Job Description
Job Summary
IFF is a global leader in Flavors, fragrances, food ingredients and health & biosciences, we deliver sustainable innovations that elevate everyday products.
Global Business Services: Delivering streamlined, scalable support—enhancing efficiency, compliance and service excellence across the company.
The role is based in Hyderabad, India (hybrid role). Be part of a creative, solution-oriented team where together we can achieve greatness and make a real impact. Your potential is our inspiration.
Where You’ll Make a Difference:
- Demonstrate strong understanding of Accounting principles, with specific focus on Intercompany Trade and Services at Trading Partner Pair level.
- Reconcile all intercompany transactions monthly and perform cross‑validation to identify and resolve missing or unmatched trading partners.
- Perform detailed Intercompany reconciliations at Pair level for AR/AP, Loans, Interest, Commission, Royalty, and Miscellaneous balances.
- Confirm balances against closing schedules with respective accounting teams and ensure timely accruals for unreconciled transactions.
- Run Pre‑check Mismatch reports on a regular basis to proactively identify variances and ensure completeness before Month‑End Close.
- Extract Consolidation reports from WD5 and investigate high imbalances for consolidation and elimination purposes.
- Prepare Top‑side Journal Vouchers to address significant imbalances identified during MEC chase reconciliations.
- Identify opportunities for process improvement, standardization, and automation to enhance efficiency and control.
- Support Internal and External Audits by providing required documentation and perform accounting clerical duties with increasing application of bookkeeping and accounting techniques.
What Makes You the Right Fit
- Holds a Bachelor’s or master’s degree in commerce or management, or is CA Inter / CMA Inter qualified from a recognized institution.
- Brings 2–6 years of relevant experience in Record‑to‑Report (R2R) Intercompany Accounting.
- Possesses working knowledge of enterprise resource planning and reporting tools such as SAP S/4HANA, EPM, Analysis for Office (AO), ICMR, or similar systems.
- Demonstrates strong proficiency in MS Excel for reconciliation, analysis, and reporting activities.
- Communicates effectively with stakeholders through clear written and verbal communication.
How Would You Stand Out?
- Strong expertise in Intercompany Accounting with hands‑on experience in pair‑level reconciliations and consolidation adjustments.
- Proactive in driving process improvements and automation while delivering accurate, audit‑ready outcomes.
Why Choose Us?
- Two-way transportation.
- Learning and development programs.
We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.
Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more