Accountant - Lease Accounting
International Flavors & Fragrances · Hyderabad · onsite · Posted 1d ago
Undisclosed3–8 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
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
- Coordinate with global reporting units to collect and manage lease-related documentation, including new leases, renewals, extensions, amendments, and terminations.
- Review and interpret lease agreements and supporting documents to extract relevant data and accurately maintain records in the Lease Accelerator (SAP-based lease accounting system).
- Ensure lease data and documentation are complete, accurate, and up to date, identifying and resolving missing or inconsistent information.
- Prepare and communicate monthly lease accounting journal entries to site locations for local posting and financial reporting purposes.
- Perform monthly lease accounting reconciliations, including payment clearing accounts, and investigate and resolve discrepancies.
- Collaborate with global stakeholders to address reconciliation variances and ensure compliance with lease accounting requirements.
- Prepare quarterly lease accounting reports and disclosures to support financial and regulatory reporting requirements.
- Drive continuous improvement initiatives by identifying opportunities for process enhancements, system optimization, cost savings, and strengthened internal controls.
- Support internal and external audits, maintain effective controls, and contribute to the efficient operation of the centralized lease accounting function.
What Makes You the Right Fit
- Qualified Accountant with CMA, CIMA, ACCA, MBA, or M.Com, supported by a Bachelors degree in Commerce, Accounting, Finance, or a related discipline.
- Minimum 3+ years of experience in Lease Accounting and Record-to-Report (RTR) processes within a shared services, corporate, or multinational environment.
- Strong understanding of accounting principles, financial reporting, and lease accounting standards.
- Proven analytical and problem-solving skills with the ability to interpret financial data and identify variances.
- Effective written and verbal communication skills with the ability to collaborate across global teams and stakeholders.
- Ability to manage multiple priorities, navigate complex issues, and drive timely investigation and resolution of accounting matters.
- Experience working with lease accounting systems and tools, including strong knowledge of CoStar and related lease management platforms.
- Proficiency in ERP and financial systems, with a continuous improvement mindset and a focus on accuracy, compliance, and operational excellence.
How Would You Stand Out
- Expertise in Lease Accounting and RTR processes.
- Strong analytical skills with proficiency in CoStar, Lease Accelerator, or SAP.
- Effective stakeholder management and a continuous improvement mindset.
Why Choose Us
- Work in a global organization that values innovation and sustainability.
- Hybrid work model offering flexibility and balance.
- Opportunities for professional growth and development.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
SAPNutritionContinuous improvementBusiness servicesOperational ExcellenceERPStakeholder ManagementFinancial ReportingreconciliationJournal Entries
About International Flavors & Fragrances
International Flavors & Fragrances
Chemicals
1.0k+
employees
1833
193 years old
New York
United States
About
International Flavors & Fragrances is a global leader in value-added ingredients, They have a diverse portfolio of products.
Industries
ChemicalsChemicals / Agri InputsManufacturingMedia & Entertainment / Publishing
Employee ratings
274 reviews
3.7/ 5
Culture
3.6
Career growth
3.0
Work-life
3.7
Employees rate it well for
Work Life Balance23Work Culture21Senior Management20Salary19Work Environment18
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