Payroll Assistant Manager

Job description

Overview

We Are PepsiCo

 

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes LAY’S ®️, DORITOS ®️, CHEETOS ®️, GATORADE ®️, PEPSI ®️, QUAKER ®️ and more. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

 

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people.

 

Our employees drive our culture. No two days are the same; we are dynamic and full of passionate teams that embrace new ideas through our collaborative spirit. At PepsiCo, we know that our company can only succeed when our associates and the society we serve flourishes. We are committed to fostering a diverse workforce by creating a collaborative, equitable and inclusive space where everyone, regardless of what we look like, where we come from or who we love, has a voice. At PepsiCo we create a Space to be y( )u.

 

Learn more about our culture and life at PepsiCo: https://stories.pepsicojobs.com/

 

 

Manage payroll and employee related payments, ensure accurate financial representation for both P&L and Balance sheet, partner with HR team and ensure compliance with PepsiCo policies and procedures (e.g., GCS) and Co- own/support HR team in maintaining up to date H2R cycle and ensure meeting GCS requirements.

Responsibilities

·  Partner with BU HR team as well as CBS HR team and ensure smooth payroll and employee related payment process.
·  Share new initiatives and areas of improvements with SC Controller and follow through for implementation.
·  Work proactively with peers to achieve common business objectives and reach optimized status
·  Understand organizational values, set objectives, work for common goals and self-develop for carrier progress.
·  Ensure timely payroll monthly payment through:
·  Effective review over payroll files received from CBS HR Team
·  Timely payroll upload on bank portal for payment
·  Post payroll related entries posting
·  Monitor SSC (IBM) execution and ensure accurate financial postings.
·  Review end of service settlement and payment
·  Own control function related costs (people and non-people) and ensure accurate and timely reporting to sector.
·  Support in building control cost AOP as well as rolling forecast
·  Maintain and reconcile accrual accounts for compensation and benefits related costs.
·  Prepare balance sheet review with proper cause of change vs PAGO/YAGO
·  Support both external and internal audit on people cost related requests.
·  Ensure business compliance with Statutory, Legal and Taxation requirements, PepsiCo corporate and local business policies & procedures, and ethical business practices.
·  Partner with BPO (Business process Owner) and CO (Control Owner) in GCS and Fraud risk assessment, monitoring self-testing and remediation of failures.
·  Update GCS H2R process as necessary
·  Ensure adherence to SoA as per approved local policies and enforce execution.
·  Ensure timely GCS testing (Quarterly) testing.
·  Effective execution of Control
·  Understand the objective of the control - Ongoing.
·  Document the test script attributes for effective execution of the control - As necessary.
·  Evaluate the effectiveness of the control through testing - Quarterly/As necessary.
·  Maintain an audit trail to evidence execution of the activities, sufficient to enable re-performance by independent 3rd party - On going.
·  Remediate any control deficiency - As necessary.
·  Provide results of verification - As necessary
Qualifications

·  Bachelor’s degree in finance
·  At least 2 years of core finance experience.
·  Hands on experience in SAP software modules.
·  High on Initiative and Analytical thinking.
·  Good relationships building and interpersonal skills.
·  Good supervisory skills.