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Sr. Financial Analyst, US Tech FP&A

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 Global Finance Total Cost of Ownership (TCO) Team was established to deliver greater visibility into the cost of technology through active management of our Global Technology investments across multiple technology platforms and products.

This specific role within the Global Finance team offers an individual the opportunity to liaise with McDonald’s US market to plan, manage, and forecast product costs in a rapid, reliable and efficient manner, with TCO in mind. The role is responsible for the processes and technology that support our US Technology Investment. It provides an opportunity to develop skills in the areas of reporting analytics, data management, project financial management, communication, technology and financial systems, influencing and building key relationships. The individual will develop a strong understanding of McDonald’s US Technology business and participate in efforts to drive efficiencies across the entire organization.

Key customers include cross-functional technology teams across US Technology along with US Finance, Global Technology, and Global Finance.

Responsibilities:

  • Drive the US Technology annual financial planning process ensuring:
  • Consistent data collection with details of projects, spend, resources and spread across all US Technology products
  • Zero-based budgeting approach and alignment with overall technology strategy
  • Strong insights to enable leadership decision-making, leveraging PowerBI reporting
  • Manage actual spend and forecast of the US Technology Investment including:
  • Supporting product budget owners in maintaining their spend and forecast utilizing the US standardized budget template
  • Completing variance analyses to drive monthly financial reviews with leadership
  • Driving thoughtful financial conversations and decision-making through financial storytelling
  • Assist the Department with essential financial activities including:
  • Reviewing contract approvals and adherence to budget
  • Partnering with our Workforce Solutions team to ensure adherence to invoicing processes
  • Processing manual invoices
  • Managing time entry requirements for technology resources
  • Relationship Management
  • Build trust and rapport with key stakeholders including teams within US Technology, Global Technology, Global Finance, and leadership
  • Maintain detailed knowledge of the key business processes and systems and identify integration, alignment and improvement opportunities
  • Deliver ad-hoc financial analyses at the request of key stakeholders, utilizing various datasets and inquiry methods

Benefits eligible: Yes
Bonus eligible: Yes
The expected salary range for this role is $87,050 – $108,810 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 in finance/accounting with 3+ years’ experience with multi-project financial management and/or financial planning
  • Strong Excel modeling experience required
  • PowerBI/Tableau modeling experience required
  • Knowledge of generally accepted accounting principles (GAAP)
  • Excellent verbal and written communication skills and ability to manage relationships effectively with stakeholders at a variety of levels and across multiple functions
  • Strong analytical and creative problem-solving skills with attention to detail
  • Strong organizational skills and ability to manage competing priorities
  • Moderate understanding of technology finance, analytics, and product costing
  • Ability to deliver high-quality outputs quickly, reliably, and accurately
  • Good interpersonal skills and ability to anticipate stakeholder needs
  • Self-starter that proactively seeks to streamline/optimize processes
  • Proficient with SmartSheet preferred
  • McDonald’s restaurant technology experience preferred

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.

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

$97930 / YEARLY (est.)
min
max
$87050K
$108810K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr. Financial Analyst, US Tech FP&A, McDonald's Corporation

Are you a numbers wizard with a passion for technology finance? McDonald’s is looking for a Sr. Financial Analyst to join our US Tech FP&A team located at our Chicago office. In this exciting role, you'll partner with the Global Finance team, diving deep into product costs across our technology investments. Your mission will be to ensure our financial planning process runs like a well-oiled machine—think data collection, zero-based budgeting, and providing insights that drive leadership decision-making. You'll get to flex your financial storytelling skills as you manage monthly reviews and support budget owners in maintaining their financial health. And, of course, you'll have the opportunity to build strong relationships with teams across US Technology and Global Finance. You’ll also be responsible for tasks that include variance analysis, processing invoices, and ensuring adherence to invoicing processes. With our commitment to community and family values, you will help to create impact not only for McDonald’s but also in the world. Join us where your skills will be recognized and rewarded, with an expected salary range of $87,050 to $108,810 per year, and excellent benefits including flexible work arrangements. If you're ready to take your career to the next level with a leading corporation, apply today!

Frequently Asked Questions (FAQs) for Sr. Financial Analyst, US Tech FP&A Role at McDonald's Corporation
What are the key responsibilities of a Sr. Financial Analyst at McDonald’s?

As a Sr. Financial Analyst at McDonald’s, your primary responsibilities include managing the annual financial planning process, ensuring data collection aligns with project expenses, and employing a zero-based budgeting approach. You'll provide strong insights to support leadership decisions and manage actual spend and forecast for the US Technology investments. You're also expected to conduct variance analyses and foster financial discussions with various stakeholders to drive efficiencies across the organization.

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What qualifications are required to be a Sr. Financial Analyst at McDonald’s?

To qualify for the Sr. Financial Analyst role at McDonald’s, candidates should hold a Bachelor’s degree in finance or accounting coupled with a minimum of 3 years of experience in multi-project financial management or financial planning. Strong Excel and PowerBI/Tableau modeling skills are required, along with a knowledge of GAAP, excellent communication skills, and strong analytical capabilities. A familiarity with SmartSheet and McDonald’s restaurant technology is preferred.

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How does McDonald’s support the professional growth of a Sr. Financial Analyst?

At McDonald’s, we believe in nurturing talent. The Sr. Financial Analyst role provides numerous opportunities for skill development through hands-on experience with financial systems and project financial management. Additionally, we offer benefits like tuition assistance and a sabbatical program to encourage continuous learning and personal development, ensuring team members can grow within the organization.

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What tools will I need to utilize as a Sr. Financial Analyst at McDonald’s?

In the role of a Sr. Financial Analyst at McDonald’s, you will frequently use Excel for financial modeling and reporting, as well as PowerBI and possibly Tableau for data visualization. Familiarity with SmartSheet may also be beneficial for managing project financials efficiently. Your ability to leverage these tools will be key in presenting insights and driving informed decision-making across teams.

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What is the expected career pathway for a Sr. Financial Analyst at McDonald’s?

The expected career pathway for a Sr. Financial Analyst at McDonald’s can lead to higher positions within the finance department, such as a Finance Manager or Director role depending on performance and experience. The skills acquired in this position can also open opportunities in other departments within McDonald’s or in different organizations as your expertise in technology finance translates well across various sectors.

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Common Interview Questions for Sr. Financial Analyst, US Tech FP&A
Can you explain your experience with financial modeling as a Sr. Financial Analyst?

In answering this question, provide specific examples of financial models you've built. Discuss the context, your approach, the tools you used, and how the model supported decision-making. It's effective to mention how your models improved understanding of costs or enhanced budgeting accuracy.

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How do you handle competing priorities in a fast-paced environment?

To effectively answer, share your strategies for time management, such as prioritizing tasks based on impact and deadlines. Give an example of a time you successfully managed incoming requests while meeting critical financial deadlines, demonstrating your ability to remain organized and focused under pressure.

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Describe your approach to variance analysis in your previous roles.

Outline your method for conducting variance analysis by explaining how you identify discrepancies between planned and actual finances. Provide an example where your analysis led to actionable insights, showcasing your analytical capabilities and ability to communicate findings to senior leadership effectively.

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What do you think are the critical components of zero-based budgeting?

A good response will include discussing how zero-based budgeting requires justifying all expenses for each new period, rather than using the prior period's budget as a baseline. Give examples from your experience where this approach has led to significant cost savings or more efficient resource allocation.

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How do you build relationships with stakeholders across different departments?

Talk about your interpersonal skills and your proactive approach to communication. Provide examples of how you've established trust and rapport with stakeholders, such as through regular updates, meetings, and by being responsive to their needs, which eventually facilitated better collaboration.

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What systems have you used for managing financial data?

Discuss specific financial systems or software you've used in past roles. Mention how you utilized these systems to manage budgeting, reporting, or forecasting tasks, and explain how you have navigated challenges within these systems to support your financial work efficiently.

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How would you approach financial storytelling for leadership?

In your answer, emphasize the importance of clarity and conciseness in financial storytelling. Talk about how you would use data visualization tools like PowerBI to transform raw data into engaging narratives that guide leadership in decision-making. Provide an example where your storytelling influenced a financial strategy.

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What do you believe are the main challenges facing finance in the technology sector?

Show your understanding of the intersection between finance and technology by discussing challenges like rapidly changing technology costs, the need for quick adaptation to new tools, or compliance with financial regulations. Address how you stay informed about industry trends to mitigate these challenges.

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Describe a time when your analytical skills made a significant impact on a project.

Choose an example that highlights your analytical prowess. Discuss the problem, your analysis process, and the resulting actions taken based on your findings. Be sure to quantify the impact, such as cost savings, efficiency improvements, or other positive outcomes.

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How do you ensure compliance with GAAP in your financial work?

Explain your methodology for ensuring compliance with GAAP standards, including regular training, consultations with auditing teams, and staying updated on changes in regulations. Use past experiences to illustrate your commitment to maintaining high-quality financial practices within your work.

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DATE POSTED
April 4, 2025

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