Manager - Finance

PepsiCo

Hyderabad, India

5-7 Years

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Posted 16 hours ago
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Job Description

Overview

The primary purpose of this role is to lead the cost planning, forecasting, and reporting processes for the Business Unit (BU), ensuring financial accuracy, transparency, and strategic insight. This includes executing the Annual Operating Plan (AOP), monthly and quarterly forecasts, and close processes, while performing deep-dive analytics and challenging assumptions to ensure robust financial submissions.
The role is responsible for presenting ingredient cost variances to senior finance leadership, identifying risks and opportunities, and partnering with procurement and supply chain teams to validate rate variances and ensure corrections are made before costs impact the P&L. It also involves recommending changes to standard costs and PIRs based on thorough investigation and understanding of financial implications.
Additionally, the role collaborates closely with plant finance teams to ensure timely and accurate reporting, supports year-end cost roll activities, and acts as a subject matter expert in costing for COGs-related projects. A key aspect of the role is championing the finance agenda across operational teams and driving improvements in cost planning and reporting processes.

Responsibilities

Responsibility for executing the BU AOP, Monthly & Quarterly deepdive Forecast process, performing analytics and challenging assumptions before reviewing the submission with the local COGs Finance Manager and highlighting key variances
Responsibility for the execution of the monthly close processes for BUs, ensuring that results are delivered RFT and on time.
Present on a monthly basis the BU Ingredient variances to the FP&A Director and the Global COGs FP&A Manager providing insight into results and timely identification of risks and opportunities versus latest FY financial outlook
Partner local procurement and supply chain to review the rate variances for BU ensuring that all variances are understood and corrections are made in advance of costs being included in the P&L. Identify where trends are not consistent with AOP/latest forecast
Recommend changes to standard costs/ PIRs where an investigation proves it is warranted - clear understanding of impacts on financials must be understood in advance
Collaborate closely with Plant Cogs teams to ensure planning and reporting process is accurate and timely. Understand on a monthly basis what variances are being booked and impact on FY Financial Outlook.
Champion the finance agenda with local Procurement and Supply Chain teams, ensuring training is provided when required
Participate in COGs projects as SME in Costing
Own AOP standards process for BU, validating changes in indices year on year and recommending changes to standards where appropriate.
Support the year end Cost roll providing data where required

Qualifications

Experience managing a P&L
5+ 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
Strong leadership skills and capabilities
Consistently shows urgency, courtesy and patience
Exceptional communication skills. Proficiency in English language
Stakeholder management across different geographies
Excellent working knowledge of COGs processes a distinct advantage
Demonstrated Track record of academic success and career progression
Strategic Insight: Ability to link volume data with business strategy.
Cross-Functional Collaboration: Strong coordination across global teams.
Advanced Analytics: Skilled in identifying trends and delivering insights.
Executive Communication: Clear and impactful presentation of complex data.
Systems Optimization: Enhancing tools and automating reporting processes.
Change Leadership: Driving improvements and adapting to evolving needs.
Innovation Mindset: Proactively improving processes and tools.

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: 147021443

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