Full Job Description
Kraft Heinz, The Company
As one of the world’s largest food and beverage companies, we are proud to spark joy around mealtimes with a global portfolio of more than 200 brands. Some are iconic master brands like Heinz, Kraft and Planters. Others are fast growing new sensations that defy status quo like DEVOUR and Primal Kitchen. No matter the brand, we are united under one vision To Be the Best Food Company, Growing a Better World . Bringing this vision to life are our 36,000+ teammates around the world, making food people love.
Together, we help provide meals to those in need through our global partnership and commitment with Rise Against Hunger. And we also stand committed to sustainability, and the health of our planet and its people.
Every day, we are transforming the food industry with bold thinking and unprecedented results. If you’re passionate like us - and ready to create the future, build on a storied legacy, and participate as a conscientious global citizen - there’s one thing to do join us.
Our Culture of Ownership, Meritocracy and Collaboration
We’re not afraid to think differently. Embrace new ideas. Dream big. It all comes down to the way we empower our people to own their work. It’s true Our employees are our competitive advantage.
As part of the Kraft Heinz family you’re supported to grow and achieve. You’re recognized and rewarded for outstanding performance at every level. You’re given the opportunity to leave your mark and build legacies. But you won’t do it alone. This is where our values and teamwork thrives and collaborative spirit fuels every day.
This role reports to a Core Accounting Manager and will support the general accounting and internal controls for various centralized operations in the United States zone. This role calls for strong business partnership with finance, operations, and manufacturing contacts at a variety of levels, including IT finance, risk management (i.e. insurance), tax accounting, the corporate Lease Accounting Center, and manufacturing plant controllers. Additionally, this role requires a high level of interaction with our offshore Shared Service resources. This role will have the opportunity to challenge the status quo with recurring processes, to make the job more efficient & free up time to focus on more value-add activities. Key opportunities for enhancement include automating and simplifying reconciliation of lease accounting and implementing new oversight procedures for IT projects.
This role is primarily responsible for accounting for the following key areas:
Review of select entries posted by the IT department that exceed designated thresholds
Review of account reconciliations prepared by IT department
Serve as primary contact for state & local tax team to gather updated tax estimates and payment information
Oversight and review of offshore shared services team to manage monthly accruals for tax liabilities
Review/Record quarterly true-up adjustments as estimates change and payments occur
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/brokers to gather updated valuation and status information for existing policies
Perform monthly reconciliation US 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 disclosure information
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/amortize prepaid assets and accrued liabilities
Prepare detailed account reconciliations for balance sheet accounts pertaining to the above areas
Month End Close Procedures
Kick off automated jobs with SAP during month close and check results to ensure monthly reporting is accurate including COGS allocations and Legal Entity segmentation.
Ability to challenge the status quo
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
Equal Opportunity Employer–minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity