Control & Compliance Lead - GBS (Cairo Hub)
Job Details
Skills And Tools:
Job Description
Main Purpose:
The Finance Control Lead will be responsible for the effective operation and monitoring of all key financial processes executed within the Cairo Business Services (CBS) (i.e. financial and management reporting, procurement to pay, inter-company legal entity invoicing and settlement, AMENA inter-company eliminations), overseeing of all outsourced financial activity leveraged by the CBS (payroll, IBM transactional processing) and the financial closing process. In addition the role will be responsible for driving the Global Control Standard agenda across all functions operating within the hub. The Control Lead role will need to collaborate with the Financial Planning & Analysis (FP&A) team to ensure financial and management reporting processes work seamlessly to produce accurate timely internal and corporate financial information.
Accountabilities:
- Lead overall financial reporting process for the CBS including; PepsiCo internal reporting, statutory reporting, and tax compliance.
- Assist snacks controller on audit support and statutory reporting.
- Oversee the CBS inter-company invoicing, settlement and elimination process - including but not limited to oversight of pricing and markup process, cash settlement process, and true up process.
- Set the Global Control Standard (GCS) strategy for the CBS, drive the GCS deployment, proportional ownership model and actively manage progress against the strategy and targets.
- Support CBS capex process - ownership of the accounting components of the capex.
- Own overall financial governance processes – balance sheet review, allocation processes, representation letter process to internal customers.
- Partner with snacks treasury to manage cash management.
- Engage with snacks functions as needed regarding financial reporting or control processes.
- Partner with Oustide Service Providers (OSPs) for transactional (IBM) and Payroll (Allsec) support and Service Level Agreement (SLA) compliance.
- Act as a leader for the dedicated control team, including recruiting, developing, and retaining a highly skilled and engaged workforce capable of delivering accurate, timely financial results while maintaining an effective GSC environment across all functions.
Job Requirements
- Bachelor's degree in Finance or any relevant discipline.
- 8+ years of financial reporting and control experience with accounting designation (e.g. CA, CPA)
- Strong financial Control and Reporting background in a global environment
- Strong understanding of the PepsiCo Global Control Standard (GCS) or equivalent as well as the US GAAP and a high level of technical accounting understanding
- Experience working with government regulatory entities to demonstrate compliance with regulatory requirements
- Ability to work collaboratively and proactively with multi-functional teams in a global virtual environment
- Strong understanding and aptitude for financials technologies (SAP, Bots, Data Analytics, etc.)