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Technical Accounting Manager- Intangible Assets

Company: Kraft-Heinz
Location: Chicago
Posted on: November 19, 2023

Job Description:

General information

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

Job Function: 03 - Finance

Date Published: 15-Nov-2023

Ref #: R-76767

Description & Requirements

Position Summary

TheTechnical Accounting Manager, Intangible Assets owns accounting and reporting related to Kraft Heinz's global portfolio of iconic brands and goodwill, which total more than $75 billion.The primary responsibilities of this role entail the annual goodwill and other intangible assets annual test and the ongoing accounting of these assets. In this role, you will partner with global and zone finance to gain an understanding of brand and operating segments strategic plans. Additionally, the role requires significant collaboration with internal and external stakeholders, strong analytical skills, keen attention to detail, and the ability to manage shifting priorities and deliver on tight deadlines. Beyond accounting for intangible assets, you will also assist with or lead ad hoc projects related to M&A activity and other technical accounting matters. Strong financial systems knowledge or experience with deals or valuations is a bonus. Your ability to understand the flow of financial information across systems and teams, collaborate effectively with internal business partners and external specialists, and drive projects to completion will be critical to your success in this role. The ideal candidate will be comfortable managing large projects with multiple work streams and excel at written communication and control documentation. This is an exciting role in an elite accounting team with high visibility, and it is an excellent opportunity to learn the business and build relationships to catapult your career with Kraft Heinz.

Primary Responsibilities

  • Oversee team of 2-3 staff members
  • Develop and manage timeline for the annual goodwill and other intangible asset impairment testing
  • Review and analyze historical results, long-term forecasts, and forecast support used in valuations
  • Liaise with the third-party valuation firm to coordinate deliverables and review inputs and assumptions
  • Maintain strong internal controls and related documentation
  • Support internal and external audit work
  • Execute monthly goodwill and intangible asset routines (journal entries, account reconciliations, etc.)
  • Draft disclosures related to goodwill and intangible assets in quarterly and annual SEC filings
  • Prepare quarterly accounting analyses and related memoranda
  • Research technical accounting issues and develop positions to ensure compliance with accounting rules
  • Conduct special projects, as required

    • Bachelor's or Master's degree in Accounting required, CPA highly preferred
    • 5 years of relevant experience required
    • Proficiency with SOX compliance from prior public accounting audit experience with an emphasis in SEC engagements and/or industry experience at a large, public multi-national company
    • Excellent communication skills (written and verbal)
    • Detail-oriented with a high sense of urgency and exceptional organizational skills
    • Excellent interpersonal and conflict management skills with the ability to operate with a team, customer service, and leadership mentality
    • Ability to effectively lead, manage, and prioritize multiple projects, while operating in a fast-paced, complex global organization with shifting schedules and priorities

      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

Keywords: Kraft-Heinz, Chicago , Technical Accounting Manager- Intangible Assets, IT / Software / Systems , Chicago, Illinois

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