Accounting Operations Sr. Analyst
3 months ago
Overview:
**Responsibilities**:
**Financial Reporting**
- Ensure accuracy of financials in accordance with PepsiCo Inventory policies and US GAAP
- Ensure that all the monthly expenses are accounted for in the relative month
- Highlight any balance sheet and P&L risks to ensure timely provisioning (QoE)
- Conduct variance analysis of the cause of change to compare actual vs. Plan/YAGO/PAGO
- Develop and maintain a standard cost accounting system
- Prepare and present financial reports to the CFO, Financial Controller, and Operations controller
- Provide ad hoc financials analysis and support as required.
**Operational Finance**
- Analyze and control co-man plant costs, including materials, labor, and overheads
- Identify cost-reduction opportunities and implement cost-saving initiatives
- Monitor inventory levels and manage inventory valuation if required
- Ensure proper execution of monthly/quarterly/annual inventory count for Raw materials, Spare parts, and consignment Fixed assets
- Control and monitor SAP blocked, damaged, obsolete, and near or expired products
- Perform the monthly waste reconciliation based on the agreed BOM.
- Follow up on credit notes based on the contractual penalties for abnormal waste and ensure proper approval and justifications are in place according to the SOA.
- Track contractual obligations for volume minimum commitments and ensure proper accrual recording.
- Supervise the process of selling scrap and ensure that it is done in accordance with the policy.
- Review unusual movements used to avoid any operation/financial risks.
- Ensure the accuracy of reserves and investigate/take corrective actions for any abnormalities.
- Review & approve Purchase order (PO) Price Variance (PV) for deviations vs contract prices.
- Monitoring of PO1 GLs for fleet to ensure compliance and accuracy
**Audit & Compliance**
- Coordinate with internal and external auditors for periodic audits
- Develop & maintain a robust system of internal controls to safeguard assets
- Ensure business compliance with Statutory, Legal, and Taxation requirements, PepsiCo corporate and local business policies & procedures, and enforce execution
- Conduct sudden visits to locations to ensure proper adherence to policies and procedures
- Investigate & report inventory deviations and implement mitigation controls.
- Partner with BPO (Business Process Owner) and CO (Control Owner) in GCS and Fraud risk assessment, monitoring self-testing and remediation of failures
- Governance of Consigned Fixed Assets/Spare parts through the physical count of assets to reconciliation with the fixed asset register
- Ensure timely closure of any audit remediation and track progress
**Special Projects**
- Create Comans procedures with clear business role identification and responsibilities.
- Harmonize the Coman activities between Beverages and snacks
- Collaborate with AMESA markets to evaluate current practices and update Egypt's process accordingly.
Qualifications:
- Education: Bachelor’s degree in Accounting, Finance
- Postgraduate qualification preferable CPA, CMA, or MBA.
- Experience: 7+ years of experience in finance or accounting, with at least 3 years in a manufacturing environment.
**Skills**:
- Strong Knowledge of cost accounting, Inventory management, and financial analysis.
- Proficiency in SAP ERP system (Costing and PO experience)
- Experience with Performance Metrics, Productivity Processes, and Best Practices implementation.
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