Assistant credit controller

PepsiCo; Riyadh; On-site; SAR 223,200 - 446,400; Full time

Job summary

PepsiCo is seeking a Finance professional in Riyadh to manage credit reconciliations, coordinate with sales and finance teams, and ensure timely balance confirmations. The role requires strong analytical skills and experience with SD modules and S2C practices.

The successful candidate will support OTC processes, maintain audit trails, and drive continuous improvements in control and reporting within a dynamic, diverse workplace.

Qualifications

• Degree in Finance or partially qualified ACA, CPA, ACMA.
• At least 5 years of core finance experience.
• Hands-on experience in SD software modules.
• High initiative and analytical thinking.
• Good relationship-building and interpersonal skills.
• Good supervisory skills.
• High computer literacy.
• Knowledge of S2C.

Responsibilities

• Provide feedback to the Credit controller; review reconciliations and customer status.
• Coordinate with FSS, Credit controller, CAM and Sales team to ensure timely balance confirmation.
• Prepare Customer Reconciliation Summary and share with regional sales & finance.
• Follow up on OT payment issues and ensure adherence to OTC timelines.
• Maintain audit trail and ensure documentation for third-party review.
• Ensure timely review of reconciliations with supervisors and CAM.

Skills

Finance knowledge

Analytical thinking

Interpersonal skills

Supervisory skills

Software literacy

Communication

Proactive/initiative

S2C knowledge

Education

Finance degree or ACA/CPA/ACMA partially qualified

Tools

SD software modules

Job description

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.

We are an equal opportunity employer and comply with the global human rights policies and equality laws in the countries we operate in, we value diversity at our company; it is an essential part of our success. We do not discriminate on the basis of age, pregnancy or marital/civil partnerships, religion or belief, gender, disability and we are Mowaamah -GOLD certified in Saudi.

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

Facilitate Key Account reconciliations to enhance serviceability and timely reconciliations and confirmation process. Implement the AR review and reconciliation process.

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 credit customers.
• Co‑ordinate with FSS, Credit controller, CAM and Sales team to ensure timely balance confirmation received from salesman and credit customers.
• Timely preparation of reconciliations for all customers 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 notes, stale, etc.).
• Review monthly collection schedule and monitor progress to ensure all OT customers pay as per the LTA and report the delays to KAMs & Finance team.
• Follow‑up to action minutes of meeting with sales team (OT manager, RSM, NSM) regarding all OT issues: 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 have been handed over to them for collecting receivable balances.
• Share clear reasons for hold on CCPF to facilitate credit controller, CAM and management to have a clear picture to release the order or take action.
• Effective execution of control
  • Understand the objective of the control.
  • Document the test script attributes for effective execution of the control.
  • Evaluate the effectiveness of the control through testing.
  • Maintain an audit trail to evidence execution of the activities, sufficient to enable re‑performance by independent 3rd party.
  • Remediate any control deficiency.
  • Provide results of verification.
• Measures:
  • 100% customer confirmations on a quarterly basis.
  • Reconciliations organized and filed in compliance with internal control requirements.
  • Action items are current and resolved within one cycle.
  • Effective review and follow‑up process.
• Pertaining to effective execution of control
  • Test script – completed and signed.
  • Evidential audit trail – maintained for third party review.

Qualifications

• Degree in Finance or partially qualified ACA, CPA, ACMA.
• At least 5 years of core finance experience.
• Hands‑on experience in SD software modules.
• High initiative and analytical thinking.
• Good relationship‑building and interpersonal skills.
• Good supervisory skills.
• High computer literacy.
• Knowledge of S2C.