Junior Group Accountant

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

Company Description

IFS is a billion-dollar revenue company with 6000+ 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 Junior Group Accountant will play a vital role within our Corporate Accounting, supporting the reporting function by providing guidance on IFRS standards in relation to acquisitions and group re- organizations. This includes collecting and analyzing the necessary information for the valuation of acquired assets and assumed liabilities, as well as liaising with internal and external valuators to enable the Purchase Price Allocation process. The Junior Group Accountant will also contribute to the annual impairment testing of goodwill and other acquired intangible assets, ensuring compliance with financial reporting standards. The Junior Group Accountant will enable the preparation of the Group’s annual financial statements, working collaboratively with internal teams and external stakeholders.

Duties and Accountabilities

· Handling accounting queries during the due diligence process.

· Managing post-acquisition activities, including the preparation and review of opening balance sheets for acquired entities, while addressing issues related to changes in accounting policies and estimates.

· Assisting in the valuation process for purchase price allocation.

· Preparing and reviewing accounting entries for transaction, purchase price allocation, documenting in clear and consistent manner for stakeholder's review.

· Collaborating with other teams on structuring and accounting for re-organizations, such as mergers, asset transfers, and spin-offs.

· Assisting in providing guidance on the impact of reorganizations on consolidation methods and group reporting, ensuring accurate reflection of updated group structures.

· Evaluating and determining appropriate accounting treatments for re-organizations, ensuring compliance with relevant IFRS standards.

· Supporting preparations of annual goodwill impairment tests.

· Assisting in the preparation of the Group's annual financial statements, with a focus on business combination disclosures and other areas as needed.

 

Qualifications

Competencies

· Deep knowledge of IFRS with particular focus on IFRS 3

· 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

 

Education and Expertise

· Qualified Accountant or qualification in progress

· Prior work with BIG 4

· Excellent excel skills

· Fluency in business-level English language

· Working knowledge of IFS Cloud preferred

· Prior work in acquisitive environment preferred

Additional Information

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

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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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