Manager, Internal Controls

The Kraft Heinz Company; Chicago (IL); On-site; USD 104,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) matching

BRGs

Job summary

The Kraft Heinz Company in Chicago is seeking an Internal Controls Manager to lead risk control design and SOX testing across North America. This role will drive process improvements, ensure documentation accuracy, and oversee remediation activities with process owners.

You will oversee end-to-end control testing for procure-to-pay, order-to-cash, and record-to-report processes, while partnering with Global teams to standardize controls, improve efficiency, and support timely deliverables.

Qualifications

• 7+ years of work experience in a similar role with at least last 2 years of SOX experience as a lead or above.
• Minimum Education Qualification – CPA, CIA, CA, CMA, or MBA Finance.
• Good knowledge of accounting concepts and process/controls related to Financial Reporting, Order to Cash, Purchase to Pay, etc.
• Ability to support high quality level of SOX controls testing and other internal control initiatives.
• Strong written and oral communications skills in English.

Responsibilities

• Manage the overall risk management, internal control environment and compliance program.
• Conduct risk assessment at entity and process level in collaboration with stakeholders.
• Review end-to-end processes and perform control testing for design and operating effectiveness.
• Ensure process documentation is maintained and reflects changes in operations.
• Oversee SOX testing activities and remediation planning with process owners.

Skills

SOX experience

Regulatory compliance

Risk assessment

Internal controls

Financial reporting

ERP systems

MS Office

Communication

Leadership

Team management

Education

CPA, CIA, CA, CMA, or MBA Finance

Tools

ERP/Accounting systems

Reporting tools

Job description

Job Description

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!

Manager, Internal Controls at a glance….

The Internal Controls Manager will maintain a high standard of internal controls for accounting and/or financial operations by providing leadership and guidance with the assigned function(s). This role will manage the business process controls for the North American Segment of Kraft Heinz under the direction of the Internal Controls Leader. This role also serves as a subject matter expert (SME) through continuous improvements efforts within the assigned function(s).

What’s on the menu?

Technical Competence:

• Manage the overall risk management, internal control environment and compliance program to ensure that center can identify, assess, remediate, and monitor risks, control issues and non-compliance associated with its operations in alignment with the Groups framework, methodologies, and ways of working.
• Conduct risk assessment at entity and process level in collaboration with senior management and relevant stakeholders.
• Review the end-to-end processes (procure-to-pay, order-to-cash, record-to-report, hire-to-retire, etc.) and perform control testing to evaluate the design and operating effectiveness of internal controls and to identify opportunities for improvement including standardization, simplification, integration, automation, and optimization.
• Ensure that process documentation is in place and maintained as relevant and consistent to reflect changes in business operations and risk exposure and, supports the execution of internal controls and compliance requirements.
• Oversee the timely completion of SOX testing activities, including walk throughs and controls testing (design and operating effectiveness), and related process documentation,
• Oversee the timely identification, validation, and communication of control deficiencies, as well as development of remediation plans in collaboration with the process/control owners,
• Determine the impact of open deficiencies, individually and in aggregate and monitor progress of deficiency remediation and related testing.
• Work with Global SOX PMO and business process/ control owners for standardization of key controls and related testing process as part of implementation of Global Process Design
• Responsible for quality and timeliness of deliverables, including conclusions on control effectiveness and impact of control deficiencies.
• Improve the business process flow on a continual basis utilizing industry leading practices.
• Manage the team performance and ensure quality and timeliness of delivery.
• Identify, assess, and assist in selection of resources, and ensure role alignment of individuals.
• Manage personnel, facilitate performance assessments, and conduct feedback sessions.

Communication:

• Communicate effectively, verbally and in writing, by adopting appropriate communication style to individuals at all levels of the organization and remaining open to disagreement or new ideas.
• Articulate understanding of business areas under review and demonstrates thorough test work and solid rationale for potential control issues.

• 7+ years of work experience in a similar role with at least last 2 years of SOX experience as a lead or above
• Minimum Education Qualification – CPA, CIA, CA, CMA, or MBA Finance
• Good knowledge of accounting concepts and process/controls related to Financial Reporting, Order to Cash, Purchase to Pay, Commodity Trading, Treasury, Tax, Plant, Property & Equipment, Inventory, HR Payroll, etc
• Ability to support high quality level of SOX controls testing and other internal control initiatives
• Ability to work independently, efficiently and deliver high quality output under time pressure
• Strong written and oral communications skills in English along with interpersonal skills
• Strong problem solving & organization skills
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
• Experience with ERP/ Accounting systems and Reporting tools
• Strong team player and ability to partner with various stakeholders of respective domains

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:

$104,200.00 - $130,200.00

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 savingfor the future, we offer plans tailored to meet you and your family’s needs. Coveragefor 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 aphysical, social, emotional, and financial wellbeing lifestyle for our employees and their families.

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.