General information

All posting locations: Chicago, Illinois, United States of America

Job Function: 03 - Finance

Date Published: 30-Nov-2022

Ref #: R-61162

Description & Requirements

Position Summary

The Senior Accountant- Technical Accounting position will play an integral role in the Company’s financial leadership team regarding technical accounting matters related to US GAAP.  The position will support significant global projects across the greater Technical Accounting team including- but not limited to- supporting the annual goodwill and intangible asset impairment assessment- accounting for acquisitions/divestitures as they arise- and determining proper accounting treatment for complex and non-routine transactions.  This role provides exposure to many stakeholders of the Company and individuals within the global finance organization. This ideal candidate must be versatile and proactive with an ability to manage evolving priorities in a fast-paced environment.

Primary Responsibilities

  • Research technical accounting issues to ensure compliance with Company policy and US GAAP in various areas including- but not limited to- revenue recognition- rebates & incentives- contract accounting- leases- investments- consolidation- vendor financing- and goodwill/intangible assets
  • Partner with various teams within accounting- finance- and other functions to understand the nature of complex transactions and outline the resulting accounting outcome
  • Prepare accounting position papers summarizing our position with respect to complex transactions
  • Support all internal- external and SOX related audits
  • Support the External Reporting Team by providing assistance with SEC filings- where necessary
  • Assist with projects relating to M&A activity- accounting and reporting- as required
  • Supporting the annual goodwill and intangible asset impairment assessment process:
    • Collaborate with FP&A to review 5-year strategic plans (i.e. future cash flow forecasts) for global business units and Kraft Heinz brands that support the valuation
    • Documenting scoping considerations- valuation assumptions- and general impairment procedures
    • Reviewing results of valuation model outputs
    • Preparing related footnotes and disclosures for SEC filing

Qualifications

  • Bachelor's degree in Accounting or Finance Required- CPA preferred
  • Minimum of 2+ years of experience in public accounting with an emphasis in SEC engagements and experience in performing technical accounting research
  • Strong knowledge of US GAAP and SEC rules and regulations
  • Experience with Hyperion Financial Management- and SAP is a plus
  • Excellent analytical- teamwork- client service and leadership skills
  • Ability to effectively lead- manage and prioritize multiple projects- while effectively operating in a fast-paced- complex global organization with shifting schedules and priorities
  • Detail-oriented with a high sense of urgency and exceptional organizational skills
  • Strong work-ethic- communication skills (written and verbal)- and drive to learn

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 and 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.

Vaccination & Office Collaboration Expectations

Our highest priority is always the health, wellbeing, and safety of our Kraft Heinz family. We require our office-based, home-based, R&D, and sales team members to be fully vaccinated against COVID-19, unless approved for a medical or religious accommodation.

We believe our office environment fuels our collaboration, connection & community as an organization and allows our employees to grow toward greatness. We also believe providing a more flexible and agile model is essential in today’s workplace. A majority of our office-based employees will be able to work remotely for up to two days each week. Additionally, employees who are subject to this hybrid model will be eligible to work from anywhere for up to six weeks in a rolling 12-month period (in maximum two-week increments and according to benefits and tax guidelines). Some jobs may be required to be performed fully in office depending on the role’s responsibilities and requirements.

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 HRCompliance@kraftheinz.com for assistance.