Senior Accountant, Corporate Accounting
Ingredion Inc · Illinois
📍 Westchester, ILvia workday
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About Ingredion:
Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you’ve experienced our work in your favorite chocolate, your pet’s food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you’re just starting your career or bringing years of experience, there's a place for you here to make a real difference. Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create.
LOCATION: Westchester, IL
WORKPLACE TYPE: Hybrid
The Senior Accountant of Corporate Accounting will assist with legal entity management, assist with M&A transaction support, and the transaction and accounting workstreams for investments in (or divestitures of) joint ventures, intellectual property, intangible assets, and acquisitions, including integrating financial systems of newly acquired entities into SAP Central Finance (CFIN) and overseeing processes for intersegment transactions. In addition, this role will also assist with footnote preparation for financial reporting as well as cross train in other areas such as hedge, pensions, and leases. This role will report to the Sr. Manager, Corporate Accounting, Global Investments and Integrations
What you will do:
Global Investment Accounting Assist with accounting for corporate and global investments, intellectual property and intangible assets, partnerships, joint ventures, and acquisitions across global entities
Responsibilities may also include divestitures that we elect to align our resources for strategic growth
Assist with consolidation and equity method accounting per U.S. GAAP
Coordinate compliance with Ingredion Accounting Policies, which are in accordance with U.S. GAAP and SEC reporting requirements
Execute controls for accounting and financial reporting risks for investment activities
Assist with purchase accounting, coordinate valuations of acquired assets and liabilities, and assist with pro forma financial reporting and SEC disclosure filings, as required
Assist with accounting for intercompany transactions and legal entities, including eliminations and foreign currency impacts, for new mergers and acquisitions (M&A)
Assist with recording ongoing income/loss financial results for investments, including equity method investments
Assist with testing for potential impairment of investments and intangible assets, and set up documentation of impairment testing
Support purchase accounting and post-acquisition finance system alignment
Support and help resolve accounting differences between legacy systems and Ingredion’s SAP CFIN
Assist with drafting technical memos and accounting position papers for material transactions and routine assessments
Engage with external Big 4 auditor and segment controllers to ensure proper accounting and controls for investments and integrations, including establishing and updating opening balance sheets, evaluating and coordinating adjustments to opening balance sheets, and modifying depreciation and amortization as required during the integration period
SAP CFIN Integration Leadership Assist with driving successful financial integration of acquired companies into a unified SAP CFIN “book of record” environment
Assist with onboarding affiliates to CFIN
Assist acquired companies with financial solutions required to maintain effective internal controls for financial reporting and SOX controls
Assist with data mapping, process harmonization, and chart of account alignment across entities
Serve as the accounting SME in SAP CFIN projects, collaborating with IT, FP&A, and Internal Audit
Assist with the design and implement scalable processes to pull in data from decentralized ERP instances, including SAP S/4hana and SAP ECC, and optimize reporting performance
Month-End & Reporting record month-end close for integrated entities
Ensure consolidated reporting is accurate and automated via CFIN functionality
Partner with corporate consolidation team on intercompany eliminations and financial analysis
Set up, modify or coordinate financial reporting interfaces with Workiva Wdesk, SAP Group Reporting, and SAC planning
Controls & Compliance Assist with the Implementation internal control processes for new integrations aligned to Sarbanes-Oxley (SOX) and corporate governance requirements
Collaborate with external auditors during post-acquisition reviews
Team Collaboration & Project Management Coordinate cross-functional teams (IT, Legal, Treasury, Tax) to assess the accounting implications of deals and to coordinate for seamless onboarding of acquired financials
Develop Day 1 and Day 100 financial integration and/or reporting plans for acquired companies and joint venture entities
Liaise with external auditors to support quarterly reviews and annual audit activities relating to investments and integrations
Willingness to cross train in multiple other areas on the Corporate Accounting team inclusive of Pensions and Hedging to help create critical redundancies.
What you will bring:
Bachelor's degree in Accounting or Finance; CPA preferred
4+ years of corporate accounting experience, ideally within multinational companies
3+ years working with SAP ERP systems, with direct experience in SAP Central Finance highly desired
Proven track record of successful integration of acquired companies into consolidated systems
Strong knowledge of U.S. GAAP and SOX internal control environments
Recent experience in or with a large, publicly-traded, multinational, “Fortune 500” company
Manufacturing experience, preferably in consumer products, food or bioscience industries
Who you are:
Exceptional analytical, problem-solving, and communication skills
Ability to thrive in a fast-paced, change-driven environment
High level of integrity, attention to detail, and a commit
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