Harsh Jain

Macquarie Global Services Private Limited

Gurugram

04.2023 - Current

Conducted a detailed review of lease agreements to assess lease applicability and accounting treatment under IFRS 16.
Prepared lease schedules and journal entries, including the recognition of leases, lease payments, interest, and depreciation.
Reviewed complex lease modifications and prepared their accounting treatment and journals as per IFRS 16.
Owned AASB 16 lease disclosures (ROU note) for global periodic financial statements.
Collaborated with regional CRE and legal teams on property leases and master data maintenance.
Performed analysis and computation of Expected Credit Loss (ECL) on financial assets in compliance with IFRS 9.
Conducted semi-annually impairment assessment of ROU assets in accordance with IFRS 16 and IAS 36, ensuring the recognition of any potential loss in asset value.
Assessed and recognized the Make Good obligation on property leases, ensuring accurate provisioning, measurement, and presentation in financial statements.
Conducted an assessment of contingent liability (CLR) against lease guarantees.
Assisted the LEC team in preparing statutory financial statements for a group entity in accordance with applicable local GAAP.
Daily monitoring of foreign exchange (FX) exposure of the corporate business units.
Other central management reporting at half-year end and year-end.