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Lease Expense Specialist

McDonald's Corporation

Lease Expense Specialist

Chicago, IL
Full Time
Paid
  • Responsibilities

    Job Description

    JOB DESCRIPTION:

    Real Estate & Franchisee Accounting (REF) processes transactions for over 2,000 operators and more than 15,000 Restaurants in North America.  REF also helps account for and manages over $10 billion in fixed assets. REF is responsible for the billing and collection of rents and service fees, as well as the construction payment and related fixed asset accounting processes. REF provides lease and contract accounting services, and supports the North American Plan to Win initiatives. Key customers include the Finance and Development Teams, the Controller Groups, Franchising, Corporate Tax and Legal.

     

    RESPONSIBILITIES:

    The position will primarily consist of tracking and completing Cam/Tax reconciliations, ensuring the accuracy of our lease obligations with landlords, tenants and franchisees, as well as other lease accounting and reporting activities.  The position primarily interacts with Canada’s Asset Management team, Field Service, franchisees and landlords, with periodic reporting responsibilities to Canada’s CFO and Finance team. 

      Specific tasks include, but are not limited to:

    ·       Reviewing leases for designated locations ensuring the proper base rent, percentage rent, CAM and Tax payments are processed monthly according to the lease.

    ·       Performing landlord CAM/TAX reconciliations and account analysis. 

    ·       Performing monthly balance sheet reconciliations for assigned accounts.

    ·       Performing monthly P&L review of lease expense and analyzing projection vs. actuals. 

  • Qualifications

    Qualifications

    BASIC QUALIFICATIONS:

    • ·       BA/BS degree in Accounting.
    • ·       2+ years of experience in analyzing data
    • ·       2+ years of experience reconciling CAM/Tax
    • ·       2+ years of experience interpreting leases

    PREFERRED QUALIFICATIONS:

    • ·       Strong analytical skills
    • ·       Attention to details and accuracy
    • ·       Ability to prioritize and manage several tasks while meeting various  deadlines
    • ·       Excellent communication and customer service skills to interface with all levels
    • ·       Working knowledge of Excel, Word and Microsoft Outlook

     

    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.