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IQ BackOffice

Q: When was IQ BackOffice founded?

IQ BackOffice was founded in 2002. The company has been operating for 23 years primarily in the Financial Services sector.

Q: Where is the IQ BackOffice headquarters located?

IQ BackOffice is headquartered in El Segundo, California.

Q: How many employees does IQ BackOffice have in India?

IQ BackOffice currently has more than 500+ employees in India. Finance & Accounting department appears to have the highest employee count in IQ BackOffice based on the number of reviews submitted on AmbitionBox.

Q: Does IQ BackOffice have good work-life balance?

IQ BackOffice has a Work-Life Balance Rating of 3.6 out of 5 based on 200+ employee reviews on AmbitionBox. 62% employees rated IQ BackOffice 4 or above, while 38% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read IQ BackOffice work-life balance reviews for more details

Q: Is IQ BackOffice good for career growth?

Career growth at IQ BackOffice is rated as poor, with a promotions and appraisal rating of 2.8. 38% employees rated IQ BackOffice 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading IQ BackOffice promotions/appraisals reviews for more detailed insights.

Q: What are the cons of working in IQ BackOffice?

Working at IQ BackOffice does have some drawbacks that potential employees should consider. The company is poorly rated for salary & benefits, promotions / appraisal and company culture, based on 200+ employee reviews on AmbitionBox.

3.5

based on 259 Reviews

Company Overview

Company Locations

About IQ BackOffice

"Automate, reengineer and streamline the complex financial processes."

2002

Founded

USA

Headquarter

48% women

Gender Diverse Workforce

IQ BackOffice is a leader in finance outsourcing, accounting outsourcing and human resources outsourcing, offering 99.97% accuracy and up to 68% savings to companies around the globe. We deliver customized solutions for transactional activities with our accounts payable outsourcing, accounts receivable outsourcing and payroll outsourcing services, plus general accounting outsourcing and financial statement preparation to create a complete finance and accounting solution.

IQ BackOffice Reviews

Rating 3.5

Overall rating based on 259 reviews on

AmbitionBox

Featured

Process Associate in Chennai

Finance & Accounting

5.0

• posted on 05 Oct 2024

Likes:

Iq backoffice is my first company .i love my company because of wonderful teammates and team lead. Am miss those days🥺 ,Am working 2 years in this organization.

Dislikes:

Salary & hikes very low

Featured

Lead - HR in Ambattur

Human Resources

5.0

• posted on 28 Aug 2024

Likes:

IQBO fosters a culture of collaboration, Openness and transparency, making it a great place to work with talented individuals. Also IQBO values diversity, Equity creating a welcoming and supportive environment for everyone.

Dislikes:

nil

Featured

Process Associate in Chennai

Customer Success, Service & Operations

5.0

• posted on 12 Aug 2024

IQ BackOffice Job Openings

IQ BackOffice - Team Lead - Accounting & Finance (3-5 yrs)

3 - 5 Yrs

Not Disclosed

IQ BackOffice - Team Lead - Accounting & Finance (5-8 yrs)

5 - 8 Yrs

Not Disclosed

View all jobs

IQ BackOffice Office Locations

IQ BackOffice Salaries

2.7

rated by 259 employees for salaries

Process Associate

(401 salaries)

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₹1.3 L/yr - ₹4 L/yr

Senior Process Associate

(180 salaries)

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₹2 L/yr - ₹4.6 L/yr

SME

(142 salaries)

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₹2.7 L/yr - ₹6 L/yr

Junior Process Associate

(111 salaries)

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₹1 L/yr - ₹3 L/yr

Accounts Payable Associate

(46 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

Junior Analyst

(35 salaries)

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₹1.3 L/yr - ₹3.4 L/yr

Team Lead

(34 salaries)

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₹6 L/yr - ₹9 L/yr

Team Lead Operations

(30 salaries)

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₹5 L/yr - ₹8.8 L/yr

Accounts Payable Executive

(18 salaries)

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₹1.5 L/yr - ₹3 L/yr

Quality Analyst

(18 salaries)

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₹2 L/yr - ₹3.1 L/yr

View all salaries

IQ BackOffice Interview Questions

Interview Questions By Designation

Based on 13 interviews

Junior Process Associate

(4)

Process Associate

(2)

Senior Process Associate

(2)

Transaction Processing Associate

View all interview questions

IQ BackOffice Leadership

David Schnitt

President & Chief Executive Officer

Peter Jimenez

Chief Financial and Operating Officer

Ken Johnson

Vice President, Business Development

Rei Ito

Vice President - Client Services

Sharif Elsherbiny

Vice President, Implementation

Blog

Beyond Automation: How AI is Adding Strategic Value to Accounting Outsourcing

By embracing AI as a strategic tool and fostering a collaborative environment, accounting outsourcing firms can empower businesses to achieve long-term financial success and navigate the complexities of modern finance with greater confidence.

Guard Your Cash Flow: Prevent Costly AP Errors Now

Proactive accounts payable management is the way to achieve financial efficiency. By diligently addressing errors upfront, you prevent a domino effect of wasted time, resources, and potential cash flow disruptions.

Key Metrics for Success: What Accounting Outsourcing Companies Should Track Monthly

By diligently tracking key metrics, coupled with a culture of continuous improvement fueled by open communication, employee development, and an embrace of innovation, accounting outsourcing companies can gain a competitive edge.

Message from the leader

IQ's Financial Business Process Outsourcing solutions leverage your existing infrastructure with state-of-the-art automation to increase efficiency and quality with real-time information and up to 70% cost reduction.

- David Schnitt

President and CEO

Financial Process Automation

It All Starts With a Leading-Edge Platform IQ’s proprietary Archimedes platform automates your financial processes, and we help you reengineer those processes to fully take advantage of our technology. The result is a fully optimized process with better performance in all key areas – timeliness, quality, cost and service levels. In contrast, most automation solutions in the marketplace rarely reduce effort and therefore have a negative ROI.

IQ BackOffice Perks & Benefits

🏥

Mediclaim Insurance

🎁

Pick and Drop Facility

🧑‍💻

Hybrid Work

⚖️

Work-Life Balance

🏥

Wellness Programs

🎖️

R&R

View all 7 benefits

Core Values

Excellence: To be the best at executing operationally and in other aspects of our business. To be the best that we are to clients, shareholders and each other. Integrity: To be honest, especially to ourselves. To be ethical and moral. Innovation: To develop state-of-the-art processes and technology. To be willing to try new things, take measured risks and learn from failure. Enterprise: To compete aggressively in the market. To take the initiative in meeting client needs and exceeding client expectations. People: To build teams that respect, learn from, strengthen and have fun with each other.