Deputy Manager -Financial Control – Lease Accounting Your candidacy is currently being considered for a requisition for an Alight Inc group company. As you may be aware, Alight has announced intent to divest its Payroll & Professional Services business to HIG Capital. After the transaction closes, this position will be aligned to the new Payroll & Professional Services owned by HIG Capital (‘Divested Group’). By applying for this position which will be with the Divested Group company, you understand and agree to the information you submitted for your application with Alight being shared with the Divested Group company. In addition, if you are made an offer of employment, it will be contingent on your undergoing and successfully completing a background check consistent with the Divested Group company employment policies. Overall purpose of the job As part of continued growth within the Alight Kochi shared services division, Alight HR are now seeking potential candidate to join the Finance Controllership team. The ideal candidate will need to be proficient in accounting and he/she must be able to work collaboratively with teams to execute tasks within defined timeframes while maintaining high-quality standards and superior service levels. The ability to take proactive actions and willingness to take up responsibility beyond the assigned work area is a plus. Manage the accounting for leases and ensure compliance with lease accounting standards such as IFRS 16 and ASC 842. Accurately record lease transactions, including lease classification, initial recognition, measurement, and subsequent accounting. Collaborate with cross-functional teams to gather lease data and ensure completeness and accuracy of lease information. Perform lease analysis to determine the appropriate accounting treatment for complex lease arrangements. Assist in the preparation of financial statements and disclosures related to lease accounting. Stay updated on changes in lease accounting standards under US GAAP and IFRS and assess their impact on the organization. Serve as an individual contributor, taking ownership of lease accounting processes and delivering high-quality results autonomously. Take ownership of transitioning lease accounting processes from onshore teams, ensuring smooth knowledge transfer and continuity of operations. Collaborate with internal and external auditors during audits, providing documentation and explanations related to fixed asset transactions and controls. Identify opportunities for efficiency and effectiveness for improvements in process. Prepare and update process documents related to lease accounting, ensuring clarity and consistency in procedures. Eligibility to Apply Qualified Accountant with 5 years’ experience / Semi Qualified Accountant (CA/CWA/CIMA / ACCA) or MBA/ M.com in Finance with minimum of 8-12 years’ experience. Solid understanding of lease accounting principles and standards, including IFRS 16 and ASC 842 Rigorous attention to details, professional attitude, reliable We offer you a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. Pay Transparency Statement: Alight considers a variety of factors in determining whether to extend an offer of employment and in setting the appropriate compensation level, including, but not limited to, a candidate’s experience, education, certification/credentials, market data, internal equity, and geography. Alight makes these decisions on an individualized, non-discriminatory basis. Bonus and/or incentive eligibility are determined by role and level. Alight also offers a comprehensive benefits package; for specific details on our benefits package, please visit: https://bit.ly/Alight_Benefits DISCLAIMER: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities of this job to other entities; including but not limited to subsidiaries, partners, or purchasers of Alight business units. . About Alight Solutions Alight is a leading cloud-based human capital technology and services provider that powers confident health, wealth and wellbeing decisions for 36 million people and dependents. Our Alight Worklife® platform combines data and analytics with a simple, seamless user experience. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. With personalized, data-driven health, wealth, pay and wellbeing insights, Alight brings people the security of better outcomes and peace of mind throughout life’s big moments and most important decisions. Learn how Alight unlocks growth for organizations of all sizes at alight.com. Our values are the essence of who we are: Champion people. We are empathetic and have created a place where everyone belongs. And we win together. Grow with purpose. We are inspired by our higher calling. We fail forward and choose progress over perfection. We are brave, show grit and grow our whole selves. Be Alight. We are a beacon that empowers others. We act with integrity and are real. And we find ways to add joy. Our Colleague Experience At Alight Solutions, we are reimaging how people and organizations thrive. To deliver on this purpose, we do things differently. From company leaders to our newest colleagues, we all play a role in bringing our values to life. Every colleague shapes how Alight can become better, stronger and brighter – together. With technology as our catalyst and humanity at our core, we advance each day toward a better future in work and life. We understand the powerful human connections that create success for organizations. We bring an industry leader's expertise and a true partner's commitment to our benefits and administration solutions around health, wealth, HR, finance and consumer experience. Are you interested in helping us shape the future of work and life for organizations, people and their families? If so, you've come to the right place. Help us reimagine how people and organizations thrive! Our story starts with a simple, universal truth: Every business is a people business. We are Alight Solutions. Reimagining how people and organizations thrive. @AlightSolutions