Job Summary
Are you ready to take ownership of payroll accounting processes across the EAME region while driving accuracy, compliance, and continuous improvement?
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 Budapest (hybrid role). Be part of a collaborative, detail-oriented, and solution-focused team where together we can achieve greatness and make a real impact. Your potential is our inspiration.
Where You'll Make a Difference
- Prepare and post payroll-related journal entries, ensuring accurate and timely financial reporting.
- Ensure payroll transactions are recorded in accordance with US GAAP and local accounting requirements.
- Partner closely with external payroll providers to understand payroll components and their accounting impact.
- Prepare and review payroll-related accruals, including vacation accruals, incentive plans, pensions, and other locally required accruals.
- Reconcile payroll-related balance sheet and profit & loss accounts and investigate variances.
- Support month-end close activities and ensure payroll-related reporting is completed accurately and on time.
- Maintain strong relationships with internal stakeholders, including Finance, Human Resources, Payroll teams, and external auditors.
- Support compliance, controls, audit activities, and Sarbanes-Oxley (SOX) requirements where applicable.
- Drive process standardization, improve operational efficiency, and act as a senior point of reference within the accounting team.
What Makes You the Right Fit
- Minimum 4-5 years of relevant experience in accounting, payroll accounting, or a related finance role.
- Strong understanding of Generally Accepted Accounting Principles (GAAP) and core accounting processes.
- Experience with month-end close activities, account reconciliations, and financial reporting.
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Advanced Microsoft Excel skills with the ability to analyze and interpret financial data.
- Excellent English communication skills, both written and verbal.
- Strong analytical skills and exceptional attention to detail.
- Excellent stakeholder management and collaboration skills.
- A proactive mindset with the ability to identify issues, recommend solutions, and drive improvements.
How Would You Stand Out?
- Experience working in a multinational or shared services environment.
- Knowledge of SAP or other Enterprise Resource Planning (ERP) systems.
- Experience supporting audit processes and internal control frameworks.
Why Choose Us?
- Opportunity to work in a highly visible regional role supporting multiple countries across EAME.
- Hybrid working model with flexibility to support work-life balance.
- Inclusive, collaborative, and international working environment.
- Exposure to global finance processes, systems, and stakeholders.
- Continuous learning and professional development opportunities.
- Career growth within a leading global organization.
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
Skills Required
- Minimum 4-5 years of relevant accounting experience
- Strong knowledge of US GAAP and general accounting principles
- University degree in Finance, Accounting, or a related field
- Advanced Microsoft Excel skills
- Solid understanding of month-end close activities and balance sheet reconciliations
- Excellent English communication skills, both written and verbal
- High attention to detail with a strong control and compliance mindset (SOX)
- Strong analytical, problem-solving, and financial reporting capabilities
- Effective stakeholder management and communication skills
- Experience working with SAP or other ERP systems
- Experience within a multinational company or shared service environment
- Proactive mindset with passion for continuous improvement and process optimization
IFF Family of Companies Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IFF Family of Companies and has not been reviewed or approved by IFF Family of Companies.
-
Fair & Transparent Compensation — Pay is considered competitive in many roles and locations, and compensation is often described as good.
-
Parental & Family Support — A global minimum of 16 weeks of fully paid parental leave for all new parents is in place. This policy is positioned as a notable component of the overall package.
-
Leave & Time Off Breadth — Core offerings include paid time off, sick days, holidays, and sabbatical leave. Flexible scheduling options such as compressed workweeks and hybrid/remote arrangements are available where feasible.
IFF Family of Companies Insights
What We Do
Meet IFF: We boldly bring together science and creativity to create what the world needs. An industry leader in food, beverage, health and biosciences, we create essential solutions – from global icons to unexpected innovations and experiences. Equal parts outspoken and analytical, our international collective of thinkers working with customers to bring scents, tastes, experiences, ingredients and solutions for products people crave. With 24,000 employees across 65 countries, more than 110 manufacturing facilities, 100 R&D centers, and 33,000 customers across the world, we’re poised to make a difference on an unprecedented scale. Without our boundary-pushing passion and end-to-end expertise, the future wouldn’t be the same. Visit us at www.iff.com to learn more about how our talented people and new technology are challenging the expected, championing creators and doing more good for people and planet. Explore what sets us apart.
