Specialist, Accounting Operations (Retirement) [T500-22001]

About McDonald’s:

One of the world’s largest employers with locations in more than 100 countries, McDonald’s Corporation has corporate opportunities in Hyderabad. Our global offices serve as dynamic innovation and operations hubs, designed to expand McDonald's global talent base and in-house expertise. Our new office in Hyderabad will bring together knowledge across business, technology, analytics, and AI, accelerating our ability to deliver impactful solutions for the business and our customers across the globe.

Accounting Ops (Insurance & Retirement)

Role Title: Specialist, Accounting Operations (Retirement)

Function: Finance

Level: G2 – Specialist

Role Summary:

At McDonald's, we believe that our success begins and ends with our people. We are committed to fostering an inclusive culture where every employee can thrive and contribute their best.

McDonald’s has an exciting opportunity for a Specialist, Accounting Operations (Retirement). This role is responsible for supporting retirement-related accounting operations, including the design and maintenance of expense dashboards, reconciliation of accounts, and execution of transactional activities. The Specialist will work closely with vendors, actuaries, and internal stakeholders to ensure accurate financial reporting and compliance with accounting standards. This position reports to the Supervisor, Accounting Operations (Retirement).

The candidate is expected to reside in Hyderabad, India.

Key Responsibilities:

• Design or support the design and management of expense reports and dashboards to ensure retirement-related expenses are accurately captured and regularly updated in the system.
• Develop or support the development and maintenance of analytical tools and capabilities to generate insights into retirement benefit trends, obligations, and funding.
• Monitor, track, and update retirement expense data within relevant financial systems, ensuring data integrity and alignment with accounting standards.
• Oversee or conduct analysis and reconciliation of retirement-related accounts, including journal entry preparation and review.
• Set up appropriate GL accounts for retirement liabilities and benefit disbursements, ensuring proper classification and reporting.
• Perform reconciliation of retirement-related GL accounts and support month-end and year-end close processes.
• Execute transactional activities related to scheduling, approving, and processing retirement-related tax payments and regulatory filings.

Knowledge and Skill Requirements:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field preferred.
• Certifications such as CPA or equivalent are a plus.
• Minimum of 2 years of experience in retirement accounting or related financial functions.
• English Proficiency (written and verbal IRL Level 4).
• Strong analytical thinking and attention to detail.
• Familiarity with general ledger systems and financial reporting tools.
• Ability to follow standard operating procedures and support compliance efforts.
• Effective communicator with internal teams and external partners.