Control & Reporting Assistant Manager
Job Description
<strong>Overview</strong><p><br></p><strong>PepsiCo’s strength is its people. Winning together is all about respect for one another’s unusual traits, backgrounds, perspectives and experiences. Our teams reflect the diversity of our customers and our communities, breaking down barriers and winning awards.</strong><p><br></p><strong>Around the world, we’re working hard to give people the tastes they crave and the nutrition they need. We dream globally and act locally, constantly innovating to sustain our planet, our people, our communities and our business practices. As a global food and beverage company with brands that stand for quality and are respected household names such as Quaker Oats, Tropicana, Gatorade, Lay’s and Pepsi-Cola, we are committed to Performance with Purpose; pushing to be best and fully committed to the people we share the planet with.</strong><p><br></p><strong>Are you ready to explore PepsiCo and be part of this iconic multinational? Seize the day for real life on the job Learning? Enjoy some flexibility that will ensure you are balancing your personal and professional life?</strong><p><br></p><strong>Our employees are at the heart of PepsiCo. Through the Company’s dedication to Talent Sustainability, we continue to support the development of employees. A possibility, our employment brand, reinforces our dedication to our people; enabling them to reach new heights in their careers and becoming truly world-class talents. PepsiCo is universally recognized as one of the best companies in the world for leadership development.</strong><p><br></p><strong>Supervise the overall functions of the Warehouse and ensure Sales are served in line with company.</strong><p><br></p><strong>The Assistant Reporting Manager is responsible for the Financial Reporting function after Control & Reporting Association Manager covering full section, including, SAP GL master responsibility, leading month close activities, managing IBM teams, leading balance sheet review, driving DAPLR, leading BLACKLINE accounts, responsible for PI Intercompany activities including TEQ/HBS/CBS, etc. & facilitating tax manager in VAT/WHT filing, supporting treasury in cash and bacnk issues including resolving bank open items and time deposits, driving monthly/quarterly balance sheet reviews, , co-ordinalting annual KPMG audit from engagement to the final approved financial statements, working with BU planning team on certain reporting submisisons.</strong><p><br></p><strong>We created a new legal entity in Saudi to work as a regional head quarter for ME BU botrh Food & Bev where the BU LT would move to that new entity, the Assistant Reporting Manager would lead the majority of finance activities</strong><p><br></p><strong>Responsibilities</strong><p><br></p><strong>Eliminated Activities</strong><p><br></p><strong>HFM Reporting</strong><p><br></p><ul><li>Following sector COE reporting calender and co-ordinating BU teams for the required data and information to close the month</li><li>Supporting Control and Reporting Associate Manager, in handeling part of HFM reportings independently, e.g., Quality of Earning, Bonus/D&A/A&M FIFO, charitable donations, reparted party transactions, COVID cost, etc.</li><li>Handling month close HFM reporintg of FAS and pre submission vlaidations</li><li>Monthly HFM WHT submission of PI intercompany</li><li>Monthly/Quarterly analysis of Balance Sheet & Cash flow according to HFM submission.</li><li>Monthly & quarterly financial statements inclsuing BS KPIs (DPO, DSO, DII for CCC).</li><li>Building inhouse HFM awareness by different connects with control and planning team</li></ul><p><br></p><strong>Added activities</strong><p><br></p><ul><li>Manage all regional head quarter financials includes lease amortization, cost allocation from RHQ to all other entities receiving cost</li><li>Manage all intercompany transactions between RHQ & other PEP affiliates</li><li>Support both external and internal audit on financial statements</li><li>Support Tax Manager in providing all supporting data and eveidencs required for all DZIT filings, e.g., Income Tax, WHT and Zakat</li><li>Ensure business compliance with Statutory, Legal and Taxation requirements, PepsiCo corporate and local business policies & procedures, and ethical business practices</li><li>Leading the monthly close & all related checklist</li><li>Monthly monitoring of all BLACKLINE accounts (Key/Non-Key) up to review level as HFM requirement</li></ul><p><br></p><strong>No Change activities</strong><p><br></p><strong>Performance Management Reviews</strong><p><br></p><ul><li>Leading month close calendar targets alongwith actual compliance reporting post month closing, strengthing the ATC</li><li>Monthly review of SAP trial balances (F.01) vs cost cente reports (FGI0) for accurate reporting</li><li>Monthly review of SAP edit logs to ensure GL/CC master data compliance</li><li>Ensure completeness of all financial transactions provided by the IBM team and communicate the needed adjustments.</li><li>Prepar the monthly/Quarter BSR and lead the follow-up on the needed actions</li><li>Monitor BS KPI’s (DPO, DSO, DII and CCC) through monthly interaction with the related business parterns in addition to the monthly casue of change and follow up on the action plans.</li><li>Monthly DAPLR pre run reconciliation vs SAP and post run reconciliation vs HFM</li><li>Monthly monitoring of all BLACKLINE accounts (Key/Non-Key) up to review level as HFM requirement</li><li>Monthly Intercompany reconciliations including resolving the subsequent variances; consisting TEQ payroll transactions, GBS (HBS/CBS), A&M global cross charges, etc. ensuring no variance in SunCore reporting</li><li>Monthly G&A OpEx review with BU planning and GBS/HBS team then to present the same to Controller and CFO</li><li>Ensure conducting the Fraud self RA plan twice a year for R2R cycle according to our GCS agenda.</li></ul><p><br></p><strong>Audit & Compliance</strong><p><br></p><ul><li>Support both external and internal audit on financial statements</li><li>Support Tax Manager in providing all supporting data and eveidencs required for all DZIT filings, e.g., Income Tax, WHT and Zakat</li><li>Ensure business compliance with Statutory, Legal and Taxation requirements, PepsiCo corporate and local business policies & procedures, and ethical business practices</li><li>Partner with BPO (Business process Owner) and CO (Control Owner) ensuring compliance with defined controls</li><li>GCS and Fraud risk assessment, monitoring self testing and remediation of failures. Update GCS for the following R2R process.</li></ul><p><br></p><strong>Planning and Forecasting</strong><p><br></p><ul><li>Partner with BU FP&A team in reporting monthly volume flash, tax planning, marketable spend curve validation, etc.</li></ul><p><br></p><strong>Special Projects</strong><p><br></p><ul><li>Identify scope for process improvements and interventions from time to time to achieve process simplification / better controls / process standardization / accounting / outsourcing i.e. Black line</li></ul><p><br></p><strong>Qualifications</strong><p><br></p><ul><li>5+ years’ experience in financial accounting in FMCG. </li><li>Results oriented, takes initiatives to get things done and work under pressure.</li><li>Excellent communication skills. </li><li>Good knowledge of local and US Accounting Standards </li><li>Good knowledge of and experience with finance and accounting issues.</li><li>High level of interpersonal skills to work effectively with, for and through others..</li><li>Ability to relate to all levels throughout the corporation </li><li>Bachelor of Accounting/Finance subject. Postgraduate qualification preferable.</li></ul>
