Sr. Manager, Corporate Accounting

Ferrara Candy Co.; Chicago (IL); Hybrid; USD 114,000 - 160,000; Full time

Benefits offered by this job

Annual bonus

Paid time off

Benefits package

Health insurance

Job summary

Ferrara Candy Co. in Chicago seeks a Senior Manager, Corporate Accounting to lead the monthly close and ensure timely, accurate results across Fixed Assets, Leases, Intercompany, Royalties and Broker Commissions.

This role is part of the Corporate Accounting & Consolidations Group and requires in-person collaboration with cross-functional teams. The candidate will supervise the accounting team, coordinate with external auditors, and drive technical accounting guidance and process improvements.

Qualifications

• Bachelor's degree required; MBA preferred.
• CPA certification preferred.
• Strong knowledge of U.S. GAAP; IFRS experience is a plus.

Responsibilities

• Oversee monthly close process for multiple business units.
• Supervise monthly close, journal entries, reconciliations, and P&L/Balance Sheet reviews.
• Coordinate annual audit and quarterly reviews with external auditors.
• Ensure intercompany and related party accounting compliance.
• Provide GAAP interpretations and prepare technical memos.

Skills

U.S. GAAP knowledge

IFRS experience

Public company experience

CPG industry experience

CPA preferred

Education

Bachelor's degree

MBA preferred

CPA preferred

Tools

SAP

Job description

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At Ferrara, Ferrero, Fox’s Burton’s, and The Fine Biscuits Company, we’re loved by people of all generations for the joy we bring—and that joy is crafted by our people. Join us and explore a whole world to discover, where your passion will find its place.

Today, Ferrara is the #1 sugar confectioner in the U.S, with global sales in more than 40 countries. Ferrara boasts a passionate team of over 9,000 employees around the world who deliver and create hundreds of iconic and beloved products.

In the U.S., more than 67 million households annually enjoy our popular brands like NERDS®, Brach’s®, Jelly Belly®, SweeTARTS®, Laffy Taffy®, and Trolli®. In Brazil, Dori has become a household name with snacking products that include brands such as Dori, Gomets, Pettiz, and Yogurte 100. And, in France, Carambar & Co have earned generations of loyal customers through the timeless appeal of iconic candy and chocolate brands such as Carambar, Lutti, Krema, Poulain, Vichy and Terry’s. A privately held company, Ferrara Group is headquartered in Chicago. Ferrara boasts a network of over 30 locations in North America, South America, Europe and Asia Pacific that includes manufacturing, distribution, sales, and R&D facilities.

Due to the highly interactive and team-based nature of this role, in-person attendance for most of the workweek (i.e., 3 days or more) is essential for: effective communication including during in-person meetings, strong supervision, real-time problem-solving, and participation in cross-functional initiatives.

Want to make an impact?

The Senior Manager, Corporate Accounting is directly responsible for supervising the monthly close process and ensuring timely and accurate financial results for the Company's business units. Responsibilities span Fixed Assets, Leases, Intercompany/Related Party, Royalties and Broker Commissions. The role is part of the Corporate Accounting & Consolidations Group and works collaboratively and cross-functionally to drive accurate financial results, serving as a key player within the Finance organization.

Ways you will make a difference

• Monitor the monthly close process and maintain the monthly close schedule for accounting areas including Fixed Assets, Leases, Intercompany/Related Party.
• Manage Royalty and Broker Commission processes while providing analytics to the business team on key risks.
• Manage Lease and Fixed Asset accounting and reporting to ensure Project Systems and Lease database are accurate and reconciled with underlying business expectations.
• Lead Intercompany/Related Party processes to ensure appropriate legal and accounting compliance is maintained, including monthly related party confirmations; keep legal and tax teams current on all relationships.
• Assist in coordinating annual audit and quarterly review activities with external auditors. Manage communications with external auditors on financial statements and accounting issues to ensure agreement on disclosures.
• Review journal entries and account reconciliations; facilitate monthly P&L and Balance Sheet reviews.
• Supervise and develop direct reports, including Financial Analyst and Senior Accountant; define roles and responsibilities across the team.
• Monitor and ensure timely identification and compliance with evolving accounting guidance; provide U.S. GAAP interpretation and prepare technical memorandums documenting issues in a clear, logical, and comprehensive manner.
• Implement and maintain reporting procedures to comply with internal control requirements.
• Communicate and explain accounting issues and evolving accounting guidance to the management team.
• Support ad hoc projects including system and process implementations, reporting enhancements, and requests from key stakeholders.

Skills that will make you successful

Bachelor's degree required; MBA preferred

7–10 years of relevant accounting experience

CPA preferred

Strong U.S. GAAP knowledge required; IFRS experience highly preferred; heavy exposure to financial reporting, SAP experience is a plus

Public company experience preferred, CPG industry experience is a plus.

What We Offer

At Ferrara, we're proud to support our employees with comprehensive benefits that enhance health, financial wellness, and include paid time off (PTO). Eligible employees may also receive an annual bonus based on company performance. Learn more about our benefits at https://flimp.live/Ferrara-Benefits-Resource-Center

Compensation

The salary range for this role is $114,450 - $160,230 annually + 20% bonus potential.

Overall Rate

EQUAL OPPORTUNITY

We are proud to be an equal opportunity employer. In order to provide equal employment and advancement opportunities to all qualified applicants and employees, employment decisions and opportunities at Ferrara will be based on merit, qualifications, and abilities, without regard to race, color, creed, religion, sex, sexual orientation, gender identity and expression, marital or civil union status, national origin, ancestry, citizenship, age, military or veteran status, disability, handicap, genetic information, pregnancy (childbirth or related medical condition), or on any other basis prohibited by law. This policy governs all aspects of employment, including selection, job assignment, compensation, discipline, termination, and access to benefits and training.