Team Lead I, Accounting (Record-to-Report)

About the role

IFF is hiring a Team Lead I, Accounting for a hybrid role based in Hyderabad, India. The position leads a small Record-to-Report (RTR) team while performing complex accounting activities within defined policies and best practices. It combines operational delivery with team supervision, focusing on high-quality financial reporting, strong internal controls and effective period-end close, with a dedicated focus on inventory accounting, costing and valuation.

Key responsibilities

• Lead and support a small RTR team, ensuring efficient daily operations and high-quality service delivery.
• Manage month-end and year-end close activities, ensuring accuracy, completeness and timely reporting.
• Review account reconciliations, financial results and inventory-related transactions for compliance and accuracy.
• Oversee inventory accounting processes, including production settlements, actual costing, inventory valuation and allocation.
• Monitor and analyse inventory volume drivers, purchase price variances and production cost variances.
• Ensure accurate execution of manual inventory postings, accruals, adjustments and goods-in-transit transactions.
• Resolve inventory discrepancies, reconciliations and period-end close backlogs promptly.
• Maintain strong internal controls, SOX compliance and audit readiness through accurate documentation and support.
• Identify process improvements and coach, train and give performance feedback to the team.

Required profile

• Bachelor's degree in accounting, finance, business administration or a related field, with 3-6 years of experience in accounting, RTR or shared services.
• Experience in RTR processes, including general accounting, inventory accounting, reconciliations, standard costing and period-end close.
• Strong written and verbal communication, analytical thinking, problem-solving and decision-making.
• Ability to lead, coach and develop team members.
• Experience in inventory accounting, costing and valuation is a strong advantage.

Required skills

• Proficiency with ERP systems, preferably SAP.
• Strong knowledge of internal controls, compliance requirements and audit support.

The Food Ingredients business unit is expected to be sold to CVC Capital Partners in the first half of 2027, pending regulatory approvals; the position is part of that unit and will transition to CVC at close. IFF offers internal training opportunities.