Senior Analyst, Integration & Separation Accounting – M & O

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!

Senior Analyst, ISA at a glance….

The Senior Analyst, Integration & Separation Accounting, oversees the Manufacturing & Operations (M&O) accounting operations for divestitures, acquisitions, or other strategic transactions in order to yield timely, accurate, and meaningful information to aid management decisions. The role partners cross-functionally to assess deal impacts, define operating model and control requirements, and execute cutover activities including chart of accounts mapping, intercompany design, consolidation/reporting changes.

The ideal person manages the Manufacturing and Operations accounting areas such as Inventory and all COGS accounts (variable & fixed) and recommends accounting policies in line with the latest GAAP and regulatory standards. The role demands broad knowledge of accounting practices and a strong grasp of P&L and balance sheet dynamics to prepare strategic recommendations to management and diligence partners. Success requires adaptability and comfort with ad hoc analyses in a fast-paced M&A environment.

What’s on the menu?

• Own the integration & separation lifecycle coverage (diligence support, planning, process design, TSA execution, external manufacturing agreements, and stabilization)

• Prepare diligence requests for potential M&A transactions to inform adjustments and the management report.

• Design processes to enable smooth transition during a divestiture or acquisition and communicate processes to the broader finance and accounting organization

• Construct, deliver, and present buyer-facing reporting packages to provide supporting documentation for carved financial statements and substantiate carve accuracy.

• Drive the execution of M&O accounting for divestitures and mergers by performing full financial statement reconciliations, journal entries, analysis, and month-end processes

• Execute month-end close procedures to properly account for TSA activity by leveraging expertise in material ledger costing, overhead absorption, capitalization policies, and BOM/routing master data

• Work closely with third parties and cross-functional departments to coordinate all necessary deliverables

• Establish a repeatable framework and build a ‘playbook’ flexible enough to routinize the acquisition/divestiture cycles

Recipe for Success – apply now if this sounds like you!

• Bachelor’s degree in accounting or finance required, CPA or MBA preferred

• Minimum 2 years of public accounting experience, transaction advisory experience, or accounting experience within the CPG industry

• Should have cost accounting exposure and be knowledgeable in cost accounting methods allowed by US GAAP

• Ability to produce high quality work in ambiguous environments, analytically interpret financial information, and improve business processes

• Display a business partnership mindset and work seamlessly across business functions

• Experience with Excel, SAP, Claude or CoPilot, and Hyperion Financial Management a plus

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: $89,800.00 - $112,200.00

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 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.

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 NAZTAOps@kraftheinz.com for assistance.