Accounting Associate, EAME

Job Summary Accounting Associate Are you ready to take your skills to the next level and make a real impact? 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, Hungary (hybrid role) . Be part of an accurate, collaborative, and solution-oriented team where together we can achieve greatness and make a real impact. Your potential is our inspiration. Where You'll Make a Difference Execute month-end, quarter-end, and year-end close activities to support accurate and timely financial reporting. Prepare and post journal entries, including accruals, prepayments, amortizations, and reclassifications. Perform balance sheet account reconciliations and resolve outstanding items in a timely manner. Analyze Profit & Loss and Balance Sheet fluctuations, providing meaningful insights and identifying potential risks. Monitor and clear suspense accounts, Goods Received/Invoice Received (GRIR) accounts, and intercompany transactions. Support fixed asset, lease, and inventory accounting activities in accordance with company policies and accounting standards. Collaborate with Controllership, Financial Planning & Analysis (FP&A), Tax, Treasury, Accounts Payable, and other key stakeholders to ensure smooth financial operations. Prepare supporting documentation for internal and external audits while ensuring compliance with internal controls and accounting policies. Drive continuous improvement by supporting standardization, automation, process documentation, and transition projects. What Makes You the Right Fit Bachelor's degree in Accounting, Finance, or a related field. 2–5 years of experience in accounting, finance, or a Shared Services environment. Solid understanding of general accounting principles and financial reporting processes. Experience working with Enterprise Resource Planning (ERP) systems such as SAP, Oracle, or similar platforms. Advanced Microsoft Excel skills and strong attention to detail. Strong analytical and problem-solving abilities with a proactive approach to issue resolution. Effective communication and stakeholder management skills in a global environment. Ability to prioritize tasks, manage multiple deadlines, and perform well in a fast-paced setting. Commitment to quality, compliance, and continuous improvement. How Would You Stand Out? Experience working in a Shared Service Center (SSC) or Global Business Services (GBS) organization. Knowledge of International Financial Reporting Standards (IFRS), United States Generally Accepted Accounting Principles (US GAAP), or local GAAP requirements. Experience with BlackLine or similar reconciliation and automation tools, and/or progress toward a professional accounting qualification such as ACCA, CPA, or CIMA. Why Choose Us? Hybrid working model supporting work-life balance. Professional onboarding and strong support from experienced finance professionals. Opportunity to work in a global, multicultural environment. Exposure to end-to-end Record-to-Report processes and continuous improvement initiatives. Training, learning, and career development opportunities from day one. Competitive compensation and benefits package. 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