Treasury Assoc Manager

Overview

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, Pepsi, Doritos and Lipton Ice Tea, 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.

Responsibilities

• Lead all treasury functions of BU and managing the service provider (IBM) and other service providers in the team. (2 employees insource, 3 employees outsource)

• The position works closely with Corporate Treasury and financial institutions to optimize cash deployment, maintain funding flexibility, preserve value in high-inflation conditions, and mitigate the impact of changing market and regulatory conditions on business performance.

• Oversee the optimization of cash flow, ensuring efficient utilization of funds.

• Review and continuously enhance cash forecasting methodologies and improve forecast accuracy and support effective cash, funding, and working capital management decisions with Corporate Treasury.

• Determine funding needs and making credit lines available, if necessary, in line with PepsiCo Treasury by evaluating and monitoring the global and local markets.

• Secure payment obligations, and lead supplier payment processes with different stakeholders.

• Review payments/collections cycle through banks on a daily basis.

• Ensure optimum collection methodologies (Credit Card, Cash, Wire, DDS, Check etc.) in terms of cash management in a fast-paced economical environment.

• Manage and coordinate all related sub-ledger-GL reconciliations regarding treasury functions.

• Manage the relationship and operation with banks and coordinate with the corporate treasury.

• Manage the new developments on the central bank side, new regulations’ impacts on the business cash position, and working capital, preparing action plans and reports accordingly

• Prepare and share all the analysis & reports with corporate treasury and management on a quarterly/monthly basis.

• Secure proper insurance coverage of assets, business, and liabilities, managing brokerage relations and HQ communications.

• Lead and mentor the treasury team, guiding daily activities and strategic initiatives.

• Evaluate, implement, and oversee the use of treasury management systems and other financial technologies.

• Provide leadership on system developments and projects.

• Ensure that there is strong coordination with Finance, IT, Legal, and Sales departments.

• Evaluate the financial implications of project decisions and providing recommendations.

• Prepare and present regular financial reports to project stakeholders.

• Communicate financial performance, variances, and key metrics to project teams and management.

Qualifications

• Min 8+ years in Finance with strong accounting and treasury knowledge

• University Degree in Finance, Business Administration, Economics, Industrial Engineering or MBA

• Excellent knowledge of English

• Excellent knowledge of MS tools as well as ERP systems such as Oracle, SAP

• Strong team and management skills

• Excellent communication skills

• Attention to detail and strong analytical skills

• Ability to effectively manage time and operational workload through correct prioritization and process simplification