Supply Chain Finance & Cost Transformation Lead

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

Job summary

PepsiCo is seeking a Lead Supply Chain Finance professional in the Riyadh Region to guide the Finance agenda for the Foods business. The role involves managing COGS, opex, and capex while driving cost transformation opportunities and productivity initiatives. Ideal applicants will have a strong background in finance and supply chain, with a focus on optimizing costs and leading cross-functional teams.

Qualifications

• 5+ years of experience in supply chain finance.
• Strong analytical skills and proficiency in cost optimization.
• Proven ability to lead cross-functional teams.

Responsibilities

• Drive Supply Chain Productivity in partnership with cross-functional teams.
• Manage cost optimization through detailed analysis.
• Lead Annual Operating Plan development for key cost lines.

Skills

Financial modeling

Cost accounting

Analytical skills

Education

Bachelor’s degree in Finance, Accounting, Supply Chain

Tools

ERP systems (e.g., SAP)

Job description

Overview

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 with the global human rights policies and equality laws in the countries we operate in, we valuediversity 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/

Job Overview: Lead the Supply Chain Finance agenda for the Foods business and driving a significant commodity & opex productivity agenda. Ownership of COGS (agro, MOH), opex line items and capex. Drive financial analysis of cost transformation opportunities (e.g., optimization of GTM, warehouse footprint, etc.). Productivity to double vs. 2024 and this is a key role to drive agenda. Lead monthly forecast / actualization and AOP process

Responsibilities

Drive Supply Chain (SC) Productivity in partnership with cross-functional teams on Operating Expenses (Opex) costs

• Work with Global Procurement (GP) to understand drivers for commodity cost, commodity inflation and commodity productivity

• Work with Agro leader regarding potato planning, availability at optimum cost and productivity initiatives

• Monitor cost of materials write-offs and work on actions to minimize losses

• Ensure delivery of AOP for cost lines (Commodity, MOH, Agro, Move)o Drive BU productivity agenda for commodity and opex productivity (baseline & transformation)

• Partner with SC Productivity Lead in conducting productivity councils

• Deep dive on cost structure and preparing analysis by dimensions to provide insights and areas of opportunities

• Give finance point of view on all SC productivity transformation initiatives

• Manage transformation/restructuring projects driving productivity (incl. financial case build up and presentation to Sector and all stakeholders)

• Support GM/ CFO on long term strategy on analysis for driving cost effective model

• Manage cost optimization through detailed CTS analysis by location / channel for Saudi & UAE (North Star)

• Value Realisation for all projects and updating Power Steering management

• Preparing and tracking project cost and benefit analysis and presenting to Management / Sector

• Ideation and Value Stream Mapping session using LSS approach on key process to drive transformation and process enhancement agenda and Identify any risks regarding changes and develop a strategy to overcome or address.

• Proving support to business in implementation and execution of all Transformation projects.o Lead Annual Operating Plan (AOP) development for key cost lines

• Cost of Goods Sold (COGS), Agriculture (Agro) and various plants in the BU

• Work with Logistics, Distribution Transport leads (LD&T) of KSA, UAE and Export countries in delivering AOP for Move costs

• Lead total people cost agenda across make, move, sell and G&A

• Work with COE in development of Annual Operating Plan build up process for COGS and Move costso Review SC performance management reports generated by Centre of Excellence (COE) on COGS and Move costs on monthly basiso Provide insights/ analysis to drive decision making, based on reports generated by COEo Partner with Supply chain team and COE to develop accurate monthly rolling forecasto Identify process improvements and interventions to achieve process simplification, better controls, process standardisationo Lead CapEx agenda covering BU and Global managed spend to drive capital allocation across BUo Develop Supply Chain Finance Organization capability and efficiency by sponsoring and supporting analytics-based insights

Qualifications

• Bachelor’s degree in Finance, Accounting, Supply Chain, or a related field.

• 5+ years of experience in supply chain finance, cost management, or financial transformation roles.

• Advanced proficiency in financial modeling, cost accounting, and ERP systems (e.g., SAP,).

• Strong analytical skills with experience in cost optimization and aligning financial strategies with supply chain operations.

• Proven ability to lead cross-functional teams and effectively communicate with stakeholders at all levels.