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Senior Tax Specialist - LATAM

Date: May 2, 2021

Location: Hyderabad, IN, 500081

Company: IFF Family of Companies

Req ID: 113161

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 India Shared Service Center team as Senior Tax Specialist – LATAM.

 

Your Focus

 

As a part of LATAM Tax Team based out of Hyderabad, you will be responsible to process, prepare and support various LATAM Tax compliance related work.

 

You will manage review of Balance Sheet Account Reconciliations, LATAM VAT filing, and month-end postings. This position is responsible for the financial integrity and reliability of account balance in SAP versus Tax based documentation.

 

You will work on a team with similar GL Reconcilers and will interact with Local Finance Team, Business Controllers, Tax analysts, Accounts Payable & Accounts Receivable teams and other support networks.

 

The role will report to Manager Operations Tax Center.

 

How you will contribute


Impact on the Business & Team work

  • Working with team and internal customer to ensure delivery as per agreed timelines
  • Prepare and send declarations for the different levels of LATAM Tax authorities, in accordance with the due dates established
  • Performs Balance sheet accounts reconciliations (Indirect Tax, Direct Tax etc) in compliance with SOX and IFF account reconciliation policy
  • Resolution of internal and external audit query on timely manner
  • Identify reconciling items and follow up with respective teams to clear off
  • Clearing of entries in open item managed accounts where the debit and credit entries are either posted manually or through system
  • Clearing account balances
  • Posting recurring journals (Whenever required)
  • Posing rectification entries suggested by local finance / GL reconciler between GLs
  • Ensure journal postings are done after prior approvals as required by SOX and IFF JEV policy
  • Publishing performance dashboards and required tax specific reporting

 

Customers / Stakeholders

  • Ensure support is provided to onshore counterparts on responsible GL, Tax regime and country
  • Active participation on all business calls and meetings and drive issue resolution as required
  • Timely respond to queries from senior group level management
  • Provides management and financial statement users with relevant, comparable and accurate data on which to base decisions 
  • Analyze data and translates data into meaningful information

 

Operational Effectiveness & Control

  • Ensure proactive controls in place to highlight issues before they are picked up by business
  • Adheres to IFF Internal control policies and procedures, including established SOX compliance processes.
  • Develop an in-depth knowledge of accounting flows to support GL reconciliations 
  • Ensure the basic process documentation is completed for all the activities

Job Requirements

What you will need to be successful

 

  • Post Grad. or Bachelor Degree in Finance, Accounting, Commerce, or any other relevant discipline 
  • 3 – 5 years of relevant experience in LATAM Tax (Argentina, Brazil, Colombia, Chile & Peru country.) 
  • LATAM VAT compliance experience would be an added advantage
  • Experience of VAT Tax GL Accounts Reconciliation & Income Tax and Withheld Tax GL Accounts reconciliation of Argentina, Brazil, Colombia, Chile and Peru is an added advantage.
  • Good working knowledge of Microsoft Office – Excel, Word & Power Point
  • Good exposure on Blackline reconciliation tool
  • Strong technical understanding of accounting principles and demonstrated competence in their application
  • Ability in various Accounts reconciliations
  • End-user exposure of SAP FI module

 

 

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