Senior Specialist- Cost Accounting

Job Summary Senior Specialist - Inventory Cost AccountingAre 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 SpecialistYour FocusAs Senior Specialist based out of our Finance Shared Service Centre in Hyderabad India you will be responsible for managing inventory reconciliations communicate with stakeholders and support audits Aim to become a Subject Matter Expert drive process improvements and adhere to internal controls Provide excellent service collaborate with team members and ensure customer satisfaction The role reports to Assistant Manager Operations Leader Operations How you will contributeEnsure 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 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 Quarterly and Year-end activitiesProvide 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 KPIs 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 What you will need to be successfulFully qualified CMA with 3 to 6 years of relevant experience in Inventory or Cost Accounting or MBA Finance with 3 to 6 years of relevant experience in Inventory or Cost AccountingExperience in the following areas would be preferred Manufacturing Accounting o Inventory Accounting o Product CostingSound 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 centers 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 We are a global leader in taste scent and nutrition offering our customers a broader range of natural solutions and accelerating our growth strategy 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 an 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