Name the node as to ACES
Serach ACES Transform in Library, apply on the image
input: source gfootage, Output: CSC-ACESctt
As ACES normally work well on high end camera, if for mirrorless or normal cam, better use input device transform luts (specifically calibrated for those cameras) to ACESctt
Create a new node name as to Rec709
Apply another ACES transform as follow:
Now add extra nodes to control contrast, Film emulation, etc
By using ACES lite workflow, any footage shot incorrectly with white balance or exposure can be fixed by just adding a node (e.g. Exposure, White balance) between the AC sandwish, and then adjust in that new added node