Senior Accounts Receivable Executive

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.

A Senior Accounts Receivable Executive at IFS is responsible for managing and ensuring the accurate and timely invoicing of products and services across all internal and external business streams. This role requires a deep understanding of billing instructions from the business and ensuring that invoices issued to customers and related parties are accurate and legally compliant.

In addition to handling complex billing processes, the Senior AR Executive is actively involved in and oversees the MCPR process, which facilitates the automatic billing of Project Consultants' time across entities. The role also includes processing intercompany charges, ensuring compliance with relevant regulations, managing intercompany ARAP position through the netting process, and handling recharges.

This position requires strong leadership skills, proactive problem-solving, and a focus on process improvements. The Senior AR Executive is expected to mentor team members, drive the continuous improvement of AR processes, and share knowledge and best practices.

Responsibilities:

• Oversee the preparation and issuance of invoices to customers, ensuring they are accurate and comply with local legal and regulatory requirements.
• Coordinate with local Finance and Operations teams to ensure invoice submission requests are processed in line with contractual agreements.
• Ensure appropriate accounting entries are recorded for all invoices in accordance with IFRS, IFS policies, and established processes.
• Apply local tax requirements for VAT/GST/WHT accurately when raising invoices.
• Manage and resolve customer invoice queries, ensuring invoices are received and accepted for payment processing.
• Investigate and resolve any internal or external inquiries related to invoice submissions, ensuring timely and accurate resolutions.
• Intercompany reconciliation process, including the netting procedure and reporting discrepancies.
• Ensure the smooth execution of MCPR invoicing, cost accounting, and MCPR reconciliations, while continuously driving process improvements to enhance reporting accuracy and efficiency. Promptly investigate and resolve any inquiries related to MCPR transactions.
• Perform all activities with an elevated level of accuracy and attention to detail, ensuring that all processes are completed in accordance with IFS standard operating procedures.
• Oversee the preparation and issuance of invoices to customers, ensuring they are accurate and comply with local legal and regulatory requirements.

Education

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

Knowledge & experience

• Minimum 2–5 years of experience in the finance field.
• Willingness to learn and adapt to changes.
• Positive attitude and strong teamwork skills.
• Commitment to continuously expanding functional and technical domain knowledge.

Specific Knowledge

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

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

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.