Manager, Intercompany Accounting & Consolidation

Posted 9 Days Ago
Be an Early Applicant
Lake Forest, IL, USA
In-Office
100K-140K Annually
Senior level
Industrial • Manufacturing
The Role
Leads intercompany accounting, consolidation, month-end close, reconciliations, financial reporting, and internal controls across North American entities. Manages and develops the intercompany accounting team, resolves intercompany differences, partners with finance, operations, accounts payable, and auditors, and drives the transition to a standardized operating model. Oversees accounting systems, process automation, change management, compliance, and reporting insights.
Summary Generated by Built In
Company OverviewWhy Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Job Description

Key Responsibilities

  • Lead end-to-end intercompany accounting, consolidation, and financial reporting for all Novolex entities across North America, ensuring timely and accurate results.
  • Manage, coach, and develop the intercompany accounting team, including one Junior Manager and two Staff Accountants, with responsibility for hiring, performance management, workload allocation, and career development.
  • Own the intercompany month-end close calendar and execution, including establishing deadlines and reviewing and approving journal entries, reversals, reclassifications, reconciliations, and supporting schedules; prepare entries directly when necessary.
  • Oversee entity-level consolidation activities across SAP, OneStream, BlackLine, Baan, and PRMS, ensuring consistent application of accounting policies and compliance with financial reporting requirements.
  • Direct the investigation and resolution of intercompany differences, escalate significant or recurring issues, coordinate timely settlements, and ensure the integrity of intercompany balances across North American entities.
  • Review and approve general ledger, vendor, and customer reconciliations and variance analyses, ensuring reconciling items are properly supported, clearly explained, and resolved promptly.
  • Partner with Operations, Business Unit Finance, Accounts Payable, and external auditors to resolve accounting matters, fulfill audit requirements, and improve the accuracy and completeness of financial reporting.
  • Lead the transition of intercompany accounting activities from decentralized, entity-level execution to a standardized, scalable North American operating model, including process assessment, operating-model design, documentation, stakeholder alignment, knowledge transfer, automation, systems enhancement, and change management.
  • Analyze intercompany results, trends, and risks, and communicate clear insights and recommendations to Corporate Accounting leadership and other stakeholders.
  • Maintain a strong internal control environment and ensure compliance with applicable accounting standards, company policies, and close and reporting requirements.

Key Skills

  • Intercompany accounting and financial consolidation
  • Month-end close leadership and execution
  • People leadership, coaching, and performance management
  • Journal entry, account reconciliation, and financial review
  • Financial reporting, variance analysis, and problem-solving
  • Internal controls and accounting policy compliance
  • Accounting transformation, centralized operating-model design, process standardization, automation, and change management
  • Cross-functional collaboration and stakeholder management
  • Proficiency in SAP, OneStream, BlackLine, Baan, PRMS, and Microsoft Excel
  • Bachelor’s degree in Accounting, Finance, or a related field
  • Seven to ten years of progressive accounting experience, including intercompany accounting, consolidation, and demonstrated leadership responsibility

A reasonable estimate of the current range is $100,000-$140,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.


The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.


#LI-TM1

Company BenefitsWhat You'll Get From UsBenefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.


Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact [email protected].


Formerly Pactiv Evergreen

Skills Required

  • Bachelor’s degree in Accounting, Finance, or a related field
  • Seven to ten years of progressive accounting experience
  • Experience with intercompany accounting and financial consolidation
  • Experience leading month-end close activities
  • Demonstrated leadership responsibility and people management experience
  • Experience with journal entries, account reconciliations, financial review, and variance analysis
  • Knowledge of internal controls, accounting policies, and financial reporting requirements
  • Experience with accounting transformation, process standardization, automation, and change management
  • Proficiency in SAP, OneStream, BlackLine, Baan, PRMS, and Microsoft Excel

Novolex Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Novolex and has not been reviewed or approved by Novolex.

  • Healthcare Strength — Health coverage is described as broadly available, including medical, dental, and vision, with many finding the cost manageable. Experiences can vary by location and role, but core coverage and wellness resources are commonly highlighted.
  • Retirement Support — A 401(k) with employer matching is highlighted and is perceived as a meaningful component of the package. This benefit stands out among the more consistently praised elements despite site-to-site variations.
  • Leave & Time Off Breadth — Paid time off, paid breaks, and vacation are commonly offered across many roles. These provisions contribute to an overall benefits picture that is seen as acceptable to good depending on the facility.

Novolex Insights

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The Company
HQ: Charlotte, NC
23,000 Employees
Year Founded: 2003

What We Do

Novolex is a leading manufacturer of food, beverage, and specialty packaging serving foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial customers. Its innovative product portfolio helps businesses operate efficiently, meet evolving customer expectations, and deliver everyday essentials to millions of customers worldwide. The company’s manufacturing network spans North America and Europe and includes two plastic-film recycling centers.

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