Accounting Operations Sr. Analyst - Co-man
- PepsiCo
- Cairo, Cairo Governorate, Egypt
وصف الوظيفة
Overview
The Co-manufacturing will be responsible for leading the end-to-end co-man process for the Egypt BU from a Control standpoint. He/she will partner with the business to create new co-man deals, including operating/fraud risk assessments, design the operating process and way of working while monitoring the monthly operations, and ensure that the control framework in both PCE and CFI is effective and in place. The candidate will also lead over the accuracy & closing of financials in SAP for cost-actualization, including the MOH allocation process, KPMG, and corporate audits
Responsibilities
Financial Reporting
- Ensure accuracy of financials in accordance with PepsiCo Inventory policies and US GAAP
- Ensure that all the monthly expenses are accounted for in the relative month
- Highlight any balance sheet and P&L risks to ensure timely provisioning (QoE)
- Conduct variance analysis of the cause of change to compare actual vs. Plan/YAGO/PAGO
- Develop and maintain a standard cost accounting system
- Prepare and present financial reports to the CFO, Financial Controller, and Operations controller
- Provide ad hoc financials analysis and support as required.
- Analyze and control co-man plant costs, including materials, labor, and overheads
- Identify cost-reduction opportunities and implement cost-saving initiatives
- Monitor inventory levels and manage inventory valuation if required
- Ensure proper execution of monthly/quarterly/annual inventory count for Raw materials, Spare parts, and consignment Fixed assets
- Control and monitor SAP blocked, damaged, obsolete, and near or expired products
- Perform the monthly waste reconciliation based on the agreed BOM.
- Follow up on credit notes based on the contractual penalties for abnormal waste and ensure proper approval and justifications are in place according to the SOA.
- Track contractual obligations for volume minimum commitments and ensure proper accrual recording.
- Supervise the process of selling scrap and ensure that it is done in accordance with the policy.
- Review unusual movements used to avoid any operation/financial risks.
- Ensure the accuracy of reserves and investigate/take corrective actions for any abnormalities.
- Review & approve Purchase order (PO) Price Variance (PV) for deviations vs contract prices.
- Monitoring of PO1 GLs for fleet to ensure compliance and accuracy
- Coordinate with internal and external auditors for periodic audits
- Develop & maintain a robust system of internal controls to safeguard assets
- Ensure business compliance with Statutory, Legal, and Taxation requirements, PepsiCo corporate and local business policies & procedures, and enforce execution
- Conduct sudden visits to locations to ensure proper adherence to policies and procedures
- Investigate & report inventory deviations and implement mitigation controls.
- Partner with BPO (Business Process Owner) and CO (Control Owner) in GCS and Fraud risk assessment, monitoring self-testing and remediation of failures
- Governance of Consigned Fixed Assets/Spare parts through the physical count of assets to reconciliation with the fixed asset register
- Ensure timely closure of any audit remediation and track progress
- Create Comans procedures with clear business role identification and responsibilities.
- Harmonize the Coman activities between Beverages and snacks
- Collaborate with AMESA markets to evaluate current practices and update Egypt's process accordingly.
- Education: Bachelor’s degree in Accounting, Finance
- Postgraduate qualification preferable CPA, CMA, or MBA.
- Experience: 7+ years of experience in finance or accounting, with at least 3 years in a manufacturing environment.
- Strong Knowledge of cost accounting, Inventory management, and financial analysis.
- Proficiency in SAP ERP system (Costing and PO experience)
- Experience with Performance Metrics, Productivity Processes, and Best Practices implementation.
