Group IFRS Accounting Manager

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Colombo, LKA
In-Office
Information Technology • Software
The Role
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

The Group IFRS Accounting Manager, as part of our Group Accounting Team, will provide expert technical accounting advice and accounting policy expertise across the IFS Group to ensure the Group is compliant with IFRS Accounting standards. it will also ensure new reporting needs are timely and accurately implemented across all areas of the IFS Group incl. the financial reporting. Will also be working with a wide range of internal and external stakeholders to conclude on the correct treatment for complex transactions that require a high level of accounting judgment. In addition, the role will identify opportunities to leverage AI for automation of IFRS compliance checks and intelligent document review to improve accuracy and speed of technical accounting processes.

  • Provide expert technical accounting advice and ensure the Group is compliant with IFRS
  • Ensure new IFRS requirements are timely and accurately implemented across all impacted areas in the IFS Group incl. the financial reporting
  • Key contact for Finance and the wider business to assess the accounting treatment of proposed transactions under IFRS across the IFS Group
  • Complete ownership and management of Group accounting policies under IFRS, review/update current policies and identify the need for new accounting policies as well
  • Undertake and manage technical accounting analysis on proposed corporate transactions e.g., merger and acquisitions, corporate restructuring, R&D capitalisation, Non-GAAP measure etc
  • Ensure transactions and other accounting judgments are documented in a clear and consistent manner with sufficient evidence to support the accounting treatment
  • Ensure such documentation is reviewed internally by all agreed internal stakeholders as required prior formal communication
  • Liaise with Group’s external auditors to ensure they agree with our judgements/conclusions
  • Ensure complete understanding and complying with the Group Accounting risks/controls
  • Reply to local Finance teams on queries under local reporting where possible
  • Assist in the preparation of the annual financial statements as necessary
  • Enable tax reporting, audit queries and other year end obligations
  • Provide technical accounting training, including materials, to colleagues when needed
  • Identify and implement AI tools for automating IFRS compliance checks, policy updates and overall technical accounting process
  • Collaborate with IT and Finance teams to integrate AI solutions into existing accounting workflows

Qualifications

Overall required competence:

  • Excellent knowledge of IFRS standards
  • 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
  • Excellent communications skills
  • Understanding of AI applications in finance and accounting
  • Ability to evaluate and adopt AI tools for technical accounting process improvement

Required education & experience:

  • Qualified Accountant or local equivalent
  • Specialist knowledge of applying IFRS and GAAP
  • Previous technical accounting expertise from BIG 4 or IT industry
  • Fluency in business-level English language
  • Working knowledge of US GAAP/Swedish GAAP preferred
  • Working knowledge of IFS Cloud preferred
  • Exposure to AI driven financial tools or willingness to upskill in AI technologies

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.

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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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