Accountant, Record to Report

Posted An Hour Ago
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Colombo, LKA
In-Office
Mid level
Information Technology • Software
The Role
The Accountant will handle financial transactions, ensure accurate financial reporting, maintain controls, and support audit and compliance for overseas entities.
Summary Generated by Built In
Company Description

IFS is a billion-dollar revenue company with 7000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

Job Description

This role is responsible for processing financial transactions and managing the financial reporting of assigned overseas entities centrally managed from Sri Lanka. The Accountant, Record to Report will ensure accurate, compliant, and timely financial reporting, maintain robust financial controls, and support cross-border statutory, tax, and audit requirements while working closely with global stakeholders.

The role requires strong technical accounting expertise, ownership of financial close processes, and the ability to operate in a multi-GAAP, multi-currency, and multi-regulatory environment.

Essential Duties and Accountabilities

Financial Close & Reporting

  • Perform monthly, quarterly, and year-end close for assigned overseas entities
  • Ensure timely and accurate submission in line with group reporting timelines
  • Prepare financial statements (IFRS/local GAAP) including disclosures where required

Balance Sheet Integrity & Controls

  • Prepare and review balance sheet reconciliations with full supporting documentation
  • Ensure audit-ready documentation and compliance with internal control frameworks

Tax & Statutory Compliance (Multi-Jurisdictional)

  • Support preparation and submission of VAT/GST returns for assigned entities
  • Coordinate with local tax advisors for compliance, filings, and queries
  • Assist in corporate income tax computations and filings
  • Ensure compliance with local statutory reporting requirements

Audit & External Stakeholder Management

  • Act as key contact for statutory audits
  • Provide audit schedules, reconciliations, and supporting documentation
  • Liaise with external auditors, tax advisors, and company secretaries

Process Improvement & Governance

  • Identify and implement process improvements and automation opportunities within R2R
  • Ensure adherence to group accounting policies and governance frameworks

Qualifications

  • Fully qualified ACCA / ACA / CIMA (CGMA) or equivalent
  • Minimum 2–5 years post-qualification experience in international accounting
  • Experience handling overseas entities / shared service or global finance environment
  • Exposure to VAT/GST across multiple jurisdictions preferred
  • Strong understanding of IFRS and local GAAP frameworks
  • Experience in multi-entity and cross-border accounting environments
  • High attention to detail with a focus on audit-readiness and control
  • Strong analytical and reconciliation skills
  • Advanced Excel and financial systems proficiency
  • Strong communication skills in business English

Additional Information

We embrace flexibility and hybrid work opportunities to support diverse needs and lifestyles, while also valuing inclusive workplace experiences. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging. Our commitment ensures you can work in a way that suits you best, while also engaging with colleagues to share ideas and build meaningful relationships.

    Skills Required

    • Fully qualified ACCA / ACA / CIMA (CGMA) or equivalent
    • Minimum 2-5 years post-qualification experience in international accounting
    • Experience handling overseas entities / shared service or global finance environment
    • Exposure to VAT/GST across multiple jurisdictions preferred
    • Strong understanding of IFRS and local GAAP frameworks
    • Experience in multi-entity and cross-border accounting environments
    • High attention to detail with a focus on audit-readiness and control
    • Strong analytical and reconciliation skills
    • Advanced Excel and financial systems proficiency
    • Strong communication skills in business English

    IFS Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IFS and has not been reviewed or approved by IFS.

    • Retirement Support Retirement support is presented as part of the package in North America through a 401(k) plan and references to pension/defined contribution arrangements in some contexts.
    • Healthcare Strength Healthcare coverage is described as available in some regions, including health, dental, life, and disability insurance offerings.
    • Strong & Reliable Incentives Variable pay elements such as monthly bonuses and profit sharing are described as meaningful in certain roles, with bonuses tied to performance outcomes like reduced downtime.

    IFS Insights

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    The Company
    HQ: Linköping
    6,788 Employees
    Year Founded: 1983

    What We Do

    IFS develops and delivers enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 5,000 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com. Follow us on Twitter: @ifs Facebook: www.facebook.com/ifsdotcom Instagram: www.instagram.com/ifsdotcom Visit the IFS Blog on technology, innovation and creativity: https://blog.ifs.com/

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