Finance Controls & Reconciliation Lead

PepsiCo; Mugharrizat; On-site; SAR 120,000 - 180,000; Full time

Job summary

PepsiCo in Saudi Arabia seeks a Finance professional to facilitate key account reconciliations, review AR processes, and coordinate with Credit controllers and sales teams. The role emphasizes timely balance confirmations, OTC timelines, and SD module experience.

Applicants should have a finance degree or ACA/CPA/ACMA qualifications and at least five years in finance, with strong analytical, supervisory, and interpersonal skills. Saudi locale with on-site work possible.

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.
• 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

Interpersonal skills

Initiative

Supervisory skills

Computer literacy

S2C cycles knowledge

Education

Degree in Finance or Part qualified ACA, CPA, ACMA

Tools

SD software modules

Job description

PepsiCo in Saudi Arabia seeks a Finance professional to facilitate key account reconciliations, review AR processes, and coordinate with Credit controllers and sales teams. The role emphasizes timely balance confirmations, OTC timelines, and SD module experience.

Applicants should have a finance degree or ACA/CPA/ACMA qualifications and at least five years in finance, with strong analytical, supervisory, and interpersonal skills. Saudi locale with on-site work possible.