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Summer 2025 Tax Accounting Internship

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

Department Overview 

McDonald’s Global Tax is part of McDonald’s Global Finance organization, and is responsible for managing and advising the business on significant tax matters including audits, cross border tax risks, and potential tax impacts of business plans. Global Tax is also responsible for complying with external reporting requirements (including ASC 740) and ensuring that federal, state, and international compliance obligations are known and develops and implements sufficient procedures and controls to understand and manage these obligations while ensuring the overall integrity of the tax returns. 

Internship Overview 

For the duration of the internship, you will be able to enjoy a flexible work environment where you can think critically and feed your need (and ours) for innovation. After going through initial training, you’ll dive in with your team to learn the business and what will be expected of you for the duration of your internship. Our robust programming includes a variety of events such as our Executive Speaker Series, Learning Sessions, Employee Business Network sessions, and other exciting events happening at MHQ throughout the summer! We designed this internship to provide a smooth transition into McDonald’s so don’t worry – if you bring curiosity and work ethic, we will guide you through everything you need to know about us. 

In addition, the skills and knowledge you will gain during the internship will set you up for a variety of career paths depending on your interests and strengths. Being a part of the internship program gives you early access to our full-time post-graduation opportunities as well. 

Internship Details 

  • This internship is based out of our global headquarters in Downtown Chicago. You MUST be willing to relocate to the Chicagoland area, if applicable, for the duration of the internship program. 
  • We offer housing options 
  • You must be authorized to work in the U.S. and not require visa sponsorship for the internship and future employment 
  • Our interns work full time, Monday – Friday, during all 10 weeks of the internship (June 9 - August 15, 2025). 
  • Eligible to participate in our Summer Hours program 
  • The internship pays $25/hr 

Benefits eligible: Yes
 

Qualifications

  • You are a junior working towards your bachelor’s degree in Business, Accounting or other related degree with a graduation date in Fall 2025 or Spring 2026 
  • Preferred majors include: Accounting or Business 
  • Have a passion for continuous process improvement, learning new technology, and pursuing a career in Tax 
  • You have communication skills that are strong and adapt based on your audience 
  • You’re committed to a culture of inclusiveness 

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. 

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

$52000 / YEARLY (est.)
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$52000K

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What You Should Know About Summer 2025 Tax Accounting Internship, McDonald's Corporation

The Summer 2025 Tax Accounting Internship at McDonald’s offers a fantastic opportunity for students eager to dive into the world of tax accounting within one of the most recognized brands globally. Set against the backdrop of McDonald’s Global Headquarters in the vibrant Downtown Chicago, you will be an integral part of the Global Tax team, helping to manage significant tax matters such as audits and cross-border tax risks. This internship provides a flexible work environment where innovation is encouraged, and you’ll gain hands-on experience that’s instrumental for your professional growth. From day one, you’ll participate in training and engaging events like the Executive Speaker Series and Learning Sessions, designed to furnish you with the skills and insights necessary for a successful career in Tax. If you are a current junior pursuing a bachelor’s degree in Accounting or Business and have a knack for process improvement and technology, we’d love to see your application! You’ll work full-time for 10 weeks and enjoy the benefits of competitive pay, housing options, and early access to full-time job opportunities after graduation. Join us in creating a positive impact on the world through finance, service, and innovation. We can't wait to welcome you to the McDonald's family!

Frequently Asked Questions (FAQs) for Summer 2025 Tax Accounting Internship Role at McDonald's Corporation
What are the main responsibilities of a Summer 2025 Tax Accounting Intern at McDonald’s?

As a Summer 2025 Tax Accounting Intern at McDonald’s, your primary responsibilities will include assisting the Global Tax team in managing audits, understanding cross-border tax risks, contributing to external reporting requirements, and ensuring compliance with federal, state, and international regulations. You’ll gain valuable experience through hands-on projects and training sessions designed to equip you with the necessary skills to navigate real-world tax challenges.

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What qualifications do I need to apply for the Tax Accounting Internship at McDonald’s?

To apply for the Summer 2025 Tax Accounting Internship at McDonald’s, you must be a junior working towards your bachelor’s degree in Business, Accounting, or a related field, with a graduation date in Fall 2025 or Spring 2026. Preferred majors include Accounting or Business. Strong communication skills and a commitment to inclusiveness are essential, along with a passion for continuous learning and process improvement.

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Is the Summer 2025 Tax Accounting Internship at McDonald’s paid?

Yes, the Summer 2025 Tax Accounting Internship at McDonald’s is a paid position. Interns receive an hourly wage of $25, providing an excellent opportunity to gain experience while earning a competitive salary. This program is designed to support your professional journey while you contribute to McDonald's Global Tax initiatives.

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What does the training program look like for interns at McDonald’s?

The training program for Summer 2025 Tax Accounting Interns at McDonald’s is robust and comprehensive, including initial training sessions that cover essential tax concepts and processes. Throughout the internship, you’ll participate in various events such as Learning Sessions and Executive Speaker Series, providing you with networking opportunities and insights into the corporation’s values and operations.

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Will I have housing support while interning at McDonald’s in Chicago?

Yes, McDonald’s offers housing options for interns during the duration of the Summer 2025 Tax Accounting Internship in Chicago. This support is designed to make your transition smoother and allow you to focus on your work and learning experiences without the additional stress of finding accommodation.

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Common Interview Questions for Summer 2025 Tax Accounting Internship
What interests you about the Tax Accounting Internship at McDonald’s?

When answering this question, focus on the aspects of McDonald’s as a leading global brand and how its values align with your career goals. Talk about your passion for tax, your desire for professional growth, and how you aim to leverage this internship to enhance your skills in a real-world setting.

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Can you describe a challenging project you worked on and how you overcame obstacles?

Share a specific example of a challenging academic or work project, detailing the obstacles faced and the strategies you implemented to overcome them. Highlight your problem-solving skills, adaptability, and determination, which are key traits sought by McDonald’s.

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How do you prioritize tasks when working on multiple projects?

Discuss your organizational skills and methods for prioritizing tasks, such as using checklists or project management tools. Providing a real-life example can make your answer more relatable, showcasing how you effectively manage your time and resources.

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What do you understand about taxes related to multinational corporations?

Demonstrate your knowledge of tax implications for multinational corporations, such as transfer pricing, compliance with local tax laws, and the impact of international tax treaties. Express your eagerness to learn more during your internship at McDonald’s.

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Why do you think communication skills are important in tax accounting?

Explain that strong communication skills are crucial in tax accounting to articulate complex tax concepts to non-tax professionals. Provide examples of how you’ve effectively communicated in previous roles or projects, illustrating your ability to adapt your communication style based on your audience.

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What have you done to prepare for this internship?

Discuss any relevant coursework, internships, or extracurricular activities that have prepared you for the Tax Accounting Internship. Mention any specific skills or tools you've learned that will be beneficial in the role, such as analysis, research or software proficiency.

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Tell us about a time you worked in a team. What was your role?

When responding, share a specific team project, detailing your contributions and how you supported team collaboration. Highlight the importance of teamwork in achieving a common goal, which aligns with McDonald’s values.

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How do you stay current with changes in tax regulations?

Demonstrate your proactive approach to keeping up with industry news and changes in tax regulations. Mention resources you follow, such as tax journals, professional organizations, or courses, emphasizing your commitment to continual learning.

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What motivates your interest in a career in tax accounting?

Share your personal motivation for pursuing a career in tax accounting, such as a passion for problem-solving, interest in the business landscape, or desire to make a positive impact. Relate this back to McDonald's mission to create a positive impact globally.

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What do you hope to learn from this internship at McDonald’s?

Articulate your goals for the internship, indicating specific skills or areas of knowledge you wish to gain. Express enthusiasm for mentorship opportunities and potential career paths that might emerge from this experience at McDonald’s.

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McDonald's Corporation is a chain of fast food restaurants. Headquartered in Oak Brook, Illinois, the company's famous menu items include the Big Mac, Chicken McNuggets and Egg McMuffin. McDonald's is a publicly owned company and operates a Canadi...

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Internship, on-site
DATE POSTED
December 22, 2024

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