Our client requires the service of an IFRSI6 Accountant who will be responsible for managing all activities connected to the IFRS16 asset and lease liability valuation.

Key performance areas:

? Manage day to day modifications to ensure that accounting entries comply with IFRS16.
? Manage stakeholder relationships with the Contract Management team and be comfortable with contract interpretation on aspects that impact IFRS16.
? Report to top management on how IFRS16 impacts the financial results and be comfortable with the parameters that are impacting the valuation of the RoU asset and the Lease Liability.
? Maintain SAP conditions to ensure that the required accounting result is achieved.
? Manage and Review of Business Rules w.r.t IFRS16 valuation (in conjunction with the Contract Management Team).
? Stakeholder management on managing of Business rules with Contract Management team and the auditors.
? Maintenance of the Business Rules on the SAP solution to ensure accurate valuation.
? Manage contract changes and apply the correct valuation changes accordingly.
? Review valuation rules based on daily modifications and make the necessary changes.
? Review ROI and apply business rules to determine the renewal options to be selected IBR calculation an application.
? Perform Valuation (Executing valuation simulation, reviewing valuation cash flow).
? Update valuation postings and review accounting entries.
? Reconciliation between rental payment and clearing of Lease Liability.
? Continuously investigate rental payments and considering potential IFRS16 leases.
? Straight lining periodic payment.
? Manage Impairments of Right of Use (RE-FX) assets on SAP after collaboration with Group Finance.
? Reporting on Right of Use Asset and Lease Liability.
? Analyse the results and perform reasonability checks (i.e. Impairments, Depreciation).
? BPC Uploads and reconciliations.
? Annual Financial Statement disclosure.

The successful candidate must have:

? Matric with a relevant Accounting Degree
? Registration as a CA(SA)
? Expert knowledge on IFRS16
? SAP RE-FX experience will be advantageous
? Good interpersonal skills (Stakeholders involve Operation Contract Management team, Group Finance, Auditors, Top Management)
? Knowledge and understanding of currency impacts for Lease Liability revaluations

Please note that only short listed candidates will be contacted.