Job Description
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: Supervisor, Accounting Operations (Retirement)
Function: Finance
Level: G3 – Supervisor
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 Supervisor, Accounting Operations (Retirement). This role is responsible for managing retirement-related accounting operations, including tracking expenses and liabilities, managing dashboards, and ensuring compliance with accounting standards. The Supervisor will oversee the preparation of retiree reports, review exception-based benefit arrangements, and ensure accurate general ledger setup. This position reports to the Manager, Accounting Operations (Insurance & Retirement) and oversees two direct reports, playing a key role in maintaining operational accuracy and alignment with enterprise procedures.
The candidate is expected to reside in Hyderabad, India.
Key Responsibilities:
- Monitor, track, and update retirement-related expenses and liabilities within financial systems, ensuring accuracy and compliance with accounting standards.
- Support business decision-making through the management of retirement expense dashboards and production of reporting that informs funding and benefit strategies.
- Prepare quarterly retiree reports for senior leadership, providing insights and analysis.
- Review exception-based retirement benefit arrangements and ensure proper classification and documentation.
- Review set-up of appropriate GL accounts for retirement obligations and benefit disbursements to ensure accurate financial reporting.
- Review analysis of retirement expenses against forecast to identify variances and recommend corrective actions.
- Review transactional activities related to scheduling, approving, and processing retirement-related tax payments and regulatory filings.
- Lead review of discrepancy checks and proxy coordination to ensure data accuracy and compliance.
- Conduct detailed analysis on retiree-related accounts to support decision-making and audit readiness.
- Support internal and external audits related to retiree benefits and financial reporting.
- Oversee two direct reports, providing coaching and performance oversight to ensure high-quality service delivery.
Knowledge and Skill Requirements:
- Bachelor’s degree in accounting, Finance, Business Administration, or related field.
- CPA or equivalent professional certification preferred.
- Minimum of 3+ years of experience in retirement accounting or related financial functions.
- English Proficiency (written and verbal IRL Level 4).
- Strong stakeholder management and business partnership skills.
- Proficiency in business intelligence tools and financial systems.
- Demonstrated ability to manage complex data and reporting processes.
- Experience in process governance and policy implementation.
- Effective communicator with strong analytical and problem-solving skills.
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