Job Information
McDonald's Tax Analyst in London, United Kingdom
Company Description:
McDonald's is the largest family restaurant in the world, serving approximately 69 million customers across 36,000 restaurants a day: in more than 100 countries. The UK & Ireland market is one of the most successful entities across the wider business, serving on average 4 million people a day. It has operated in UK since 1974 and the business is growing continuously with more than 1,400 restaurants and over 154,000 employees.
McDonald’s UK & Ireland has a proven track record of investing in the development of its employees and offering flexibility as part of its dedication to being a modern and progressive company. Every year, it invests over £40 million in developing people, giving every one of its employees the opportunity to take part in structured training.
McDonald’s buys ingredients from over 17,500 British and Irish farmers and spends over £1.1billion annually on its food and packaging requirements. McDonald’s is committed to supporting British and Irish farmers to ensure it can continue to source many of its ingredients from the UK and Ireland.
McDonald’s is a market leader in its field, striving for the highest standard of quality, speed and restaurant experience. Re-generation of our restaurant infrastructure, covering digital ordering, re-imaging and dual-point service make working at McDonald’s more exciting than ever!
We are dedicated to using our scale for good: good for people, our industry and the planet. From bold recycling initiatives and sustainable sourcing efforts to our partnership with Ronald McDonald House Charities, we see every day as a chance to have a genuine impact on our customers, our people and our partners.
We're a people business just as much as we are a restaurant business. We strive to be the most inclusive brand in the world by building diverse teams who create delicious, feel-good moments that are easy for everyone to enjoy. Joining McDonald's means thinking big every day and preparing for a career that can have impact around the world.
Company Vision and Culture
Our Global vision is to build a better McDonald’s and, in the UK, and Ireland we are working hard to be the UK & Irelands best-loved restaurant company.
McDonald’s is defined by its culture. Our culture shapes and informs everything we think and everything we do. Our culture influences the way we interact with each other, and how we interact with customers, franchisees and suppliers. Our culture motivates and inspires us to attract and retain great talent, creating positive, energising, exceptional working environment for us all.
Our values drive our culture and shape our beliefs, our priorities and our actions. They influence the decisions we make, how we treat one another and how we show up as a brand to the world.
Serve: We put our customers and our people first
Inclusion: We open our doors to everyone
Integrity: We do the right thing
Community: We are good neighbours
Family: We get better together
Job Description:
The Opportunity
We are looking to add to our dynamic team and this is a great opportunity to work at one of the most valuable and iconic brands in the world. We support, and are a partner to, the UK and Republic of Ireland ("UK&I") business and corporate presence across all taxes.
The Tax Analyst role will have primary responsibilities in supporting UK corporate tax compliance and reporting, and other related activities.
The varied role will also involve support to the team and business partnering, providing opportunity to input on all taxes (e.g. employment and VAT) with a combination of commercial and technical aspects, involving both ad-hoc advisory work and compliance related projects.
The work will span different taxes, multiple tasks on the go and thus the role requires multi-tasking, pro-activity, technical research/learning, flexibility and a willingness to develop themselves.
We’re looking for someone with energy and enthusiasm to learn, and develop their career at McDonald’s whilst contributing to the success and culture of the team as well as the wider UK&I and Global businesses.
What will my accountabilities be?
Supporting in the management of the business’ tax risk through working closely with the rest of the tax team to handle internal and external partner requirements. This covers a wide range of projects, including:
Supporting on core tax areas covering the UK&I compliance responsibilities across direct tax including statutory reporting (primary),
Opportunity for involvement also in indirect tax and some employment taxes matters
Supporting in the UK&I quarterly tax projections submitted to the Global Tax Team
Coordinating with relevant business teams where necessary to obtain information for tax reporting or analysis purposes.
Develop business partnering relationships with internal stakeholders and teams, including participating in cross-functional teams within the business in order to prepare draft tax advice e.g. new products, services or policies
Working and liaison with external stakeholders such as tax advisors and auditors
Carrying out technical research to determine the tax implications of proposed projects or transactions
Preparation of quarterly withholding tax returns, working alongside the Global Treasury teams to monitor and understand relevant payment flows
Supporting Global Tax and the US on any wider initiatives and tax requirements
Staying abreast of developments in tax legislation and case law, and contributing to education and training of wider team
Participating in engagements with UK&I tax authorities and dealing with correspondence
Providing challenge to existing processes or procedures, providing feedback and ideas
Supporting the team in designing Adapting to and implementing new processes and procedures designed to improve working practices and acquire efficiency gains
Supporting the tax processes and governance areas around tax risk e.g. SAO, SOX
What Team will I be a part of?
The role will be part of the UK&I tax team which falls within the highly regarded UK&I Finance function based in East Finchley. The UK&I tax team also forms part of the McDonald’s Global Tax function based in McDonald’s Headquarters in Chicago.
There will be close working with Finance and other colleagues, including those in legal, shared services, real estate, marketing, IT, payroll and HR, as well as Global Functions such as Treasury and Global Mobility.
Who are my customers?
Internal UK departments such as Franchising, Marketing, Restaurant Solutions, Legal, Real Estate, Shared Services and HR.
Global functions including Tax, Corporate Controller Group, Treasury, Legal and Global Mobility.
Key external stakeholders such as advisors, auditors and tax authorities.
CFO, Finance Director, Strategic Finance Manager, Operations Finance Manager, Finance Manager - Financial Reporting and Control.
Qualifications:
Newly qualified accountant or Chartered tax advisor (e.g. ACA, CTA and equivalents) with a corporate tax background in practice and/or industry. Experience across different taxes is useful, but not essential
Knowledge of accounting, accounting principles and FRS102 or equivalents
Show an interest in and be adaptable to the dynamically changing environment e.g. changing legislation, working practices or adoption of new technology
The candidate should demonstrate curiosity, be commercially aware - understanding the connections between business and tax
Self-motivated, able to drive projects forward
Able to work in a lively environment, with a high degree of accuracy]
Experience in Excel, including lookups, pivot tables and similar functions is essential
Ability to quickly learn how to use different software packages and finance systems
Strong across key competencies, including: teamwork, communication, prioritisation & organisation, tax technical ability and project management skills
Building relationships - ability to work cross-functionally, building strong relationships while challenging the status quo
Strong analytical skills with attention to detail - ability to breakdown problems before identifying trends and drawing conclusions
Additional Information:
At McDonald’s we are People from all Walks of Life...
People are at the heart of everything we do, and they make the McDonald’s experience. We embrace diversity and are committed to creating an inclusive culture that means people can be their best authentic self in our restaurants and offices, which helps us to better serve our customers. We have a strong heritage of diversity and representation within our communities, which we are proud of. The diversity of our people, customers, Franchisees and suppliers gives us strength.
We do not tolerate inequality, injustice or discrimination of any kind. These are hugely important issues and a brand with our reach and relevance means we have a very meaningful role to play.
We also recognise our responsibility as a large employer to continue being active in our communities, helping to develop skills and drive aspirations that will help people to be more aware of the world of work and more successful within it, whether with McDonald’s or elsewhere."
#LI-Hybrid
Requsition ID: REF6436R_743999968054949