Manager, Financial Planning & Analysis

McDonald's Corporation•Chicago, IL

About The Position

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. Department OverviewThe COE Global FP&A Lead is an FP&A expert, driving value for the markets and Corporate through strategic design and execution of best-in-class FP&A activities and transformational leadership. The role is highly visible across market finance leadership as a main point of contact for FP&A-related items and is critical for ensuring McDonald’s executes upon its finance transformation journey through evolving our FP&A approach.DutiesMarket FP&A Main Point of Contact: Planning and Projection lead for a group of markets, including overseeing the preparation of reporting and leading the related messaging and narrative for market leadership Lead the interaction with the Corporate branch of the COE for a group of markets, which consolidates the information for Corporate finance leadership (including Corporate Controller, IRO, CFO, etc) Major P&L Line-Item Planning Lead: Responsibility for ensuring oversight of proper forecasting methodologies and consistency across markets for a key P&L area (Capital, Franchised Margin, McOpCo Margin, SG&A, Other Op) Process improvement / continuous improvement to work towards future state of COE Success for the above requires people and organizational leadership; the COE Global FP&A Lead will oversee a team of COE members that will drive forward the vision for FP&A Market FP&A Main Point of Contact Main point of contact between COE and Market for FP&A activities. Thought partner to the markets for drivers behind the variances between actuals and projection / plan (note the responsibility of actual reporting (trial balance submission and related commentary) remains with the market; however, COE provides market contact thought partnership on commentary Responsible for communicating with the market to ensure a solid understanding of significant trends, initiatives, and transactions occurring in market to ensure such items are properly reflected in projection / plan. The communication with the market and FP&A Lead will be established based on preferences of each market and could include: Weekly or bi-monthly touchpoints between FP&A Lead and market finance contact Attendance at certain meetings in market to ensure proper business trends reflected in projection / plan Accountable for appropriate roll-up of plan and projection for designated markets, including all process streams, through operating income Ability to explain / articulate assumptions used in setting the plan and projections for the market, including variances to prior projections and plan. Present results to leadership, including reporting to be provided to the markets Lead and oversee the preparation of market scenario planning / projections FP&A COE Major P&L Line-Item Planning Lead The FP&A Lead will also be a Major P&L Line-Item Planning Lead and will have direct reports. The Lead is responsible for guiding team members in the successful execution of their roles and overseeing their professional development Understand financial systems, ensuring all necessary financial information is input accurately for all markets within a process for a certain financial statement line item Aggregate data from other FP&A Leads for P&L area of responsibility to ensure consistency across what markets submitted in their templates for plan / projection submission Analyze and provide big picture perspective for consolidated P&L area of responsibility Accountable for cross training and collaboration across the COE for area of responsibility Direct feedback into existing global finance processes (e.g. Treasury / Capital planning) Drive process improvement / continuous improvement to work towards future state of COE Drive standardization / harmonization in reporting across markets (including standardization for P&L area of responsibility), working collaboratively across the COE

Requirements

Bachelor’s degree (or equivalent) in Accounting or Finance
5+ years of experience; previous FP&A, Big 4, or similar experience preferred
Advanced Excel and PowerPoint proficiency
Executive-level communication skills and presence – ability to level-up the details, identify what’s important, and advise our leadership
Proven track record of managing competing priorities and addressing roadblocks –desire to work independently amid ambiguity in a fast-moving environment
Strong interpersonal skills – ability to interact with all disciplines, levels, and cultures and build relationships
A strategic mindset, bias towards action, skepticism of the status quo, and can-do attitude – someone who is not afraid to dig in, uncover problems, and find solutions as a collective team
Oracle

Responsibilities

Planning and Projection lead for a group of markets, including overseeing the preparation of reporting and leading the related messaging and narrative for market leadership
Lead the interaction with the Corporate branch of the COE for a group of markets, which consolidates the information for Corporate finance leadership (including Corporate Controller, IRO, CFO, etc)
Responsibility for ensuring oversight of proper forecasting methodologies and consistency across markets for a key P&L area (Capital, Franchised Margin, McOpCo Margin, SG&A, Other Op)
Process improvement / continuous improvement to work towards future state of COE
Main point of contact between COE and Market for FP&A activities.
Thought partner to the markets for drivers behind the variances between actuals and projection / plan
Responsible for communicating with the market to ensure a solid understanding of significant trends, initiatives, and transactions occurring in market to ensure such items are properly reflected in projection / plan.
Accountable for appropriate roll-up of plan and projection for designated markets, including all process streams, through operating income
Ability to explain / articulate assumptions used in setting the plan and projections for the market, including variances to prior projections and plan.
Present results to leadership, including reporting to be provided to the markets
Lead and oversee the preparation of market scenario planning / projections
The FP&A Lead will also be a Major P&L Line-Item Planning Lead and will have direct reports.
The Lead is responsible for guiding team members in the successful execution of their roles and overseeing their professional development
Understand financial systems, ensuring all necessary financial information is input accurately for all markets within a process for a certain financial statement line item
Aggregate data from other FP&A Leads for P&L area of responsibility to ensure consistency across what markets submitted in their templates for plan / projection submission
Analyze and provide big picture perspective for consolidated P&L area of responsibility
Accountable for cross training and collaboration across the COE for area of responsibility
Direct feedback into existing global finance processes (e.g. Treasury / Capital planning)
Drive process improvement / continuous improvement to work towards future state of COE
Drive standardization / harmonization in reporting across markets (including standardization for P&L area of responsibility), working collaboratively across the COE