Senior Specialist - Inventory & Cost Accounting

Job Description

Are you passionate about service excellence? Would you love to work for a global organization 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 Inventory & Cost Accounting function as Senior Specialist.

Your Focus

As Senior Specialist at our Finance Shared Service Center in Hyderabad, India, you will be responsible for timely and qualitative performance of month-end and during the month activities related to Inventory & Cost Accounting – Plant Closing, Inventory reporting, Pre and Post month-end closing analysis, Inventory General Ledger Reconciliations, ad-hoc business queries.

The role reports to Assistant Manager.

How you will contribute
 
•  Ensure timely and qualitative performance of deliverables of below: 
      o  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. 
      o  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. 
      o  Quarterly and Year-end activities 
•  Should work towards becoming a Subject Matter Expert and provide necessary support to the team. 
•  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 
 

Job Requirements

What you will need to be successful 

•  Fully qualified CMA or MBA (Finance) with 3 to 6 years of relevant experience in Inventory.
•  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 (3 days during the month). 
•  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. 

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