12.09.2023
Sr Accountant, Core Accounting
U025 Kraft Foods Group Brands LLC Company
United States of America, Chicago, IL
Bachelors degree
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Job Description This role reports to the Manager of Core Accounting and will support general accounting and internal controls for various centralized operations in the North American zone. This role calls for strong business partnership with Finance, Operations, IT, Risk Management, Tax, Treasury, Lease Accounting, and Manufacturing. Additionally, this role requires a high level of interaction with our offshore Shared Service resources. The Sr Analyst will have the opportunity to challenge the status quo on recurring processes to make the job more efficient, resulting in more time for value-add activities. Key opportunities for enhancement include automating and simplifying reconciliation of lease accounting, updating the management and reporting of short-term investments, and other ad hoc process improvements as they arise. Key Components of the role: Serve as primary contact for state and local tax team to gather updated property tax estimates and payment information Review, record, and communicate property tax adjustments and changes in estimates Manage accounting for various workers compensation and life insurance policies, including monthly entries to record assets and liabilities, recognize gains/losses, and post adjustment/reclassify entries Serve as primary contact for Risk Management team and outside insurers and brokers to gather updated valuation and status information for existing policies Perform monthly reconciliation of NA leasing activity and maintain aging schedule of non-reconciled items Perform routine leasing adjustments including reclassifying sublease income reclassify entries and embedded lease true ups Compile quarterly leasing disclosures information for the Lease Accounting team Serve as primary contact to assist lease owners within the business (i.e., plant controllers, Logistics finance, facilities team) to address inquiries and ensure accuracy of their lease results Manage any ad-hoc transactions that require manual entries to establish and amortize prepaid assets and accrued liabilities Record and report on short-term investments, including time deposits and money market deposit accounts Prepare detailed account reconciliations for balance sheet accounts pertaining to the above areas Kick off automated jobs within SAP during the month close and review results to ensure monthly reporting is accurate, including COGS allocations and Legal Entity segmentation Minimum Qualifications Bachelor's degree in Accounting; CPA is a plus Minimum of three years of corporate accounting experience at a public company that included posting manual journal entries and monthly account reconciliations Or three years of combination of external audit, internal audit, and/or corporate accounting experience) Savvy preparer/approver of account reconciliations Technical Experience with any of the areas mentioned above is a plus Strong SAP foundation Strong knowledge of US GAAP and SEC rules and regulations Ability to effectively lead, manage, and prioritize multiple projects, while effectively operating in a fast-paced, complex, global organization Excellent interpersonal, written, and verbal communication, and conflict management skills Outstanding analytical, teamwork, customer service, and leadership skills Location(s) Chicago/Aon Center Kraft Heinz is an Equal Opportunity Employer – Underrepresented Ethnic Minority Groups/Women/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity and other protected classes. In order to ensure reasonable accommodation for protected individuals, applicants that require accommodation in the job application process may contact *****@******.com for assistance. ABOUT US Kraft Heinz is a global food company with a delicious heritage. With iconic and emerging food and beverage brands around the world, we deliver the best taste, fun and quality to every meal table we touch. We’re on a mission to disrupt not only our own business, but the global food industry. A consumer obsession and unexpected partnerships fuel our progress as we drive innovation across every part of our company. Around the world, our people are connected by a culture of ownership, agility and endless curiosity. We also believe in being good humans, who are working to improve our company, communities, and planet. We’re proud of where we’ve been – and even more thrilled about where we’re headed – as we nourish the world and lead the future of food. WHY US We grow our people to grow our business. We champion great people who bring ambition, curiosity, and high performance to the table as the guardians of our beloved and nostalgic brands. Good isn't good enough. We choose greatness every day by challenging the ordinary and making bold decisions. All while celebrating our wins - and our failures – as we work together to lead the future of food. Challenging the status quo takes talent. We invest in your purpose and potential by developing skills and nurturing strengths that leave a legacy on our business and a lasting impact on your career. Because great people make great companies, and we’re growing something great here at Kraft Heinz. INCLUSION MATTERS TO US Everyone is welcome at our table. In fact, we thrive on learning and growing from our diverse backgrounds and perspectives. Doesn’t matter who you are, where you’re from, or who makes your heart sing. We want you to show up as your authentic self, excited to work with amazing colleagues to solve complex challenges and innovate in an ever-changing industry. We’re committed to: Hiring and growing talent from diverse backgrounds and perspectives. Growing our Business Resource Groups — vibrant, celebrated communities that enhance our business through thought leadership employee engagement and professional development opportunities. Providing our managers and leaders high quality learning experiences to explore how to foster inclusion and belonging.
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