We are looking for a Lease Business Process and Lease Accounting Lead to join our Customer Finance Team responsible for Lease activities.
You will be responsible for ensuring the correct accounting treatment of (vendor) Leasing transactions in accordance with the relevant accounting standards. You will be acting as a Finance Leasing expert within the organisation to provide guidance to stakeholders within the organisation on various matters including lease classification, maintaining at minimum an appropriate level of Internal Control & Compliance (incl. JSOX) to internal and external regulations. As a Lead, you are responsible the design and implementation of cradle to grave lease processes aiming to optimise effectiveness and efficiency.
Canon is a world-leading imaging company and a global brand - driven to enrich people’s lives and businesses with innovative products and smart digital solutions. At Canon, we’ve been inspiring people to capture and share their world for over 85 years. As a global leader in imaging and innovation, we’re driven by bold ideas, collaboration, and a commitment to making a positive impact.
With a strong presence across EMEA for over 60 years, our regional HQs in London and Amstelveen support operations in 120+ markets. We’re proud of our diverse, inclusive culture and our philosophy of Kyosei – living and working together for the common good.
Why join us?
Canon champions hybrid working with a flexible working policy. You will be part of an energetic and innovative environment with more than 50 different nationalities! Be part of a company that values sustainability and inclusion. Lastly, you’ll find that Canon encourages continuous learning and development with a wide range of resources and support available on demand.
If you’re visionary, innovative, and ready to make an impact – we’d love to hear from you. Even if you don't meet all the qualifications we still encourage you to apply.
With Canon, you'll get the support and encouragement you need to grow from people who share your ambition. We'll invest in your professional development to help you learn and progress in your role with us. You'll find leaders who give you the freedom to explore new things and a team where knowledge is shared openly.
At Canon we have a clear vision: to be committed to creating a more inclusive and equitable culture where employees are valued and can thrive personally and professionally.
Canon also has a strong commitment to sustainability, encompassed by our Kyosei philosophy of living and working together for the common good, focused on reducing our environmental impact and creating opportunities to make positive social contribution.
We are also looking for someone with:
- University degree in Finance / Accounting or a related field òr proven relevant experience
- Accounting Qualification (CPA/RA or Post Master Controller) or proven significant accounting experience with excellent understanding of leasing and its accounting treatment in both USGAAP and IFRS
- Understanding JSOX control framework
- Strong analytical skills with a proven skill of autonomous working, data mining experience would be big plus
- Excellent communication (oral and written) skills at all levels
- Excellent MS Office skills
- Oracle R12 / EPM Cloud hands-on experience would be a big plus
- Operational Asset Finance / Captive / Lease Banking / Cash Management / Funding experience are a big plus
- Hands-on experience in reporting based on USGAAP/IFRS definitions
- Ability to influence the decision making within the business
- Active role in the Financial training of non-financial personnel within the business.
Proficient English language in addition to native language, other EU languages are a plus
-
Additionally, we value these Canon Core Behaviours:
- Drive for results
- Focus on the Customer
- Take ownership and accountability
- Act as a team player
- Shows courage and conviction
- People orientate
Caring for self and others
-
Further information
Job Family: Operations Quality Assurance and Business Improvement
Grade 13
As a Lead, your responsibilities include:
1. Lease Accounting, Business Rules and Processes
- Maintain strong knowledge of US GAAP / IFRS rules for Lease Accounting.
- Monitor and ensure NSO adherence to US GAAP / IFRS and EMEA Customer Finance guidelines.
- Ensure compliance with Pan-European Lease Business Processes and Lease Business Rules.
- Ensure timely, accurate, and complete finance method approvals before customer signature.
- Update local systems with financing master data for default calculations.
- Monitor and advise on PLP approvals, including all non-standard conditions within credit approval processes.
- Support and guide NSO leasing-related project changes and business practices.
- Maintain and develop BAU leasing process requirements, execution, source systems, and BI reporting.
Develop training materials and organize training for end-to-end lease processes and system developments.
-
2. Internal Lease
3. External Lease
- Drive, support, and guide NSO implementation of Canon external finance programs with Preferred Lease Partners (PLP).
- Structure and monitor NSO financial transactions in line with internal regulations:
- Maximize lease-related income streams (interest income, interim rent, fees, insurance, direct debit, prolongation).
- Ensure Finance Method approval, PLP contract confirmation before Clean Order, and Clean Order approval prior to submission.
- Ensure only complete finance lease contracts are forwarded to PLP for activation.
- Ensure timely contract activation by PLP and payment within Perfect Pay terms.
- Ensure timely payment of all Canon invoices by PLP.
- Monitor setup and governance of PLP Combined Billing contracts to ensure correct and timely service revenue collection via Pearlchain.
Receive and store PLP reporting on the Customer Finance SharePoint and update portfolio and P&L results per PLP program.
-
4. Lease Reporting & Governance
5. Compliance
- Develop and optimize month-end procedures to ensure timely reporting delivery.
- Reconcile approximately 40+ balance sheet accounts monthly in compliance with US GAAP / IFRS / JSOX.
Drive NSO Terms & Conditions maintenance to meet all compliance requirements.
-
6. Collaboration
- Support internal and external stakeholders to ensure smooth lease process execution and maximize lease penetration.
- Participate in ad hoc projects and continuously improve ways of working to drive efficiency and effectiveness while maintaining governance and control.
- Provide relevant information to sales teams and other stakeholders within NSOs.
