Senior Payroll Accountant

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