Job Description
Ready to make your mark at an iconic global powerhouse? Join Yum! Brands - the parent company behind Pizza Hut, Taco Bell, KFC, and Habit Burger & Grill - and be a part of our reinvention for Greater Growth.
We are a culture-driven company where innovation, collaboration, and passion fuel everything we do. We're embarking on a journey and seeking talented individuals to make an impact across a global company. Whether you're just starting out or stepping into leadership, you'll help shape our future by driving impact across the business and showcasing your smart, heart, and courage.
If you're ready to grow with a company that values curiosity, high-performance, and making a difference, join us. Let's build the future of Yum! together.
About the Job
The Analyst, Franchise Revenues is responsible for ongoing tasks such as period reporting, accounting for franchise and license revenues, and ensuring compliance with US GAAP and Corporate Policy. Quarterly and annual reporting duties include preparing schedules, assisting with management analysis, and supporting audits.
Responsibilities
* Responsible for period reporting and accounting for the franchise and license revenues, including preparation of franchise revenue pages in the internal management reporting package, review of the allowance for doubtful accounts in accordance with company policy and GAAP.
* Communicate significant/unusual items.
* Ensure franchise upfront fee revenues, franchise incentives expenses and the related deferred income and asset accounts, are recorded in accordance with US GAAP and company policy.
* Provide accounting support on any new franchise-related initiatives or transactions.
* Ensure proper accounting for upfront fees and franchise incentives to maintain the Revenue Recognition module in an appropriate system to track all upfront fees and incentives.
Quarterly and Annual Reporting Responsibilities
* Prepare quarterly and annual schedules in HFM to ensure timely and accurate submission to External Reporting including analysis and summaries on A/R, AFDA and franchise revenues and incentives.
* Assist in the preparation of MD&A including explanations for franchise fees and incentives.
* Support internal and external audit efforts.
Is This You?
* Degree in accounting, finance or related field or accounting qualification.
* 3+ years' accounting experience.
* Strong MS Excel skills and exposure to an ERP system.
* Experience in an international company.
* Strong relationship-building, collaboration, and development skills.
* Ability to manage deadlines effectively, prioritize work tasks, and handle a dynamic work environment.
* Strong analytical skills with the ability to synthesize complex information and draw insightful conclusions.
* Excellent communication skills, written and oral.
* A team player with integrity and a sound work ethic.
* Strong process-oriented mindset with high attention to detail.
Work Environment
This role is based out of our Restaurant Support Centre (RSC) in Woking (around 25 minutes by train from London Waterloo) and a minimum of 1 day per week in the RSC is required, plus occasional other days for team or market meetings.
Why Yum! Brands? (Work Hard, Pay-Hard)
We truly believe that where you work matters, and we know a thing or two about what makes employees happy.
* Half-day Fridays.
* Hybrid work arrangement.
* A world-famous recognition culture.
* Attractive and flexible employee benefits.
* Company and performance-related bonus.
* Competitive parental leave and flexible return to work options.
* Quarterly Recharge/Live Well Days across the organization to promote mental health and well-being.
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 to 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 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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