The posting
Job Description
Who is Yum! Brands? Ready to make your mark at an iconic global powerhouse? Join Yum! Brands - the parent company behind KFC, Taco Bell and Habit Burger & Grill - be a part of our reinvention for Greater Growth.
We are a culture-driven company where innovation, collaboration, and passion fuel everything we do. We’re seeking talented individuals to make a difference across our global business. Whether you’re just starting out or stepping into leadership, you’ll help shape our future by delivering results that matter and bringing your smart, heart, and courage to the table.
If you’re ready to grow with a company that values curiosity, high performance, and meaningful work—join us. Let’s build the future of Yum! together!
About the Job:
Join Yum!'s Global M&A team and help unlock growth across one of the world's largest restaurant companies. The Associate Manager, M&A evaluates and executes transactions that shape Yum!'s long-term growth strategy, including acquisitions, divestitures, equity investments, and refranchising transactions.
Reporting to the Director of M&A, this role will support the M&A team across the full transaction lifecycle, including acquisitions, divestitures, equity investments, and refranchising initiatives for Yum! and its portfolio of iconic brands: Taco Bell, KFC, and the Habit Burger Grill.
The role includes exposure to leaders throughout the organization as well as other third-party transaction-related advisors and our world-class franchisees.
You will be required to attend the Plano, TX office three days per week (Tuesday - Thursday).
Salary Range:
$110,500 - $130,000 + 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.
Responsibilities
• Independently evaluate and execute acquisitions, divestitures, equity investments, and refranchising initiatives across Yum! and its brands, with guidance provided on more complex transactions. • Partner with senior deal leads to underwrite opportunities, including financial modeling, valuation analysis, and scenario planning to support investment and capital allocation decisions. • Analyze and synthesize deal materials shared with Yum and translate findings into clear recommendations. • Review transaction documents and support negotiations alongside legal teams, including Letters of Intent, Asset Purchase Agreements, and related deal documents. • Support and eventually lead U.S. refranchising transactions from initiation through closing, including preparation of offering materials and coordination with brands and franchisees. • Manage closing and post-closing processes, ensuring all deliverables and follow-ups are completed. • Serve as a key project manager for assigned transactions, coordinating internal and external stakeholders and ensuring timelines and approvals are met. • Partner with brand teams and cross-functional stakeholders to prepare transactions for Deal Committee and Capital Committee review. • Maintain and enhance Yum!’s M&A knowledge base and best practices.
Qualifications
Minimum Requirements: • Bachelor’s degree required in Business, Finance, Accounting, or a related field; MBA, CFA, or CPA a plus. • Approximately 7+ years of professional experience in M&A, corporate development, investment banking, management consulting, strategy, or a related field (or fewer years with an MBA). • Strong financial analysis skills, including advanced financial modeling, valuation techniques, and financial statement analysis. • Strong written and verbal communication skills, with the ability to engage effectively with senior leadership and external partners.
Preferred Qualifications: • Experience in consumer, retail, restaurant, franchise, or asset-light business models is a plus. • Proven project management skills and ability to manage multiple workstreams concurrently. • Advanced proficiency in Microsoft Excel and PowerPoint.
Benefits: Employees (and their eligible family members) may enroll in the following types of insurance coverage: medical, dental, vision, legal, and accidental death and dismemberment, as well as FSA/HSA (depending on enrolled medical plan). Yum! also provides short-term disability, long-term disability, and life insurance. Employees may enroll in our 401(k) plan. Yum! provides 4 weeks of vacation, paid sick leave, 10 paid holidays, a floating day off and 2 paid days for volunteer time each calendar year. To learn more about working at Yum! -Click here.
At Yum!, one of our core values is to Believe in ALL People. This means seeing the value in everyone and unlocking their full potential to be their best self. YUM! Brands, Inc. (including its subsidiaries Yum Restaurant Services Group, LLC (“YRSG”) and Yum Connect, LLC (“Yum Digital and Technology”) (collectively, “Yum”) is proud to be an equal opportunity employer and is committed to equity, inclusion, and belonging for all dimensions of diversity. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other protected characteristic. Yum! is committed to working with and providing reasonable accommodation to applicants with disabilities or special needs.
US Job Seekers/Employees - Click here to view the “Know Your Rights” poster and supplement and the Pay Transparency Policy Statement.
This posting will be open for a minimum of two weeks. Applications will be accepted on an ongoing basis until a candidate is selected.
Beware of fake job postings using Yum! and/or our brand logos -- KFC, Pizza Hut, Taco Bell and Habit Burger & Grill -- on fraudulent sites. Yum! Brands only posts jobs on official career pages and never asks for money during onboarding. Avoid unsolicited contacts via Telegram, WhatsApp or similar social apps.
