About Ingredion:
Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you’ve experienced our work in your favorite chocolate, your pet’s food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you’re just starting your career or bringing years of experience, there's a place for you here to make a real difference. Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create.
Location: Navi Mumbai
Workplace type: On Site
As a Senior Specialist - Finance, you are responsible for managing full set of accounts (USGAAP and Local GAAP) for India, financial and costing analysis for business decisions (FP&A) and ensure local statutory and legal compliance. The incumbent is also expected to prepare and review budgets and ensure timely and accurate corporate reporting.
What you will do:
Finance & Accounting
- Manage the Finance and Accounts function for the country operations which includes day to day accounting to group reporting (USGAAP)
- Preparing IGAAP financial statements and liaison with financial auditors for statutory financial audit and tax audit for tax filings
- Ensure the integrity of financial reporting including balance sheet reviews and maintaining account reconciliation quality as per corporate directives
- Work with business team on financial budgets. Monthly and quarterly business review of the actuals against budget
- Ensure adherence to group internal control procedures and customize controls for local operations where necessary
- Manage the treasury operations for the country – fund forecast, hedging FX exposure, optimizing fund productivity
- Ensure compliance for corporate tax and transfer pricing including tax filling, documentation and assessment representations
- Ensure compliance with other statutory acts like GST, Customs VAT, excise, and service tax
- Ensure compliance with Companies Act requirements and coordinate with the regional legal team and corporate secretary on India specific drafting and legal interpretations
- Regular travel to manufacturing sites for supervision and control
Business Partnering
- Drive business team for KPIs directly influencing the business (CCC, GP, etc.) and devising MIS to facilitate control and ease of business operation
- Support business team with costing information for product pricing decisions
- Prepare analysis and narratives for Monthly business Review (MBR) and Quarterly Business Review (QBR)
- Coordinate with Shared Service team for designing business reports for the business owners
- Collaborate with other functions to prepare and validate the annual budgets and latest estimate (LE) for legal entity.
Relationships and People
- Coach team members and engage with Shared Service team to ensure high quality service
- Develop credibility and build partnerships across the Asia Pacific Finance and other cross functional teams
What you will bring:
- Chartered Accountancy qualification, additional Company Secretary qualification a plus
- 5-7 years’ experience in finance and accounts with increasing responsibility, in a manufacturing environment
- Strong understanding of business processes and related internal controls
- Strong knowledge of Indian GAAP with experience in preparing financial statements from scratch and ability to interpret of USGAAP for internal reporting
- Exposure to corporate tax filings and assessments and able to interpret Income Tax laws.
- Strong MS Excel and MS PowerPoint skills (for FP&A), working knowledge of Power BI desirable
- Exposure to ERP environment preferably SAP, BW data warehouse
- English fluency, both written and spoken
- Preparedness to travel to the manufacturing plants when needed
Why Join Ingredion?
Discover why Ingredion is the ideal place to advance your career with our exceptional rewards and benefits package designed to help you thrive. Create the future with us and enjoy:
- Total Rewards Package – Competitive salary and performance-based pay recognizing your contributions to our success
- Comprehensive Benefits & Wellness Support – Health, long-term savings, and resources for your physical, mental, and emotional well-being
- Career Growth – Learning, training, and development opportunities.
- Employee Recognition Program – A culture of real-time appreciation, with personalized recognition rewards globally
- Employee Referral Program – Refer top talent and earn a bonus if they’re hired
#LI-JC-1
#LI-ON-SITE
Ingredion uses AI-enabled tools to support parts of the recruitment process, including resume screening and interview scheduling. These tools help match candidate skills to job requirements and streamline communication. All AI-assisted decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws. By applying, you acknowledge that AI may be used to support your application journey.
Relocation Available:
NoSkills Required
- Chartered Accountancy qualification
- Company Secretary qualification (plus)
- 5-7 years finance and accounts experience in a manufacturing environment
- Strong understanding of business processes and internal controls
- Strong knowledge of Indian GAAP and ability to interpret USGAAP for internal reporting; prepare financial statements from scratch
- Exposure to corporate tax filings, assessments and interpretation of Income Tax laws; transfer pricing experience
- Strong MS Excel and MS PowerPoint skills for FP&A
- Working knowledge of Power BI
- Exposure to ERP environments, preferably SAP and BW data warehouse
- English fluency, written and spoken
- Preparedness and willingness to travel to manufacturing plants as needed
Ingredion Incorporated Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ingredion Incorporated and has not been reviewed or approved by Ingredion Incorporated.
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Retirement Support — A competitive 401(k) program with company matching and, in some cases, additional contributions is highlighted, with defined vesting terms. This supports long‑term savings and is a consistent pillar of the U.S. package.
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Healthcare Strength — Core medical, dental, and vision coverage is standard, with additional protections like life and disability insurance. Wellbeing resources and an employee assistance program further bolster health support.
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Strong & Reliable Incentives — Annual or periodic bonuses are common components of compensation across functions. This adds dependable variable pay alongside base salary.
Ingredion Incorporated Insights
What We Do
Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2022 annual net sales of nearly $8 billion, we turn grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers located worldwide and approximately 12,000 employees, we co-create with customers and fulfill our purpose of bringing the potential of people, nature and technology together to make life better. Visit ingredion.com for more information and the latest company news. To learn more about our career opportunities, please visit www.ingredion.com/careers.
