Sr. Director, Governance & Capital

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.

Position Summary

The Sr. Director, Capital Controls, Internal Audit 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, risk management 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 eight. The Sr. Director Audit is responsible for overseeing and ensuring that an effective internal control environment is in place, including effective SOX controls that are documented, retained, and reviewed by the required cadence. Other responsibilities include managing and supporting internal and external audit engagements

 

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
• Large capital projects:
  • Support the preparation and development of project master budgets for large projects
  • Design and manage financial models to support the management of project spend and project status. Ensure data integrity of data being used in reports and ad hoc requests
  • Facilitates regular status meeting with essential parties to ensure transparency of project status and expectations
  • Manage insurance requirement and necessary paperwork (i.e., lien waivers) to mitigate risk on large capital projects
• Direct lease review, designation, and accounting
  • Lease analysis and category designation
  • Monthly, quarterly and annual reconciliation and reporting
  • Ensure proper Chart of Authority adherence prior to lease execution
• Support team’s system implementations of D365 Project Management and external lease accounting tool among other finance transformation initiatives

 

Risk Management

• Coordinate administration of Company’s insurance policies with The Coca-Cola Company
• Review preparation of supporting information for renewal consideration
• Evaluate contracts with legal counsel’s and procurement’s support to ensure business terms and insurance requirements are acceptable when applicable

 

Internal Audit Controls

• Lead the evaluation of financial, operational, and compliance controls to ensure their design, implementation, and effectiveness
• Develop and implement audit strategies, plans and timelines
• Identify and assess risk exposure and help implement controls to mitigate risks and safeguard company assets
• Prepare clear and comprehensive reports for senior management, detailing audit findings and recommendations
• Ensure adherence to Sarbanes-Oxley (SOX) and internal policies
• Serve as key contact for internal and external audit engagements and requests
• Develop and communicate standard operating procedures to ensure that there is an effective and efficient system of internal controls

 

Leadership

• Guide, coach, and develop direct team members
• Build and maintain relationships with business unit management and associates, The Coca-Cola Company’s internal audit teams, and external auditors
• Ensure on-going training and guidance is in place, to ensure control performers and reviewers are effectively executing and documenting controls per evidence requirements

 

Other

• Perform other duties and lead special projects as assigned

 

Experience/Education:

• B.S. i