yum! brands
Website:
yum.com
Job details:
Purpose of the Role
We are seeking a highly skilled Finance professional to manage revenue recognition, deferred income accounting, and development agreement (DA) tracking. The ideal candidate will ensure compliance with accounting standards, maintain accurate financial records, and support business decision-making through detailed financial analysis.
Key Responsibilities
Revenue Recognition Accounting:
- Ensure accurate and timely revenue recognition in compliance with US GAAP / IFRS (IFRS 15 and ASC 606) and company policies.
- Analyse contracts to determine proper revenue recognition treatment.
- Work cross-functionally with finance and operations teams to validate revenue transactions.
Deferred Income Accounting
- Maintain and update deferred income schedules ensuring proper accounting treatment.
- Record, track, and reconcile deferred revenue balances as per accounting guidelines.
- Ensure accurate recognition of deferred income over the appropriate periods.
Development Agreement (DA) Tracking
- Track and monitor Development Agreements (DAs) to ensure compliance with financial terms.
- Work with relevant teams to update DA status and align financial reporting with contractual obligations.
- Maintain accurate records of active and expired agreements.
DA Incentive End-to-End Accounting
- Ensure proper accounting and reporting of DA-related incentives, including calculation, recognition, and settlement.
- Collaborate with internal stakeholders to validate DA incentive payments and adjustments.
- Provide financial analysis and reporting on DA incentives for management review.
Support Sox/Internal Audit
- Ensure adherence to SOX and internal audit requirements.
- Provide accurate and timely information to support audit.
Minimum Requirements
- Bachelor’s degree+ master’s degree in accounting, Finance, or a related field (CA qualified preferred).
- 4+ years of experience in revenue accounting, financial analysis, or related fields.
- Strong knowledge of revenue recognition standards (ASC 606 / IFRS 15) and deferred income accounting.
- Experience with financial reporting tools and ERP systems (SAP, Oracle, Hyperion, or similar).
- Proficiency in Microsoft Excel (advanced formulas, financial modeling, and data analysis).
- Excellent attention to detail, problem-solving, and communication skills.
- Ability to collaborate with cross-functional teams and manage multiple priorities.
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