Senior Accounts Receivable Executive

  • Full-time
  • IFS Referral Bonus Code: SH
  • Job location: On site

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

An AR Senior Executive at IFS is responsible for the timely and accurate invoicing of IFS’s products and services to its customers across all business streams.

The primary role is focused on understanding the nature of billing instructions from the business and ensuring that customers receive invoices that are accurate and legally compliant, therefore removing any barriers for payment.

In addition, the AR Senior Executive is also responsible for supporting our complex MCPR processes under which the time of Project Consultants are billed automatically across entities. Furthermore, this role also includes processing intercompany charges across the group within relevant regulations, intercompany receipt allocation (Netting process), recharges etc.

The role requires a high level of attention to detail, strong written and verbal communication skills, advanced MS Excel skills, reporting skills and coordination skills. Further, an understanding of the various local taxation requirements will also be important but will be developed. In addition, an AR Senior Executive at IFS continuously expands their business process domain knowledge and shares this knowledge to guide others.

This job role will entail the following responsibilities:

  • Ensure that invoices are prepared and issued to customers accurately and in accordance with local legal and regulatory requirements.
  • Co-ordinate with local Finance and Operations teams regarding to ensure that invoice submission requests are completed in accordance with contractual requirements.
  • Ensure that appropriate accounting entries are recorded for all invoices raised in accordance with IFRS and IFS policies and processes.
  • Understand and apply local tax requirements for VAT/GST/WHT when raising invoices.
  • Respond to customer invoice queries to ensure that submitted invoices have been received and accepted for payment processing.
  • Investigate and resolve any internal or external enquires related to invoice submissions.
  • Provide customer statements of account as required.
  • Intercompany reconciliation – this includes the netting procedure and reporting discrepancies.
  • Ensure smooth process in MCPR invoicing, cost accounting, and MCPR reconciliations, while also focusing on continuous process improvement to enhance reporting excellence and promptly investigate and resolve any inquiries related to MCPR transactions.
  • Performs all activities with an elevated level of accuracy and attention to detail.
  • Completes all activities in accordance with IFS standard operating procedures.

Qualifications

Education

  • University degree, or equivalent professional qualifications, in the accounting and finance field.

Knowledge and Experience 

  • Continuously expanding your functional and technical domain knowledge is a very important part of being at IFS.
  • Candidate should have minimum 4-5 years of experience in the finance field.

Specific Knowledge

  • Proficiency in MS Office applications (MS Excel is mandatory) with background in MS Outlook
  • Proficient in using ERP applications.
  • Knowledgeable in Internal controls

Skills

  • English Communication skills (oral & written)
  • Analytical Skills
  • Attention to details skills
  • Interpersonal skills
  • Ability to follow detailed workflow and instructions
  • Time/Work management skills

Additional Information

As a step in our recruitment process, all final candidates will undergo a background check, to get us an understanding of our future employees.

We respectfully decline all offers of recruitment and/or advertising assistance.

IFS Fact
IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with a commitment to delivering value to every one of our customers, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 6,000+ employees and growing ecosystem of partners support more than 10,000 customers around the world challenge the status quo and realize their competitive advantage. Learn more about how our enterprise software solutions can help your business today at ifs.com.

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