Sr. Manager, Accounting, Capital Controls & Governance
$120k - $140k USD
fairlife, LLC is a Chicago-based nutrition company that creates great-tasting, nutrition-rich and dairy products to nourish consumers.
With over $3B in annual retail sales, fairlife’s portfolio of delicious, lactose-free, real dairy products includes: fairlife® ultra-filtered milk; Core Power® High Protein Shakes, a sports nutrition drink to support post-workout recovery; fairlife® nutrition plan™, a nutrition shake to support the journey to better health.
A wholly owned subsidiary of The Coca-Cola company, fairlife, LLC has been recognized by both Fast Company and Nielsen for its industry leading innovation.
To learn more about fairlife and its complete line of products, please visit fairlife.com.
job purpose:
The Sr Manager Capital Controls and Governance Accounting is a highly skilled and strategic leader who will lead and manage the accounting, risks, controls and processes around the Company’s fixed assets, leases, and compliance with GAAP to support The Coca-Cola Company’s governance guidelines. The ideal candidate will have extensive experience in managing multiple priorities in a fast-paced environment while coaching and mentoring a team of one.
responsibilities:
Fixed Asset and Capital
· Direct the accounting and management of the company’s fixed assets, including asset capitalization, depreciation, and impairment
· Establish and enforce policies and procedures for the accurate tracking, recording, and reporting of fixed assets.
· Manage fixed asset reconciliations and conduct regular reviews to ensure that fixed asset records are up to date and accurate per governance guidelines
· Develop and communicate standard operating procedures to ensure that there is an effective and efficient system of internal controls and processes
· Direct lease review, designation, and accounting
o Lease analysis and category designation
o Monthly, quarterly and annual reconciliation and reporting
o Ensure proper Chart of Authority adherence prior to lease execution
· Request for Authorization (RFA)
o Prepare RFAs for submission
o Ensure alignment on accounting treatment with Accounting Research
o Communicate, socialize and track approval status to ensure timely execution
Risk Management
· Coordinate administration of Company’s insurance policies
· Prepare supporting information for renewal consideration
· Audit insurance premiums
Consolidation efforts with Coca-Cola North America Operating Unit
· Accounting compliance research. Ensure compliance with U.S. Generally Accepted Accounting Principles and other relevant financial reporting regulations
· Responsible for the communication of and adherence to Coca-Cola’s policy related to asset purchases and leases
Other
· Recommend process improvement and action plans
· Various projects and responsibilities as assigned
· Perform ad hoc financial analysis as required
· Perform other duties and participate in special projects as assigned
· Investigate opportunities to reduce Company risk and streamline processes
skills/qualifications required:
· B.S. in Accounting or Finance. CPA and/or MBA a plus
· 5-7 years of relevant general accounting or finance experience
· 2-3 years of lease and fixed asset experience
· Strong analytical and problem solving, systems and communications skills
· Strong knowledge of US GAAP and financial reporting. Proficient in technical accounting research
· Ability to develop high levels of credibility and forge solid and positive professional relationships with subordinates, peers, and upper management
· Proficient in Microsoft products, database software and other applicable accounting and financial software and systems
· Proficient in ERP fixed asset modules. Implementation a plus
· Ability to work in a fast-paced entrepreneurial environment
· Ability to handle multiple tasks simultaneously and switch between tasks quickly
· Leadership
How fairlife Nourishes You
At fairlife, we believe in better — and that includes how we support our people. We offer a comprehensive suite of benefits and wellbeing resources designed to support you physically, emotionally, socially, and financially, both in and out of work.
- Comprehensive medical, dental, and vision coverage
- Supplemental health plans (hospital indemnity, accident, and critical illness insurance)
- Paid Time Off to recharge and support work-life balance
- Paid parental leave & adoption assistance (up to $10,000)
- Parental support & family care benefits, including childcare resources and lactation support
- 401(k) to support retirement planning with up to 9% in employer match
- Wellness reimbursement (up to $500 for qualified wellbeing expenses)
- Employee Assistance Program (EAP) for emotional wellbeing and work-life support
- Company-paid life insurance and short-term disability
- Employer HSA funding (for HDHP participants)
- Tuition reimbursement (up to $10,000) and student loan repayment ($200/month)
- Learning & development programs to unlock your full potential
- Rewards & recognition, matching gifts, free product, and Business Resource Groups
fairlife’s nour!sh program is designed to meet you where you are — supporting your individual wellbeing journey while enabling you to do your best work every day.
position location: Chicago, Il
reports to: VP Finance and Accounting
travel requirements: 5-10%
exempt/nonexempt: exempt
#LI-Hybrid #LI-BB1
*Base pay offered may vary depending on geography, job-related knowledge, skills, and experience. A full range of medical, financial, and/or other benefits, dependent on the position, is offered.
Base pay range:
$120,000—$140,000 USD
fairlife, LLC is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. All qualified applicants and employees will be given equal opportunity. Selection decisions are based on job-related factors.
In addition to its nondiscrimination commitment, the Company will also provide reasonable accommodation of qualified individuals with known disabilities unless doing so would impose an undue hardship on the Company. If you have a disability and would like to request accommodation in order to apply for a position with us, please email careers@fairlife.com.
For Recruitment Agencies
At fairlife, we manage the majority of our hiring internally through our dedicated Talent Acquisition team, which is actively engaged in direct candidate sourcing. Most of our roles are filled through applications submitted via our careers site or through direct outreach by our team.
As our recruitment is primarily handled in-house, we work only occasionally with external agencies, and only those on our existing, pre-approved vendor list. At this time, we are not reviewing or expanding that list.
Unsolicited resumes or submissions from external agencies not authorized by our Talent Acquisition team will be considered direct candidate applications. As such, fairlife will not assume responsibility for any placement fees associated with these submissions.