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Entity Accounting Leader

Date: Jul 22, 2021

Location: Hyderabad, IN, 500081

Company: IFF Family of Companies

Req ID: 158061

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 function as Entity Accounting Leader.

Your Focus


As Entity Accounting Leader at our Finance Shared Service Center in Hyderabad, India, you will manage responsibilities for overall data integrity of items such as financial statements, account reconciliation, Payroll accounting and other related duties.

The role reports to Senior Manager Internal Controls & Operations.


How you will contribute

  • 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.
  • Responsible for overall data integrity of the financial statements, India & US GAAP compliance, client satisfaction, cross process coordination, account reconciliation, payroll accounting as well as being a focal point for audits, schedules and other related duties.
  • Participate in various Financial Accounting team projects for the purpose of improving efficiencies and client satisfaction.
  • Perform account reconciliations of the accounts, In addition the Entity Leader will periodically request to see the 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.
  • Act as consultant to Area sub-process Controllers and other Finance processes in the region on financial accounting and internal control matters.
  • Understanding on employee related liabilities and their accounting treatment.
  • 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 Final or Inter / MBA / Bachelor in Commerce / Finance or any other relevant discipline
  • At least 5 to 6 years’ experience with good accounting knowledge in manufacturing entity
  • Strong in analytical skill
  • Powerpoint presentation skills, VBA Macros or VB Automation
  • Working knowledge of US GAAP & ISF
  • Sound knowledge of SAP FICO / SOX Controls
  • Well versed with Microsoft applications e.g., Excel knowledge
  • 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.
  • Demonstrate technical Accounting competency
  • Capable to challenge status quo for process improvement
  • Flexibility to operate in shifts



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. 
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