Team Lead II, Accounting

Danisco India Pvt. Ltd.; Hyderabad; Hybrid; INR 1,800,000 - 2,800,000; Full time

Job summary

IFF, a global leader in flavors, fragrances, food ingredients and health & biosciences, seeks a Team Lead II, Accounting in Hyderabad (hybrid). The role oversees the RTR subprocess and a medium-sized team to ensure accurate financial reporting and regulatory compliance.

You will drive month-end and year-end close, balance sheet reconciliations, and internal controls while collaborating with cross-functional teams in a fast-paced shared services environment.

Qualifications

• Qualified professional (CA, CPA, CMA, ICWA) or Post graduation in Accounting, Finance, Business Administration, or a related field.
• 4-8 years of progressive experience in Finance and Accounting, with strong exposure to the Record-to-Report (RTR) process with minimum 1-3 years of people management experience.
• Demonstrated experience managing month-end and year-end close activities, balance sheet reconciliations, journal entries, accruals, provisions, and financial reporting.
• Strong understanding of accounting principles, internal controls, SOX compliance requirements, and audit support processes.
• Excellent written and verbal communication skills, with the ability to effectively collaborate with stakeholders across multiple functions and levels.

Responsibilities

• Oversee the Record-to-Report (RTR) subprocess, ensuring all financial transactions are recorded, reported, and compliant with accounting standards, company policies, and regulatory requirements.
• Lead and coordinate month-end and year-end close activities, ensuring timely, accurate, and complete financial reporting, including management of journal entries, accruals, provisions, and adjustments in line with internal controls.
• Perform and review balance sheet reconciliations to ensure the integrity, accuracy, and reliability of financial data.
• Ensure adherence to SOX/internal controls and support internal and external audits through timely resolution of audit queries and remediation of identified issues.
• Manage optimal utilization of team resources by balancing workloads, driving productivity, and delivering against established KPIs, SLAs, and performance targets.
• Identify process inefficiencies, root causes, and operational risks, implementing corrective and preventive actions while driving continuous improvement initiatives across the RTR function.
• Collaborate with cross-functional partners, including AP, AR, FP&A, Tax, and Treasury teams, to ensure seamless end-to-end process alignment and effective issue resolution.
• Build and maintain strong stakeholder relationships, ensuring high levels of service satisfaction while supporting transition activities, knowledge transfer, and stabilization in a shared services environment.
• Lead, coach, and develop team members through ongoing training, performance management, and career development initiatives, fostering an inclusive, high-performing, and engaged team culture focused on talent retention.

Skills

Leadership

Stakeholder management

Communication

Analytical thinking

Education

CA/CPA/CMA/ICWA or PG in Accounting/Finance

Tools

SAP

Job description

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. Food Ingredients: Innovating improved nutritional profiles, better taste and texture, and greater cost efficiency to meet the needs of global food and beverage manufacturers. 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.

The Team Lead II, Accounting oversees the delivery and performance of services within the Record-to-Report subprocess, ensuring efficient and high-quality processes and compliance with relevant regulations and policies. Responsible for managing a medium-sized team (direct reports only).

How You Will Contribute

• Oversee the Record-to-Report (RTR) subprocess, ensuring all financial transactions are accurately recorded, reported, and compliant with accounting standards, company policies, and regulatory requirements.
• Lead and coordinate month-end and year-end close activities, ensuring timely, accurate, and complete financial reporting, including management of journal entries, accruals, provisions, and adjustments in line with internal controls.
• Perform and review balance sheet reconciliations to ensure the integrity, accuracy, and reliability of financial data.
• Ensure adherence to SOX/internal controls and support internal and external audits through timely resolution of audit queries and remediation of identified issues.
• Manage optimal utilization of team resources by balancing workloads, driving productivity, and delivering against established KPIs, SLAs, and performance targets.
• Identify process inefficiencies, root causes, and operational risks, implementing corrective and preventive actions while driving continuous improvement initiatives across the RTR function.
• Collaborate with cross-functional partners, including AP, AR, FP&A, Tax, and Treasury teams, to ensure seamless end-to-end process alignment and effective issue resolution.
• Build and maintain strong stakeholder relationships, ensuring high levels of service satisfaction while supporting transition activities, knowledge transfer, and stabilization in a shared services environment.
• Lead, coach, and develop team members through ongoing training, performance management, and career development initiatives, fostering an inclusive, high-performing, and engaged team culture focused on talent retention.

What You Will Need to Be Successful

Qualified professional (CA, CPA, CMA, ICWA) or Post graduation in Accounting, Finance, Business Administration, or a related field. 4-8 years of progressive experience in Finance and Accounting, with strong exposure to the Record-to-Report (RTR) process with minimum 1-3 years of people management experience, with a proven ability to lead, coach, develop, and engage high-performing teams. Demonstrated experience managing month-end and year-end close activities, balance sheet reconciliations, journal entries, accruals, provisions, and financial reporting. Strong understanding of accounting principles, internal controls, SOX compliance requirements, and audit support processes. Excellent written and verbal communication skills, with the ability to effectively collaborate with stakeholders across multiple functions and levels. Proven ability to manage priorities, balance workloads, monitor KPIs/SLAs, and deliver results in a fast-paced shared services or global business environment.

How You Would Stand Out

Strong problem-solving, analytical, and decision-making skills. Continuous improvement mindset with experience driving process optimization and operational excellence. Strong SAP and RTR process expertise within a shared services environment.

Why Choose Us

Drive operational excellence, innovation, and continuous improvement while creating measurable business value. Be part of a transformative journey, shaping a global business services organization with enterprise-wide impact. Internal Training opportunities.

Important Information Regarding this Position

For your awareness, IFF has announced its intention to sell its Food Ingredients Business to CVC Capital Partners. The sale is presently expected to close in the first half of 2027, pending regulatory approvals and other closing conditions. The Food Ingredient business unit will remain a part of IFF until close and, at such time, it will transition to CVC Capital Partners. In applying for this position, you acknowledge your awareness that the position is a part of the Food Ingredient business unit and has been identified to transition to CVC Capital Partners.

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

At IFF, we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products - advancing wellness, delighting the senses and enhancing the human experience. We value an inclusive, creative workplace where all individuals can thrive and do their best work. We consider all qualified candidates equally and based on merit, without regard to religion, ethnicity, national origin, race, age, veteran status, gender identity or expression, sexual orientation or disability.