Chicago, Illinois, USA
13 days ago
Specialist, Fixed Assets

Company Description

McDonald’s 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 McDonald’s remains one of the world’s 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 McDonald’s, 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 UniversitySample future items in our Test KitchenUtilize 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

This role sits within our GBS Finance – North America group which records and reports on real estate transactions for over 2,000 franchisees and more than 15,000 restaurants in the U.S. and Canada. They are responsible for the calculation and billing of rents and service fees to franchisees and tenants, all lease related and real estate tax payment and accounting activities, and construction project and fixed asset accounting processes. This position involves the accounting for all leased properties within the U.S. portfolio (approx. 5,000 leases). Key responsibilities include, but are not limited to, ensuring the accuracy of landlord payments in accordance with the lease terms, and the related lease accounting schedules and account reconciliations for assigned field offices.

Some of the key stakeholders this team partners with includes the Market Finance and Development Teams, Asset Management, Franchising, Legal, and Corporate Tax.

This is a hybrid role based out of our global headquarters in the West Loop (Chicago). 

Key Responsibilities:

 

Reconcile construction project costs and review for accuracy and completeness.Accounting for Excess property due to store closures (asset retirements/transfers), sales, and purchases.  Includes accelerating depreciation for store closures.Manage, train and coordinate with a 3rd party vendorReview statements and record entries related to land transactions.Review, track and record entries related to insurance proceeds for propertyPerform monthly account analysis and reconciliations on assigned accounts (Ex. condemnations)Address customer inquiries from landlords, market finance, legal and asset management teams related to real estate transactions.Ensure compliance with SOX and company policies for assigned project accounting processes.Participate on special projects (Ex. Continuous Improvement/Automation Enhancements).

QualificationsBachelor's degree in accounting or finance is highly preferred.2+ years of accounting experience is required.Strong fixed asset experience is required.Computer proficiency in Microsoft Office (Word, Excel, PowerPoint) is required. Oracle experience is highly preferred. Excellent verbal and written communication skills, with a strong customer experience focus.Ability to work independently as well as in a group setting.Strong analytical and problem-solving skills to understand and present variances with accounts.Continuous improvement mindset to enhance processes and maximize productivity.

Additional Information

McDonald’s 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. McDonald’s 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 [email protected]. Reasonable accommodations will be determined on a case-by-case basis.

McDonald’s 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.

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