IFRSManager

Our Vision:
Continue to be the leading UK mobile infrastructure services company.

We are at an exciting time in our company’s development. We've come a long way since we were first formed in 2012. From the rollout of new technologies and managing complex legislation affecting the industry, we are leading the conversation on innovation and developing sharper solutions to serve our customers better. We collaborate as a team to meet the high standards expected of us and demand the best of ourselves through our values.

Cornerstone is the UK’s leading mobile and digital infrastructure provider, managing over 15,700 sites and holding 35% of the market. Our Mission is to be famous for excellence in delivery, embracing transformation with our people and our customers at its heart.

Lead the lease accounting within Cornerstone, acting as the Subject Matter Expert for IFRS
16. Ensure monthly lease data updates are processed in line with IFRS
16 guidance, post all associated journals, maintain robust reporting controls, and lead responses to external audit review. Drive improvements in data visibility and reporting integrity through close collaboration with outsourced providers.

Own the end-to-end IFRS
16 process and policy, including lease accounting for a portfolio in excess of 15,000 sites.

Maintain accurate monthly IFRS
16 reporting by updating lease data in an Excel based model, posting associated journals.

Act as the key IFRS
16 contact for shareholder finance teams, external auditors, outsourced providers and internal stakeholders.

• Act as SME for IFRS
  16 process and policy, ensuring lease accounting treatment is applied consistently and in line with IFRS
  16 guidance.
• Liaise with outsourced providers to obtain monthly updates and process adjustments to lease data, posting all associated IFRS
  16 journals.
• Maintain and improve robust Excel-based models and supporting controls to generate accurate lease accounting outputs.
• Accounting treatment of lease modifications and lease impairment assessment.
• Accuracy and timeliness of monthly IFRS
  16 close; ensuring reporting is completed before 12pm on WD2.

• Lead responses to external audit review of lease accounting, coordinating evidence, analysis and management responses.
• Ensure there are no material external audit findings in relation to lease accounting.
• Preparing technical accounting papers to support lease accounting methodology.
• Collaborate with outsourced providers to drive process improvements and enhance the integrity of IFRS
  16 reporting.
• Supporting commercial, legal and property teams on lease structures

• Act as key IFRS
  16 contact for shareholder finance teams, supporting with queries and the provision of accurate data.
• Build trusted relationships with internal and external finance stakeholders to resolve issues, provide insight and maintain confidence in IFRS
  16 reporting.

• Document and maintain accounting papers and process notes for IFRS
  16 as required.
• Ensure balance sheet reconciliations are maintained monthly, including deferred rent.
• Develop and maintain a robust control environment for lease accounting.
• Assessing accounting implications of new site agreements and lease modifications
• Technical accounting papers and position papers
• Monitor IFRS developments and accounting changes to ensure continued compliance.

• Support the implementation of a new IFRS
  16 lease accounting system, acting as the finance subject matter expert throughout design, testing and deployment.
• Support ad-hoc projects and tasks as directed by line manager.
• Contribute actively to health and safety, environmental, business continuity, and information security arrangements to meet ISO obligations.

Strong technical understanding of IFRS
16 accounting, controls and policy application.

Ability to manage complex reporting and audit requirements.

Advanced Excel modelling and large-volume data…