Senior Analyst, Integration & Separation Accounting – M & O

Kraft Heinz•Chicago, IL

3d•Onsite

About The Position

Here at Kraft Heinz, we grow our people to grow our business, because we believe that great people make great companies. When you join our table, you can expect access to an array of holistic wellness benefits and perks, including medical, dental and vision coverage, 7% 401(k) matching, Business Resource Groups (BRGs) to help foster diversity, inclusion, and belonging for all employees, an industry-leading total rewards package that emphasizes a high discretionary bonus. Benefits begin 30 days after hire for hourly employees, and immediately upon hire for salaried employees. Get a peek into life here at Kraft Heinz through our Instagram and TikTok channels! Senior Analyst, ISA at a glance…. The Senior Analyst, Integration & Separation Accounting, oversees the Manufacturing & Operations (M&O) accounting operations for divestitures, acquisitions, or other strategic transactions in order to yield timely, accurate, and meaningful information to aid management decisions. The role partners cross-functionally to assess deal impacts, define operating model and control requirements, and execute cutover activities including chart of accounts mapping, intercompany design, consolidation/reporting changes. The ideal person manages the Manufacturing and Operations accounting areas such as Inventory and all COGS accounts (variable & fixed) and recommends accounting policies in line with the latest GAAP and regulatory standards. The role demands broad knowledge of accounting practices and a strong grasp of P&L and balance sheet dynamics to prepare strategic recommendations to management and diligence partners. Success requires adaptability and comfort with ad hoc analyses in a fast-paced M&A environment.

Requirements

Bachelor’s degree in accounting or finance required, CPA or MBA preferred
Minimum 2 years of public accounting experience, transaction advisory experience, or accounting experience within the CPG industry
Should have cost accounting exposure and be knowledgeable in cost accounting methods allowed by US GAAP
Ability to produce high quality work in ambiguous environments, analytically interpret financial information, and improve business processes
Display a business partnership mindset and work seamlessly across business functions

Nice To Haves

Experience with Excel, SAP, Claude or CoPilot, and Hyperion Financial Management a plus

Responsibilities

Own the integration & separation lifecycle coverage (diligence support, planning, process design, TSA execution, external manufacturing agreements, and stabilization)
Prepare diligence requests for potential M&A transactions to inform adjustments and the management report.
Design processes to enable smooth transition during a divestiture or acquisition and communicate processes to the broader finance and accounting organization
Construct, deliver, and present buyer-facing reporting packages to provide supporting documentation for carved financial statements and substantiate carve accuracy.
Drive the execution of M&O accounting for divestitures and mergers by performing full financial statement reconciliations, journal entries, analysis, and month-end processes
Execute month-end close procedures to properly account for TSA activity by leveraging expertise in material ledger costing, overhead absorption, capitalization policies, and BOM/routing master data
Work closely with third parties and cross-functional departments to coordinate all necessary deliverables
Establish a repeatable framework and build a ‘playbook’ flexible enough to routinize the acquisition/divestiture cycles

Benefits

medical, dental and vision coverage
7% 401(k) matching
Business Resource Groups (BRGs)
industry-leading total rewards package that emphasizes a high discretionary bonus
Coverage for benefits will be in accordance with the terms and conditions of the applicable plans and associated governing plan documents.
Coverage for employees (and their eligible dependents) through affordable access to healthcare, protection, and saving for the future, we offer plans tailored to meet you and your family’s needs.
Events, resources, and learning opportunities that inspire a physical, social, emotional, and financial well-being lifestyle for our employees and their families.
Physical - Medical, Prescription Drug, Dental, Vision, Screenings/Assessments
Social - Paid Time Off, Company Holidays, Leave of Absence, Flexible Work Arrangements, Recognition, Training
Emotional – Employee Assistance Program , Wellbeing Programs, Family Support Programs
Financial – 401k, Life, Accidental Death & Dismemberment, Disability