Control & Reporting Associate Manager- Bev

Overview:
The Control & Reporting - Senior Analyst Costing (Beverages) is responsible to ensure completeness of financial transactions provided by IBM team and adhere to reporting guidelines. Prepare detailed monthly analysis and closely interact with operations, sales and region teams to identify business opportunities & better utilize SAP system.

**Responsibilities**:

- Financial Reporting
- Manage costing process for Beverages businesses during month-end and its related month-end transactions
- Ensure accuracy Direct material and MOH reporting in accordance with PepsiCo Inventory policies and US GAAP
- Lead IBM team to deliver all costing deliverables and meet reporting requirements as per agreed DTP (Desktop Procedures)
- Prepare monthly Costing reports which includes:

- Analysis of material revaluation account
- Analyze PPV actual results with COC by material
- Review MOH bookings among manufacturing cost centers
- Review MOH allocation among factories, brands & categories via reviewing allocation cycles
- Compare MOH with production volume & follow up on significant deviations
- Analyze direct labor cost per plant & compare with production volume
- Standard cost updates vs. previous month and justifies the differences.
- Check accuracy of the standard costing calculation and validate the planning calculation with the system calculation for FG
- Manage monthly review of Materials Usage Variance by material, Plant & Category which include:

- Monthly MUV report comparing actual consumption by material, category & Plant to both operation and R&D teams
- Monthly meeting with operations and R&D team to discuss variances & variances percentages to identify current inefficiencies and agree on corrective actions.
- Communication of agreed action plan to management in addition to follow up on its implementation across all plants
- Analysis Cost per raw case
- Cause of change month over month and year over year business rational
- Provide business recommendations monthly for finished goods based on actual activity rate analysis (MOH & labor analysis) and support in balance sheet analysis for Beverages
- Manage SAP actualization process including SAP/non SAP check points and accounts reconciliations
- Performance Management reviews
- Ensures correctness of the following on SAP for Beverages
- Material master data of any materials
- BOM changes/creation whether for standard or production version
- Current BOM’s on SAP are up to standard and up to date
- Review SAP standard cost release (raw material, packaging material and finished goods)
- Work closely with business partners to support productivity initiatives
- Manage Co-manufacturing operational control for Beverages
- Audit & Compliance
- Support both external and internal audit on costing related requests
- Ensure business compliance with Statutory, Legal and Taxation requirements, PepsiCo corporate and local business policies & procedures, and ethical business practices
- Partner with BPO (Business process Owner) and CO (Control Owner) in GCS and Fraud risk assessment, monitoring self-testing and remediation of failures. Update GCS for MIM process
- Deliver testing for costing GCS related controls
- Ensure timely closure of;
- Internal audit remediation and track progress
- BAIC issues
- Planning and Forecasting
- Prepare required analysis for Supply chain and planning finance to develop and track financial metrics and validate assumption for productivity projects to ensure tangible savings are delivered to P&L
- Special Projects
- work together with Ops team to do UAT testing for new system enhancements in plants.
- Prepare required documentation and business case analysis with BIS to implement system enhancements of COGS and inventory management areas

Qualifications:

- Minimum 8 years’ experience in accounting/control.
- Leadership experience and capability. Solid understanding of business levers.
- Change management experience coupled with good analytical abilities
- Ability to work cross-functionally, cross-geographically and across multiple cultures
- Strong internal and external communicator, influencer, and negotiator.
- Ability to set and priorities short, mid and long-term objectives.
- Partnering & influencing Senior stakeholders (Plants managers)
- Operations cross functional interaction and alignment
- Costing & Plant accounting experience