Record to Report Accountant at IFS NORTH AMERICA INC

Colombo, Western Province, Sri Lanka -

Full Time

Start Date

Immediate

Expiry Date

08 Jun, 26

Salary

0.0

Posted On

10 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Balance Sheet Management, Income Statement Analysis, Journal Processing, Reconciliations, External Reporting, Tax Compliance, IFRS, Local GAAP, Statutory Requirements, Month-End Close, Excel, SAP, Oracle, IFS Cloud

Industry

Software Development

Description

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 Job Description The Record to Report Accountnat is responsible for the accurate and timely delivery of financial reporting for one or more legal entities. The role includes ownership of the balance sheet, income statement analysis, journal processing, reconciliations, and ownership for both external reporting and tax compliance. The controller acts as a key finance contact for local teams, Shared Services, and external auditors, ensuring compliance with corporate policies, IFRS/local GAAP, and statutory requirements. Candidates must be willing to work North American hours (specifically MST) during month end close. Outside of month end close hours can be more flexible Key Responsibilities 1. Balance Sheet Management Review and maintain accurate balance sheet reconciliations. Proactively investigate and resolve reconciling items or aged balances. Ensure completeness and accuracy of key accounts, including contract assets, commission accruals, and bonus provisions. Contract asset reversals for early renewals - support OTC & Commercial Finance 2. Income Statement Oversight Prepare and review P&L movements monthly and provide variance explanations. Liaise with FP&A and Commercial Finance to ensure alignment on actuals and forecasts. BTL analysis. Personnel expense reviews – trend analysis, restructuring 3. Month-End Close Activities Execute timely journal entries and accruals. Maintain cut-off accuracy and adherence to monthly close timetables. Ensure financial statements are complete and materially accurate. Resolution of intercompany differences. Cashflow Forecasting 4. External Reporting Produce/oversee the preparation of statutory financial statements, including liaising with third-party providers or local experts where applicable. Assist with audit preparation and coordination, including documentation and walkthroughs. Ensure alignment between group and statutory reporting through appropriate reconciliations and adjustments. Maintain bridge between IFRS and local GAAP 5. Tax Responsibilities Support local tax compliance processes, including VAT, corporate income tax, and withholding tax. Liaise with tax advisors and internal tax teams to ensure timely and accurate filings. Prepare or review reconciliations between tax returns and accounting records. Contribute to tax audit responses or queries. 6. Compliance & Controls Ensure compliance with internal financial controls and group accounting policies. Assist with documentation and testing of controls as required for SOX or internal audit. Escalate any control gaps or compliance risks proactively. 7. Collaboration & Business Partnership Work closely with Shared Services to ensure seamless processing of transactions. Liaise with local teams (e.g. HR, Legal, Commercial Finance) to confirm completeness and accuracy of locally driven adjustments. Be a point of contact for external auditors and internal stakeholders. Qualifications Fully qualified ACA, ACCA, or ACMA/CGMA or equivalent 2+ years post qualified experience in general ledger accounting or financial reporting. 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 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. IFS Referral Bonus Code: SH Job Location: On site

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Responsibilities

The Record to Report Accountant is responsible for the accurate and timely delivery of financial reporting for one or more legal entities, including ownership of the balance sheet, income statement analysis, journal processing, and reconciliations. This role also involves ownership for external reporting, tax compliance, and acting as a key finance contact for local teams, Shared Services, and external auditors.