AR Reconciliation & Control Supervisor

PepsiCo; Riyadh; On-site; SAR 180,000 - 280,000; Full time

Job summary

PepsiCo in Riyadh is seeking a Finance Reconciliations Specialist to oversee Key Account reconciliations and AR review processes, ensuring timely confirmations and accurate balance reporting.

The role partners with Credit, CAM and Sales to drive on-time reconciliations, minimize variances, and maintain audit-ready documentation while upholding SSFL policies and regional controls. Saudi market experience preferred.

Qualifications

• Degree in Finance or Part qualified ACA, CPA, ACMA.
• At least 5 years of core finance experience.
• Hands on experience in SD software modules.
• High on Initiative and Analytical thinking.
• Good relationships building and interpersonal skills.
• Good supervisory skills.
• High computer literacy.
• Knowledge of S2C cycles.

Responsibilities

• Provide feedback to the Credit controller regularly and review status of reconciliations and customer status.
• Work proactively with peers to achieve common business objectives and reach optimized status.
• Share new initiatives and areas of improvements with Credit controller and follow through for implementation.
• Understand organizational values, set objectives, work for common goals and self-develop for carrier progress.
• Statement distribution as per SSFL policy and timelines for assigned credit customers.
• Co-ordinate with Credit controller, CAM and Sales team to ensure timely balance confirmation received from salesman and credit customers.
• Timely Preparation of Reconciliations for All assigned customer and list variances if any facilitate action till closure.
• Ensure timely review of reconciliations with DC finance supervisors, Credit controller and CAM and maintain easily retrievable filing of the same.
• Prepare Customer Reconciliation Summary and share with regional sales & finance team and report to credit controller as per the deadlines.
• Follow up for confirmation and complete reconciliation as per the OTC timelines.
• List CDA variable and Fixed credit –coordinate with Revenue Analyst to timely process in alignment with deductions.
• Receive Payment analysis of OT customer payments from FSS. Report and follow up to resolve the variance with sales team and customers (Unpaid & short paid invoices, credit and debit note, Stale etc.
• Review monthly collection schedule and monitor progress to ensure all OT customers pay as per the LTA and report the delays to KAM’s & Finance team.
• Follow-up to action minutes of meeting with sales team CN, LTAs, Promotions, etc.
• Maintain summary of highlight of LTA for OT customers i.e. credit terms by customers, balance confirmation & fixed incentive etc.
• Follow up with collection agency / Insurance on cases which has been hand over to them for collecting receivable balances.
• Share clear reasons for hold on CCPF to facilitate credit controller, CAM and management to have clear picture to release the order or take action.
• 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

Skills

Analytical thinking

Initiative

Interpersonal skills

Education

Finance degree

ACA/CPA/ACMA certifications

Tools

SAP SD

Job description

PepsiCo in Riyadh is seeking a Finance Reconciliations Specialist to oversee Key Account reconciliations and AR review processes, ensuring timely confirmations and accurate balance reporting.

The role partners with Credit, CAM and Sales to drive on-time reconciliations, minimize variances, and maintain audit-ready documentation while upholding SSFL policies and regional controls. Saudi market experience preferred.