Process Specialist - Inventory and Cost Accounting

International Flavors & Fragrances Inc.; Hyderabad; Hybrid; INR 257,000 - 268,000; Full time

Benefits offered by this job

Hybrid model (3 days/week)

Two-way transportation

Learning & development programs

Job summary

International Flavors & Fragrances Inc. in Hyderabad, India, is hiring a Process Specialist - Inventory and Cost Accounting for a hybrid role.

You will contribute to month-end closings, inventory reconciliations, and KPI reporting, while supporting cross-functional teams across time zones. The ideal candidate holds CMA or MBA (Finance) with 1–2 years in inventory and cost accounting, and is proficient with SAP FI-CO and Blackline.

Qualifications

• CMA or MBA (Finance) with 1–2 years in Inventory & Cost Accounting.
• Experience in Manufacturing Accounting and Product Costing preferred.
• Proficiency in MS Excel, Word and PowerPoint; SAP FI-CO end-user.

Responsibilities

• Ensure month-end activities: plant closing, journal entries, and inventory reconciliations.
• Support internal/external audits and provide timely reporting to management.
• Prepare metrics, dashboards and KPIs for business reporting.

Skills

Inventory accounting

Cost accounting

Record to Report

GL accounting

SAP FI-CO

SAP CO-PCA

Blackline

MS Excel

Education

CMA

MBA Finance

Tools

MS Excel

MS Word

MS PowerPoint

Blackline tool

Job description

Process Specialist - Inventory and Cost AccountingThis IFF Career Site uses Google Analytics, as described in our Privacy Statement, for purposes that may include site operation, analytics, enhanced user experience. You may choose to consent or decline to our use of Google Analytics below.### Process Specialist - Inventory and Cost AccountingApply: On-site: Hyderabad GBS, India: Full time: Posted Today: End Date: November 19, 2026 (6 days left to apply): R23300**Job Summary**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 You’ll Make a Difference**• Ensure timely and qualitative performance of deliverables of below: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 activities• Provide 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, KPI’s 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 Makes You the Right Fit**• Semi-Qualified CMA, Qualified CMA, or MBA (Finance) with 1 to 2 years of experience in Inventory & Cost Accounting, Record to Report (R2R) or General Ledger Accounting.• Experience in the following areas would be preferred:o Manufacturing Accounting o Inventory Accountingo Product Costing• Sound 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.• 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, centres and time zones.• Must possess strong and effective written and verbal communication & presentation skills.• Ability to succeed in a team environment. **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.* Learning and development programs.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.