PepsiCo is a global food and beverage leader with a product portfolio including 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world. At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. Our collaborative culture and worldwide presence generate a stream of new opportunities to define the future and propel your life’s work. Bring your unique perspective. Bring curiosity. Bring ingenuity, and drive. We’ll give you a platform to be daring on a global scale.
VACANCY DETAILS :-
POST NAME - Financial Assistant Supervi
QUALIFICATION - CA/CMA
EXPERIENCE - 0 To 2 Years For CA & 2 To 4 Years
LOCATION - Patiala
JOB DESCRIPTION :-
The inventory & payables accountant is responsible for all financial aspects of inventory management for the Channo facility (including reporting, controls & reconciliations, reserve risk analysis, process order management, inventory cashflow planning & management). This role is accountable for payables and taxation of Concentrate operations, as well as completing revenue & NOPBT reporting (including managing sales pricing data) & will act as backup for the FP&A / operations finance accountant, taking ownership of specific MOH budgets. The role also provides project support, across PGCS & BU, initially focused in 2021 with PGCS inventory cashflow management across all locations.
Key Accountabilities:
Inventory / COGS
- Responsibility for financials of inventory management for Channo ($19MM value)
- Monthly close process: reconciliations & reporting
- Provide insight, analysis & forecasting of inventory levels in close partnership with supply chain & procurement teams
- Responsibility for leading communications & adherence to on PepsiCo policies as it relates to Inventory process e.g. Inventory policy
- Controls: manage cycle / stock count process & valuation adherence
- Finance Lead on MIRA (Management Inventory Risk assessment) process for Channo – this includes liaising cross functionally with Supply Chain/ Operations and Procurement to ensure all financial analysis is completed and the decision making process on reserves on Inventory is made in a timely and with a business focus, driving to mitigate risks of excess & obsolescence
- Process order management
- Usage / yield reporting & analysis, in close partnership with operations team, to identify & recommend areas of improvement & productivity
- Controls: timely process order closure management
- Lead external audit of inventory & explanations
Accounts Payable
- Resolve all Vendor Payment and reconciliation issues with procurement team
- Invoice verifications for Raw Material, packing Material, OGS and capex
- Input credit reversal under GST for expired RMPM and FG
- Preparation of all GST registers & related queries of India BU tax teams
- Work with Statutory executive to ensure timely filing of GST returns, GST/Excise Audits and sales Tax Assessments
- Work with SSC & Treasury Team to ensure import payments are timely made and accurately accounted for.
- Prepare NR Reconciliation during Month closing
- Preparation of NOPBT file during month end
- Ensure all pricing of FG items on monthly and need basis as per price circular
- Responsible for preparation of Balance sheet schedules with detailed analysis and qualitative commentary of open items.
- Preparation of monthly and YTD MOH reporting
- Work with all Budget Holders for MOH Plan Vs actuals Cause of change
- Prepare MOH Forecasts – Quarterly and AOP with Detailed Cause of Change
- Ensure Monthly BPC upload for MOH
- MOH and S&D Month end actual pack preparation and cause of change
- Work as a Navigator to support PGCS Inventory and Cash flow Management Agenda.
- Work with various PGCS Plants to Prepare and consolidate the Inventory on Monthly basis .
- Provide comparison of Actual vs target with break up of Inventory into RM/FG/Coded subsets.
- Work and deep dive with F&A/SCM teams to provide qualitative commentaries on variances.
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