Financial Accounting Manager (Statutory Accounts)

Job Description

Auto req ID: 195214BR

Job Description

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com.

We’re looking for a high performing Financial Accounting Manager to join our Financial Control team here at PepsiCo. This role is a great step into industry; the post holder will be responsible for managing statutory accounts and tax pack preparation for all UK legal entities (total of 12 entities, 4 active trading companies). They will also lead the implementation of any new IFRS requirements for all UK legal entities, UK Pension scheme accounting and reporting processes and related activities, and manage KPMG audit process for US and UK statutory audits. Project management is a core skill required for this role as the postholder will lead UK projects within the UK reporting team.

Key responsibilities:

  • Manage the completion of UK GAAP statutory accounts including preparing the more complex elements of the main trading entities such as share options and pensions, lease accounting and US to UK GAAP adjustments
  • Support the UK Tax Manager with the completion of the UK corporation tax computations and returns, with key involvement in preparing and reviewing the more detailed and complex areas such as pensions, fixed assets and other expenses
  • Manage and train a team of 2 offshore IBM team members in delivery of IBM Statutory & tax team, preparation of the less complex areas of the statutory accounts and tax computations of the main trading entities, in addition to the non-trading and dormant entities
  • Implementation of any new statutory reporting requirements under FRS101 for all UK legal entities
  • Key contact with KPMG (external advisors) for statutory audits and fixed asset audits of all UK entities
  • Design and maintain monitoring procedure for statutory and corporation tax processes
  • Identify and assist in remediating any weaknesses and implementing simplification and continuous improvement activities within the Statutory and tax accounting processes
  • Provide ad hoc project support to other members of the UK reporting team for areas such as cash mobilisation and restructuring
  • Bank administrator responsibilities – maintaining, adding and removing users from HSBC and BOI accounts
  • Control Owner for GCS & SOx controls in areas of core responsibility
  • Prepare quarterly and annual forecasting of pension balances

Qualifications/Requirements

  • Qualified financial accountant (ACA, ACCA, FCA) - first time passes desirable
  • Solid understanding of UK GAAP and IFRS and UK statutory reporting requirements. US GAAP and FRS101 knowledge would be an advantage
  • Strong communicator, capable of influencing external advisors
  • Good project management skills
  • Self-starter, proactive approach
  • Corporation tax accounting experience an advantage

We are an equal opportunity employer and comply with the Equality Act 2010, we value diversity at our company; it is an essential part of our success. We do not discriminate on the basis of age, pregnancy or maternity, marital/civil partnerships, religion or belief, sex or sexual orientation, gender or gender reassignment, disability or race including; colour, nationality, ethnic or national origin.

#LI-UK

Relocation Eligible: Not Applicable
Job Type: Regular


We are an equal opportunity employer and comply with the Equality Act 2010, we value diversity at our company; it is an essential part of our success. We do not discriminate on the basis of age, pregnancy or maternity, marital/civil partnerships, religion or belief, sex or sexual orientation, gender or gender reassignment, disability or race including; colour, nationality, ethnic or national origin.