Taco Bell Corp., a subsidiary of Yum! Brands, Inc. (NYSE: YUM), is the nation's leading Mexican-inspired quick service restaurant (QSR) brand. From breakfast to late night, Taco Bell serves made-to-order and customizable tacos and burritos, among other craveable choices, and is the first QSR restaurant to offer American Vegetarian Association (AVA)-certified menu items.
Taco Bell and its more than 350 franchise organizations proudly serve over 42 million customers each week through over 7,000 restaurants around the world, as well as through its mobile, desktop and delivery ordering services. Internationally, Taco Bell has over 600 restaurants, with plans to add 2,000 more restaurants in the next decade.
The brand encourages its fans to “Live Mas” and connects with them through sports, gaming and new music via its Feed The Beat® music program. Taco Bell also provides education opportunities and serves the community through its nonprofit organization, the Taco Bell® Foundation™, and connects fans with their passions through programs such as the Live Mas Scholarship program. According to Harris Poll, Taco Bell has been named America’s Best Mexican-Food Restaurant for two back-to-back years.
About the Job:
We are looking for a member of a Franchise Finance team, which supports the financial health of more than 350 Taco Bell franchisees. You will be part of a team that supports three key pillars of franchise health – collections, financial performance review, and restaurant economics. We are looking for an exceptional problem solver to supervise the collections team by bringing bold ideas to improve the collections processes and to design reliable KPI reports.
This role will also analyze franchise organization’s financial reports, which requires strong analytical skills and attention to detail. High level of comfort in financial modeling and reading audited/internal financial statements is expected. And last but not least, you will serve as an analytical partner to the Development team to provide sales insights to new restaurant openings and remodels to drive ROI. With multiple customers across three pillars, this role is ideal for a self-starter who thrives in collaborating with multiple customers across the organization.
Supervise collections coordinator who will be responsible for day to day collections duties. Manage high risk franchisees, and collaborate with internal partners (Accounts Receivable, IT) to identify opportunities of process improvement. Work with management and internal partners to identify and promptly report KPI’s
Monitor franchisees’ financial performance by compiling and reviewing audited/internal financials statements. Review key financial ratios (Rent Adjusted Leverage, Fixed Charge Coverage Ratio) to determine risks to the franchise system and offer strategic insights
Provide insights on new restaurant opening performance based on post mortem learnings, quintile analysis, and market deep dives
Is This You?
Bachelor’s degree required, MBA a plus
3-5 years relevant work experience (eg. Financial Reporting & Analysis, Business Operations, Corporate Finance, Consulting)
Strong financial modeling skills and high level of comfort with Microsoft Excel
Strong written and oral communication skills – high level of comfort in collaborating with various internal partners as well as franchisees
Experience working with data and simplifying data retrieval
Comfort with solving open ended problems
Ability to coach a direct report
Why Taco Bell?
We truly believe that where you work matters, and we know a thing or two about what makes employees happy. Join us on our mission of feeding people’s lives with más!
Year-round Flex day Fridays
Free snacks, drinks and bagel & donut Fridays
Onsite childcare through Bright Horizons
Onsite dining center and game room (yes, there is a Taco Bell inside the building)
Onsite dry cleaning, laundry services, carwash
Onsite gym with fitness classes and personal trainer sessions
4 weeks of vacation per year plus holidays and time off for volunteering
Tuition reimbursement and education benefits
Discounts for life’s adventures (ex: theme parks, wireless plans, etc.)
Generous parental leave for all new parents and adoption assistance program
Opportunity to taste test new products
401(k) with a 6% matching contribution from Yum! Brands with immediate vesting
Comprehensive medical and dental including prescription drug benefits and 100% preventive care
Healthcare and dependent care flexible spending accounts
Opportunities to support the Taco Bell Foundation’s educational initiatives and programs.
Recognition based culture and unique, fun events year round (recess at work, Halloween Spooktacular, employee art show benefiting Taco Bell Foundation, etc.)
*Please note that some perks/amenities may not be available and/or may be modified at the Company’s sole discretion during the COVID-19 temporary work-from-home period.