Joint Venture Accounting Sr. Analyst

PepsiCo•Chicago, IL

3h•Hybrid

About The Position

At PepsiCo, you’ll discover a place where our mission is to create smiles around the world. With a portfolio of more than 500 beloved brands including, Gatorade, Lay’s and Quaker, our work touches millions of people every day. At the heart of the company is a team of thinkers, creators, and problem-solvers who collaborate to innovate and turn ideas into action. Driven by innovation and a focus on creating joyful moments through food and drinks, our decisions are guided by consumer centricity, creating opportunities for our associates to do meaningful work and make a lasting impact in the communities we serve. Whatever your role, you’ll be part of a global community that values your ideas and empowers you to make an impact, on your career and on the world around you. This is a broad-based role spanning accounting, financial reporting, cash flow analysis, and business partnering. You will spearhead process improvements, partner closely with key stakeholders, and uphold strong accounting and financial compliance. Leveraging solid leadership and expertise in accounting and financial reporting, you will enhance process efficiency and ensure effective controls are in place to manage financial risk. This is a hybrid role that can be based in Purchase, NY, Plano, TX or Chicago, IL.

Requirements

Bachelor's degree in accounting, finance, or related field
CPA required
3+ years of working experience
This position is limited to persons with indefinite right to work in the United States

Nice To Haves

Public accounting experience with Big 4 firm strongly preferred
Understanding of, and ability to interpret and apply, US GAAP requirements
Strong working knowledge of SAP (SAP ECC and S4 Hana)
Strong/open communication style to lead calls with Operations, Co Packers, Planning and business peers in Co Pack accounting, Internal Audit and Planning
Comfort in speaking with all levels of the organization, including the General Manager of the partnership and other senior management employees
Proficient in Microsoft Excel and PowerPoint with the ability to quickly learn various in-house software applications

Responsibilities

Period end close activity for NACP (North America Coffee Partnership) joint venture (JV). Including journal entry and periodic financial statement preparation
Preparation of account reconciliations, fall-in/(fall-out) analysis, periodic volume reporting, cash flow forecasting and analysis, quarterly balance sheet reviews, as well as quarterly reporting on JV income to PepsiCo
Main point of contact for external & internal audits
Support finance business partners with insights for the periodic forecast and for variances to actuals during period-end close (i.e., cause of change analysis)
Support operations team for questions on copack purchases, capital spending and any related questions on business results
Prepare periodic calculation and distribution of dividends to NACP partners – PBC and Starbucks Corporate
Prepare Debit memo (billing) requests and PO setup for transactions with copackers both for payment to NACP (calculation and payment of favorable commodity pricing due to market) and payments to them (for the products they produce)
Perform review over calculation of price variances due to/from co packers and ensure proper recording into the financial statements on a period basis
Perform periodic revenue reasonableness analysis, prepare adhoc reports, and assist with developing new reports with S4 SAP plant go-lives
Support finance team in trade and A&M through processing requested cross charges, leading the annual S4 project set ups, and assisting with year end accruals
Purchase order setup/tracking for G&A invoices through MyBuy purchasing system

Benefits

The expected compensation range for this position is between $88,200 - $147,650.
Bonus based on performance and eligibility target payout is 8% of annual salary paid out annually.
Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement.
Medical
Dental
Vision
Disability
Health, and Dependent Care Reimbursement Accounts
Employee Assistance Program (EAP)
Insurance (Accident, Group Legal, Life)
Defined Contribution Retirement Plan