Commercial Lease Accountant

  • Location

    West London, London

  • Sector:

    Finance

  • Job type:

    Contract

  • Salary:

    £350 - £400 per day

  • Contact:

    Experis UK

  • Contact email:

    paul.francombe@experis.co.uk

  • Job ref:

    BBBH122069_1588859113

  • Published:

    3 months ago

  • Duration:

    12 Months

  • Expiry date:

    2020-06-18

  • Start date:

    ASAP

  • Client:

    #

My client, a large international electronics manufacturer based in West London, is urgently seeking a Commercial Lease Accountant to join their busy B2B finance team on a 12 month contract. You should ideally be immediately available or on a maximum of 1 week's notice.

The Commercial Lease Accountant is responsible for actively supporting the business in commercial opportunities and decisions. The role is focused on lease governance both in terms of accounting policies and external leasing regulatory requirements. Strong focus on all lease related P&L Forecasts and Budget.

Key Responsibilities:

  • Manage successful working relationships with key stakeholders including deal queries, commission process, commercial decisions
  • Manage the monthly Lease P&L Forecasting
  • Co-ordinate and produce budgets and lease P&L including Balance Sheet Budget
  • Ownership of accurate and timely month-end reporting process including analysing Actual v Budget performance. Ensuring local and European deadlines are complied with
  • Actively support business commercially
  • Ensure outsourced activities and relationship with Outsource company are maintained, improved and built on where possible-recently outsourced lease support role
  • Clearly communicate, present & deliver information at all levels
  • Ownership of all Oracle related Balance Sheet & P&L Transactions
  • Deputy for B2B Controller when required
  • Leasing Governance responsibilities including:

o Lease Classification & CEL Guidelines
o Commercial decisions, making sure in line with US GAAP
o Revenue Recognition
o Deal approvals
o Relevant SOX Controls
o FCA Compliance and filing relevant returns

Key Specifications:

  • ACA or CIMA qualified accountant from a Big 4 practice background
  • 2-3 year's post-qualification experience including technical and commercial accounting
  • Previous lease accounting experience
  • Experience of US GAAP
  • Awareness of FCA compliance
  • Advanced Excel skills & experience with Oracle, Hyperion & Essbase