automation tools (Power BI, Alteryx, Power Automate, or VBA is a plus).

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

Preferred candidate profile

📌 Lease Accounting IFRS_Mumbai(Airoli) (Mumbai)
🏢 TeamLease
📍 Mumbai