Job Description
Req Id: 464401
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 Intercompany function as Analyst – Intercompany Accounting .
Your Focus
As Analyst at our Finance Shared Service Center in Hyderabad, India, you will be responsible for R2R Global Intercompany transactions could be Trade and Non-trade/ PO and Non-PO based invoices, Royalties, Intercompany loans.
The role reports to Assistant Manager.
How you will contribute
• Ensure Intercompany AR Billings are raised and accounted on time.
• Monitor and Perform Monthly, Quarterly and Annual accounting closing activities.
• Maintain Intercompany Payment process including Netting.
• Manage Cash Application and Clearings.
• Reconcile all transactions during month and ensure cross validation for missing trading partner.
• Responsible for SOX and Key internal controls process flow, Risk assessment of control matrix and procedure documentation of key and non-key process controls.
• Conduct process walk through to internal/ external auditors and addressing their queries.
• Initiate and lead cross functional meeting to identify and execute resolution plan of global aged intercompany transactions.
• Confirm the balances as per closing schedules to respective teams accounting and ensure accruals are posted for un-reconciled transactions.
• Maintain Standard operating Procedures and Constantly looking for ways to improve processes.
Job Requirements
What you will need to be successful
• CA (Intermediate) / CMA (Intermediate) / MBA / Bachelor in Commerce / Finance or any other relevant discipline.
• Atleast 7 to 12 years' experience with a professional BPO or Shared Service Centre environment.
• ERP (SAP) skills – Analysis for Office (AO) for Reconciliation
• Strong knowledge of Generally Accepted Accounting Principles.
• Excellent verbal and written communication skills.
• Sound knowledge of enterprise resource planning (ERP) systems like SAP Hana, EPM, AO (Analysis for Office).
• Well versed with Microsoft applications (Presentation, Excel).
• Ability to manage through others and collaborate effectively with all levels.
• Ability to prioritize important tasks and ensure they get complete timely.
• Ability to solve problem and anticipates risks and opportunities while working towards continuous 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, *** 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, ****** orientation, or disability. Visit IFF/careers/workplace-diversity-and-inclusion to learn more
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 Intercompany function as Analyst – Intercompany Accounting .
Your Focus
As Analyst at our Finance Shared Service Center in Hyderabad, India, you will be responsible for R2R Global Intercompany transactions could be Trade and Non-trade/ PO and Non-PO based invoices, Royalties, Intercompany loans.
The role reports to Assistant Manager.
How you will contribute
• Ensure Intercompany AR Billings are raised and accounted on time.
• Monitor and Perform Monthly, Quarterly and Annual accounting closing activities.
• Maintain Intercompany Payment process including Netting.
• Manage Cash Application and Clearings.
• Reconcile all transactions during month and ensure cross validation for missing trading partner.
• Responsible for SOX and Key internal controls process flow, Risk assessment of control matrix and procedure documentation of key and non-key process controls.
• Conduct process walk through to internal/ external auditors and addressing their queries.
• Initiate and lead cross functional meeting to identify and execute resolution plan of global aged intercompany transactions.
• Confirm the balances as per closing schedules to respective teams accounting and ensure accruals are posted for un-reconciled transactions.
• Maintain Standard operating Procedures and Constantly looking for ways to improve processes.
Job Requirements
What you will need to be successful
• CA (Intermediate) / CMA (Intermediate) / MBA / Bachelor in Commerce / Finance or any other relevant discipline.
• Atleast 7 to 12 years' experience with a professional BPO or Shared Service Centre environment.
• ERP (SAP) skills – Analysis for Office (AO) for Reconciliation
• Strong knowledge of Generally Accepted Accounting Principles.
• Excellent verbal and written communication skills.
• Sound knowledge of enterprise resource planning (ERP) systems like SAP Hana, EPM, AO (Analysis for Office).
• Well versed with Microsoft applications (Presentation, Excel).
• Ability to manage through others and collaborate effectively with all levels.
• Ability to prioritize important tasks and ensure they get complete timely.
• Ability to solve problem and anticipates risks and opportunities while working towards continuous 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, *** 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, ****** orientation, or disability. Visit IFF/careers/workplace-diversity-and-inclusion to learn more
💡 Quick Summary
Seeking a career-building opportunity? The Analyst | Intercompany Accounting position is now open for candidates interested in the Accountant Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
