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Senior Accountant, Contracts & Technical Accountin

at The Kraft Heinz Foods Company in Chicago, Illinois, United States

Job Description

About Us
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. 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.

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.
Job Description
Position Summary
This Senior Accountant will play a critical role in providing technical accounting support for the Company. This role liaises across multiple functions and coordinates the flow of information between multiple levels of management. This position will work closely with Procurement, Finance, Accounting, and other functions to ensure contracts are accurately planned, approved and reported. This position will perform accounting research in order to provide management with timely information for decision-making. The position will also focus on continuous improvement to align business processes with accounting requirements in a constantly changing environment.

Primary Responsibilities
Prepare technical accounting documentation for procurement, manufacturing, licensing, sales, and other relevant contracts as required to support the retained business as well as divestiture initiatives at Kraft Heinz
Partner cross-functionally to understand the financial impacts of the Company's contracts, provide structuring advice and propose feasible alternatives early in the process
Facilitate the approval of contracts through multiple levels of management in multiple functions, using the Company's global contract management system
Report the accounting conclusions reached to other members within the Controllership, to ensure the related transactions are recorded and disclosed accurately
Prepare documentation, journal entries, and reconciliations for proper recognition of rebates, contractual penalty accruals, and other procurement-related transactions in accordance with US GAAP and internal financial policies
Support the effective design and operation of SOX controls related to the contract review and approval process
Research ad hoc technical accounting matters and develop draft accounting memos supporting accounting position

Qualifications
Bachelor's degree or equivalent in Accounting required, CPA or CMA preferred
Minimum of 2+ years of experience including public accounting with emphasis in SEC engagements (Big 4 public accounting firm preferred)
Strong... For full info follow application link.

It is the continuing policy of The Kraft Heinz Company to afford full equal employment opportunity to qualified employees and applicants, regardless of their race, color, religion, sex, national origin, age, physical or mental handicaps, military or veteran status, sexual preference, or any other protected condition or characteristic in conformity with all applicable federal, state, provincial and local laws and regulations.
Final candidates must be legally authorized to work in the United States without Company sponsorship. Exceptions requesting work visa sponsorship will be reviewed on a case to case basis.

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Job Posting: 10972295

Posted On: May 30, 2023

Updated On: Jun 29, 2023

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