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Manager Treasury Assoc Analyst

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Job Description

Overview

Tax Lead and Direct Tax Support


Responsibilities

1. Ensure Daily Liquidity & Business Continuity - Maintain uninterrupted liquidity for operations, capex, and statutory payments by delivering accurate cash positioning and funding across all entities, bank accounts, and geographies-zero payment failures and no idle cash above policy thresholds.
2. Maximize Yield on Surplus - Maximize net interest income within the Board-approved investment policy and credit limits.
3. Treasury Controls, Compliance & Governance - Maintain zero non-compliances with Board policies, debt covenants, and internal controls (segregation of duties, dual authorization, deal confirmation, counterparty limits, and audit trails).
4. Insurance - Secure insurance coverage at optimized premiums and timely claim recoveries, minimizing uninsured exposures in supply chain and sales operations.
5. Tax Compliance & Reporting - Support Direct Tax Lead in accurate and timely filing of direct tax returns (corporate income tax, withholding tax, etc.) for PIH, PISPL and other PepsiCo Foreign entities required to file the return in India. (Annual Tax expense of USD 34 MM, average Monthly TDS & TCS Pymnt USD2.5MM)
6. Manages audits, assessments, and correspondence with tax authorities.
7. Maintains documentation to support tax positions and disclosures.
8. India Tax compliances for Foreign Entities
9. Risk Management - Identifies potential exposures, and manages litigation. (BAIC exposure involved in Direct Taxes is USD 490 MM)
10. Financial Accuracy - Supports statutory and internal financial reporting by ensuring correct tax provisioning. Reconcile tax accounts, and ensure audit readiness.
11. Managing quarterly Advance Tax payments and tax forecasts (Sep quarter payment USD10MM)
12. Proactive partnering with Sales, Supply Chain, FP&A, Financial Reporting and Tax.


Qualifications

CA

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About Company

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: 144979063