Deputy Manager Finance - Hyderabad - PepsiCo

    PepsiCo
    PepsiCo Hyderabad

    5 days ago

    Pepsico background
    Restaurants / Food Service
    Description

    Procurement Specialist Job Description

    We are seeking a skilled Procurement Specialist to manage and enhance the Requisition-to-Pay (R2P) process within our organization. The ideal candidate will have a deep understanding of procurement operations, vendor management, and compliance frameworks, coupled with hands-on experience in driving process efficiency and leveraging automation.

    Functional Responsibilities:

    Invoice Processing and Vendor Management:

    • Ensure timely processing of invoices and payments, while maintaining strong vendor and stakeholder relationships.
    • Handle business/vendor queries and perform invoice reconciliation.
    • Conduct hold invoice research and resolution.

    Procurement and PO Management:

    • End-to-end management of purchase orders (POs), including PR/PO creation, budget setup, and vendor/marketing management.
    • Collaborate with the Finance & Control team to initiate and align brand budgets in SAP S4 and MyBuy/Ariba systems.
    • Generate project numbers for brand projects and manage GR (Goods Receipt) creation.

    Vendor and Master Data Management:

    • Support vendor setup, onboarding, and updates in systems like SAP/Ariba/Oracle.
    • Maintain accurate vendor information and ensure proper document verification.

    Reconciliation and Financial Collaboration:

    • Partner with local and corporate finance teams to manage reconciliations, address budget/vendor-related queries, and provide support during period close estimation.
    • Provide cross-charges, journal entries, and periodic performance reporting to stakeholders.

    Reporting and Analysis:

    • Generate brand reports and track project-related costs, including estimates, open POs, and remaining balances.
    • Complete ad-hoc analyses of cost buckets across brands to identify efficiency opportunities for future planning.

    Process Improvement and Governance:

    • Maintain a strong control environment by ensuring accurate vendor setup, invoice posting, and adherence to defined timing and accuracy guidelines.
    • Help Reporting Leadership refine internal COE processes, including workflow mapping and addressing bottlenecks.
    • Improve processes based on frequent end-user and Business Partner feedback.

    Collaboration and Communication:

    • Build relationships with Marketing/Brand teams and Finance/Control functions to align on fiscal year plans and spending.
    • Support communication processes with reporting vertical leaders and Business Partners on project planning, workflow tracking, and ongoing changes.

    Subject Matter Expertise (SME):

    • Act as an SME for the brand and team, providing guidance on procurement processes (R2P) and tools.
    • Support the Reporting Leadership team in process management and service delivery improvements.

    Key Skills/Requirements

    • Graduate in Accounting/Finance; MBA in Finance/BBA or CMA preferred.
    • CMA with 2+ years of experience, or B.Com/MBA/BBA graduate with 5-6 years of R2P financial work experience.
    • Proficient in Microsoft Excel and PowerPoint with the ability to quickly adapt to new tools.
    • Hands-on experience with ERP systems such as SAP S4 HANA, Ariba, or Oracle (preferred).
    • Exceptional analytical skills with the capability to translate findings into actionable solutions and processes.
    • Strong verbal and written communication skills, with proficiency in the English language.
    • Ability to manage information requests and engage effectively with stakeholders.
    • Results-oriented with a demonstrated ability to meet deadlines.
    • Detail-oriented and organized, with strong document maintenance practices.
    • Aptitude for working independently with minimal supervision.
    • Proven ability to manage multiple time-sensitive priorities effectively.
    • Thrives in a collaborative team environment, consistently demonstrating urgency, courtesy, and patience.


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