About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated.

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the centre of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com.

What we’re looking for:

• SA Commercial Controller role is to provide Leadership support to the Commercial and A&M functions through:
  • Partnering with key stakeholders to provide insights into business operations
  • Providing visibility on spend
  • Ensuring accurate reporting
  • Identifying areas of opportunity, risk and concern
  • Effectively safeguard company resources
  • Adherence to PEP policy
  • Deep dive reviews, value-add initiatives and related analytics
• Lead the SA Commercial Control and A&M agenda to achieve set objectives (business & control)
• Responsibility for the application of policy and governance over the Commercial Control and A&M processes including but not limited to cost management (risks and opportunities) and financial statement accuracy (P&L and Balance Sheet)
• Control Lead for all Trading Terms and A&M Contract approvals
• Responsible for related SOX and GCS controls within portfolio

Accountabilities

General

• Lead the Commercial, A&M and Selling Control agenda to ensure accurate and timely management of accounts on a periodic, quarterly and annual basis including balance sheet.
• Identify potential risks (routine and non-routine) and communicate to the SA Controller and respective Functional Leads
• Lead commercial GCS control execution and remediation for respective controls within S2C, R2R & A&M (owned controls and Commercial/A&M owned control support)
• Accountable for control review and approval for Commercial Trading Term Agreements and Marketing Contracts
• Lead and review operational deep dive reviews to provide management with insights on effectiveness, gap analysis and related remediation
• Collect and analyze risk information and ensure that the organization is adequately protected against loss in relation to assigned portfolio
• Support the delivery of business change plans as required (Mergers, Acquisitions, Disposals, GTM resets, System implementations, etc.)
• Control lead for pre-approval and mandatory sign-off for all process, system and policy related implementations and changes
• Ensure local procedures and SOA are relevant (not overlapping a global policy unless specifically required) and updated in-line with business / legislative requirements
• Review and approve the monthly Management Accounts (Flash), Operating Review, Balance Sheet Review and KPI’s

Net Revenue

• Responsible for accurate and timely reporting of Net Revenue in line with PepsiCo Policy (P&L and Balance Sheet)
• Lead mid-month D&A accruals review with NAMs, Channel Leads and Planning teams.
• Ownership (Development & execution) of management insights for actual financial results via KPI dashboards and analytics
• Lead the monthly operational governance and rebate KPI forums with Senior Commercial and Finance Leadership teams to drive business growth and improve business processes
• Ownership of Net Revenue related Balance Sheet accounts reconciliations and reporting
• Ownership for Net Revenue forward-looking provisions (stales, buybacks, pricing errors, settlement discounts and presell) in line with PepsiCo requirements
• Custodian of FIFO Policy for the SA Cluster
• Cash Flow optimization in line with company targets (P&L based)

Advertising & Marketing (A&M) and Selling

• Responsible for accurate and timely reporting of A&M and Selling in line with PepsiCo Policy (P&L and Balance Sheet)
• Custodian of Marketplace Spend Policy for the SA Cluster
• Responsible for accurate accounting treatment and guidance on A&M spend, curving and year end accruals, in line with PepsiCo Policy
• Ownership (Development & execution) of management insights for actual financial results via KPI dashboards and analytics

What will qualify you for the role:

• Post Graduate degree in Financial Management Disciplines - CA(SA) is preferred
• >10 years of relevant experience in FMCG or similar
• Sound knowledge and experience in FMCG process development and execution
• Strong communication skills, written, verbal and presentation
• Strong project management and capability development skills
• Exposure to broad people development / strategic techniques and programs, with an understanding of how to provide development support
• Ability to provide quick high-level assessments to answer strategic questions and scope / guide work
• Simplifying complex business problems into a logical framework
• Manage complex analytics to an appropriate level of detail, ensuring accurate output (team and individual)
• Deep understanding of financial modelling / evaluation
• Manage multiple inputs from a wide group of stakeholders and then incorporating them into a recommendation that everyone is bought into
• Change management experience at a senior level, including strong cross-functional management skills to drive change in the face of adversity
• Creating simple solutions and crafting a simple communication story
• Presenting complex business cases with confidence and credibility in senior forums

“PepsiCo is an Equal Opportunity Employer in line with the Employment Equity Act"