Internal Control Manager

PepsiCo

16h

About The Position

The role is responsible for leading Internal Control agenda in Vietnam including the design, implementation, and monitoring of key financial reporting risks to ensure compliance with Global Control Standards (GCS), BSR SOX requirements, Global Standard Operating Procedures of PepsiCo Internal Control Catalogues as well as fostering a strong control culture within Vietnam Foods. This includes assisting Business Process Owners on risk assessments including fraud risks, updating control documentation, executing, monitoring and reporting the testing results for financial reporting controls classification, reviewing segregation of duties conflicts and ensuring the sufficient mitigating activities, coordinating audits, and ensuring timely remediation of control gaps as well as provide supervisory to the Business to support on the control transition of new Internal Control project especially on operation/compliance controls. The position also leads on Schedule of Authority rollout, enterprise risk management, and partnering with IT and Business on driving the automation, GCS and key policy training as well as support on some compliance work. Acting as a key liaison between business units, region teams, and auditors to ensure robust internal controls, regulatory compliance, and a strong governance culture across all processes.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or related field
Strong understanding of internal control frameworks, risk management, and compliance standards
Proficiency in English
Ability to lead projects, routine/non-routine risk assessment, internal control agenda and influence cross-functional teams
Strong analytical and problem-solving skills
Critical thinking and well understanding of risk and control concept
Excellent communication and stakeholder management abilities
High integrity and commitment to ethical standards
Ability to communicate to senior leadership at MU, OU, Region, and Corporate level
Ability to prepare and communicate decks to explain complex control issues and proposals to senior leadership
Be able to work independently and under pressure
Good interpersonal, organization, and problem solving skills
Attention to details and strong commitment
Minimum 8 years in internal controls, audit, or risk management within FMCG or multinational companies
Experience of preparing and presenting to senior leaders
Experience of SAP control concepts, including SoD, configurable controls
Experience in IT General Controls

Nice To Haves

CPA, CIA, or equivalent certification preferred

Responsibilities

Control & Compliance – GCS & Supporting SOX BSR Requirements
To lead implementation and sustainment of the PepsiCo Internal Controls Framework (GCS4.0), embed risk awareness and control consciousness as well as strengthen proportional ownership within the Market Unit (MU)
To lead on development and roll out of Schedule of Authority for Vietnam Foods
To develop GCS training materials, conduct GCS, SOA, and related policies training at least on an annual basis
To facilitate Business Process Executives/Process Owners/Sub-Process Owners on an end-to-end risk assessments including fraud risks, updating control documentation, executing, monitoring and reporting the testing results for financial reporting controls classification, reviewing segregation of duties conflicts and ensuring the sufficient mitigating activities, coordinating audits, and ensuring timely remediation of control gaps
To provide supervisory to the Business to support on the control transition of new Internal Control project especially on operation/compliance controls
To conduct Control Capability Self-Assessment (CCSA) on an annual basis based on GCS4.0
To partner with Region Internal Control/ Global Internal Control to lead on the self-test and independent testing plan for financial reporting controls classification as well as partner with relevant control and process owners to ensure testing is timely executed, results are shared with relevant management and any control deficiencies are timely remediated with proper root cause analysis
To partner with relevant legal, IT and Business Process Executives/Process Owners/Sub-Process to understand the data classification within their function, labelling requirements and security protocols
To perform an independent testing at least on an annual basis to evaluate control effectiveness and recommend for improvement
To partner with IT/Global Internal Control to drive a strong governance over legacy applications (e.g., IT General Controls)
To review and approve segregation of duty conflicts in SAP
To act as a key liaison between business units, region teams, and auditors to ensure robust internal controls, regulatory compliance, and a strong governance culture across all processes
Enterprise Risk Management (ERM)/ Non-routine risk assessment:
To act as local Risk Governance Lead and strengthen non-routine risk assessment process for Vietnam Foods; ensure key emerging risks are identified at least on a semi-annual basis, facilitate discussions and record minutes/actions
To summarize and share emerging risks insight to the team at least on a semi-annual basis
To provide Enterprise Risk Management training/refresher to key management at least on an annual basis
Automation and Simplification:
To partner with IT and Business on driving the automation initiatives and process simplification to create efficiency
To benchmark key risks and process controls across different markets and continue on streamline and harmonization of controls
Documentation:
To partner with Business to ensure the supporting documents for self-testing, independent testing, GCS Self-Assessment are properly maintained for audit trials based on local document retention requirements or Region Data Retention Policy (if any)
To partner with business to conduct periodic reviews of process documentations to ensure the up-to-date (e.g., standard operating procedures, flowchart, Test script)
Others:
To maintain an up-to-date Schedule of Authority
To support local compliance and ethics in certain compliance work e.g., speak up investigation
To act as a point of contact for the audit e.g., corporate audit team, external auditors and coordinate with the business to support the audit requirement as well as prepare audit remediation tracker and follow up with action owners
To provide advisory to the business related to GCS and related policies
To update on the control testing results and internal control highlights/ opportunities in the pre-close representation letters
To prepare other ad-hoc reports related to control on need basis
To support Region/Global control initiatives