Analyst - GRIR Reconciliation

2 weeks ago

Hyderabad, Telangana, India International Flavors & Fragrances Full time ₹ 4,00,000 - ₹ 8,00,000 per year

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 flavors, fragrances, food ingredients and health & biosciences, we deliver sustainable innovations that elevate everyday products.

Global Business Services: Delivering streamlined, scalable support enhancing efficiency, compliance and service excellence across the company.

The role is based in Hyderabad, India(hybrid role). Be part of a creative, solution-oriented team where together we can achieve greatness and make a real impact. Your potential is our inspiration.

Where Youll Make a Difference

  • Perform daily GR-IR account reconciliations using SAP and Blackline, ensuring timely resolution of open items.
  • Monitor GR-IR balances, review aged items, and collaborate with Procurement, Accounts Payable, and Receiving teams to resolve mismatches.
  • Prepare and maintain reconciliation documentation for audits, ensuring compliance with internal controls and accounting standards.
  • Support internal and external audits by providing reports, explanations, and acting as the focal point for auditor communications.
  • Review account reconciliations in Blackline, analyze trends, complete fluctuation analysis, and manage process metrics for transparency.
  • Organize monthly briefings with GPOs, implement policy updates, and participate in process improvement initiatives to enhance efficiency.
  • Identify and escalate reconciliation issues, perform root cause analysis, and assist in implementing corrective actions.
  • Act as the focal point for external financial and statutory filings, ensuring compliance with US GAAP, local accounting principles, and legal requirements.
  • Propose and implement practical solutions and new ideas to improve work processes, reduce complexity, and drive continuous improvement.

What Makes You the Right Fit

  • Qualified Accountant (CA, CMA, CPA, CIMA, ACCA) with a bachelors degree in commerce.
  • 02 years of experience in GL reconciliation with strong technical accounting skills.
  • Proficient in Excel (including basic Macros), Blackline, and Microsoft Office Suite (Excel, Word, PowerPoint).
  • Working knowledge of US GAAP, IFRS, and sound understanding of SAP FICO.
  • Strong analytical ability to summarize processes and information clearly and concisely.
  • Excellent communication skills, both verbal and written, with clarity in thought process.
  • Ability to share knowledge and collaborate professionally across teams.
  • Demonstrates initiative and adaptability to work in a fast-paced environment during peak periods.
  • Proactive in proposing ideas and solutions to improve processes and drive efficiency.

How Would You Stand Out?

  • Positive attitude with zeal to learn new things and ability to handle heavy or varied workload.
  • Strong in accounting and analytical skills.
  • Capable to challenge status quo for process improvement.

Why Choose Us?

  • Hybrid model(3 days/week).
  • Two-way transportation.

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