Senior Accounts Payable Manager (Portfolio Companies)
IFS
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
Job roles and responsibilities
We are looking for a skilled Senior Accounts Payable Manager to join our Accounting team. Based in Sri Lanka you will lead the AP team that supports 20+ subsidiaries globally, ensuring timely and accurate processing of payables transactions through a full-cycle AP function. You must be able to work in a fast-paced, dynamic environment while interacting with various stakeholders globally. Flexibility, ability to prioritize both individual and team objectives, and good problem-solving skills are a must. We’re looking for someone with a continual improvement mindset that enjoys working with a diverse team.
What You’ll Do:
- Ensure timely processing of incoming AP invoices. This includes the 3-way matching of PO, Invoice, and Receipt documents; entering invoices; verifying that expenses are properly coded; processing vendor payments; resolving vendor account discrepancies and providing timely responses to all vendor inquiries.
- Monitor aged invoice.s and take corrective action to ensure payments are paid within terms
- Work closely with the procurement team to ensure proper set up of new vendors including payment information, and compliance with company policies and procedures.
- Work closely with Treasury when reviewing weekly payment run selections to efficiently manage cash flow.
- Assist with month-end close by preparing AP accruals and supporting FP&A team to identify non-invoiced accruals.
- Together with your team oversee Travel and Expenses: process employee expense reports ensuring compliance with the company T&E policy, including audit of employee expense reports.
- Prepare or review reconciliations between Expensify and NetSuite systems, reconciliations of AP subledger to General Ledger, and other assigned balance sheet accounts.
- Respond to any internal and external vendor payment inquiries
- Prepare assigned audit requests in an accurate and timely manner and provide supporting payment documents for audit.
- Ensure that proper sales, use, VAT, GST and withholding taxes are captured and processed.
- Prepare, issue and file annual 1099s (USA) and other regulatory filings as required in other countries.
- Assist with ad-hoc projects as assigned.
Qualifications
What You Need to Succeed
- 5+ years of experience in Accounts Payable.
- 2+ years of experience managing staff and an AP function.
- Hands-on experience with ERP systems, preferably NetSuite and Coupa.
- Familiar with Bank information requirements to execute payments.
- Ability to use Microsoft productivity software such as Excel and Word.
- Excellent attention to detail.
- Strong organization skills and the ability to maintain detailed records.
- Ability to consistently meet all deadlines.
- Ability to work collaboratively across different departments, different time zones.
- Familiarity with global VAT concepts and USA Sales/Use taxes.
- Experience working in a multi-entity environment and multiple currencies.
- Experience working with international vendors.
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. #Li-Hybrid