Finance Assoc Analyst

Overview:

• SA Commercial Control Analyst role in SA Cluster to provide support to the Commercial Sales functions through:
• Partnering with key stakeholders to provide insights into business operations
• Providing visibility on spend
• Ensuring accurate reporting
• Identifying areas of waste
• Effectively safeguard company resources
• Execute on the SA Cluster Net Revenue & Selling agenda to assist the SA Commercial Controller and SA Commercial Control Manager to achieve set objectives (business & control)
• Responsibility for the application of policy and governance over SA Cluster Net Revenue and Selling processes including but not limited to cost management (risks and opportunities) and financial statement accuracy (P&L and Balance Sheet)
• Assist the SA Commercial Controller and SA Commercial Control Manager to deliver required insights supporting the business value add agenda

Responsibilities:

Commercial (Net Revenue & Selling)

• Responsible for ensuring accuracy of financial records and related disclosures for Net Revenue & Selling:

• Independent evaluation of monthly spend recording by Selling against US GAAP accounting principles

• Independent evaluation of recorded Revenue, Discounts & Allowances against PepsiCo Revenue Recognition Policy

• Preparing monthly sales cut-off process and related financial adjustments

• Preparing monthly Net Revenue forward-looking provisions (stales, buybacks, pricing errors, settlement discounts and presell) in line with PepsiCo requirements

• Support the SA Commercial Control Manager with review of monthly fixed and variable rebates accrual calculation and related policy governance

• Follow-up with Customer Managers to improve efficiency and avoid aging provisions related to Fixed rebates.

• Support the SA Commercial Control Manager with monitoring and reconciling revenue between interfaced systems (SAP, Pace & MS Power Apps)

• Monitoring of Permanent Racking and related year-end financial adjustments in line with PepsiCo Marketplace Spend Policy

• Preparation of monthly Variable and Fixed rebates accrual calculation and related policy governance

• Accountability for monthly GL Reconciliations and Balance Sheet Review

• Support on execution of sector reporting submission requirements

• Support the SA Commercial Control Manager with ongoing review and refinement of fixed and variable rebate accrual balances against contractual commitments and trading terms through collaboration with Key Account Managers and Shared Service Centre to optimize P&L impact

• Support the SA Commercial Control Manager with the execution of control-led Net Revenue KPIs and analytics to support business partnering and value add agenda

• Support on the ongoing identification of potential risks and opportunities through deep dive reviews and escalation to Control and Commercial management

• Support on GCS control execution and remediation for respective controls within Commercial and Selling (owned controls and business owned control support), including independent testing.

• Support the delivery of Net Revenue related change plans to ensure in line with PepsiCo governance requirements

• Continuous evaluation of Commercial related processes to drive harmonization, efficiency and effectiveness of processes

  Business Partnering / Stakeholder Management

• Collaborate and foster relationships with key Commercial and Selling stakeholders across the SA Cluster to drive business objectives

• Commercial and Selling Control support for day-to-day activities

Qualifications:

• Financial Accounting Qualification (B.Com or equivalent)
• 3 - 5 years finance management experience (Retail or FMCG exposure advantageous)
• Good communication skills (written, verbal, presentation)
• Attention to detail with a problem solving mindset
• Ability to self-manage in a complex and matrix environment
• Computer literate i.e. advanced Excel, SAP, MS Power Apps and NewsPage