What are the responsibilities and job description for the US Accounts Receivable Specialist position at Yum!?
Job Description
Ensure the integrity and timely recording of Accounts Receivable transactions for the KFC & Taco Bell Brands in collaboration with cross-functional teams (Accounts Receivable, U.S. Control, Franchise Administration, Legal, Planning).
Salary Range : $53,000 to $60,000 annually bonus eligibility. This is the expected salary range for this position. Ultimately, in determining pay, we'll consider the successful candidate's location, experience, and other job-related factors.
Responsibilities
- Monitor KFC, TBC, and Yum bank lockbox activity and partner with franchisees to ensure complete and accurate sales reporting is loaded into Krise with subsequent payment application being successfully completed in JD Edwards. Assist with sales corrections from franchisees when notified and ensure Krise is updated accordingly. (20%)
- Respond to Brand and franchisee emails, performing research and resolution to such queries. Assist with the creation of one-off fee invoices and credit memos, processing royalty rate changes, ad-hoc write-offs and preparing various franchisee refund requests. (30%)
- Prepare the daily bank deposit and tracking logs. Download the daily banking activity from US bank and Wells Fargo and compare that to what was loaded into JD Edwards. Check for any returned payments and process the return through to JD Edwards by voiding the original deposit. Enter any ACH / Wire deposits manually into JD Edwards on a timely basis and assist with the application to open receivable invoices. (20%)
- Monitor and research unapplied cash deposits that are received. Work with franchisees, and sometimes U.S. Control, to understand such payments and to obtain the details necessary to ensure proper application. Prepare period end unapplied cash detail and routinely reassess throughout period for proper cash application (10%)
- Support external / internal audit requests, SOX Peer Reviews, and special projects, as necessary. (5%)
- Prepare and ensure timely completion of account reconciliations for Yum and Yum Connect at month end (5%)
- Process monthly miscellaneous billings for Dragontail and TicTuk, creating new customers upon request, and assist in corrections throughout the period as needed. (5%)
- Identify process improvement opportunities by working closely with Supervisor / Manger and IT to incorporate best practices and leverage system functionality, including our robotics initiative. (5%)
Minimum Requirements
Preferred Requirements
About Us
Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 55,000 restaurants in more than 155 countries and territories under the company's concepts - KFC, Taco Bell, Pizza Hut and the Habit Burger Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. The Habit Burger Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2023, the KFC, Taco Bell and Pizza Hut brands were ranked in the top five of Entrepreneur's Top Global Franchises Ranking. In addition, in 2023 Yum! Brands was included on the Bloomberg Gender Equality Index; Forbes' list of America's Best Employers for Diversity; and Newsweek's lists recognizing America's Most Responsible Companies, America's Greatest Workplaces for Diversity and America's Greatest Workplaces for Women. In 2022, the Company was named to the Dow Jones Sustainability Index North America.
As the world's largest restaurant company, we have a clear and compelling mission : to build the world's most loved, trusted, and fastest-growing restaurant brands. The key and not-so-secret ingredient in our recipe for growth is our unrivaled culture and talent, which fuels our results. To that end, we're looking for talented, motivated, team-oriented individuals to join us and have the opportunity be your best, have fun, make friends, and make a positive impact.
We are excited about the future growth of our brands. In fact, as a company we are opening an average of 8 restaurants a day worldwide! This growth creates endless opportunities for professional, as well as personal growth. Customer sentiment and love for our brands is the fuel for our excitement! Taco Bell has been named one of the 10 Most Innovative Companies in the World by Fast Company. Pizza Hut delivers more pizzas than any other pizza company in the world, KFC's still uses its 75-year-old finger-lickin' good recipe, including secret herbs and spices to hand-bread its chicken every day, and the Habit Burger Grill is looking to expand its regional footprint across the country.
Check Out Some Of Our Great Benefits (Some available at HQ locations only)
Salary : $53,000 - $60,000
