Global Finance Industrial Placement at McDonald’s Global Franchising Limited

Duration
Placement Year (10 Months+)
Application Deadline
1st March 2020
Regions
Central London and City
Town/City
Shoreditch, London
Salary Band
£16,000 - £17,999
Salary
£17,500
Role May Involve
Accountancy Banking/Finance Financial Management

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McDonald’s Global Franchising Limited Overall Rating

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Global Finance Industrial Placement

  • Applicant must be studying an Accounting Degree and on track for a 2:1
  • 12 months placement position in the Global London Office, Shoreditch
  • Reports to Finance Manager – Global Accounting and Reporting Team
  • Active role within the Accounting, Planning, Taxation & Reporting areas of McDonald’s Global Finance
  • Use of Accounting Software - AS400 and Oracle

Principle Responsibilities

Intercompany Accounting

  • Intercompany Balances Settlement between the McDonald’s entities

Trial Balance Review

  • Balance Sheet Reconciliation
  • Bank Account Reconciliation/Monitoring

Accounts Payable

  • Tracking invoices from key suppliers, PWC and EY
  • Invoice processing and approval
  • Managing the online invoices approval matrix and the users list

Compliance

  • Purchase Orders for Global Technology spend - Cost Control measure
  • Monitor the Employees T&E process and T&E audit
  • New Starters/Leavers processes
  • Induction for the new starters

Audit/Tax

  • Support the Tax Accounting Team during the Quarterly VAT returns
  • Support with Tax Compliance
  • Financial Audit Preparation - External Auditors

Planning/Projections

  • Quarterly projection update for Office Services & Management
  • 2021 planning for Office Services & Management

Other

  • Tax, Finance & Accounting projects based on the Business requirements
  • Collating and reviewing data from McDonald’s markets for VW and BMW Car Rebates

Relationships

Internal

  • Global teams based all over the world
  • Key Teams - Global Tax, Accounting, Planning, Reporting, Treasury Team, People Team, UK GBS Team, Technology Team, Legal Team and the Development Team

External

  • External Auditors, Bank Liaison Team, Travel Management Company, American Express, Key Suppliers

Knowledge and Experience

  • High level of understanding of Accounting principles and double entries
  • High level of analytical & numerical skills
  • A strong level of IT proficiency – especially Microsoft Excel including formulae
  • Adaptable with a positive, can do attitude and organised
  • Good communication skills

Details and Benefits

  • 52 week contract (typically June 2020 – June 2021)
  • £14,500 (plus £3,000 London Weighting Allowance if applicable)
  • 4 weeks holiday + bank holidays
  • Access to discounts at over 1,600 retailers, including McDonald’s, through the McDonald’s employees discounts website
  • Subsidised gym membership

About McDonalds

Working for McDonald’s is more than just a job. We’re a business that aims to have a positive impact in everything we do. We’re dedicated to being a great place for our people to work; to being a strong, positive presence in your community; and to delivering the quality, service, cleanliness and value our customers have come to expect from the Golden Arches – a symbol that’s trusted around the world. Whatever you want to get out of your career – with McDonald’s, you can. In our workplace, we promote flexibility, opportunity, equality and development. McDonald’s employees come from all walks of life, but share a common approach: positivity. We know that happy employees help to make happy customers, so we want you to enjoy your work.

How to apply

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