IFS

Operational Transfer Pricing Manager

IFS  •  Colombo, LK (Hybrid)  •  4 hours ago
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Job 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.

We are seeking a detail-oriented finance professional to join the Group Tax team as our Operational Transfer Pricing Manager. This is a hands-on role focused on accurately applying the Group's transfer pricing policies to IFS's financial data — including owning the TP calculation templates and ensuring the methodology is applied accurately and consistently. While the Transfer Pricing Director retains end-to-end ownership and reviews outputs at a director level, the OTP Manager is expected to be the person who truly understands the underlying accounting — the person the TP Director relies on to ensure the numbers are right before they are reviewed, and to flag proactively where business or accounting changes may affect the calculations.

A critical part of the role is therefore developing and maintaining deep knowledge of how IFS's finance function operates: specifically, how the Record-to-Report team book transactions across ledgers, and how FP&A structure and use cost centres across the business. These are the primary data inputs for IFS's transfer pricing calculations, and the person in this role will be the bridge between the TP team and the wider finance organisation. The role sits at the intersection of finance operations, ERP systems, and tax, and involves close collaboration with local finance teams, FP&A, the Transfer Pricing team, and IT.

Key responsibilities include:

  • Perform periodic (monthly, quarterly, year-end, post year end true up) transfer pricing calculations and intercompany charges, ensuring that charging mechanisms reflect Group policies, and reconciling data;
  • Maintain a thorough understanding of IFS’s cost centre and legal entity structures, and monitor business changes that could affect the reliability of underlying financial data for TP purposes;
  • Proactively identify dependencies, or changes required to finance processes that could improve transfer pricing processes;
  • Coordinate with the billing team to ensure intercompany invoices accurately reflect the approved calculations;
  • Support month-end and year-end close, including intercompany reconciliations and ensuring integrity of intercompany data within the chart of accounts and cost centre structures;
  • Own the TP calculation templates and methodology application, ensuring calculations correctly reflect Group policies; identify and resolve anomalies and data quality issues, working with Finance and escalating to the Transfer Pricing Director where policy interpretation is required;
  • Contribute to process improvement, automation, and data quality initiatives within the TP operations function.
  • Support the Transfer Pricing Director on policy implementation, system improvements, data for TP documentation and other TP initiatives as the function develops.

Qualifications

Required Competence:

  • Strong analytical and problem-solving skills.
  • Ability to operate under pressure in a fast paced, transformational environment.
  • Willingness to step in and work in detail to achieve objectives.
  • Ability to step back to see the bigger picture.
  • Ability to work autonomously with multiple stakeholders to achieve overall objectives.
  • Continuous improvement mindset, with a forward-looking attitude towards automation and AI.

Required Education & Experience:

Essential:

  • Professional certification (ACA, ACCA, CIMA or equivalent), with at least 3 years’ PQE.
  • Strong understanding of:
    • Financial reporting
    • Financial accounting and close processes;
    • Chart of accounts and cost centre structures;
  • Foundational knowledge of transfer pricing principles and OECD framework
  • Hands-on experience of ERP systems
  • Advanced Excel skills; experience with Power BI or similar tools is an advantage.
  • Willingness to engage with and learn AI and automation tools; prior experience is an advantage but not required.

Desirable:

  • Experience with process automation, data analytics and/or data-driven transformation.
  • Experience of transfer pricing, or intercompany accounting flows and reconciliations.
  • Experience of transfer pricing software tools.

Advantageous:

  • Practical experience of Transfer Pricing in an in-house role.
  • Experience of IFS Cloud/Apps

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

About IFS

IFS is the world’s leading provider of Industrial AI software for hardcore businesses that service, power and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. Industrial AI is IFS.ai

IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.

IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.

Follow us on Twitter: @ifs

Facebook: www.facebook.com/ifsdotcom

Instagram: www.instagram.com/ifs.ai

Visit the IFS Blog on technology, innovation and creativity: https://blog.ifs.com/

Industry
IT & Software
Company Size
5,001-10,000 employees
Headquarters
Linköping, SE
Year Founded
1983
Website
ifs.com
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