Process Specialist - Inventory and Cost Accounting

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

- Ensure timely and qualitative performance of deliverables of below:

Month-end activities - plant closing, posting of manual journal entries, allocation cycles, inventory reconciliations between FI and MM, preparation of inventory report and other adhoc activities.

- During the month activities - Inventory listings, Inventory GL reconciliations in Blackline tool, communicating with stakeholders for supporting documentation, Statistical Key Figures update for allocation cycles.

- Quarterly and Year-end activities

- Provide required support to business teams / accounting teams / legal entity and regional controllers as and when required.

- Provide required support to close internal and external audits on time.

- Provide support in timely preparation of Metrics, Dashboards, KPI s for reporting to Management.

- Drive Process improvements and keeping SOP documentation up to date.

- Ensure adherence to all applicable Internal Controls (SOX non-SOX).

- Provide best-of-the-best service to the organization and ensure customer delight.

- Work as a team and provide support to the team members

What Makes You the Right Fit

- Semi-Qualified CMA, Qualified CMA, or MBA (Finance) with 1 to 2 years of experience in Inventory Cost Accounting, Record to Report (R2R) or General Ledger Accounting.

- Experience in the following areas would be preferred:

o Manufacturing Accounting o Inventory Accounting

o Product Costing

- Sound working knowledge of Microsoft Tools - MS Excel, Word, and PowerPoint is a must.

- Exposure to SAP ERP (FI-CO) as an end-user is a must .

- Exposure to SAP ERP (CO-PCA) as an end-user preferred.

- Exposure to Blackline tool preferred.

- Flexible to work in regional shifts during month-end closing.

- Flexible and adaptable to changing business needs and requirements.

- Must be able to work well under pressure and have a strong understanding of business process and systems.

- Well organized and time management skills.

- Ability to coordinate with multiple teams spread over different countries, centres and time zones.

- Must possess strong and effective written and verbal communication presentation skills.

- Ability to succeed in a team environment.

How Would You Stand Out

Why Choose Us

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.