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Hormel Foods Financial Accountant - Financial Reporting in Austin, Minnesota

FINANCIAL ACCOUNTANT – FINANCIAL REPORTING

Hormel Foods Corporation

ABOUT HORMEL FOODS — Inspired People. Inspired Food.

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, Skippy®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The Company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America’s most responsible companies by Newsweek, recognized on Fast Company’s list of the 100 Best Workplaces for Innovators, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The Company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit hormelfoods.com.

JOB DESCRIPTION:

As a part of the Financial Accounting and Reporting team, you will play a critical role in protecting Hormel’s strong reputation and history of success by ensuring the accuracy, timeliness, and relevance of financial reporting both internally and externally. The Financial Accountant – Financial Reporting is responsible for key accounting and period close subject areas, researching and analyzing accounting and disclosure matters, analyzing financial data, and assisting with the preparation of SEC filings. This role offers the opportunity to collaborate and contribute in a dynamic and fast-paced financial reporting environment and has high visibility to senior leadership.

This position reports to the SEC and Financial Reporting Manager.

RESPONSIBILITIES:

  • Support the SEC reporting process including Form 10-K, 10-Q, 8-K, and other investor materials. Responsibilities include preparing financial statements or other supporting notes and disclosures and performing the necessary research to ensure the filing is complete. Collaborate with the Financial Planning & Analysis (FP&A) and Investor Relations teams to ensure the accuracy of financial claims.

  • Perform monthly close and consolidation duties including preparing journal entries in the general ledger system, completing balance sheet reconciliations, and reviewing the Board of Directors reporting package.

  • Perform Controllership responsibilities for various technical matters including hedging programs and shares outstanding. Oversee compliance of all balance sheet reconciliations in accordance with policy.

  • Remain current with changes in GAAP, FASB, and SEC requirements, proactively communicating relevant changes and implications to the organization to ensure compliance and adherence to relevant guidelines.

  • Research accounting topics as guidance and/or the business changes, recognize implications, identify best practices, develop, document, and present recommendations to senior leadership.

  • Effectively coordinate and collaborate with cross functional teams including, but not limited to, FP&A, Investor Relations, Tax, Treasury, Legal, and HR.

  • Identify opportunities and drive change in support of continuous improvement.

  • Perform ad hoc financial analysis and provide insights for management as requested.

  • Support and work with internal and external auditors.

QUALIFICATIONS:

Required

  • A bachelor’s degree in accounting

  • 3+ years accounting experience

  • Keen attention to detail

  • Intellectual curiosity and resourcefulness

  • Strong organizational and project management skills paired with the ability to adapt as business needs change

  • Professional verbal and written communication skills

  • Ability to work with all levels of the organization

  • Continuously uphold professionalism, strong ethical character, and discretion with sensitive information

  • Strong Microsoft Excel skills

  • Must be a Citizen or National of the United States, a lawful, permanent resident, or have authorization to work in the United States.

  • Applicants must not now, or in the future, require sponsorship for an employment visa.

Preferred

  • CPA or CMA certification or intention to obtain certification

  • Public accounting experience or experience at a large public company

  • Knowledge of US GAAP and SEC regulations

  • Strong problem solving and decision-making skills, including the ability to research, interpret data, and form recommendations

  • Ability to work in a team environment on a variety of complex projects across multiple levels of management

  • Familiarity with Workiva, Oracle, and Smart View

LOCATION:

Austin, MN (relocation package available)

BENEFITS: Hormel Foods offers an excellent benefits package. Competitive base salary plus bonus, annual merit increase performance reviews, medical, dental, vision, non-contributory pension, profit sharing, 401(k), stock purchase plan, relocation assistance, paid vacation.

For immediate consideration, send apply online at: www.hormelfoods.com/careers

At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here: https://www.hormelfoods.com/about/diversity-and-inclusion/

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Requisition ID : 25839

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

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