McDonalds Jobs

Mobile McDonalds Logo

Job Information

McDonald's Lease Accounting Specialist in Chicago, Illinois

Refer A Friend (https://www.smartrecruiters.com/referrals-portal/navigation/posting/743999762308043)

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. As the global leader in the food service industry, our legacy of innovation and hard work continues to drive us.From drive thru updates to delivery to mobile order and pay, we are innovating quickly and growing. 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 - check them out here (https://assets.jibecdn.com/prod/mcdonalds/0.0.204/assets/20210203-Benefits_Onepager.pdf) !

While most of us are working remote during COVID-19, we're excited to get back to our state-of-the-art headquarters 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. We are interested in people who enhance our company culture: Does this role interest you? We encourage you to apply even if you don’t meet every single requirement!

Job Description

About the Department

GBS Finance – North America records and reports on real estate transactions for over 2,000 franchisees and more than 15,000 restaurants in the U.S. and Canada. We 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). Activities 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. Our key customers include the Market Finance and Development Teams, Asset Management, Franchising, Legal, and Corporate Tax.

Responsibilities:

  • Maintain (update and review) lease payment schedules to ensure accuracy of fixed rent, percentage rent and CAM/Tax payments to landlords in accordance with the lease terms.

  • Review statements received from landlords and analyze whether payment is due. Reconcile landlord billings for year cam/tax obligations for refund or payable.

  • Generate and review payment batches to landlords and monthly close entries as required.

  • Maintain (update and review) lease accounting schedules to ensure accuracy of monthly straight-line rent, amortization, and interest expense over the likely term.

  • Perform lease classification test on new leases and amendments to determine whether lease is operating or finance, and the accurate recording of the right of use asset and lease liability.

  • Perform monthly account analysis and reconciliations on assigned accounts (Ex. Prepaid Rent, Percentage Rent Accrual).

  • Address customer inquiries from landlords, market finance, legal and asset management teams related to lease transactions.

  • Ensure compliance with SOX and company policies for assigned lease accounting processes.

  • Participate on special projects (Ex. Continuous Improvement/Automation Enhancements).

Qualifications

  • Bachelor's degree in Accounting or Finance

  • At least 2 years of qualifying accounting work experience (focus on lease accounting a plus).

  • Excellent verbal and written communication skills, with a strong customer experience focus, to lead discussions with landlords and franchisees when applicable.

  • Strong analytical and problem-solving skills to understand and present variances with accounts.

  • Continuous improvement mindset to enhance processes and maximize productivity.

  • Computer proficiency in Excel, Word, and Power Point, with knowledge of Oracle and TRIRIGA a plus

Additional Information

McDonald’s is committed to providing qualified individuals with disabilities reasonable accommodations to perform the essential functions of their jobs. Additionally, if you (or another applicant of whom you are aware) require assistance accessing or reading this job posting or otherwise seek assistance in the application process, please contact recruiting.supportteam@us.mcd.com

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.

Requsition ID: REF1860I

McDonald's Corporation and McDonald's USA, LLC (the "Company") are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national origin, alienage or citizenship, disability, marital status, veteran or military status, genetic information, or any other legally-recognized protected basis under federal, state or local laws, regulations or ordinances.

McDonald's and its franchisees are taking proactive steps in response to the COVID-19 outbreak to ensure the safety in our restaurants across all communities. Our values of quality, service, and cleanliness continue to guide us. We're following direction from the CDC, state, and local governments and adhering to our deep cleaning procedures in every restaurant, every day. We also fully support employees who stay home from work if they are feeling sick. Read more about the ways we are prioritizing health at https://news.mcdonalds.com/news-releases/news-release-details/prioritizing-health-safety-and-community-mcdonalds-shares.

McDonald's and its franchisees are always looking for top candidates and encourage you to apply online. If you have any questions, please first call the restaurant as this will help the restaurant comply with any social distancing guidelines or other compliance obligations. For corporate roles, please proceed to the online application, or if you already applied, contact supportteam@us.mcd.comsupportteam@us.mcd.com. There may be a short delay in response time while we continue to monitor the impacts of COVID-19. We sincerely thank you for your continued trust in the Golden Arches.

McDonald's and its franchisees are taking proactive steps in response to the COVID-19 outbreak to ensure the safety in our restaurants across all communities. Our values of quality, service, and cleanliness continue to guide us. We're following direction from the CDC, state, and local governments and adhering to our deep cleaning procedures in every restaurant, every day. We also fully support employees who stay home from work if they are feeling sick. Read more about the ways we are prioritizing health at https://news.mcdonalds.com/news-releases/news-release-details/prioritizing-health-safety-and-community-mcdonalds-shares.

McDonald's and its franchisees are always looking for top candidates and encourage you to apply online. If you have any questions, please first call the restaurant as this will help the restaurant comply with any social distancing guidelines or other compliance obligations. For corporate roles, please proceed to the online application, or if you already applied, contact supportteam@us.mcd.comsupportteam@us.mcd.com. There may be a short delay in response time while we continue to monitor the impacts of COVID-19. We sincerely thank you for your continued trust in the Golden Arches.

DirectEmployers