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Specialist - GL Reconciliation

Date: Jan 15, 2022

Location: Hyderabad, IN, 500081

Company: IFF Family of Companies

Req ID: 246781

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 Finance - GL Reconciliation function as Specialist.


Your Focus

As Specialist based out of our Finance Shared Service Center in Hyderabad, India, you will be responsible for performing the role of account reconciliation coordination, individual reconciliation responsibilities as well as being a focal point for audits, schedules, income statement forecasting, and other related duties.

You participate in various Financial Accounting team projects for the purpose of improving efficiencies and client satisfaction.

This role reports to Senior Manager Operations Finance.


How you will contribute

  • Run SAP reports required to review Income Statement, Balance Sheets and Trial Balances.
  • Performing account and banking reconciliations, analyzing trends and completing fluctuation analysis.
  • Comparing US GAAP 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 under different ownership and ensure data are reviewed and approved for the account reconciliations performed by the members of these teams. 
  • Act as focal point for external financial and statutory filings necessary to meet internal auditing and governmental requirements, in compliance with US GAAP and local accounting principles and with various laws and official requirements. 
  • Ensure timely support for 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.
  • Coordinate the Financial and Statutory requirements related to compliance with SOX rules and Internal Control self-assessments.
  • Operational execution on AP / AR / Tax/ HR / Fixed Assets / Inventory/Banking.
  • Identify root causes of issues and discover/implement practical solutions
  • Proposes new ideas to improve existing work processes and help drive change to reduce complexity
  • Utilize customer/client information to support work processes improvement.
  • Recognizes cross-functional as well as cross-Finance impacts and take action to address needs.

Job Requirements

What you will need to be successful

  • Master’s or bachelor’s degree in commerce, MBA or any other relevant discipline
  • Minimum 2-3 years of relevant experience.
  • Excel Efficient, Macros basic knowledge, Blackline tool knowledge.
  • Strong in accounting and analytical skills
  • Working knowledge of US GAAP & IFRS
  • Sound knowledge of SAP FICO / SOX Controls
  • Well versed with Microsoft applications
  • Good communication skills with clarity in thought process
  • Ability to work in fast paced environment during peak period
  • Positive attitude with zeal to learn new things
  • Good communication skills, both verbal and written.
  • Ability to summarize processes and information in a clear and concise manner
  • Ability to share knowledge, expertise, and opinions in a professional manner
  • Ability to handle heavy or varied workload
  • Must demonstrate initiative and technical Accounting skills
  • Capable to challenge status quo for process improvement


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 to learn more