Cost Analyst Chicago IL | The Midwestjobsearch Job board |

Cost Analyst

The Kraft Heinz Company
Chicago IL
Job Type: Full Time
Posting Date: 2/22/2021

About Us The Kraft Heinz Company is one of the largest food and beverage companies in the world, with eight $1 billion+ brands and global sales of approximately $25 billion. Were a globally trusted producer of high-quality, great-tasting, and nutritious foods for over 150 years. While Kraft Heinz is co-headquartered in Chicago and Pittsburgh, our brands are truly global, with products produced and marketed in over 40 countries. These beloved products include condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee, infant and nutrition products, and numerous other grocery products in a portfolio of more than 200 legacy and emerging brands. We spark joy around mealtime with our iconic brands, including Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Primal Kitchen, and Classico, among others. No matter the brand, were united under one vision: To sustainably grow by delighting more consumers globally . Bringing this vision to life is our team of 39,000+ food lovers, creative thinkers, and high performers worldwide. Together, we help provide meals to those in need through our global partnership with Rise Against Hunger. We also stand committed to responsible, sustainable practices that extend to every facet of our business, our consumers, and our communities. Every day, were transforming the food industry with bold thinking and unprecedented results. If you share our passion and are ready to create the future, build a legacy, and lead as a global citizen theres only one thing to do: join our table and lets make life delicious! Our Culture of Ownership, Meritocracy & Collaboration We're not afraid to think differently. Embrace new ideas. Dream big. We empower our people at every level from entry-level intern to senior leader to own their work. We share a responsibility to think like Owners to be mindful of the collective and sustained success of Kraft Heinz which we apply to every situation, every day. As part of Kraft Heinz, you're supported to grow and achieve. Youre expected to bring your authentic self to work every day, to lead with humility, and drive outstanding performance at every level and youll be rewarded. Youre given opportunities to leave a mark and build a legacy. But you wont do it alone. Youre supported by passionate teammates along the way, and our collective, collaborative spirit fuels our incredible progress. Job Description This position provides product costing support for manufacturing sites with exposure to both External Manufacturing and Kraft Heinz owned locations. The position interacts frequently with pillars of the ISC organization including Field Accounting Services, Manufacturing Finance, Plant Finance and Operations and will provide insights into the decision-making process as it relates to the monthly close process, major planning cycles, and managing of general costs. This position will enable an individual to gain a thorough awareness of the product costing and its implication to Kraft Heinzs financial goals. This position will also provide an opportunity to strengthen communication and organizational skills by working with multiple stakeholders. This position provides the candidate with opportunities to identify, lead, and drive process improvements within Product Costing, while working in a team environment and also provides extensive experience with SAP Material Ledger and SAP FI (General Ledger). Responsibilities Include: Lead in month end closing processes for complex manufacturing locations. Complete SAP Material Ledger Close Process. Analyze and resolve material ledger variances in monthly financial results in a timely manner. Actively participate in SAP Budgeting Process. Reconcile Material Ledger Inventory Accounts to FISupport assigned location(s) and BU management with ad hoc accounting information and analysis Work to ensure standardization of processes and adoption of "best practices" across locations Complete accurate & timely balance sheet reconciliations in Blackline. Ensure adherence to cost accounting principles, SOX and GAAPConduct peer reviews for completeness and accuracy. Observe physical inventories at External Manufacturing sites. Consolidate and publication of variance reporting templates. Participate/Lead project tasks as applicable Develop/Conduct training sessions/materials as needed Ad hoc projects as requested Qualifications: BS/BA in Accounting or Finance required 2+ years relevant work experience Ability to show initiative and help drive impactful decisions Ability to work in a fast-paced environment and multi-task A critical thinker, analytical problem-solver with ability to interpret data Strong attention to detail and organizational skills required. Excellent inter-personal skills and strong communication skills. Advanced Microsoft Excel skills Cost accounting experience desired SAP knowledge desired Location(s) Chicago/Aon Center Equal Opportunity Employerminorities/females/veterans/individuals with disabilities/sexual orientation/gender identity