Finance Assoc Manager

Job Description

Auto req ID: 204530BR

Job Description

Responsible for accounting and control for the Indirect categories (i.e.; POS/Promotions, Capital, MRO, Facilities, Services & Travel, Graphics Commercialization, Fleet and Marketing Equipment) as well as cash management & forecasting and Independent Bottler support.

The role manages one direct report.

This individual will need to establish direct, regular interaction with members of the COE teams (Industry Managers, Directors, Sr. Directors, VP’s, and where appropriate, the SVP), Planning (Planners, Planning Managers, and the Planning Director), and the division Controllers, Finance Directors, and their teams, to successfully execute their role and independently drive alignment on the accounting for contracts or any control concerns.

This role is expected to read and determine the accounting implications of all supply agreements negotiated by the COE teams they support. To accomplish this, they will:

  • Read and become educated on all existing contracts
  • Prepare/revise accounting checklists for those contracts and inform/drive alignment with COE and Planning teams
  • Validate proper execution of that accounting each period and quarter
  • For new contracts, read and provide accounting assessment write-up to GP Controller to support review and signing
  • Work with Corporate Derivative Accounting COE team regarding any contractual embedded derivatives, or other technical accounting items in contracts
  • Work with COE Team, Legal, and Treasury to address any foreign exchange components
  • Assist with certain communications between suppliers and applicable internal teams
This role will also need to understand basic details of Cost of Goods Sold (COGS) and weighted average price (WAP) calculations prepared by COE and Planning teams, as it relates to review and support of the Independent Bottlers
  • Periodic review of actual volumes and calculated passback for completeness
  • Review forecast vs. actual by Bottler and work with planning on discrepancies
  • Ensure timely updates and processing of the G&A model and associated billings
  • Process periodic freight G&A administrative charges and reconcile quarterly
  • Taking ownership to independently work with the rest of Control to drive changes for any accounting that is not correct
Cash Management:
  • Updating the Cash Flow Forecasting model, for communication to all GP clients (divisions and Independent Bottlers) and Corporate
  • Maintaining indirect rebate tracker files
  • Timely distribution of cash disbursements for supplier SAP payments, client disbursements for both raw and indirect materials
  • Periodic bank reconciliations, trial balance analysis, and cash closing entries
  • Year-end cash tie-out
Period accounting and transaction forms (i.e., journal entries and payment requests)
  • Ensure supporting documentation is complete, accurate, and supports the validity
  • Independently challenge inadequate documentation and provide training to address where needed
  • Review and confirm the accuracy of accounting reconciliations
  • Perform period close responsibilities and clearly explain and resolve any variances between actual and forecast
  • Perform account reconciliations. Research and resolve any issues identified.
Other accountabilities include:
  • Oversight of Agreed Upon Procedures (AUP) and IB Attestation Annual Audit
    • Calculate Final Bottler WAP Spend
    • Provide supporting audit reports and schedules
    • Work with GP SOX Compliance Manager as well as Auditors to assist with questions
  • Executing accountabilities that may be assigned for special project work
  • Helping train new Planning and COE team members on GP Policies and Control’s role and responsibilities
  • Reconciling all balance sheet accounts on GP’s Corporate profit Center

Qualifications/Requirements

  • Bachelor’s Degree in Accounting, preferably with CPA
  • Minimum of 5-8 years of related experience in Audit or Accounting
  • Strong ability to articulate and educate non-accountants regarding the reasons behind accounting requirements and controls to drive alignment & compliance at various levels of the organization
  • Understanding of Financial Accounting Standards (derivative accounting knowledge preferred)
  • Experience with Excel, Essbase, Business Objects, SAP, and Databases for quantitative analysis and qualitative presentations in PowerPoint
  • Structured, logical and creative thinking, focused on problem-solving and continuous process improvement
  • Highly organized, with strong planning and time management skills
  • Ability to work independently in a matrix organization; able to handle competing priorities
  • Strong verbal and written communications skills

Relocation Eligible: Not Eligible for Relocation
Job Type: Regular


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity

Our Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Credit Reporting Act, and all other applicable laws, including but not limited to, San Francisco Police Code Sections 4901 - 4919, commonly referred to as the San Francisco Fair Chance Ordinance; and Chapter XVII, Article 9 of the Los Angeles Municipal Code, commonly referred to as the Fair Chance Initiative for Hiring Ordinance.

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