Senior Manager, Procurement and Contract Accounting

The Kraft Heinz Company•Chicago, IL

38d•$120,800 - $151,000•Onsite

About The Position

The Senior Manager, Procurement & Contract Accounting will oversee the accounting for the complete contract lifecycle in the North America Zone (NAZ), including preliminary review of draft agreements, Controllership approvals, and ongoing close monitoring activities subsequent to agreement execution. This individual will have a central role in synthesizing information and "connecting the dots" between disparate sources of information to drive the appropriate accounting conclusions across North America Controllership.

Requirements

Bachelor's degree or equivalent in Accounting or Finance
A minimum 7 years of relevant management experience, in accounting with mix of general ledger, technical accounting, and audit expertise preferred
Exceptional written communication skills and ability to simplify complex topics for Leadership, Controllership and non-accountant cross-functional partners
Unwavering sense of professional skepticism
Strong knowledge of US GAAP
Proactively seeks opportunities to continuously improve
Strong project management and organizational skills
Technology savvy with demonstrated ability to learn systems and processes quickly

Nice To Haves

CPA a plus
Familiarity with procurement process and contracts a plus

Responsibilities

Perform technical accounting review of all contracts that require North America Controllership approval under Company policy
Oversee all month-end close activities related to NA Procurement contracts including journal entries, account reconciliations, variance analyses, and ad hoc reporting
Research and apply accounting guidance and exercise sound judgment in determining the appropriate accounting for vendor rebates, penalties, true-ups, contingencies, and other accruals
Prepare and review summaries of negotiated commercial terms and accounting conclusions for presentation to Controllership leaders and CFOs
Serve as point of contact to Controllership and BU stakeholders for US GAAP recognition and financial policy questions arising from vendor contracts in North America
Monitor and communicate KHC financial policy findings and root causes to procurement leadership
Act as NA Controllership relationship owner with NA Procurement, Global Procurement Compliance, MAC (Management Action Committee) Facilitators, and NA Procurement Finance
Manage requests and communication with internal and external auditors related to vendor contracts and relevant SOX controls
Develop and facilitate formal training sessions with audiences of up to ~250 cross-functional participants
Periodically review and provide feedback on company-wide financial policies
Supervise two direct reports and three indirect reports

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.
Wellbeing: We offer 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, Recognition, Training
Emotional – Employee Assistance Program , Wellbeing Programs, Family Support Programs
Financial – 401k, Life, Accidental Death & Dismemberment, Disability