Cash Operations Analyst

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.

The Cash Operations Analyst at IFS is primarily responsible for forecasting, monitoring and reporting cashflows to ensure the company maintains liquidity while optimizing cash usage. This role focuses on developing and managing accurate cashflow forecasts, performing variance analysis and providing actionable insights into cash positions. In addition to cashflow management, the Cash Operations Analyst will carry out bookkeeping for both payments and receipts, perform bank reconciliations, handling the payments and investigate aged debtors and creditors, and perform required reporting of cash related activities.

The role requires a high level of attention to detail and strong written and verbal communication skills.

Key Responsibilities

• Develop and manage accurate cashflow forecasts to track and predict future cash needs
• Provide variance analysis by comparing actual cash inflows and outflows against forecasted values, identifying discrepancies, and suggesting improvements.
• Regularly report on cashflow status to Treasury, senior management, highlighting any potential cash shortfalls or surpluses.
• Work with key stakeholders to refine cashflow forecasting assumptions, ensuring that forecasts reflect operational changes and market conditions
• Analyze cash inflows and outflows to identify opportunities to improve cash management practices, reduce delays, and optimize working capital
• Investigate and resolve any internal or external cash related disputes
• Co-ordinate with relevant Finance and Operations teams regarding payment runs and ensure timeliness of payment execution in accordance with contractual requirements.
• Ensure that appropriate accounting entries are recorded for cash inflows and outflows in line with IFS policies and processes.
• Ensure all queries are actioned within given timelines
• Complete all activities in accordance with IFS standard operating procedures
• Carry out related month end activity, and support in both internal and external audits
• Engage in process improvement opportunities and initiate relevant cost reduction practices to drive efficiency
• Perform bank reconciliation activities in line with audit requirements
• Assist and actively engage in system testing / upgrades / enhancements
• Ensure process documentation and all transactional activity is backed with supporting which is compliant

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

Shift

This role requires working from 12.30 PM to 9.30 PM (Sri Lankan Time)

Experience

Minimum of 3 years experience working in global environments. 

Key Skills

• Strong background in cashflow forecasting, financial analysis, and variance reporting.
• In-depth understanding of accounts payable, receivables, and treasury activities.
• Proficiency in using ERP, Excel, Power BI
• High attention to detail with a focus on data accuracy and completeness.
• Strong written and verbal communication skills, with the ability to present complex cashflow analysis to senior stakeholders.
• Ability to identify and address discrepancies in cashflow and recommend corrective actions.
• Strong problem-solving skills, particularly in cash management and working capital optimization.

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.