Global Payment Terms Governance
This role will focus on global payment terms governance, reporting, tracking, etc. This work stream is brand new, and the work didn't exist in prior years. ~70% of the job description will be focused on payment terms while ~30% will be allocated to supporting the Indirects team.
Leading and collaborating on global payment terms and cash flow improvement initiative, Digitization of spending taxonomy & analytics across global Directs / Opex / A&M / capital, Develop and coordinate AOP-Indirects AOP, powerteering reporting, performance tracking, cross functional partnership
Responsibilities :
- Global Policy Ownership : Define, maintain and communicate policies / guidelines around overall payment terms objectives, industry best practice, exception approval matrix etc.
- Business goals setup : Evaluate the total addressable spend and develop Cashflow AOP / Fcst.
- Data analysis and performance reporting : Monitor KPIs such as DPO, adoption rates, spend compliance etc. Ensure aligned categorization of spend and supplier segmentation. Improve quality of data.
- System and process compliance : Coordinate with DMO, Controls and ERP teams to ensure updated terms are reflected appropriately. Continuously improve and leverage system capability in Paywise tool to size the prize.
- Benchmarking and market intelligence : Monitor Industry standards, competitor practice, regulatory environment and inform decision making.
- Standardization and compliance : Drive harmonization of terms across markets and global suppliers while adhering to regulations and local laws.
- Cross functional engagement : Partner with FP&A, Procurement, Supply Chain, technical teams, treasury, banks to identify opportunities and implement payment term changes.
- Supply Chain Financing : Dealing with Banks and financial institutions to facilitate Supplier financing within PepsiCo
- Change management : Enable organization wide adoption of a cashflow Productivity mindset through training, development, playbooks and stakeholder engagement
Indirects - 30% (Existing job profile)
Business goals : Accountable for developing, in partnership with category leads Annual Operating Plan, Quarterly Forecasts and Monthly Latest Estimates for assigned categories.Measurement and reporting : Support productivity project reporting process (review / approve projects, project logs, powersteering reporting, framework application & insights)Support contract management process (review / approve contracts, support contract log process, contractual obligation reporting, etc.) and related SOX controls.Ensure business information and insights are communicated efficiently, timely and accuratelyCross functional engagement : Engagement with key internal stakeholders such as Global Procurement commercial teams, Financial Planning, Control and Systems SupportCreate Analysis & Reporting models to tell the story with dataPerform ad hoc analysis on business performance and initiativesCompensation and Benefits :
The expected compensation range for this position is between $106,400 - $178,100. Location, confirmed job-related skills, experience, and education will be considered in setting actual starting salary. Your recruiter can share more about the specific salary range during the hiring process. Bonus based on performance and eligibility target payout is 12% of annual salary paid out annually. Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement. In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility : Medical, Dental, Vision, Disability, Health, and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan.
Qualifications :
Undergraduate degree required with focus in Business, Accounting or Finance preferred. MBA in Finance preferred. Min. 8-10 years of Corporate Finan