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IFRS16 Accounting Manager
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IFRS16 Accounting Manager
Location: Theale
Working Pattern: Hybrid – 3 days per week onsite
You must be eligible to work in the UK without the need for Sponsorship.
We are partnering with a leading Telecommunications company based in Theale to recruit an experienced IFRS16 Accounting Manager / Subject Matter Expert.
This is a key role within the finance function, responsible for leading the end-to-end IFRS16 lease accounting process across a portfolio of more than 15,000 sites. You will act as the internal Subject Matter Expert for IFRS16, ensuring accurate and compliant lease accounting, robust financial controls and high-quality reporting.
The role will suit a qualified accountant with strong technical IFRS16 experience who is comfortable working with complex data, external auditors, outsourced providers and senior finance stakeholders.
Key Responsibilities
IFRS16 Accounting & Reporting
- Own the end-to-end IFRS16 process and accounting policy, ensuring consistent application of IFRS16 guidance.
- Maintain accurate monthly IFRS16 reporting through an Excel-based lease accounting model.
- Process monthly lease data updates and post all associated IFRS16 journals.
- Manage the accounting treatment of lease modifications and lease impairment assessments.
- Ensure the monthly IFRS16 close is completed accurately and on time, ahead of the WD2 reporting deadline.
- Maintain monthly balance sheet reconciliations, including deferred rent.
- Develop and maintain robust controls around lease accounting and reporting.
Audit & Technical Accounting
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- Act as the key IFRS16 contact for external auditors, shareholder finance teams, outsourced providers and internal stakeholders.
- Lead responses to external audit reviews, coordinating supporting evidence, analysis and management responses.
- Ensure lease accounting is appropriately supported and that there are no material external audit findings.
- Prepare technical accounting papers and position papers to support IFRS16 methodologies and accounting treatments.
- Monitor developments in IFRS and accounting standards to ensure continued compliance.
Business & Stakeholder Management
- Support Commercial, Legal and Property teams with advice on lease structures and contractual changes.
- Assess the accounting implications of new site agreements and lease modifications.
- Advise business stakeholders on the IFRS16 consequences of contractual changes.
- Build strong relationships with internal and external finance stakeholders, providing insight and resolving complex accounting queries.
- Manage relationships with outsourced providers and drive improvements in data quality, reporting integrity and processes.
Transformation & Continuous Improvement
- Identify opportunities to improve IFRS16 processes, controls, data visibility and reporting.
- Support finance transformation initiatives.
- Act as the finance Subject Matter Expert in the implementation of a new IFRS16 lease accounting system, supporting design, testing and deployment.
- Contribute to ad-hoc finance projects and initiatives as required.
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About You
We are looking for a technically strong and commercially minded qualified accountant who can take ownership of IFRS16 accounting within a large and complex organisation.
You will ideally have:
- ACA, ACCA or CIMA qualification.
- 2+ years' post-qualification experience with strong exposure to IFRS16.
- Proven experience owning IFRS16 reporting and accounting processes.
- Experience managing and responding to external audit reviews.
- Experience working within a large, complex organisation.
- Strong technical understanding of IFRS16 accounting, controls and policy application.
- Experience improving financial controls, processes and reporting.
- Advanced Excel skills, with the ability to work with large datasets and complex financial models.
- Strong analytical and problem-solving skills.
- Excellent stakeholder management skills, with the confidence to work with senior finance teams, auditors and outsourced providers.
- The ability to work independently, manage competing priorities and deliver to tight reporting deadlines.
Why Join?
This is an excellent opportunity to take ownership of a high-profile IFRS16 function within a major Telco environment, working across a substantial lease portfolio and playing a key role in improving accounting processes, controls and reporting.
You will have significant exposure to senior finance stakeholders, external auditors and transformation activity, including the implementation of a new IFRS16 accounting system.
Location: Theale
Hybrid working: 3 days per week onsite
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