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Senior Accountant I

Job Summary

This position is responsible for GAAP reports preparation and submission to СFIN consolidation tool. 1 company. Preforms execution of monthly and annual closing procedures under GAAP. Intercompany accounts reconciliation. Performs accruals/ GAAP adjustments calculation and posting to ERP. Fixed Assets control. Controls proper cost allocation (by cost center, by product etc).

GAAP responsibilities:
• Month-end closure – accurate and on-time

• Master data up to date – products, cost-centers, customers, suppliers, employees

• EIS reconciliation – COGS and sales on a monthly basis

• FA accounting under US GAAP standards on daily basis

• Project work, ad-hoc Corporate requests

• Deferred taxes calculation under US GAAP standards and reconciliation local GAAP vs US GAAP

• Intercompany reconciliation on a monthly basis

• Take part in automatisation process if needed

RSA responsibilities:
• Supplier intercompany control – reconciliations, payment planning, work on credit notes (unloading from SAP)

• Applications for payment on advance reports to Tastepoint employees

• Fixed assets (control of IFF SPI, TS, verification)

• Reserve of goods – calculation, approval with the responsible person

Physical actions in Mytishchi:

• Systematization of primary documents of the Moscow region – orders, advance reports, acts of suppliers, etc.

• Transfer of Tastepoint documents to the archive of an external company

Abilities to work:

Ability to work independently with minimal supervision under high pressure, be results oriented and be able to work in a flexible and fast-paced environment.

Working experience as a reporting accountant. 1 years as a minimum experience is required. Higher education in economic, finance or accounting professional qualifications

Proficiency with Microsoft O365 suite (Excel, Word, Power Point, Sharepoint, OneDrive and Teams), 1C.

English (upper intermediate)

Be focused on simplification and process improvement.

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

What You Should Know About Senior Accountant I, IFF

Join IFF as a Senior Accountant I in Mytischi, Russia, where you will dive into the exciting world of GAAP reports preparation and submission using our СFIN consolidation tool. In this role, you will be at the heart of our financial operations, executing monthly and annual closing procedures under GAAP with care and precision. You'll be responsible for intercompany accounts reconciliation and perform accruals and GAAP adjustments calculations, with postings into our ERP system. Your expertise will also be essential in managing fixed assets and controlling proper cost allocations by cost center and product. Aside from the month-end closures and maintaining up-to-date master data, you will take part in project work related to automation processes. If you have a knack for detail and accuracy, this role offers great prospects where you'll calculate deferred taxes under US GAAP standards and reconcile local GAAP versus US GAAP, ensuring everything aligns perfectly every month. We're looking for you to bring not just your skills as a reporting accountant but also your focus on simplification and process improvement to the table. If you thrive in a flexible, fast-paced environment and want to be part of a diverse and inclusive workplace, IFF is the perfect place for you to unleash your potential.

Frequently Asked Questions (FAQs) for Senior Accountant I Role at IFF
What are the main responsibilities of a Senior Accountant I at IFF?

As a Senior Accountant I at IFF, your primary responsibilities will include preparing GAAP reports, executing monthly and annual closings, performing intercompany accounts reconciliation, and managing fixed assets. You'll also be handling accrual calculations and GAAP adjustments, ensuring accurate monthly reporting that adheres to both local and US GAAP standards.

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What qualifications are needed for the Senior Accountant I position at IFF?

To qualify for the Senior Accountant I position at IFF, you should have at least one year of relevant experience as a reporting accountant. A higher education degree in economics, finance, or accounting is required, along with proficiency in Microsoft O365 suite and a good command of English, ideally at an upper-intermediate level.

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How does IFF support professional growth for Senior Accountant I roles?

At IFF, we believe in fostering your professional growth by providing opportunities for further training in accounting practices and software. You’ll also have the chance to work on project automations that can enhance your skills while collaborating with diverse teams committed to driving innovation in the industry.

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What skills are necessary for a Senior Accountant I to succeed at IFF?

Success as a Senior Accountant I at IFF requires a keen eye for detail and strong analytical skills, as you'll be dealing with complex financial data. Additionally, working independently under pressure in a fast-paced environment is crucial. Skills in process improvement and simplification will also be highly valued.

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What is the work environment like for a Senior Accountant I at IFF?

IFF fosters an inclusive and diverse workplace where each employee can bring their authentic self to work. As a Senior Accountant I, you'll be part of a supportive team that values collaboration and innovation, ensuring everyone can contribute their unique perspectives to drive the company forward.

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Common Interview Questions for Senior Accountant I
Can you describe your experience with GAAP reporting?

In answering this question, focus on specific experiences where you managed GAAP reports. Discuss the types of reports you've prepared, any challenges you've faced, and how you've ensured compliance with GAAP standards. Highlight your attention to detail and any software tools you used.

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How do you manage tight deadlines when closing monthly accounts?

To tackle tight deadlines effectively, share your strategies for time management and prioritizing tasks. Discuss scenarios where you've successfully met tough deadlines, emphasizing your organizational skills and how you keep focused under pressure.

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What is your approach to intercompany accounts reconciliation?

Explain your systematic approach to intercompany reconciliation, including how you ensure accuracy and resolve discrepancies. Provide examples of tools and processes you use to keep these records straight.

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How have you improved a financial process in your past roles?

In response, talk about a specific process you've enhanced. Describe the existing issue, the steps you took to improve it, and quantify the positive outcome. Highlight any collaborative efforts that contributed to your success.

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What financial software are you proficient in?

List the financial software you've used, particularly those tied to accounting tasks. If relevant, mention your experience using ERP systems and how you've utilized them in past roles to improve reporting accuracy and efficiency.

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Explain how you would handle an accounting discrepancy.

For this question, outline your process for identifying, investigating, and resolving discrepancies. Mention any tools or knowledge you rely on to get to the root of the issue and correct it effectively.

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Can you discuss your experience with deferred taxes?

Talk about the principles behind deferred taxes and your past experiences calculating them. Discuss how you reconcile local GAAP to US GAAP and any insights you've gained from that experience.

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How do you keep your accounting knowledge up-to-date?

Share the resources you use to stay informed, such as professional organizations, websites, courses, or certifications related to accounting standards, regulations, and emerging trends in finance.

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Describe a project where you took the lead in automation.

Provide a specific example where you led or contributed significantly to an automation project. Share what the project involved, your specific role, and the impact it had on efficiency or accuracy in your department.

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What motivates you as a Senior Accountant?

Discuss your passion for financial accuracy, problem-solving, and efficiency. Mention goals you have, such as continuous learning and helping your team succeed, to demonstrate your commitment to the accounting profession.

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OUR VISION Be the partner for essential solutions We play a vital role in the global food, beverage, beauty, household and personal care, and pharmaceutical supply chains We co-create sensorial experiences that delight and go beyond the expecta...

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Full-time, on-site
DATE POSTED
April 17, 2025

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