Overview
Date Posted:
1/20/2010
Requisition Number:
4716
City:
Louisville
State:
KY
Function:
Finance/Accounting
Brand:
Yum! Brands Inc.
Relocation assistance will be provided:
No
Description

Yum! Brands, Inc. is the world's largest restaurant company with more than 33,000 restaurants in over 100 countries and territories and more than 840,000 employees worldwide. Four of our restaurant brands -- KFC, Long John Silver's, Pizza Hut and Taco Bell -- are the global leaders of the chicken, quick-service seafood, pizza and Mexican-style food categories respectively. A&W Restaurants is the longest running quick-service franchise chain in America.

What makes Yum! a great place to work? It's our people. That's why we invest in people capability so they can make the most of their career. With a diverse workforce and ongoing opportunities for personal and professional success, we've built a culture that rewards and recognizes great effort while providing the work/life balance that is so important to all of us.



PURPOSE OF THE JOB:

Responsible for managing and reporting YRI and China tax results including planning, controversy, and compliance. The integration of these tax functions with the broader YUM results is critical to YUM’s ability to plan, measure, and report financial results. This position has daily interaction and influence with: Directors, International Tax; Director, Domestic Tax Accounting; Manager, Domestic Tax Accounting; Manager, International Tax, and external auditors.



JOB FUNCTIONS:

Responsible for managing the development and reporting of all actual and forecasted tax expense for all foreign markets, including China. Ensures that all foreign market tax information is reported in accordance with US GAAP. In addition, the position also assures that, tax planning strategies are properly reflected in financial results.



1) Manage and report results of the tax accounting function for YRI and China:

· Provide US Accounting guidance and expertise to foreign markets

· forecast tax provision process

· effective tax rate analysis

· year-end actual tax provision

· annual return to provision reconciliation

· balance sheet - tax accounts

· Manage preparation of reporting for YRI and China tax results to Senior V.P. - Planning and Controller, Assistant Controller, V.P. Tax and V.P. International Tax and Treasury. 60%



2) Support International Controllers on all income tax matters. Manage preparation of materials for discussion at quarterly and annual YRI tax review (close) meetings. 10%



3) Analyze transactions and planning strategies impacting foreign markets. Determine proper FAS 109 treatment and ensure proper reporting in the financial statements. 10%



4) Assist with the Identification, development, and implementation of tax planning strategies. 5%



5) Review and analyze proposed and enacted changes in Financial Accounting Standards related to tax accounting. Determine impact on YRI and ensure reporting complies with new standards. 5%



6) Support other projects initiated by YUM (e.g. Tax Basis Balance Sheet, ERP, Sarbanes-Oxley). Assist Tax Audit Team with income tax audit issues. 10%
Minimum Requirements

EDUCATION:

BS, Accounting and CPA required.



EXPERIENCE (and other qualifications):

5+ years including public accounting experience.

Comprehensive knowledge of federal and state income tax laws, US GAAP accounting for income taxes.

Excellent organization and management skills.

Excellent communication skills, both oral and written.

Experience with multicultural communications.

Analytical, results oriented. Attention to detail.



TRAVEL:

International travel required from 5% - 15% annually including weekend travel.