Overview:
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes LAY’S ®️, DORITOS ®️, CHEETOS ®️, GATORADE ®️, PEPSI ®️, QUAKER ®️ and more. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people.
Our employees drive our culture. No two days are the same; we are dynamic and full of passionate teams that embrace new ideas through our collaborative spirit. At PepsiCo, we know that our company can only succeed when our associates and the society we serve flourishes. We are committed to fostering a diverse workforce by creating a collaborative, equitable and inclusive space where everyone, regardless of what we look like, where we come from or who we love, has a voice. At PepsiCo we create a Space to be y( )u.
“We are an equal opportunity employer and comply with the with the global human rights policies and equality laws in the countries we operate in, we value diversity at our company; it is an essential part of our success. We do not discriminate on the basis of age, pregnancy or marital/civil partnerships, religion or belief, gender, disability and we are Mowaamah -GOLD certified in Saudi.”
Learn more about our culture and life at PepsiCo: https://stories.pepsicojobs.com/
Job Overview: Support the BU Controller in the timely, accurate compilation and reporting of Quaker & IRAQ FOSO’s financial statements in accordance with US GAAP and PepsiCo policy.
We Are PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes LAY’S ®️, DORITOS ®️, CHEETOS ®️, GATORADE ®️, PEPSI ®️, QUAKER ®️ and more. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people.
Our employees drive our culture. No two days are the same; we are dynamic and full of passionate teams that embrace new ideas through our collaborative spirit. At PepsiCo, we know that our company can only succeed when our associates and the society we serve flourishes. We are committed to fostering a diverse workforce by creating a collaborative, equitable and inclusive space where everyone, regardless of what we look like, where we come from or who we love, has a voice. At PepsiCo we create a Space to be y( )u.
“We are an equal opportunity employer and comply with the with the global human rights policies and equality laws in the countries we operate in, we value diversity at our company; it is an essential part of our success. We do not discriminate on the basis of age, pregnancy or marital/civil partnerships, religion or belief, gender, disability and we are Mowaamah -GOLD certified in Saudi.”
Learn more about our culture and life at PepsiCo: https://stories.pepsicojobs.com/
Job Overview: Support the BU Controller in the timely, accurate compilation and reporting of Quaker & IRAQ FOSO’s financial statements in accordance with US GAAP and PepsiCo policy.
Complete payroll process for Dubai based employees.
Support well-controlled environment to safeguard company assets
Responsibilities:
Support well-controlled environment to safeguard company assets
- Responsible for timely and accurate submission of Quaker financial results on a monthly basis in accordance with US GAAP and PepsiCo Policy. Ensure that all the account balances are matching with our accounting software SAP with 0 difference between SAP and HFM.
- Standardize processes within the Quaker business to improve governance and have the necessary controls in place.
- Ensure Quaker transactions are reported correctly on SAP eliminating manual processes; Responsible for training the Quaker team to ensure SAP is being fully utilized.
- Review credit limits, release purchase orders for Quaker related to Cogs, S&D, A&M, D&A etc.
- Work with Marketing team to finalize accruals related to Quaker and review these accruals each month to ensure that they are still appropriate.
- Responsible for submitting P/Q/A schedules on HFM and providing quarter analysis on balance sheet, P&L, Volume and GNG which is included in PepsiCo quarterly 10K
- Responsible for submitting the Tax package to Global Corporate team on an annual basis for Quaker
- Prepare monthly VAT returns and raise adhoc queries with the UAE Government Federal Tax authorities.
- Responsible for KPMG Audits for current years and also closing out of old audits to ensure compliance with local statutory requirements
- Lead balance sheet review process on a quarterly basis with leadership team
- Guide and support the Quaker team on PepsiCo financial policies and partner with the team on adhoc projects to drive the business agenda
- Focal point for any spend schedule review and policy compliance
- Partner with planning on the working capital forecasts
- Work closely with all the distributors and ensure recovery of funds in a timely manner
- Responsible for timely and accurate submission of Iraq financial results on a monthly basis, in accordance with US GAAP and PepsiCo Policy.
- Coordinate with CFI team and ensure reporting correct financials on a monthly basis.
- Ensure Iraq transactions are reported correctly on SAP eliminating manual processes.
- Responsible for submitting P/Q/A schedules on HFM related to Iraq
- Release purchase orders for Iraq
- Work with Marketing team and GICO to finalize accruals related to Iraq and review these accruals each month to ensure that they are still appropriate
- Control owner for Iraq FR GCS controls and documentation.
- Guide and support the Iraq team on PepsiCo financial policies and partner with the team on adhoc projects to drive the business agenda
- Focal point for any spend schedule review and policy compliance related to Iraq business
- Partner with planning on the working capital forecasts related to Iraq business
- Partner with GICO team and ensure their advances are captured and SOA updated on a regular basis
- Responsible for submitting the Tax package on an annual basis for Iraq
- It involves co-ordination with IBM, Allsec, AMESA HR and approx. 200 Employees.
- Payroll earlier was for PCIL and PGI but it is now separate for Quaker and therefore additional WPS and additional JV for Quaker.
- Payroll is not the same every month. With constant transformation going on since last 2 years, there are various situations different for each employee and I being the main point of contact in Finance handling this.
- Recently some 60 employees changed from TEQ to Local pay plan which has made the process time consuming and strenuous.
- Minimum 8 years of experience with at least 2 years in a financial reporting role
- Good knowledge of fundamental Accounting Principles.
- Strong analytical skills.
- Strong accounting experience, preferably in FMCG environment.
- Strong Financial Modelling and PowerPoint skills
- knowledge and experience of leading commercial work
- High Jorel of problem-solving skills
- Advanced understanding of business system economics.
- Solid analytical & functional skills. Ability to connect the dots / see the big picture without losing sight of details.
- Analytical thinking
- Good communication and interpersonal skills.
- Strong accounting and financial reporting work experience.
- Knowledge of US GAAP, IFRS.
- Knowledge of ERP especially SAP is a must.
- Knowledge of Hyperion (HFM) is a must.
- Working knowledge of Hyperion and Excel Retrieve.
- BS in Accounting, Preferably CMA/ CPA /ACA/ MBA