Role Specific LOV not working for Action Reasons

Summary:

We have 2 Action Reasons created for Location Creation action. We need to display one of these Action Reasons to a specific Role 1 and another Action Reason to a separate Role 2 while creating Location. We have associated the Roles to the Action Reasons. However, role specific Action Reason display is not happening.

How can we achieve that?

NOTE: We have tried from the incognito window with different users.

Content (please ensure you mask any confidential information):

There are 2 roles: 'HR' & 'Finance'.

There are 2 Actions Reasons: 'Location Creation by HR' (associated to the 'HR' role at the action 'Create' of 'Create Location') & 'Finance Location' (associated to the 'Finance' role at the action 'Create' of 'Create Location').