Associate Manager - Finance

PepsiCo

Hyderabad, India

3-5 Years

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Posted 6 hours ago
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Job Description

Overview

To lead the cost planning, forecasting, and reporting processes for a specific plant or location, ensuring financial accuracy, timely submissions, and actionable insights. This includes executing the Annual Operating Plan (AOP), monthly and quarterly forecasts, and close activities, while analyzing cost variances and challenging assumptions to improve forecast reliability.
The role collaborates closely with local procurement, supply chain, and plant finance teams to review rate variances, recommend changes to standard costs, and ensure corrections are made before costs impact the P&L. It also supports the development and validation of annual cost standards, contributes to year-end cost roll activities, and champions the finance agenda by providing training and guidance to operational teams.

Responsibilities

Responsibility for executing the Plant/Location's AOP, monthly & deepdive quarterly Forecasts , performing analytics and challenging assumptions before reviewing the submission with the local COGs Finance Manager and highlighting key variances
Responsibility for the execution of periodic and month end close processes for Plant/Location's, ensuring that results are delivered RFT and on time.
Review of monthly rate variances for Plant/Location's ensuring that all variances are understood and corrections are made in advance of costs hitting the P&L - close collaboration required with local procurement and supply chain. Identify where trends are not consistent with AOP/latest forecast
Recommend changes to standard costs where an investigation warrant - clear understanding of impacts on financials must be understood (underlying knowledge of COGs must be excellent)
Collaborate closely with Plant Cogs person to ensure planning and reporting process is accurate and timely. Understand on a periodic basis what variances are being booked.
Champion the finance agenda with local Procurement and Supply Chain teams, ensuring training is provided when required
Prepare AOP standards on an annual basis, validating changes in indices year on year and recommending changes to standards where appropriate.
Support Year end Cost Roll validating & providing data as required

Qualifications

Experience in analysing and distilling large amounts of data into meaningful and presentable content to support decision making
Strong financial skills, excellent communications and problem solving
Excellent working knowledge of COGs process
3+ years of experience in finance, planning and/or accounting
MBA / CA / CMA preferred
Experience in financial systems & programs (BOBJ, Essbase, PowerBI, Excel, SAP)
Able to work independently and takes initiative
Detail-oriented organized in approach in document maintenance
Consistently shows urgency, courtesy and patience
Exceptional communication skills. Proficiency in English language
Stakeholder management across different geographies

More Info

Job Type:

Permanent Job

Industry:

Food Processing & Packaged Food

Function:

Finance

Employment Type:

Full time

About Company

PepsiCoJob Source: www.pepsicojobs.com

PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition was Pioneer Foods in 2020 for $1.7bn [3] and before that it was the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998.

Job ID: 137485153

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