Treasury and Tax Analyst

The role requires strong accounting technical skills and curiosity and interest about different accounting rules and GAAP in different jurisdictions and the ability to “roll up their sleeves to dig deep into data and systems. The role will require somebody who is a self-starter and able to work independently but also be able to co-ordinate their work with colleagues in multiple regions.

This role offers experience at the heart of the tax/treasury/control function of a major Multinational Enterprise.

Role Overview

Ensure accurate accounting and reporting and management for key holding and investment legal entities in the Yum! structure, that are a pivotal part in Yum! tax and treasury activities.

Reporting Line

Strategic International Company “SIC” Controller, part of the larger Yum! Global Tax Team and with dotted line reporting line to Head of Treasury Operations.

Location

The role will be based in Malta and will require a candidate who has the right to work in the European Union.

Monthly/Quarterly Close Process Responsibilities

• Prepare and post period close US and local GAAP JDE manual journal entries for SIC entities, including proper revaluation of ending balances based in appropriate functional currency.
• Maintain proper accounting records of all intercompany loan activity, coordinating with Treasury to execute, renew, and settle loans.
• Preparation of interest entries for Yum!’s notional pooling accounts for all entities.
• Perform intercompany elimination analysis for the entirety of international loan and notional pooling portfolio.
• Preparation/review of period account reconciliations including timely resolution of reconciling differences.
• Perform analytics and provide balance sheet fluctuations for quarterly consolidation processes.

Annual Responsibilities

• Manage preparation of and assist in completion of SIC legal entities’ statutory accounts and tax returns to meet statutory requirements in various territories, including consolidation of management reports and translation to local currency.
• Manage audit process with local auditors for SIC legal entities including provision of supporting documentation and coordination of follow-up items.
• Support international teams in local statutory audits as required.
• Preparation/review of annual tax packages for submission to Yum! Tax Compliance team
• Assist with preparation of annual country by country reporting requirements.

Other Responsibilities

• Preparation of payments on behalf of SIC entities.
• Oversight of cash needs for SIC entities.
• Assist with preparation of cash repatriation transactions. Coordination with Treasury and Tax to ensure such transactions are properly accounted for under both statutory and US GAAP requirements.
• Assist with calculation and preparation of local tax payments in line with statutory requirements.
• Coordination with Tax and Control to ensure all entities are properly accounted for in special projects. Serve as an accounting liaison with markets around the world to ensure that other market-related entries eliminate properly in consolidation for special project-related steps.
• Own compliance of Yum! Malta entities from end to end and be representative of Yum! in Malta
• Proactively identify and assist in implementing process changes that improve accuracy and efficiency
• Assist with consolidated audit walkthroughs and testing of intercompany processes.
• Assist with additional special projects as needed.

EDUCATION & EXPERIENCE:

• Degree in Accounting or Finance. Strong academic record in accounting modules.PA designation or equivalent experience preferred.

• 2 - 4 years of financial reporting and/or public accounting experience.

• Experience with international accounting and consolidations, treasury transactions and foreign currency issues a plus.

OTHER QUALIFICATIONS:

• Proven organizational skills with ability to establish priorities and handle multiple responsibilities simultaneously, both long-term and short-term deliverables.

• Analytical skills with ability to identify issues and propose solutions.

• Strong Excel skills; SmartView, HFM, FDMEE and JD Edwards a plus but not essential.

• Excellent written communication, verbal communication and interpersonal skills.

• Comfortable managing significant non-routine tasks related to projects.

• Team player willing to assist other team members during tight deadlines or crisis situations.

• Customer service orientation with ability to effectively interact with culturally diverse international colleagues.