Sr. Specialist Accounting

4 weeks ago

Louisville, United States Yum! Full time
Job Description

Department Header:

Responsible for the Accounts Receivable processing and support for assigned international markets. Partner with the Market Control team(s) to facilitate the accounts receivable duties for the assigned franchisees/business segments to ensure financial statement accuracy and compliance with US GAAP.

Salary Range: $52,000 to $58,000 annually + bonus eligibility (if applicable). This is the expected salary range for this position. Ultimately, in determining pay, we'll consider the successful candidate's location, experience, and other job-related factors.

Responsibilities

Partner with the Market Control team(s) to facilitate the accounts receivable duties for the assigned franchisees/business segments to ensure financial statement accuracy and compliance with US GAAP:

•Ensure monthly actual sales are reported by franchisees and uploaded to Krise. Verify that receivable transactions (royalties and fees) are recorded accurately and in accordance with our contract terms.

•Monitor and follow-up for unreported sales; escalate to Market Control and any franchisees not reporting

•Validate periodic sales accruals are posted, as necessary

•Initiate direct debit withdrawals from franchisee bank accounts in satisfaction of obligations and apply payments to outstanding receivables in JDE. Monitor direct debit rejections and work with franchisees to collect outstanding AR.

•Monitor foreign currency bank account(s) and perform cash application on a bi-weekly basis; address ad hoc queries from the Market Team and franchisees on aging balances and cash application.

•Generate billings to franchisees and third parties for miscellaneous services provided in JDE; record associated income and receivable based on the foreign currency requirement.

•Participate in monthly AR Aging reviews with the Market Control team(s) and review franchisees with collectability issues. Provide initial contact to franchisees in an attempt to collect outstanding obligations.

•Maintain master store data within JDE: i.e. new franchisees, new stores, closed stores, transfers, etc.

•Monitor and respond to franchisee inquires in a professional and timely manner

Minimum Requirements

•Some College Accounting courses

•2+ years public or private industry accounting experience

•Excellent communication skills, both verbal and written, and strong interpersonal skills a must

•Proven computer skills

Preferred Requirements

•Experience with a large International Company

•Proven analytical and financial reporting skills

•Experience with JDE and Microsoft products (such as Excel Pivot tables and vlookups)

•Understanding of foreign currency accounting

•Experience in the QSR or retail environment

About Us

Yum Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 55,000 restaurants in more than 155 countries and territories under the company's concepts - KFC, Taco Bell, Pizza Hut and the Habit Burger Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. The Habit Burger Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2023, the KFC, Taco Bell and Pizza Hut brands were ranked in the top five of Entrepreneur's Top Global Franchises Ranking. In addition, in 2023 Yum Brands was included on the Bloomberg Gender Equality Index; Forbes' list of America's Best Employers for Diversity; and Newsweek's lists recognizing America's Most Responsible Companies, America's Greatest Workplaces for Diversity and America's Greatest Workplaces for Women. In 2022, the Company was named to the Dow Jones Sustainability Index North America.

As the world's largest restaurant company, we have a clear and compelling mission: to build the world's most loved, trusted, and fastest-growing restaurant brands. The key and not-so-secret ingredient in our recipe for growth is our unrivaled culture and talent, which fuels our results. To that end, we're looking for talented, motivated, team-oriented individuals to join us and have the opportunity be your best, have fun, make friends, and make a positive impact.

We are excited about the future growth of our brands. In fact, as a company we are opening an average of 8 restaurants a day worldwide This growth creates endless opportunities for professional, as well as personal growth. Customer sentiment and love for our brands is the fuel for our excitement Taco Bell has been named one of the 10 Most Innovative Companies in the World by Fast Company. Pizza Hut delivers more pizzas than any other pizza company in the world, KFC's still uses its 75-year-old finger-lickin' good recipe, including secret herbs and spices to hand-bread its chicken every day, and the Habit Burger Grill is looking to expand its regional footprint across the country.

Check Out Some Of Our Great Benefits (Some available at HQ locations only)

  • Recognition based culture and unique, fun events year round
  • 401(k) with a 6% matching contribution from Yum Brands with immediate vesting
  • 4 weeks of vacation per year plus holidays
  • Onsite childcare through Bright Horizons
  • Onsite dining center (yes, you can eat KFC, Taco Bell or Pizza hut every day)
  • 2 paid days off per year to volunteer
  • Tuition reimbursement, education benefits and scholarship opportunities
  • Healthcare and dependent care flexible spending accounts
  • Company paid life insurance
  • Generous parental leave for all new parents and adoption assistance program
  • Onsite dry cleaning, laundry services, concierge
  • Onsite gym with fitness classes and personal trainer sessions
  • Discounts for life's adventures (ex: theme parks, wireless plans, etc.)
  • Comprehensive medical, vision and dental including prescription drug benefits and 100% preventive care
  • Grow Yourself Week which is devoted to your personal development

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