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Lease Compliance Specialist

Lease Compliance Specialist

NouryonRepublic Of India, IN
2 hours ago
Job description

At Nouryon, our global team of Changemakers takes positive action every day, to reach higher goals collectively and individually. We create innovative and sustainable solutions for our customers to answer society’s needs – today and in the future.

Purpose of the Job

We are currently seeking a motivated and detail-oriented individual to join our Nouryon GCC as Manager-Lease. The ideal candidate will be responsible for managing a range of activities related to the leasing (IFRS16), which includes ensuring accurate and timely financial reporting, maintaining compliance with company policies, and driving continuous improvement within the finance function.

About the job (Job Responsibilities)

  • Lease accounting and analysis : Review, analyze, and interpret complex lease agreements to ensure correct accounting treatment. This includes evaluating lease terms, options, and renewals.
  • Lease management system : Based on all evaluation, lease accountant will be responsible to create the IFRS 16 contract in PLANON tool.
  • Financial reporting : Prepare monthly and annual financial reports as per company policy and procedure.
  • Month-end close : Complete the IFRS16 related posting using interface between PLANON and SAP, resolve IDOC error (if any).
  • Reconciliation : Reconcile lease-related balance sheet accounts and resolve discrepancies.
  • Compliance : Ensure adherence to relevant accounting standards (IFRS 16) and assist with internal and external audits & SOX controls.
  • Liaising to various stakeholder : Will be responsible for liaising with various stakeholder based on contract open in ARIBA and reconciliation of lease suspense account to get the IFRS16 contract created in PLANON. Coordinate with technical accounting and global teams for queries and process improvements.
  • SOP Management : Built and maintain SOPs for all Lease transactions and ensure compliance with company policy.

We believe you bring (Education & Experience)

  • CA / CMA with a minimum of 3-10 years of relevant experience in IFRS16 accounting and reporting or a similar financial reporting role.
  • Strong understanding of accounting principles and financial reporting.
  • Proficiency in Microsoft Office Suite, with advanced skills in Excel.
  • Experience with ERP systems, such as SAP.
  • Excellent analytical, problem-solving, and organizational skills.
  • Ability to communicate effectively, both written and verbally, with employees at all levels within the organization.
  • High attention to detail and accuracy in financial data.
  • Working Conditions

  • Full-time position, typically Monday through Friday (Flexible timings) with the possibility of additional hours during peak periods.
  • This role may require occasional travel to different company sites or for professional development opportunities.
  • Please apply via our online recruitment system. We will not accept applications via e-mail. Once it's with us we will review to see if we have a match between your skills and the role! For more information about our hiring process, visit : nouryon.Com / careers / how-we-hire /

    We look forward to receiving your application!

    We kindly ask our internal candidates to apply with your Nouryon email via Success Factors.

    We’re looking for tomorrow’s Changemakers, today.

    If you’re looking for your next career move, apply today and join Nouryon’s worldwide team of Changemakers in providing essential solutions that our customers use to manufacture everyday products such as personal care, cleaning, paints and coatings, agriculture and food, pharmaceuticals, and building products. Our employees are driven by the wish to make an impact and actively drive positive change. If that describes you, we will gladly make way for your ambitions. From day one we support you with your personal growth, through challenging positions and comprehensive learning and development opportunities, in a dynamic, international, diverse, and proactive working environment.

    Visit our website and follow us on LinkedIn.

    #WeAreNouryon #Changemakers

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