McDonald's - Corporate
Chicago, Illinois, United States
Finance & Planning Specialist
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Job Description
McDonalds is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonalds remains one of the worlds leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.
At McDonalds, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.
We are enjoying the flexibility of a hybrid work model, in which employees spend part of their week connecting with co-workers in our state-of-the-art headquarters. Located in the booming West Loop of downtown Chicago, it's set up to be a global hub that cultivates collaboration:
- Take a class at Hamburger University
- Sample future items in our Test Kitchen
- Utilize the latest technology to connect with your team around the globe
We are an equal opportunity employer committed to the diversity of our crew members, staff, operators, and suppliers. We promote an inclusive work environment that creates feel-good moments for everyone.
Job Description:Following a hybrid work model out of our global headquarters in Chicago, IL (USA), the Finance & Planning Specialist will be responsible for Global Communications (GC) departmental and project-based finances. This role will ensure accounting information is recorded accurately and timely while providing insights for process improvements. Primary focus will be across three main areas - departmental finance support, project accounting and meeting & event revenue recognition.
Departmental Finance Support Responsibilities:
- Provide general financial guidance and support to GC while developing subject-matter expertise of McDonalds financial systems and policies.
- Lead departmental education and compliance training on topics including, but not limited to, budget management, invoice processing, records retention, and expense reporting.
- Conduct monthly review of departmental spend to ensure expenses are properly recorded and prepare journal entry recodes, as needed.
- Work with GBS Finance to process departmental invoices and check receipts.
- Develop departmental reporting by compiling data from various systems.
- Identify and implement improvements to GC financial processes to increase efficiency and effectiveness.
Project Accounting Responsibilities:
- Responsible for project spend and chargebacks while ensuring proper accounting treatment for project-related deposits and accruals.
- Track project-related spend from various sources including Beeline, manual invoices, iExpense and other internal sources.
- Develop strong working relationships with GBS Finance to ensure timely and accurate payment of invoices and proper vendor set-up.
- Work closely with the Creative Ops team to reconcile and internally charge back all projects on a timely basis.
- Oversee the year-end closeout process to ensure all costs are recorded in the proper period and all project billings are complete.
Meeting & Event Revenue Recognition:
- Reconcile credit card revenue related to meeting and event registration.
- Reconcile the Meetings & Events bank account against registration and credit card reports to ensure meeting revenue is properly recorded.
- Prepare journal entries to reimburse the meeting owner for registration revenue collected.
- Work with Global Treasury and Cashless teams to manage department merchant accounts.
- Bachelor's degree in business, accounting or finance is required.
- 2+ years of previous accounting experience is required.
- Advanced-level skills with Microsoft Office Suite.
- Exceptional written and verbal communication, interpersonal, organizational, customer service and teamwork skills.
- Previous experience collaborating with various stakeholders, both within a corporate finance or accounting environment and cross-functionally.
McDonalds is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonalds provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact mcdhrbenefits@us.mcd.com. Reasonable accommodations will be determined on a case-by-case basis.
McDonalds provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Nothing in this job posting or description should be construed as an offer or guarantee of employment.