Assoc. Manager, LA&C Control

Provide leadership and support in the LA&C Control team processes to facilitate financial reporting.  This position is responsible for the complete, accurate and timely accounting and reporting for the PH LA&C Market and will maintain a deep understanding of detailed Control processes and propose opportunities for optimization.  This position reports to the Controller with close interaction with the Finance, Development and Legal teams. The candidate will also support and interact with other functions within the LA&C team (Marketing, Operations, R&D and HR) and will partner with Yum Reporting.

Salary Range: $97,000 to $115,000 annually + bonus eligibility. 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:

• Manage the complete monthly accounting close process for the PH brand including:
• ASC 606 – Revenue Recognition in the analysis and amortization of deferred liabilities and incentive assets, and the billing/recording of franchise services expenses and franchise services revenue. 
• Fixed Assets accounting [including ASC 842 – Lease Standard as applicable]
• Overall review of P&L detail and trends to question and/or reclassify entries as needed
• Timely review and submission of KPIs; e.g. Summary of Results to Division Control
• Timely and accurate completion of Roll-forward schedules to Division Control
• Preparation of monthly reporting package to PH Planning team and CFO, including cost center reporting
• Invoice franchisees for other support services provided and recognize the corresponding expense accurately, ensuring judicious billing while providing diligent follow-up support.
• Partner with Legal, Development and Yum Control to understand the nuances of each new development agreement with franchisees to ensure proper tracking and accounting in accordance with YUM policies.
• Manage the quarterly reporting process for the PH brand including:
• Prepare and analyze various P&L schedules in HFM and related to the MD&A [Management Discussion and Analysis] reporting package pages used by Yum! External Reporting to discuss financial results
• Prepare and analyze various balance sheet schedules in HFM and related to the Controllers Deck for key balance sheet captions, including analyzing and documenting large fluctuations vs. prior year-end
• Responsible for quarterly and/or annual accrual process with cost center owners in accordance with the various YUM Polices.
• Lead the quarterly Development Agreement review calls with the Directors of Development, Operations and Planning to ensure alignment on status and accounting of the various agreements. 
• Monthly preparation and review of a significant number of balance sheet account reconciliations, making sure reconciling items are documented and cleared timely
• Facilitate and lead the monthly PH Brazil local entity books, including providing data as needed to external tax partners and Yum Tax, submitting invoices to support ongoing tax cases, and performing reconciliations
• Support PH SOX Controls and Continuous Audit
• Other duties as assigned, including the support of Planning with Franchise Health

Minimum Requirements:

• Bachelor’s degree in accounting (CPA License preferred) 
• 6+ years of accounting and finance experience 
• Expert knowledge in Microsoft products (i.e. Excel Pivot tables, vLookup formulas, etc.)
• Ability to understand, interpret, and apply the Yum Accounting Policies.
• Able to effectively meet deadlines, multi-task in a fast paced and changing environment, be extremely organized, flexible, and willing to assume responsibility for special projects as they arise.
• Proven analytical, financial reporting and strategic thinker skills with a high degree of attention to details
• Excellent communication skills, both verbal and written, and demonstrated success in working on cross functional teams with strong interpersonal skills.
• Experience with JD Edwards & HFM preferred 

Benefits: Employees (and their eligible family members) may enroll in the following types of insurance coverage: medical, dental, vision, legal, and accidental death and dismemberment, as well as FSA/HSA (depending on enrolled medical plan). Yum! also provides short-term disability, long-term disability, and life insurance. Employees may enroll in our 401(k) plan. Yum! provides 4 weeks of vacation, paid sick leave, 10 paid holidays, a floating day off and 2 paid days for volunteer time each calendar year. To learn more about working at Yum! -Click here. 

At Yum!, one of our core values is to Believe in ALL People. This means seeing the value in everyone and unlocking their full potential to be their best self. YUM! Brands, Inc. (including its subsidiaries Yum Restaurant Services Group, LLC (“YRSG”) and Yum Connect, LLC (“Yum Digital and Technology”)(collectively, “Yum”) is proud to be an equal opportunity employer and is committed to equity, inclusion, and belonging for all dimensions of diversity.  We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other protected characteristic. Yum! is committed to working with and providing reasonable accommodation to applicants with disabilities or special needs.

US Job Seekers/Employees - Click here to view the “Know Your Rights” poster and supplement and the Pay Transparency Policy Statement.

This posting will be open for a minimum of two weeks. Applications will be accepted on an ongoing basis until a candidate is selected.

Beware of fake job postings using Yum! and/or our brand logos -- KFC, Pizza Hut, Taco Bell and Habit Burger & Grill -- on fraudulent sites. Yum! Brands only posts jobs on official career pages and never asks for money during onboarding. Avoid unsolicited contacts via Telegram, WhatsApp or similar social apps.

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.