Manager, Franchise Finance

Job Description

The purpose of the Manager, Franchise Finance is to partner with Franchise organizations on the health of their business and to identify areas of concern/ improvement. Key responsibilities will be building relationships with key Franchisees, Lenders & Investors, conducting strategic reviews of Franchisee financials, business valuation, and executing our portfolio optimization plan through acquisitions/divestitures activities. Role also focuses on analyzing and driving improvements in overall system health as it pertains to store level economics, franchise capability, and market/regional strategies.

Key Responsibilities:

Franchise Growth

• Develop and maintain relationships with restaurant brokers and franchise lenders across the US to actively promote buying and selling opportunities within the Pizza Hut brand. Support franchisees who are looking to grow with identifying opportunities and connecting with potential capital funding sources to fund their growth. Organize annual Lenders' Day.
• Partner with Pizza Hut Development to assess new growth opportunities for the brand. Develop, test and execute incentives that encourage strategic franchise growth that is aligned with Pizza Hut's overall brand strategy and vision.
• Partner with Pizza Hut Operations and Development to ensure that all new franchisees meet Pizza Hut's rigorous standards for New Franchise Candidates. Ensure that all new franchisees are aligned to Pizza Hut's growth strategy, brand vision and commitment to operational excellence.
• Manage and execute the franchise Ownership Change process including franchisee to franchisee transfers/re-sales, and refranchising/acquisition initiatives. Create comprehensive approval memorandums supported by detailed cash flow models, key financial ratio & trend analysis, as well as an extensive review of current and future capital investment needs.
• Build/Optimize financial models to value franchise businesses in financial distress. Perform cash flow and balance sheet analysis and recommend optimal solution.

Restaurant Economics

• Monitor franchisees' financial performance by compiling and reviewing audited/internal financials statements. Review key financial ratios (Rent Adjusted Leverage, Fixed Charge Coverage Ratio) to determine risks to the franchise system and offer strategic insights.
• Lead a cross functional team focused on strategic initiatives to improve restaurant economics, focused on sales and margin growth as well as operational efficiencies. Active role with teams designed to uncover, identify, and/or create productivity opportunities or cost savings for franchisees.
• Represent Pizza Hut Finance as the primary cross-functional liaison for Operations strategic growth projects, as well as Development Closure Mitigation.
• Onboard franchisees to iLumen to enable quarterly reporting of franchisees' stores P&Ls.

Ad Hoc

• Support the Director of Franchise Finance in preparing detailed reports for Pizza Hut's Leadership Team on YTD progress against strategic goals.
• Support Pizza Hut Finance Team as needed in ad hoc projects and various strategic initiatives.

Required Qualifications:

• You will be required to attend the Plano, TX office 3 days a week on Tuesday, Wednesday and Thursday.
• Bachelor's degree required.
• 5+ years in financial analysis, specifically in the field of mergers & acquisitions, business valuation, financial modeling (NPV, IRR, DCF) required.
• Previous experience with modeling complex business issues in order to influence decisions with a data driven point of view.
• Experience with presenting to senior leadership teams.
• Strong negotiation skills and ability to influence external creditors, franchise business advisors, and legal counsel is a must.
• High motivation, intellectual curiosity, logical thinking and a desire to have a large impact on our organization.
• Must face complex business issues with persistence and stamina. Must be comfortable dealing with ambiguous business challenges.
• Clear communication, organizational and strong interpersonal skills are a necessity. Ability to partner well with cross functional departments and work with all levels of management, including senior management.
• Ability to efficiently manage workload well with shifting priorities. Ability to work independently and multi-task in a fast paced and deadline-driven environment.
• Strong analytical and problem-solving skills, strong/advanced Excel skills. Strong system/technical skills, including knowledge of Microstrategy, People Soft, Hyperion, and proficient in the full Microsoft Office Suite.

Preferred Qualifications:

• MBA Preferred - Finance, Accounting or Economics

Salary Range: $122,100 to $143,600 annually + bonus eligibility. This is the expected salary range for this position. Ultimately, in determining pay, we'll consider the successful candidate's location, experience, and other job-related factors.

About Us

Who We Are

Founded in 1958, Pizza Hut - a subsidiary of Yum! Brands, Inc. - now operates more than 18,000 restaurants in more than 100 countries. Pizza Hut is leading the way in providing customers with great experiences, innovating with technology and new products, as well as delivering exceptional service.

Our People & Culture

We're looking for people who LOVE pizza and thrive in a fun, past paced, and customer-centric environment. At our corporate campuses, Pizza Hut has created the perfect place for you to grow your career. Every day, you'll work to support our franchisees and teams across the U.S., continuously challenging yourself to feed more possibilities. In return, we'll provide professional development and career growth opportunities so that you can become your best and achieve your goals. And we'll sweeten the deal by immersing you in our world-class recognition culture and providing a robust array of benefits, some highlights include:

• Hybrid work schedule and year-round half day Fridays
• Onsite childcare through Bright Horizons
• Onsite dining center
• Onsite gym with fitness classes and personal trainer sessions
• 4 weeks of vacation per year plus holidays and time off for volunteering
• Tuition reimbursement and education benefits
• Generous parental leave for all new parents and adoption assistance program
• 401(k) with a 6% matching contribution from Yum!
• Comprehensive medical & dental including prescription drug benefits and 100% preventive care

Giving Back

As a global company, Pizza Hut aims to make the world better by acting responsibly with respect to food, planet and people. Whether it's donating food through the Harvest Program or supporting literacy with the Pizza Hut BOOK IT! Program - the company, our franchisees and our team members are committed to improving the communities we serve.

Pizza Hut is an equal opportunity workplace and committed to fostering an inclusive, diverse culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability and genetic information (including family medical history).