Senior Manager - Finance

PepsiCo; Hyderabad; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

PepsiCo in Hyderabad is seeking an OPEX Manager to lead and optimize functional costs including Travel & Events, Discretionary spend, Consultants, Leasing & Rentals, and other operating expenses. You will partner with the Corporate C&B team to ensure effective cost governance, forecasting, month-end close, and financial reporting.

The role requires strong financial acumen, stakeholder management, and the ability to identify opportunities to improve cost efficiency and drive savings across global

Qualifications

• Bachelor’s degree in Finance, Accounting, or related discipline; master’s degree or professional qualification preferred.
• Minimum 8 years of relevant finance experience with FP&A and OPEX management.
• Strong FP&A expertise including forecasting, budgeting, planning cycles, variance analysis, and financial reporting.
• Proficiency in Excel with financial modeling; PowerPoint for presenting insights.
• Experience with IBM Planning Analytics (TM1) is highly preferred.
• Strong collaboration and stakeholder management in a multicultural global environment.

Responsibilities

• Adhere to monthly timelines for Month-End Close, Forecasting, Reporting, and Pre-MEC activities.
• Partner with budget owners and functional leaders to review, challenge, and optimize spending against plan and forecast.
• Ensure timely accrual booking for services delivered but not yet invoiced.
• Present financial performance, drivers, risks, and opportunities to senior leadership.
• Provide recommendations on budgets and resource allocation aligned with priorities.
• Support standardization and process optimization across functions.
• Identify opportunities to improve processes and drive efficiency across the team.
• Partner with US-based FP&A teams for accurate P&L reporting and consistency.
• Develop understanding of financial objectives across global functions.
• Build relationships with budget owners and ICC C&B team to foster partnerships.
• Promote ICC values and collaborative culture.
• Support transformation agenda in planning, forecasting, reporting, and cost-management.

Skills

FP&A expertise

OPEX management

Forecasting

Budgeting

variance analysis

Financial reporting

Stakeholder management

Communication & presentation

Cross-functional collaboration

Financial governance

Education

Bachelor's in Finance/Accounting

Master's or professional qualification preferred

Tools

IBM Planning Analytics (TM1)

Microsoft Excel

PowerPoint

Job description

Overview

The OPEX Manager will be responsible for leading and managing functional costs, including Travel & Events, Discretionary spend, Consultants, OBS, Contractors, Leasing & Rentals, and other operating expenses.

This individual will work closely with the Corporate C&B team and functional leads within ICC to ensure effective cost management and financial governance. The role will be responsible for supporting key financial processes, including Month-End Close, Forecasting, Reporting, and Pre-MEC activities.

The OPEX Manager will also partner closely with the ICC Manager in discussions with senior stakeholders, providing meaningful financial insights, challenging potential overspend, identifying and recommending cost-saving opportunities, and presenting financial results and key drivers in a clear and actionable manner.

Overall, the role requires strong financial acumen, stakeholder management, analytical skills, business partnering, and the ability to proactively identify opportunities to improve cost efficiency.

Responsibilities

• Adhere to monthly timelines for Month-End Close, Forecasting, Reporting, and Pre-MEC activities, ensuring accurate and timely deliverables.
• Partner closely with budget owners and functional leaders to review, challenge, and optimize spending against plan and forecast.
• Ensure timely and accurate accrual booking for services delivered but not yet invoiced, in line with accounting policies and requirements.
• Present financial performance, key drivers, risks, and opportunities to senior leadership in large forums, providing clear and actionable insights.
• Provide recommendations on functional budgets and resource allocation, ensuring alignment with business priorities and financial objectives.
• Support standardization and process optimization initiatives in partnership with the OPEX Manager to improve efficiency and consistency across functions.
• Identify opportunities to improve ways of working, simplify processes, and drive greater efficiency across the team.
• Partner closely with US-based FP&A teams to ensure accurate P&L reporting, consistent financial processes, and adherence to established timelines and controls.
• Develop a strong understanding of the financial objectives and priorities of different global functions to effectively operate as a strategic business partner.
• Build and maintain strong relationships with budget owners, function heads, and the ICC C&B team, establishing credibility and fostering effective business partnerships.
• Promote and adhere to ICC ways of working, culture, and values, contributing to a collaborative and high-performing team environment.
• Support the transformation agenda by identifying and implementing enhancements across planning, forecasting, reporting, and cost-management processes.
• Provide periodic financial updates to budget owners, highlighting significant variances to plan/forecast, investigating key drivers, and recommending appropriate actions.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related discipline; a Master's degree or relevant professional qualification is highly preferred.
• Minimum 8 years of relevant finance experience, preferably with strong exposure to FP&A and OPEX management.
• Strong FP&A expertise, including experience with forecasting, budgeting, planning cycles, variance analysis, and financial reporting.
• Proficiency in Microsoft Excel, with strong financial modeling and analytical skills, and PowerPoint for effective presentation of financial insights.
• Ability to quickly learn and adapt to various in-house financial systems and applications.
• Experience with IBM Planning Analytics (TM1) is highly preferred.
• Strong cross-functional collaboration and stakeholder management skills, with experience working effectively in a multicultural and global environment.
• Strong communication and presentation skills, with the ability to translate financial data into meaningful business insights.
• Demonstrated ability to challenge constructively, influence stakeholders, and drive accountability around financial performance.
• Strong team player who is collaborative, adaptable, proactive, and willing to support broader team objective