Balance Sheet Reconciliation Accountant

Posted 3 Days Ago
Be an Early Applicant
Colombo, LKA
In-Office
Entry level
Information Technology • Software
The Role
Perform daily and monthly balance sheet reconciliations across global entities, investigate and resolve discrepancies, reconcile general ledger and sub-ledger accounts, maintain standardized templates, prepare month-end reports, and support financial close activities in accordance with IFRS, GAAP, and company policies.
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

Reporting to the BS Reconciliation Manager and based in Sri Lanka, the Balance Sheet Reconciliation Accountant role will provide Support for the Group Balance Sheet Reconciliation function supporting all entities on Thor!

The Balance Sheet Reconciliation Accountant will facilitate centralized Group Balance sheet reconciliation processing and account reconciliation wherever possible. The goal is to create uniform global processes that can be more efficiently managed within the CoE across a broad range of monthly GL activity.

Essential Duties and Accountabilities

  • Reconcile and analyze balance sheet accounts to ensure transactions are recorded accurately and account balances are accurately stated by GAAP and Company policy.
  • Perform reconciliations daily and facilitate accurate monthly closing.
  • Actively investigate and resolve reconciling items within reconciliations.
  • Maintain standard month end Balance Sheet reconciliation templates.
  • Working with the rest of Finance to support delivery of the month end. 
  • Month end reports for Balance Sheet.
  •  Reconcile general ledger and sub-ledger accounts to source data and systems to ensure all transactions have been accurately recorded.
  • Identify areas for improvement in reconciliation processes and implement solutions to enhance efficiency and accuracy.
  • Process Group Balance sheet Reconciliation globally according to accounting standards (IFRS/GAAP) and IFS Accounting Policies.
  • Interface with the global accounting team, group consolidation team, Treasury, Finance Shared service teams, and cost controllers etc.

Qualifications

Overall Required Competence

  • High standard of technical accounting
  • High degree of organization and self-discipline
  • Attention to detail and ability to work to tight deadlines.
  • Ability to learn new things quickly and hit the ground running.
  • Willingness to work outside of comfort zone.
  • Positive attitude and a team player
  • Good standard of report building and maintenance in with-in Excel data cubes
  • Excellent communications skills

Required Education & Experience

  • Fully qualified ACA, ACCA or CGMA or equivalent
  • Bachelor's degree in Accounting/Finance is a added advantage.
  • Strong knowledge of IFRS and GAAP
  • Fluency in business-level English language

Additional Information

We believe that coming together as a community, in person, is important to innovation, connection and fostering a sense of belonging. Our roles have the right balance of remote and in-office working (our own amazing spaces or those of our partners and customers) to enable flexibility for managing your life along with ensuring a real connection with your colleagues and the broader IFS community.

Skills Required

  • Fully qualified ACA, ACCA, CGMA, or equivalent
  • Strong knowledge of IFRS and GAAP
  • Fluency in business-level English
  • High standard of technical accounting
  • Strong organization, self-discipline, attention to detail, and ability to meet tight deadlines
  • Ability to learn quickly and work outside of their comfort zone
  • Positive attitude and ability to work as part of a team
  • Good report-building and maintenance skills using Excel data cubes
  • Excellent communication skills
  • Bachelor's degree in Accounting or Finance

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

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

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/

Similar Jobs

Hilton Logo Hilton

Sales Manager

Software • Hospitality
In-Office
Colombo, LKA
121228 Employees

Hilton Logo Hilton

Human Resources Manager

Software • Hospitality
In-Office
Colombo, LKA
121228 Employees

Hilton Logo Hilton

Director Of Finance

Software • Hospitality
In-Office
Colombo, LKA
121228 Employees

Hilton Logo Hilton

Graphic Designer

Software • Hospitality
In-Office or Remote
2 Locations
121228 Employees

Similar Companies Hiring

Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Revel Thumbnail
Aerospace • Hardware • Robotics • Software
Marina Del Rey, California
60 Employees
Blee Thumbnail
Artificial Intelligence • Marketing Tech • Software
New York, New York
30 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account