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Senior Analyst- Tax Reporting - Global Tax Accounting

Company: Kraft-Heinz
Location: Chicago
Posted on: June 9, 2024

Job Description:

General information

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

Job Function: 03 - Finance

Date Published: 22-May-2024

Ref #: R-82853

Description & Requirements

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, Tax Reporting at a Glance....

The Senior Analyst, T ax Reporting position provides an opportunity to be involved with income tax provisions, earnings and cash flow forecasts, tax accounting research, various business initiatives and process improvements. The successful candidate must have a strong desire to continue to strengthen their skills in accounting for income taxes and work with various areas of Finance including the Global Controllership, Forecast Planning and Analysis , Corporate Accounting & Consolidations, External Reporting, Treasury and the Corporate Mergers & Acquisition teams.

What's on the menu?

The Senior Analyst, T ax Reporting will provide assistance to ensure the delivery of complete and accurate tax provisioning calculations, including income tax expense, deferred taxes, current taxes payable and uncertain tax position reserves, including:

  • Develop and support the tax amounts in the US GAAP audited financial results reported quarterly to the SEC
  • Assist in the effective tax rate reconciliation and rate impacting items review, the P&L and tax cash forecast analyses and annual operating budgets
  • Update and maintain the detailed inventory of deferred tax assets and liabilities, including quarterly validations, and the inventory of uncertain tax position reserves
  • Substantiation of the income taxes payable accounts
  • Support the foreign affiliates' tax teams
  • Support global tax automation projects and process improvements
  • Tax function SOX controls and testing
  • Become proficient using the Company's tax provisioning software (OneSource Tax Provision), SAP and HFM accounting systems

    Recipe for Success - apply now if this sounds like you!
    • Bachelor's degree in Accounting or Finance required; CPA, Master's degree in Taxation or similar concentration strongly preferred
    • 3+ years of relevant tax experience preparing and reviewing US GAAP income tax provisions as well as experience in tax provisioning interaction between outside auditors and in-house team required (experience can be from working either on the CPA firm side, or on the client/industry side of US GAAP audits)
    • Technical proficiency in tax accounting matters, with the ability to challenge tax colleagues on technical matters and support positions taken based on tax knowledge and application of ASC 740 accounting rules to the relevant facts and circumstances
    • Experience in US corporate tax compliance, state taxation and tax audits
    • Experience with Sarbanes-Oxley section 404 key controls related to accounting for income tax
    • Prior experience using tax provisioning software
    • Strong written and verbal skills
    • Ability to multi-task and prioritize in complex situations with tight deadlines
    • Ability to work on a team and demonstrate flexibility with assignments
    • Strong working understanding offinancial statements
    • Working knowledge of tax law in key international jurisdictions

      About Us

      Kraft Heinz is a global food company with a delicious heritage. With iconic and emerging food and beverage brands around the world, we deliver the best taste, fun and quality to every meal table we touch. We're on a mission to disrupt not only our own business, but the global food industry. A consumer obsession and unexpected partnerships fuel our progress as we drive innovation across every part of our company.

      Around the world, our people are connected by a culture of ownership, agility and endless curiosity. We also believe in being good humans, who are working to improve our company, communities, and planet. We're proud of where we've been - and even more thrilled about where we're headed - as we nourish the world and lead the future of food.

      Why Us

      We grow our people to grow our business. We champion great people who bring ambition, curiosity, and high performance to the table as the guardians of our beloved and nostalgic brands. Good isn't good enough. We choose greatness every day by challenging the ordinary and making bold decisions. All while celebrating our wins - and our failures - as we work together to lead the future of food.

      Challenging the status quo takes talent. We invest in your purpose and potential by developing skills and nurturing strengths that leave a legacy on our business and a lasting impact on your career. Because great people make great companies, and we're growing something great here at Kraft Heinz.

      Office Collaboration & Hybrid Work Environment

      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 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 NATAI@kraftheinz.com.

Keywords: Kraft-Heinz, Chicago , Senior Analyst- Tax Reporting - Global Tax Accounting, Accounting, Auditing , Chicago, Illinois

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