Record to Report Assistant Accountant

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Colombo, LKA
Hybrid
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 R2R Assistant Accountant supports the Record to Report Accountant in the delivery of accurate, timely, and compliant financial reporting for one or more legal entities. The role focuses on assisting with general ledger activities, reconciliation support, financial analysis, and coordination with the R2R Centre of Excellence (CoE). The Assistant Accountant contributes to ensuring high-quality outputs throughout the month-end close process and plays a key role in embedding global processes at a local level.

Key Responsibilities

1. Support for Month-End Close

Assist with preparation of monthly journal entries, accruals, and prepayments.

Support the Market Unit Controller in managing close activities in accordance with the global timetable.

Help ensure completeness and accuracy of financial records for the assigned market unit.

2. Reconciliation Coordination (Support Role Only)

Provide source documents, local explanations, or business context required by the CoE to complete reconciliations.

Follow up on reconciling items raised by the CoE or Market Unit Controller with relevant stakeholders (e.g., tax, HR, operations).

Ensure reconciliation outputs from the CoE are complete and logged for review.

3. Financial Reporting Assistance

Assist with the preparation of local reporting packs, commentary templates, or cost centre reviews.

Consolidate inputs or explanations for income statement variances or one-off adjustments.

Provide administrative support for statutory or internal audit processes as required.

4. Local Liaison & Coordination

Act as the day-to-day point of contact between the Market Unit Controller and local stakeholders such as HR, Legal, and Commercial.

Coordinate responses to queries from the R2R CoE, Group Accounting, or auditors.

Maintain organised documentation and audit-ready records for assigned tasks.

5. Process Improvement & Documentation

Support process mapping or documentation of local R2R activities.

Propose improvements to standard work routines or task tracking where inefficiencies exist.

Participate in standardisation efforts aligned with the global R2R framework.

Qualifications

  • Fully qualified ACA, ACCA, or ACMA/CGMA or equivalent
  • Strong knowledge of IFRS
  • Advanced proficiency in Excel and experience with ERP systems (SAP, Oracle, IFS Cloud preferred).
  • Excellent written and spoken English; prior experience in global finance operations or North America shift is a plus.

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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