IFF is a global creator and manufacturer of scent, taste, nutrition, and biosciences solutions that puts the needs of our people, customers, and communities at the heart of what we do. Our Global Business Services (GBS) team is building a leading organization rooted in a culture of continuous improvement, clean process design, and adoption of the latest technology and automation innovations.
We are very excited to welcome a new Accounting Associate, Global colleague to our team!
The role is based in our Budapest GBS (hybrid model combining office & remote work). You’ll join a team of agile, customer-focused thinkers who collaboratively solve difficult business problems.
Purpose of the role: Under the general direction of the Accounting Supervisor,
Accounting Associate is responsible for US GAAP accounting, reporting and analyses of data and other ad hoc requests for information. The workflow coordinator performs month-end closings, general ledger account analysis and Balance Sheet account reconciliations, prepares SOX controls.
The Accounting Associate prepares and post journal entries and perform related account reconciliations and responsible for monitoring the attainment of various performance goals / metrics, assuring the existence of appropriate controls at each step, and searching for new opportunities.
The key responsibilities also include continuously improving closing processes and efficiency, interfacing with external and internal auditors.
Main responsibilities:
Accrue FI invoices
Process Standard and Recurring Journal Entry
Internal Order Settlement
Close and Cut-Off Transaction Processing
Open and Close Sub-Ledgers AP / AR / GL
Process Local Tax Provisions
Process Allocations
Process Currency Revaluations
Review Cost Centre Expenses
Review Regional Preliminary PL
Close Financial Ledger
Prepare Submission Checklist
Transfer and Reconcile GL for Consolidation
To lead by example following all requirements, processes, structure while maintaining a can-do mentality
Support the day-to-day operations of the Team while maintaining operational tasks
Support in meeting Key Performance Indicators, such as accuracy and timeliness related metrics
Proactively escalating to your supervisor and/or the Operation leader on business and performance issues
Playing a key role in supporting the supervisor with training and guidance of new joiners
Other duties as ordered by the direct manager
Requirements:
Minimum 2 years of relevant experience
Must have working knowledge of general accounting procedures and process including GAAP
Advanced level of English knowledge, both written and verbal
A good understanding of general accounting processes
University degree
Intermediate Microsoft Office skills, with an emphasis on Excel
ERP system (SAP ECC) experience advantageous
Ability to work in a fast paced environment while maintaining accuracy and providing top notch customer service
Great customer service is essential
Team players with a can-do-mentality
Critical thinking is a must
Benefits
HO opportunity (3 days/week)
Professional onboarding process
Multinational and supporting environment
Cafeteria
Health insurance
Annual bonus
Training opportunities
Learning and development programs
Team building
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 IFF.com/careers/workplace-diversity-and-inclusion to learn more
