PepsiCo - In 1965, Donald Kendall, the CEO of Pepsi-Cola, and Herman Lay, the CEO of Frito-Lay, recognized what they called “a marriage made in heaven,” a single company delivering perfectly-salty snacks served alongside the best cola on earth. Their vision led to what quickly became one of the world's leading food and beverage companies: PepsiCo. Our company is made up of seven divisions: PepsiCo Beverages North America; Frito-Lay North America; Quaker Foods North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia/New Zealand and China. Each of these divisions has its own unique history and way of doing business.
The role will lead all Control functions of PepsiCo Foods, Nigeria which include Reporting, Operational Control, Tax and Treasury, AP, AR & Internal and External Audit for two legal entities.
The role will have authority for approval of business expenses, manage a team of operational managers and form part of MU’s Operational Leadership team (Total direct/indirect reports – 7).
The Financial Controller will manage Nigeria MU’s Control scope (Reporting on HFM, Marketing sales curve, Distributors claims & payments follow ups, review monthly discounts, manage all the accruals across all the entities, prepare the monthly Flash files & balance sheet schedules, prepare Operating cash flow, prepare A&M monthly submission, prepare the annual credit limits per distributor, prepare the monthly amortization true ups, approve business payments, payroll governance, interact with Banks on LC & OD facilities, etc
The role will engage and interact with process stakeholders of Nigeria MU, SA Reporting & Control Team & SSA CFO with different levels - including L6 to VP executives as well as manage relationships and interactions with the internal and external auditors.
Responsibilities
Lead Financial reporting cycle (Monthly, Quarterly and Annually) for Nigeria Foods (FCPL & PFNL) including review and presentation of Flash, BSR and Cashflow to MU and BU leadership.
Act as first point of contact for all control matters
Lead the overall Control agenda by leveraging PepsiCo Global Control Standards framework, and ensuring business risks are mitigated
Organize Control structure whilst leveraging SSA Control and COE’s.
Provide support to the Supply Chain, Commercial and Marketing functions through visibility on spend, Ensuring accurate reporting, Identifying areas of waste, Effectively safeguard company resources, Value add business analytics & Partnering with key stakeholders to provide insights into business operations through value-add analytics
Interact with Coman Finance team in resolving
Provide evaluations and insights across BUY, MAKE, MOVE and SELL via Deep Dive Reviews through business partnering, support the Business Agenda through risk and opportunity identification
Drive proportional ownership and execution on key controls and Process improvements
Integration of Business processes and systems across the two businesses
Serve as contact for external auditors in preparation for their annual IFRS reviews and liaise with Corporate Audit and Risk Management senior leadership to ensure constant updates on the key controls initiatives
Support cash flow processes to drive improvements in forecasting and working capital management and work with FP&A to drive efficiencies in reporting
Demonstrate ethical leadership, business integrity and drive an overall healthy Control Environment
Lead Balance Sheet review process, Drive quarterly BSR’s with LT, SSA Controller and South Africa Controller.
Drive development, implementation and maintenance of operating policies
Executing Various Ad Hoc Projects
Manage statutory compliance/reporting requirements for two legal entities.
Qualifications
Minimum of a Degree in Accounting / Financial Management
Accounting Professional designation advantageous (CIMA or CA)
8 - 10 years post qualification experience in Reporting/Control/Audit
A minimum of 3 years’ experience as a Reporting/Financial Analytics or similar, preferably in a FMCG environment.
General/Broad Finance experience, with extensive experience with manufacturing standard costing and other costing methods
Extensive experience in ERP/SAP systems
Extensive experience in PepsiCo to drive integration agenda and raise MU standards of Control function
Strong communication skills in English a must.
Competency in the following skills:
Computer literacy
Advance knowledge of MS Office
Intermediate to advanced knowledge of SAP
Budgeting and financial interpretation skills
Audit - IFRS & US GAAP knowledge
Effective communication and organisational skills
Strong Administration skills
A minimum of 3 years’ experience as a Reporting/Financial Analytics or similar, preferably in a FMCG environment.