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Yum! logo

Specialist - Equity Accounting

Yum!
Posted 1 weeks ago
🇮🇳India🏢Hybrid📁Finance
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We are looking for a highly analytical and detail-oriented professional to support our company-owned restaurants’ financial operations. The ideal candidate will play a critical role in cost analysis, financial reporting, and compliance, ensuring accurate financial data for decision-making. This role requires strong collaboration with supply chain, operations, and finance teams to drive financial efficiency and accuracy. Key Responsibilities: Journal Entry Preparation & Review • Prepare and post recurring and ad-hoc journal entries for store operations. • Maintain adequate supporting documentation for all entries. • Ensure transactions are recorded in accordance with local accounting standards and company policies. Balance Sheet Reconciliations • Prepare and review monthly balance sheet reconciliations related to inventory, prepaid expenses, accruals, advertising funds, and other store-related accounts. • Investigate and resolve aged reconciling items on a timely basis. • Ensure compliance with month-end close and accounting policies. Store Performance Analysis • Monitor key operational and financial KPIs including sales, food cost, labour cost, EBITDA, and store profitability. • Identify underperforming stores and provide actionable recommendations to improve financial performance. Fixed Assets & Lease Accounting Support • Support accounting for store fixed assets, capital expenditures, depreciation, and asset disposals. • Assist in lease accounting activities and ensure compliance with applicable accounting standards. • Support periodic asset verification and impairment assessments. Cash/AR Reconciliation • Monitor store cash balances, deposits, and cash reconciliation processes. • Ensure to maintain B/S schedules for receivables. Business Partnering • Act as a finance partner to Operations, SCM, Marketing, and Market Finance teams. • Provide financial insights to support operational decisions and business initiatives. • Participate in business reviews and management meetings. New Store Openings & Closures Accounting • Support financial accounting activities related to new store openings, remodel projects, relocations, and store closures. • Ensure proper accounting treatment of pre-opening expenses and closure costs. Minimum Requirements: • Bachelor’s degree in accounting, Finance OR CA Qualified. • 4+ years of experience in financial analysis, accounting, or cost management (preferably in restaurant, retail, or FMCG industries). • Strong knowledge of cost analysis, P&L reporting, and financial reconciliation. • Experience working with ERP J D Edward System and financial reporting tools. • Proficiency in Microsoft Excel (advanced formulas, pivot tables, and financial modelling). • Strong analytical, problem-solving, and communication skills. • Ability to work independently and collaborate with cross-functional teams. • Work with a collaborative team in a fast-paced environment.

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