Vacancies at PepsiCo 

PepsiCo – In 1965, Donald Kendall, the CEO of Pepsi-Cola, and Herman Lay, the CEO of Frito-Lay, recognized what they called “a marriage made in heaven,” a single company delivering perfectly-salty snacks served alongside the best cola on earth. Their vision led to what quickly became one of the world’s leading food and beverage companies: PepsiCo. Our company is made up of seven divisions: PepsiCo Beverages North America; Frito-Lay North America; Quaker Foods North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia/New Zealand and China. Each of these divisions has its own unique history and way of doing business.

We are recruiting to fill the position below:

Job Title: Tax & Treasury Manager

Req ID: 356885
Location: Nigeria
Employment Type: Full Time

Job Overview

• Centre of Excellence on all Tax & Treasury matters for Nigeria
• Responsible for the application of policy and governance over Tax & Treasury process including but not limited to internal and external submissions as well as local statutory and regulatory requirements (Taxation Laws, Tax planning, Reporting and Tax return processes etc.)
• Lead the Nigeria MU cash flow agenda including governance over the cash flow process, accurate balance sheet reporting, co-ordination of AOP / Forecast deliverables and timelines, supporting business teams with cash flow project definition as well as monitoring of implementation of actions to achieve cash flow deliverables
• Control Lead for all Tax & Treasury aspects of business initiatives and projects to ensure control and governance deliverables are proactively incorporated and successfully delivered

Responsibilities

• Provide on-going leadership, governance, monitoring, reconciling and administering of the Tax & Treasury process to achieve all targets set (AOP and other non-financial targets) within the financial control mandate. Specific focus:

Taxation Management:

• Consolidate and deliver timely, accurate and reliable tax calculations / data including monthly FAS109 disclosures, quarterly and annual tax submissions to the Region
• Preparation of data for Corporate Tax for Nigeria
• Manage all tax returns, tax requests and tax audits from all tax authorities
• Ensure Nigeria Tax Returns and coordinate the review by an external audit firm before submissions
• Manage tax risks and exposures arising from existing and new operations for Nigeria
• Review all drafts to legislation, ensuring compliance to the Tax Laws
• Understand, document and communicate potential tax risks including but not limited to uncertain tax positions and provisions under FIN 48 to key stakeholders
• Develop networks and initiate discussions / meetings with external consultants and government departments to obtain insights and alignment on potential savings for the company
• Partner with PepsiCo Corporate Tax and external Tax consultants in relation to emerging Tax laws, identify and implement optimum tax planning arrangements for Nigeria
• Drive productivity through understanding and exploring all potential tax savings available to Nigeria including project definition and leadership to deliver Tax savings
• Manage the tax audit for purposes of Annual Financial Statements and ensure accurate presentation and disclosure of taxation in the Annual Financial Statements year on year

Treasury Management:

• Lead the Accounts Payable process for the MU
• Ensure all vendor reconciliations are done as per the agreed frequency
• Co-ordinate and consolidate Cash Flow AOP / Forecast deliverables and timelines
• Ensure monthly cash flow forecasts and presentations are completed and are reviewed by MU leadership
• Ensure all cash flow submissions deadlines to Sector/Corporate are met
• Forecast weekly / monthly cash requirements to identify and execute weekly / monthly financing and investment decisions
• Support business teams with cash flow project definitions as well as monitoring of implementation of actions to achieve cash flow deliverables
• Manage all the treasury activities and coordinate with corporate treasury to ensure that all submissions are done in compliance with corporate treasury requirements
• Liaise with Corporate Treasury regarding planning and execution of equity injections
• Manage relationships with banks and serve as point of contact and co-ordination between business teams and banks
• Drive banking projects including upgrades and migrations to ensure business process optimization and productivity is achieved
• Ensure that all company banking platform users have correct access to banking platforms and all queries with the banks are resolved

Financial Reporting:

• Ensure timely execution of monthly Tax & Treasury deliverables as part MU Financial Reporting process including HFM submissions and required reconciliations
• Review and sign-off other bank account reconciliations owned by other sub functions (e.g. cash collections departments)
• Consolidate and present Tax & Treasury inputs / performance in Balance Sheet Review
• Manage the accounting and recording of financial transactions in accordance with US GAAP and IFRS which have impact on taxation calculations for both US and local statutory submissions
• Provide a Tax & Treasury lenses on the implementation of new accounting policies and advise the relevant stakeholders of changes

Projects & Ad Hoc Tasks:

• Perform projects and participate in business initiatives as directed by the Control & Reporting Director
• Ad hoc analysis of tax treatment of aspects in line with relevant accounting and PepsiCo Policies
• Lead Tax & Treasury aspects of business initiatives and projects to ensure control and governance deliverables are proactively incorporated and successfully delivered
• Key role player in supporting internal cash flow initiatives as well as Sector wide projects
• Develop and Maintain relevant Tax & Treasury models, check files and presentations

People Management:

• Motivate, coach and lead direct report(s) within the Tax & Treasury team to achieve highest standards of excellence
• Responsible for managing and developing the Tax & Treasury team and monitoring performance through regular performance reviews

Qualifications

• 5-8 years to include post articles experience
• People management experience of 3-5 years
• Chartered Accountant with excellence in accounting academically
• Knowledge of Income Tax Act, Transfer Pricing, VAT Act and Companies Act
• Knowledge of IFRS and US GAAP regulations
• Knowledge of exchange control regulations
• Knowledge of Operating Cash Flow.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Internal Auditor

Location: Nigeria
Employment Type: Full-time

Responsibilities

• Lead the control element of key business projects to ensure all risks and controls are adequately identified and mitigated within the business
• Partner with the business to develop and coordinate risk management programmes and ensure risk management programmes are designed to identify and measure risk
• Partner with business to develop sustainable control initiatives and ensure execution and follow-up of agreed solutions
• Review and implement company policy and procedures to ensure that these are in line with the latest business requirements /support efficiency and cost effectiveness
• Conducts investigations and gathers evidence to endure that the organisation recovers potential losses and take corrective actions
• Review and implement company policy and procedures to ensure that these are in line with the latest business requirements, supports efficiency and cost -effectiveness
• Responsible to make accurate risk mitigating recommendations to implement controls, transfer risk to avoid the risk related business. Collect and analyses risk information and ensure that the organisation is adequately protected against loss
• Prepares local business unit audits in anticipation of annual corporate audit
• Responsible for working directly with senior management.

Requirements

• BSc in Accounting
• ICAN
• Sound knowledge of effective internal controls & Risk management frameworks
• 3 Years Articles from Big4
• 2 – 4 years Internal Audit (advantageous)
• FMCG experience (post articles) business process design & project involvement.

Application Closing Date
24th January, 2025.

How to Apply
Interested and qualified candidates should send their CV to: recruitmentnigeria@pepsico.com using the Job Title as the subject of the mail.