Reporting & Consolidation Analyst
3 weeks ago
For more than 115 years, Ferrara has created sugar confections that enable moments of sweetness, celebration, and connection for candy lovers of all generations. Today, the company is the #1 sugar confectioner in the United States. Ferrara boasts a passionate team of nearly 9,000 employees creating and delivering hundreds of products sold under 20 popular brands like Brach’s®, NERDS®, SweeTARTS®, Laffy Taffy®, and Trolli® to more than 66 million U.S. households annually and popular Dori snacking products under brands such as Dori, Gomets, Pettiz, and Yogurte 100 in Brazil. Additionally, Jelly Belly, known world-wide for its confections, was acquired in November of 2023.
**Reporting & Consolidation Analyst**:
**Job Location: Chicago**:
**Want to make an impact?**:
The Reporting & Consolidations Analyst will be an integral individual in the financial reporting and consolidation process at Ferrara Candy. Given Ferrara’s growth objectives as evidenced by the recent acquisitions of Dori Alimentos and Jelly Belly, this newly created role will be critical to implementing and standardizing the global consolidation process and assisting with the financial reporting process at Ferrara. This role is part of the Corporate Accounting & Consolidations Group and works collaboratively and cross-functionally to drive accurate financial results and is a key player within the Finance organization.
**Ways you will make a difference**:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
- Assist in the preparation of consolidated financial statements in compliance with US GAAP on a monthly, quarterly and annual basis, ensuring the results are complete and accurate and delivered timely to key stakeholders
- Contribute to the consolidation process and ensure all parties submit financial data in accordance with deadlines and that appropriate reviews of information submitted are performed
- Oversee intercompany reconciliation among all the entities and prepare summary schedules for the intercompany transactions between business segments.
- Work on special projects, such as valuations, transactions, system implementations, other regulatory filings.
- Be a primary point of contact with FP&A for our annual budget process and with our external auditors during our year-end audit.
- Participate in the coordination, preparation and analysis of monthly, quarterly and annual financial statements to comply with GAAP and lender requirements.
- Support the team with technical accounting research and draft memos, including implementation of new FASB standards and ensuring proper GAAP accounting treatment on significant and/or non-standard transactions.
- Prepare spreadsheets and special project work as assigned.
- Safeguard the confidentiality of company financial information.
**Skills that will make you successful**:
The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Proactive approach - someone who addresses each task with a sense of urgency and is capable of generating a high volume of quality work products in a timely manner
- Track record of continuous improvement - an energetic individual is focused on the improvement of business processes, reporting, and controls within the finance and accounting team and across the organization
- Strong interpersonal skills - a relationship builder with a professional, open and confident style who can build bridges and work effectively across a complex organization and who has strong communication skills (written and verbal)
- Internal control focus - someone with knowledge of internal controls
- Good systems knowledge - experience and understanding of SAP and FCCS/HFM or similar enterprise systems
- High sense of accountability and integrity - someone who ensures adherence to all company policies and procedures and understands and demonstrates Ferrara’s core values.
**Experiences that will support your success**:
- Bachelor’s degree in Accounting. CPA and/or Master’s Degree preferred
- 1-3+ years experience in consolidations or relevant experience
- Experience in SAP preferred
- Experience in FCCS/HFM preferred
- 1-3 years working knowledge of US GAAP accounting standards and SOX control processes
- Experienced Microsoft Office user including creating formulas, pivot tables, v-look ups, etc. in Excel
- Experience in the CPG industry is preferred
- Public accounting experience, preferably with the Big 4, is preferred
- Ability to work overtime and effectively under tight time constraints as required at peak reporting periods
- Demonstrated ability to handle multiple projects simultaneously and prioritize accordingly
**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, qualificat
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