Accountant, Cost Accounting

Kraft Heinz; Chicago (IL); On-site; USD 78,000 - 97,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

7% 401(k) matching

BRGs for diversity and inclusion

Total rewards with discretionary bonus

Wellbeing programs

Job summary

Kraft Heinz is seeking an Accountant, Cost Accounting in Chicago to support inventory costing for North America manufacturing operations. You will partner with finance, operations, and business contacts across levels, improving costing processes and automation to ensure accurate standard and actual costs.

The role emphasizes collaboration with cross-functional teams, data-driven insights, and actionable adjustments in a fast-paced environment.

Qualifications

• Bachelor's degree in accounting or finance.
• Strong knowledge of US GAAP.
• Demonstrated initiative and decision-making skills.
• Ability to work on multiple projects in a fast-paced environment.
• Critical thinking and problem-solving skills.
• Ability to analyze detailed data and deliver actionable adjustments.
• Excellent interpersonal, organizational, and communications skills.

Responsibilities

• Refine and execute month-end close journal entries, covering variance pass backs, deferred expenses, manual inventory adjustments, and cost component analysis.
• Provide accounting guidance to both accounting and non-accounting colleagues.
• Define and implement process improvements for closing with accuracy and efficiency.
• Become proficient in SAP Material Ledger (ML) close process.
• Improve the clarity of documentation and insights from Blackline reconciliations and SOX controls for costing and adjustments.
• Support personnel at assigned locations with ad hoc accounting information and analysis.
• Consolidate and publish variance reporting analysis.
• Develop and conduct training sessions and project deliverables as needed.

Skills

US GAAP knowledge

Analytical thinking

Communication skills

Multi-project management

Education

Bachelor's degree in accounting or finance

Tools

SAP

Microsoft Excel

Job description

Job DescriptionHere 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!

Job DescriptionHere 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!

Accountant, Cost Accounting At a Glance….

• This role reports to the Accountant, Cost Accounting, and will support the appropriate costing and oversight of inventory for Kraft Heinz-owned manufacturing operations throughout the North America zone.
• This role calls for strong business partnership with finance, operations, and business contacts at a variety of levels, including corporate supply chain finance, manufacturing plant controllers, commercialization teams, and data management stewards.
• Key opportunities for enhancement include elevating and simplifying the annual costing process, partnering with crucial innovation partners to ensure new product development can be timely launched, and developing automation or new reporting to support the accuracy of both standard and actual costing and associated variances.

What’s on the menu?

The following are key tasks/projects that will be owned by the Accountant, Cost Accounting:

• Refine and execute month-end close journal entries, covering topics such as variance pass backs, deferred expenses, manual inventory adjustments, and cost component analysis.
• Provide accounting guidance to both accounting and non-accounting colleagues.
• Define and implement process improvements for closing with accuracy and efficiency.
• Become proficient in SAP Material Ledger (ML) close process.
• Improve the clarity of documentation and insights gained from Blackline account reconciliations and Sarbanes-Oxley controls pertaining to inventory costing and adjustments.
• Support personnel at assigned locations and their associated business unit management with ad hoc accounting information and analysis.
• Consolidate and publish variance reporting analysis.
• Develop and conduct training sessions and project deliverables as needed.

Recipe for Success –

• Bachelor's degree in accounting or finance
• Strong knowledge of US GAAP
• Demonstrated initiative and decision-making skills
• Ability to work on multiple projects in a fast-paced environment
• Critical thinking and problem-solving skills
• Ability to analyze detailed data and deliver actionable adjustments
• Excellent interpersonal, organizational, and communications skills

Preferences

• Experience with SAP
• Cost accounting experience or academic studies
• Microsoft Excel skills

Our Total Rewards philosophy is to provide a meaningful and flexible spectrum of programs that equitably support our diverse workforce and their families and complement Kraft Heinz' strategy and values.

New Hire Base Salary Range

$77,800.00 - $97,300.00

Bonus: This position is eligible for a performance-based bonus as provided by the plan terms and governing documents.

The compensation offered will take into account internal equity and may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors

Benefits: 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. 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.

Benefits You'll be able to participate in a variety of benefits and wellbeing programs that may vary by role, country, region, union status, and other employment status factors, for example:

• 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

Location(s): Chicago/Aon Center

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 [e-mail] for assistance.