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FP&A Manager - job 2 of 3

Company Description

McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald’s remains one of the world’s leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.

At McDonald’s, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.

Job Description

The FP&A Manager – Global Finance will be part of the Business Advisory Services team within the Corporate Controller Group and will support the Global Finance function. The role provides financial expertise, direction, and strategic thought leadership to a global corporate function - Global Finance.

Responsibilities include but are not limited to:

  • Serve as the financial business partner for various Global Finance Leadership team members
  • Investigate, understand and report on detailed drivers of spending within the Global Finance department, and support strategies to manage and report CAPEX, OPEX, and project costs with impact to the P&L, Balance Sheet, and Cash Flow statements
  • Manage through cross-functional teams to deliver results from direct and indirect reporting relationships
  • Oversee month end close process, including variance analysis and monthly reporting
  • Facilitate processes surrounding the long-range plan, annual budget, quarterly forecast and monthly variance analysis within Global Finance
  • Financial consulting on savings opportunities and project spend prioritization
  • Correlate large amounts of financial data into meaningful cross-functional business discussions
  • Interact, influence, and build strong relationships with all areas of the Corporate Controller Group and other McDonald's corporate departments, building open lines of communication and trust
  • Other responsibilities may include assisting with project business cases, service-based costing, and ad hoc reporting.

Benefits eligible: Yes
Bonus eligible: Yes
Long term incentive eligible: Yes
The expected salary range for this role is $112,860 – $143,900 per year 
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

Qualifications

  • Bachelor’s degree (or equivalent) in Accounting or Finance
  • 6+ years of relevant experience, previous FP&A, Big 4, or similar experience preferred
  • Strong aptitude in working with large amounts of data and navigating Excel and PowerPoint proficiently
  • Ability to communicate effectively with Leadership and department owners of financial outcomes of business decisions.
  • Strong interpersonal skills and ability to interact with all disciplines, levels, and cultures
  • Exceptional consulting and communication skills
  • Proven track record of managing competing priorities and addressing roadblocks –desire to work independently amid ambiguity in a fast-moving environment
  • A strategic mindset, bias towards action, skepticism of the status quo, and can-do attitude – someone who is not afraid to dig in, uncover problems, and find solutions as a collective team
  • Possesses natural curiosity, asking questions when necessary to understand a situation

Additional Information

Benefits eligible: This position offers health and welfare benefits, a 401(k) plan, adoption assistance program, educational assistance program, flexible ways of working, and time off policies (including sick leave, parental leave, and vacation/PTO). Eligibility requirements apply to some benefits and may depend on job classification and length of employment. 

Bonus eligible: This position is eligible for a bonus, calculated based on individual and company performance.

Long term Incentive eligible: This position is eligible for stock or other equity grants pursuant to McDonald’s long-term incentive plan.

McDonald’s is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonald’s provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact [email protected]. Reasonable accommodations will be determined on a case-by-case basis.

McDonald’s provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Nothing in this job posting or description should be construed as an offer or guarantee of employment.

Average salary estimate

$128380 / YEARLY (est.)
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$112860K
$143900K

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What You Should Know About FP&A Manager, McDonald's Corporation

Imagine being at the forefront of financial strategy with McDonald’s as their new FP&A Manager in Chicago, Illinois! At McDonald’s, you will join the Business Advisory Services team within the Corporate Controller Group, where your role will be crucial in supporting the Global Finance function. Your days will be filled with dynamic responsibilities, serving as the financial business partner for various leadership team members while digging deep into the intricacies of spending drivers within Global Finance. You will manage projects that relate to CAPEX, OPEX, and ensure the P&L reflects your strategic insights. Your experience and expertise will shine as you oversee month-end close processes and help facilitate long-term planning, annual budgeting, and quarterly forecasts. You won't be working alone; you’ll collaborate with cross-functional teams and build relationships across departments to encourage open communication and trust. The best part? You’ll influence the financial trajectory of a global corporation with a mission to create positive impact every day. McDonald's commitment to employee growth is not only evident in this role but also through their outstanding benefits, such as tuition assistance and flexible work arrangements. If you're ready to embrace a fast-paced environment and drive efficiencies in financial processes, McDonald’s is excited to welcome you to their team. Your journey towards influencing global finance starts here!

Frequently Asked Questions (FAQs) for FP&A Manager Role at McDonald's Corporation
What are the primary responsibilities of the FP&A Manager at McDonald's?

The FP&A Manager at McDonald’s is responsible for serving as a financial business partner to the Global Finance leadership, overseeing project-related financial planning, reporting on spending drivers, and analyzing month-end close processes. This role also involves facilitating budget preparations and engaging in financial consulting to uncover savings opportunities.

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What qualifications are required for the FP&A Manager position at McDonald's?

To qualify for the FP&A Manager role at McDonald’s, candidates should have a Bachelor’s degree in Accounting or Finance along with at least 6 years of relevant experience. Strong data management skills, proficiency in Excel and PowerPoint, and the ability to communicate effectively with leadership are essential.

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How does McDonald's support employee development for FP&A Managers?

McDonald's supports the professional growth of its FP&A Managers through comprehensive benefits that include tuition assistance, flexible work arrangements, and opportunities for long-term planning. Employees are encouraged to engage in continuous learning and development as part of their career progression within the company.

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What is the work culture like for an FP&A Manager at McDonald's?

At McDonald's, the work culture for an FP&A Manager is centered around inclusivity and community. Employees are encouraged to think big and work collaboratively across departments while having the autonomy to manage projects independently. The company's values foster a supportive environment for all team members.

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What financial tools should an FP&A Manager at McDonald's be proficient in?

An FP&A Manager at McDonald's should be highly proficient in working with financial data using tools such as Excel for data analysis and PowerPoint for presentations. Familiarity with financial modeling and reporting software would also be beneficial for success in this role.

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Common Interview Questions for FP&A Manager
How do you handle complex financial data analysis for an FP&A role?

In an FP&A role, I prioritize understanding the context of the financial data. By breaking the data down into manageable components, I can analyze it for insights effectively. I use tools like Excel to perform detailed analyses and ensure my findings align with business objectives.

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Can you describe your experience with budget forecasting?

I have extensive experience in conducting budget forecasts, which involves analyzing historical data, consulting various departments for input, and considering market trends. I ensure the forecast is realistic and achievable while allowing for flexibility to adapt as circumstances change.

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What strategies would you implement to manage project costs effectively?

To manage project costs, I would implement a stringent tracking system while continuously reviewing expenditure against the budget. It's crucial to involve stakeholders early to align on expectations, and I would conduct regular reviews to make adjustments as necessary to stay within budget.

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How do you prioritize competing financial projects?

I prioritize financial projects by assessing their strategic importance and potential impact on company objectives. I communicate with stakeholders to gauge urgency and make informed decisions on resource allocation, ensuring alignment with the overall goals of the organization.

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What role does communication play in the FP&A Manager position?

Communication is vital in the FP&A Manager role. It involves clearly conveying complex financial information to various stakeholders, building relationships to foster collaborative discussions, and ensuring everyone understands the financial implications of their decisions.

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How would you approach variance analysis during month-end close?

During month-end close, I would conduct variance analysis by comparing actual spending against the budget. I look for any significant discrepancies, identify the root causes, and prepare detailed reports to discuss with leadership to make informed strategic decisions.

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What experience do you have working with cross-functional teams?

I have collaborated extensively with cross-functional teams, including Marketing, Operations, and Supply Chain, to gather insights for financial forecasting. This collaboration enhances accuracy in data and fosters a more integrated approach to financial decision-making.

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Explain a time when you identified a significant savings opportunity.

In my previous role, I conducted a thorough review of project spending and identified redundancies. By streamlining processes and reallocating funds to high-impact initiatives, we achieved substantial savings that significantly improved departmental effectiveness.

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Can you give an example of how you've influenced financial decisions?

I influenced financial decisions by presenting data-driven insights that highlighted potential cost-saving measures. Through clear presentations and persuasive communication, I ensured my recommendations were actionable and aligned with the company’s goals.

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What tools do you typically use for financial modeling?

I typically use Excel for financial modeling due to its flexibility and powerful functionalities. Advanced functions and templates allow for the integration of different data points, making forecasting and scenario planning more effective and efficient.

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Full-time, on-site
DATE POSTED
April 4, 2025

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