Sr. Manager, Consolidations & Technical Accounting in Charlotte, North Carolina at Krispy Kreme

Since its founding in 1937, Krispy Kreme's focus has remained the same - making fresh doughnuts using our founder's original recipe. The brand's iconic Hot Light lets consumers know when doughnuts are being made in the shop so they can stop in and enjoy them hot, right off the line.

Krispy Kreme's Senior Manager, Consolidations & Technical Accounting, is responsible for leading Krispy Kreme's global consolidations and technical accounting functions. This role oversees the monthly global consolidation process, intercompany accounting, equity method investments, technical accounting research, accounting policy governance, and key internal controls to ensure accurate financial reporting in accordance with U.S. GAAP and SEC requirements. The Senior Manager partners closely with FP&A, Tax, Treasury, Legal, Internal Audit, SEC Reporting, and international finance teams to support complex transactions, business initiatives, and continuous improvement of the Company's accounting processes.

A TASTE OF WHAT YOU WILL BE DOING:

Financial Close & Consolidations

• Lead the monthly, quarterly, and annual global consolidation process, ensuring timely and accurate financial reporting.
• Oversee consolidation of domestic and international subsidiaries, including ownership structure changes and foreign currency translation.
• Review consolidation journal entries, account reconciliations, and supporting schedules.
• Support quarterly and annual SEC reporting related to consolidated financial statements.

Technical Accounting & Accounting Policy

• Lead technical accounting research for complex transactions, new business initiatives, and emerging accounting standards.
• Prepare and review technical accounting memoranda supporting accounting conclusions under U.S. GAAP.
• Serve as owner of the Company's accounting policies and ensure consistent application across the organization.
• Monitor new accounting pronouncements and coordinate implementation of adopted standards.

Intercompany & Equity Method Accounting

• Oversee intercompany accounting, reconciliations, settlements, and elimination processes.
• Lead accounting and reporting for equity method investments, including earnings recognition, impairment assessments, and disclosures.
• Partner with domestic and international finance teams to resolve intercompany accounting issues.

Internal Controls & Compliance

• Own SOX controls and governance activities related to consolidations, subsidiaries, intercompany accounting, and technical accounting.
• Maintain strong internal controls over financial reporting and support internal and external audit activities.
• Drive improvements in close, consolidation, and reporting processes.

Business Partnership

• Partner with FP&A, Tax, Treasury, Legal, SEC Reporting, Internal Audit, and international finance teams on accounting and reporting matters.
• Provide accounting guidance for acquisitions, divestitures, restructurings, financing transactions, and other strategic initiatives.
• Support system implementations and finance transformation initiatives affecting the close and consolidation process.

Leadership

• Lead, coach, mentor, and develop the Consolidations & Technical Accounting team.
• Establish priorities and ensure timely execution of key deliverables.
• Drive a culture of accountability, collaboration, and continuous improvement.

YOUR RECIPE FOR SUCCESS:

• Bachelor's degree in Accounting or Finance.
• CPA required.
• 8+ years of progressive accounting experience, including public accounting and/or public company experience.
• Strong knowledge of U.S. GAAP, SEC reporting, consolidations, intercompany accounting, and equity method accounting.
• Experience leading technical accounting analyses and working with external auditors.
• Excellent analytical, communication, leadership, and project management skills.
• Preferred Experience
• Big Four or national public accounting experience preferred.
• Experience in an SEC registrant and multinational organization preferred.
• Experience with Oracle ERP, consolidation systems, and SOX compliance preferred.
• Experience leading finance transformation and process improvement initiatives preferred.

*The above statements are intended to describe the general nature of work performed by the employees assigned to this job and are not the official job description for the position. The official job description will be provided during the application/interview process.

BENEFITS:

• Comprehensive benefits (medical, vision, and dental insurance)
• Employee discount program
• 401K plan
• Generous PTO Plan
• Company events
• Education Reimbursement
• Adoption Assistance
• Life Insurance
• FSA/HSA Plans
• Pet Insurance

Learn more at www.kkbenefits.com

WHY KRISPY KREME?

At Krispy Kreme, we focus on:

• Loving People:
• Our global culture is best captured by our Leadership Mix, a dozen behaviors that define how we work with one another across the world and give back to our communities. Check out our leadership mix here.
• Belonging happens once each Krispy Kremer knows their bold authentic self is welcomed, dignified, and loved, where their wonderfully original identities flourish and thrive.

• Loving Communities:
• At Krispy Kreme, sharing joy is at the center of everything we do, and we strive to inspire this in our communities. Our brand purpose truly shines through our Acts of Joy and community fundraising initiatives.
• In the U.S., we have been donating unsold doughnuts to local food banks, with a goal of bringing a smile to our consumers as they enjoy a small, sweet treat. We partner with Feeding America and Convoy of Hope, who in turn partner with organizations nationwide to distribute donations to people in need through diverse types of programs and services.
• In 2022, we helped community groups raise $40 million globally. Last year in the U.S., we supported more than 83,000 fundraising events, raising nearly $37 million.

• Loving Planet:
• We have been conducting a multi-year global GHG emissions assessment to establish an emissions baseline, using this foundation to soon set goals for greenhouse gas emission reductions.
• We are working on reducing food waste through donation efforts, animal feed, and composting programs.

Krispy Kreme is an Equal Opportunity Employer:

At Krispy Kreme, we believe that your originality sweetens our recipe. We value the diverse ingredients of the ethnicity, national origin, race, age, sex, gender, intersex, or veteran status of every individual. We strive for an inclusive culture that allows each of our peeps to bring their bold authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

About Krispy Kreme

Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 35 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing Ecommerce and delivery business with more than 14,000 fresh points of access. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities and the planet. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one of its many social media channels, including www.Facebook.com/KrispyKreme and www.Twitter.com/KrispyKreme.