Full Job Description
The Kraft Heinz Company is one of the largest food and beverage companies in the world, with eight $1 billion+ brands and global sales of approximately $25 billion. We’re a globally trusted producer of high-quality, great-tasting, and nutritious foods for over 150 years. While Kraft Heinz is co-headquartered in Chicago and Pittsburgh, our brands are truly global, with products produced and marketed in over 40 countries. These beloved products include condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee, infant and nutrition products, and numerous other grocery products in a portfolio of more than 200 legacy and emerging brands.
We spark joy around mealtime with our iconic brands, including Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Primal Kitchen, and Classico, among others.
No matter the brand, we’re united under one vision: To sustainably grow by delighting more consumers globally . Bringing this vision to life is our team of 39,000+ food lovers, creative thinkers, and high performers worldwide. Together, we help provide meals to those in need through our global partnership with Rise Against Hunger. We also stand committed to responsible, sustainable practices that extend to every facet of our business, our consumers, and our communities. Every day, we’re transforming the food industry with bold thinking and unprecedented results. If you share our passion – and are ready to create the future, build a legacy, and lead as a global citizen – there’s only one thing to do: join our table and let’s make life delicious!
Our Culture of Ownership, Meritocracy & Collaboration
We're not afraid to think differently. Embrace new ideas. Dream big. We empower our people at every level – from entry-level intern to senior leader – to own their work. We share a responsibility to think like Owners – to be mindful of the collective and sustained success of Kraft Heinz – which we apply to every situation, every day. As part of Kraft Heinz, you're supported to grow and achieve. You’re expected to bring your authentic self to work every day, to lead with humility, and drive outstanding performance at every level – and you’ll be rewarded. You’re given opportunities to leave a mark and build a legacy. But you won’t do it alone. You’re supported by passionate teammates along the way, and our collective, collaborative spirit fuels our incredible progress.
The Procurement Finance lead will provide essential financial support to the US based Procurement team. The position will serve as the voice of finance in the decision-making process as it relates to quarterly/annual reviews, monthly close process (including analysis and reporting). The position is key to drive behavior in Procurement to pursue strategic pricing and better negotiations and will focus on Direct Procurement (Ingredients and Packaging). In addition, the position interacts with the Operations group to support productivity efforts. This role manages a team of 3 in the Chicago office.
Lead the automation of all Procurement Finance Reports to produce process improvement for the team
Create financial models, implementing supporting tools, gathering market data to analyze trends and benchmarks
Control US Direct Procurement Operational cost (4.5B USD)
Streamlines processes – reduce “touches” of data
Responsible for managing all Procurement Footprint activities to generate savings
Simplify and roll out global best practices for procurement finance
Establish and maintain advanced analytics that enable deeper understanding and insight into procurement performance
Providing input to the development of long-range financial forecasts and related budgets, considering alternative scenarios and economic prospects as appropriate
Partnering with functional teams to integrate budgets and forecasts into business review
Driving forecast accuracy improvement process leveraging available data.
Proposing improvements to systems and methods of work and analysis, and contributing to ensuring that they are continuously adapted to business requirements
Supervise the annual budget process and monthly forecast process
Leading analytical projects to identify potential savings, partners with package owners to deliver savings for the U.S. procurement teams
Interact with Risk Management on market trends and hedging strategies
Support ad hoc requests and quantifying financials that results in a clear message for leadership and buyers
Monitor contractual events (rebates, obligations, penalties) and hold clear, open lines of communication with Controllership team to ensure proper accounting
Lead the SOX controls and run biannual price fluctuation analysis
BS in Finance, Accounting or Business Administration required
6+ years of experience in Finance/Accounting, FP&A role and evidence of analytical mindset preferred
Highly developed excel and systems expertise, SAP experience strongly preferred
Conversant in data manipulation tools and language
Strong business acumen, interpersonal, communication and negotiation skills
Motivated self-starter who can effectively work under pressure and manage multiple priorities
Team player who manages collaboratively with the ability to influence management, in most cases without authority
Exhibits strong analytical, written and verbal communication skills
Equal Opportunity Employer–minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity