US Accounts Receivable Specialist

$52,900 - $62,200/Yr

Yum! Brands - Louisville, KY

Full-time - Entry Level

Louisville, KY

10,001+ employees

Food Services and Drinking Places

About the position

The US Accounts Receivable Specialist will be responsible for ensuring the integrity and timely recording of Accounts Receivable transactions for the KFC and Taco Bell Brands. This role involves collaboration with various cross-functional teams and requires strong accounting skills, attention to detail, and effective communication to manage financial transactions and resolve inquiries.

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.
• 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.
• Prepare the daily bank deposit and tracking logs, downloading daily banking activity from US bank and Wells Fargo and comparing 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.
• Monitor and research unapplied cash deposits that are received, working with franchisees and U.S. Control to understand such payments.
• Prepare period end unapplied cash detail and routinely reassess throughout the period for proper cash application.
• Support external/internal audit requests, SOX Peer Reviews, and special projects as necessary.
• Prepare and ensure timely completion of account reconciliations for Yum and Yum Connect at month end.
• Process monthly miscellaneous billings for Dragontail and TicTuk, creating new customers upon request, and assist in corrections throughout the period as needed.
• Identify process improvement opportunities by working closely with Supervisor/Manager and IT to incorporate best practices.

Requirements

• 1-3 years public or private industry accounting experience.
• Some College Accounting coursework completed.
• Strong Computer Skills: Experience with JDE and Microsoft products (such as Excel Pivot tables, vLookup formulas, etc).
• Excellent communication skills, both verbal and written, and strong interpersonal skills.

Nice-to-haves

• Experience with a large private or publicly traded Company is highly regarded.
• Experience in the QSR or retail environment.

Benefits

• 401(k) with a 6% matching contribution from Yum! Brands with immediate vesting
• 4 weeks of vacation per year plus holidays
• Onsite childcare through Bright Horizons
• Onsite dining center
• 2 paid days off per year to volunteer
• Tuition reimbursement, education benefits and scholarship opportunities
• Healthcare and dependent care flexible spending accounts
• Company paid life insurance
• Generous parental leave for all new parents and adoption assistance program
• Onsite dry cleaning, laundry services, concierge
• Onsite gym with fitness classes and personal trainer sessions
• Discounts for life's adventures (ex: theme parks, wireless plans, etc.)
• Comprehensive medical, vision and dental including prescription drug benefits and 100% preventive care
• Grow Yourself Week devoted to personal development