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Assistant Manager

Date: Aug 11, 2022

Location: Hyderabad, IN, 500081

Company: IFF Family of Companies

Req ID: 376561

Job Description

Are you passionate about service excellence? Would you love to work for a global organisation that is doing more good for people and planet?


IFF is a global leader in food, beverage, health, biosciences and sensorial experiences. We are now seeking a highly motivated and results driven individual to join our Finance - Controlling function as Assistant Manager.


Your Focus
As Assistant Manager at our Finance Shared Service Center in Hyderabad, India, you will ensure high quality in accounting & compliances to internal and external financial reporting requirements and to provide expert financial and compliance related advisory.


The role reports to Accounting Manager.


How you will contribute

  • Provide direction and support to the team, delegate tasks, outline the team’s main objective and the tasks each employee is responsible for.
  • Ensure the integrity of the financial statements for India. This is achieved by defining accounting procedures in compliance with local accounting policies, running SAP reports required to review Income Statement, Balance Sheets and Trial Balances, performing account reconciliations, analyzing trends and completing fluctuation analysis, comparing USGAAP and local books and analyzing differences, follow-up on unusual items, reviewing and approving significant or unusual accounting entries, ensure corrections required are correctly recorded, etc.
  • Perform account reconciliations of the accounts and review reconciliations prepared by other Finance departments.
  • Act as focal point for external financial and statutory filings necessary to meet internal auditing and governmental requirements, in compliance with USGAAP and local accounting principles and with various laws and official requirements. Incomplete or missing data can cause serious consequences.
  • Ensure timely and successful completion of the external audit of the Financial Statements by acting as focal point for communications with the external auditors, ensuring information required by the auditors is provided on time, participating in review meetings, answering audit comments, etc.
  • Responsible for producing the Income Statement Forecast (ISF) at a legal entity level. This is achieved by coordinating the efforts of the different processes and businesses required to meet the Income Statement Forecast requirements. The ISF is a key element for Tax to estimate the corporate tax rate and tax provision.
  • Understand employee related liabilities and their accounting treatment.
  • Manage and supervise a team of 5 to 6, including Subject Matter Experts (SMEs). Deliver functional supervisory responsibilities in accordance with the organization's policies and procedures.
  • Analyze the calculations for appropriateness and process the journal requests received from payroll operations. 
  • Coordinate the Financial and Statutory requirements related to compliance with SOX rules and Internal Control self-assessments.

Job Requirements

What you will need to be successful

  • CA Qualified or CMA Qualified.
  • Atleast 5 years of experience with good accounting knowledge in professional Shared Service Centre / manufacturing entity with minimum 2 years of team supervisory experience.
  • Strong in analytical skills.
  • Sound knowledge in SAP or Microsoft Navision.
  • Good communication skills, both verbal and written.
  • Ability to identify root causes of issues and discover/implement practical solutions.
  • Open to and proposes new ideas to improve existing work processes.
  • Helps drive change to reduce complexity.
  • Use customer/client information to improve work processes.
  • Recognize cross-functional as well as cross-Finance impacts and takes action to address needs.
  • Support business/function team on urgent payment / payable related issues.
  • Must demonstrate technical accounting competency.
  • Challenges status quo in processes.

 

IFF is an Equal Opportunity Employer.

 

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 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