Sr. Director, Capital Governance & Internal Controls

Otherposted 7d ago

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.

job purpose: The Sr. Director, Capital Governance and Internal Controls is a highly skilled and strategic leader who will lead teams charged with managing 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 Sr. Director Capital Governance and Internal Controls is also 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. The ideal candidate will have extensive experience in managing multiple priorities in a fast-paced environment while coaching and mentoring a team of eight.

responsibilities:

Capital Governance
- 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.
- 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
- Evaluate and implement software/tools for more efficient/effective processes
- Direct the leasing team on the classification, analysis and accounting for leases
Risk Management
- Coordinate administration of fairlife’s insurance policies, including review of insurance premiums and claims
- Coordinate with Legal and Operations Executives on information for new policies/amendments and renewal considerations
- Enhance fairlife’s enterprise risk management program with focus on COSO 2017 principles and overall business continuity
Internal Controls
- Lead the continuous enhancement of the Internal Control over Financial Reporting (ICFR) program, establishing a scalable and sustainable control environment that aligns with public company requirements and parent company governance standards
- Partner with Accounting, Finance Operations, IT, and business leaders to identify control gaps, drive remediation efforts, and embed controls into core business processes,
- Serve as the primary advisor to executive leadership on ICFR matters, providing oversight of risk assessments, testing activities, deficiency evaluations, and certification readiness to support quarterly and annual management representations

skills/qualifications required:

B.S. in Accounting or Finance. CPA and/or MBA a plus
5-7 years of relevant general accounting or finance experience
2-3 years of lease and fixed asset experience
Strong analytical, systems and communications skills
Ability to develop high levels of credibility and forge solid and positive professional relationships with subordinates, peers, and upper management

how fairlife nourishes you:

At fairlife, we believe in better — and that includes how we support our people. We offer a comprehensive suite of benefits and wellbeing resources designed to support you physically, emotionally, socially, and financially, both in and out of work.

Comprehensive medical, dental, and vision coverage, effective day one!
Supplemental health plans (hospital indemnity, accident, and critical illness insurance)
Paid Time Off to recharge and support work-life balance
Paid parental leave & adoption assistance (up to $10,000)
Parental support & family care benefits, including childcare resources and lactation support
401(k) to support retirement planning with up to 9% in employer match
Wellness reimbursement (up to $500 for qualified wellbeing expenses)
Employee Assistance Program (EAP) for emotional wellbeing and work-life support
Company-paid life insurance and short-term disability
Employer HSA funding (for HDHP participants)
Tuition reimbursement (up to $10,000) and student loan repayment ($200/month)
Learning & development programs to unlock your full potential
Rewards & recognition, matching gifts, free product, and Business Resource Groups

fairlife’s nour!sh program is designed to meet you where you are — supporting your individual wellbeing journey while enabling you to do your best work every day.

position location: Chicago, IL

reports to: VP, Finance & Accounting

travel requirements: 10%

exempt/nonexempt: Exempt

*Base pay offered may vary depending on geography, job-related knowledge, skills, and experience. A full range of medical, financial, and/or other benefits, dependent on the position, is offered.

Base pay range:

$175,000—$225,000 USD

fairlife, LLC is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. All qualified applicants and employees will be given equal opportunity. Selection decisions are based on job-related factors.

In addition to its nondiscrimination commitment, the Company will also provide reasonable accommodation of qualified individuals with known disabilities unless doing so would impose an undue hardship on the Company. If you have a disability and would like to request accommodation in order to apply for a position with us, please email careers@fairlife.com.

For Recruitment Agencies

At fairlife, we manage the majority of our hiring internally through our dedicated Talent Acquisition team, which is actively engaged in direct candidate sourcing. Most of our roles are filled through applications submitted via our careers site or through direct outreach by our team.

As our recruitment is primarily handled in-house, we work only occasionally with external agencies, and only those on our existing, pre-approved vendor list. At this time, we are not reviewing or expanding that list.

Unsolicited resumes or submissions from external agencies not authorized by our Talent Acquisition team will be considered direct candidate applications. As such, fairlife will not assume responsibility for any placement fees associated with these submissions.