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International Flavors & Fragrances

Produces flavors, fragrances, and pharma solutions.

Analyst-Inventory & Cost Accounting

Cost & Management AccountingConfirmed live in the last 24 hours
Full-timeHyderabad, Telangana, IndiaNo salary listed

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.
  • Two to five years of experience in accounting, inventory accounting, cost accounting, or shared services environments is required.
  • Strong knowledge of accounting principles, reconciliations, financial reporting, and inventory processes is required.
  • An analytical mindset and the ability to identify trends, variances, and process gaps are required.
  • Attention to detail and a commitment to accuracy are required.
  • Strong communication and stakeholder management skills are required.
  • The ability to work independently while collaborating effectively across teams is required.

Responsibilities

  • Drive accurate inventory accounting and valuation processes that directly impact financial reporting.
  • Support month-end and year-end close activities, ensuring timely and compliant reporting.
  • Partner with manufacturing, supply chain, and finance teams to improve inventory visibility and control.
  • Analyze inventory cost drivers, variances, and reconciliations to identify improvement opportunities.
  • Contribute to process optimization initiatives that enhance efficiency, compliance, and data accuracy.
  • Maintain robust documentation and controls to support audit readiness.
  • Record financial transactions accurately in the ERP system in accordance with established guidelines.
  • Prepare and review account reconciliations to ensure accuracy and completeness.
  • Analyze financial data and provide meaningful insights to support decision-making.
  • Prepare reports and presentations to support financial analysis and reporting.
  • Support supervisors and senior team members on projects and ongoing tasks.
  • Monitor and analyze inventory volume drivers, including production settlements, WBS, and internal order allocations.
  • Support allocation cycles and cost flow impacting inventory and cost of goods sold.
  • Execute and support actual costing runs and inventory valuation activities.
  • Analyze purchase price variances (PPV) and production variances, identifying root causes.
  • Process and validate manual inventory postings for goods in transit, accruals, and corrections.
  • Perform inventory reconciliations between the subledger and general ledger, and manage backlog resolution.
  • Investigate inventory discrepancies, including quantity/value mismatches and negative stock.
  • Support period-end close activities, including settlements, variance analysis, and reporting.
  • Ensure proper documentation and support for inventory-related audit requirements.
  • Support allocation cycle governance and closing cockpit activities.
  • Identify and support process improvements in inventory accounting and reporting.

Desired Qualifications

  • Experience supporting manufacturing or supply chain finance environments.
  • Hands-on experience with inventory valuation, actual costing, standard costing, and variance analysis.
  • Knowledge of SAP or other ERP platforms.
  • Experience with process improvement, automation, or continuous improvement initiatives.
  • Familiarity with audit support, compliance controls, and financial governance processes.
  • The ability to manage multiple priorities in a fast-paced global environment.

About the Company

International Flavors & Fragrances

Produces flavors, fragrances, and pharma solutions.

International Flavors & Fragrances Inc. operates as a vertically integrated supplier of ingredients and formulations across four main areas: Nourish (food and beverage ingredients and solutions), Health & Biosciences (sustainable, bio-based solutions), Scent (fragrances for fine perfumery, personal care, and home care), and Pharma Solutions (functional excipients and active pharmaceutical ingredients for pharma and dietary supplements). Its products go from research and development through manufacturing, enabling customers to formulate foods, cosmetics, and medicines. The company differentiates itself by concentrating resources on higher-margin segments (Scent, Nourish flavors, Health & Biosciences) and by streamlining its portfolio through strategic divestitures to improve margins and return on invested capital. The overarching goal is steady margin expansion and stronger ROIC while delivering integrated, end-to-end solutions to its global customer base.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1889

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