at The Kraft Heinz Foods Company in Chicago, Illinois, United States
Job Description
Job Description
Position Summary
The Manager, Derivative Accounting position will play a critical role in managing the accounting and reporting for financial instruments, from recording journal entries to providing required disclosures for SEC filings.This position will interact with Global Treasury, Tax, Legal, Financial Planning & Analysis, our global accounting teams, and external auditors.This position will perform technical accounting and SEC research in order to provide management with timely information for decision-making and analysis.The position will also assist in other significant projects, which vary based on the Company's business transactions and priorities (e.g., acquisitions, divestitures, new policies, new types of transactions, tax planning, cash repatriation, foreign currency matters, training initiatives, benchmarking, etc.).
Primary Responsibilities
Accounting and reporting: managing the accounting activity related to the company's financial instruments including foreign exchange contracts, cross currency contracts, interest rate swap contracts, and commodity futures and options contracts
Preparing and reviewing required disclosures to support SEC filings
Planning and analysis for open, closed, and potential derivative positions
Monitoring US GAAP and SEC developments and evaluating the impacts of new accounting and reporting rules
Researching and documenting technical accounting matters, including those related to ASC 815, Derivatives and Hedging and ASC 830, Foreign Currency Matters
Managing derivatives accounting software
Maintaining appropriate SOX controls over the areas of ownership
Working with external auditors
Assisting with projects relating to M&A activity, accounting and reporting, as required
Qualifications
Bachelor's degree in Accounting; CPA preferred
Strong knowledge of US GAAP and SEC rules and regulations
5+years of experience; some public accounting with emphasis in SEC engagements preferred
Experience overseeing a team of direct reports preferred
Ability to effectively lead, manage and prioritize multiple projects, while effectively operating in a fast-paced, complex global organization with shifting schedules and priorities
Experience with SAP, Hyperion Financial Management, Reval, and / or EKA CTRM a plus
Detail-oriented with the ability to work efficiently and achieve high quality results
Excellent analytical, teamwork, customer service and leadership skillsLocation(s)Chicago/Aon Center
Kraft Heinz is an Equal Opportunity Employer that prohibits discrimination or harassment of any type. All qualified applicants are considered for employment without regard to race, color, national origin, age, sex, sexual orientation, gender, gender identity or expression, disability status, protected veteran status, or any other characteristic protected by law. Applicants who require an accommodation to participate in the job application or hiring process should contact .
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.
