Capital Accountant

Capital Accountant

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.

The Capital Accountant's responsibilities include supporting the management of controls over all capital expenditures through the purchase order process and assisting in the management of leases and insurance. This role will also play a strong role in the backup of fixed asset tracking and monitoring to ensure compliance with internal control audits for a rapidly growing manufacturing company.

Fixed Assets

Purchase Order Management

o Understand capital projects to analyze and ensure the validity and accuracy of purchase order requests

o Ensure purchase order coding is correct related to project number and capital expenses versus capital

o Enter purchase orders and utilize ERP system to track open purchase orders to eliminate the possibility of overspending

Act as the backup role for the Sr. Capital Accountant in managing the process for and entering new assets in the ERP system

Participate in ensuring compliance of fixed asset physicals for all plant assets

Assist in large project asset segregation initiatives

Leases

Understand lease accounting to support the lease reporting process

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

Risk Management - Insurance

Support the coordination and administration of Company's insurance policies with the Support of the Coca-Cola Risk Management Team

Prepare supporting information for renewal consideration

Manager the Certificate of Insurance request process

Other

Recommend process improvements and action plans

Perform other duties and participate in special projects as assigned

Skills / Qualifications Required

B.S. in Accounting / Finance

1-2 years of experience in Fixed Assets Accounting or related field required

Strong analytical, systems, and communication skills

Strong attention to detail and organizational skills

Ability to work in a fast-paced entrepreneurial environment

Highly curious and tolerant of ambiguity

Proficient in Microsoft products, database software and other applicable accounting software

Position Location : Chicago, IL

Reports To : Sr. Manager, Capital Controls & Governance Accounting

Travel Requirements : 5-10%

Exempt / Nonexempt : Exempt