Treasury Assoc Manager

PepsiCo Deutschland GmbH; Fatih; On-site; TRY 5,051,000 - 6,734,000; Full time

Job summary

PepsiCo Deutschland GmbH is seeking an experienced Finance professional to lead all treasury functions for the business unit. You will coordinate with banks and service providers, optimize cash deployment, and ensure funding flexibility in varying market conditions.

The role requires 8+ years in finance with strong accounting, treasury knowledge, and excellent English. You will mentor the treasury team and drive improvements in forecasting, analytics, and treasury systems.

Qualifications

• Min 8+ years in Finance with strong accounting and treasury knowledge.
• Experience with ERP systems such as Oracle and SAP.
• Excellent English communication skills.

Responsibilities

• Lead all treasury functions of BU and manage the service providers.
• Collaborate with Corporate Treasury and banks to optimize cash deployment.
• Oversee cash flow optimization and forecast accuracy.
• Determine funding needs and credit lines as required.
• Manage payments and bank reconciliations daily.
• Lead treasury team and oversee treasury systems.

Skills

Treasury leadership

Cash management

Cash forecasting

Funding & credit

Bank relationships

Team management

English fluency

Education

University degree in Finance or related field

MBA

Tools

Oracle

SAP

Job description

Overview

At PepsiCo, you’ll discover a place where our mission is to create smiles around the world. With a portfolio of more than 500 beloved brands including, Pepsi, Doritos and Lipton Ice Tea, our work touches millions of people every day.

At the heart of the company is a team of thinkers, creators, and problem-solvers who collaborate to innovate and turn ideas into action. Driven by innovation and a focus on creating joyful moments through food and drinks, our decisions are guided by consumer centricity, creating opportunities for our associates to do meaningful work and make a lasting impact in the communities we serve.

Whatever your role, you’ll be part of a global community that values your ideas and empowers you to make an impact, on your career and on the world around you.

Responsibilities

• Lead all treasury functions of BU and managing the service provider (IBM) and other service providers in the team. (2 employees insource, 3 employees outsource)


• The position works closely with Corporate Treasury and financial institutions to optimize cash deployment, maintain funding flexibility, preserve value in high-inflation conditions, and mitigate the impact of changing market and regulatory conditions on business performance.


• Oversee the optimization of cash flow, ensuring efficient utilization of funds.


• Review and continuously enhance cash forecasting methodologies and improve forecast accuracy and support effective cash, funding, and working capital management decisions with Corporate Treasury.


• Determine funding needs and making credit lines available, if necessary, in line with PepsiCo Treasury by evaluating and monitoring the global and local markets.


• Secure payment obligations, and lead supplier payment processes with different stakeholders.


• Review payments/collections cycle through banks on a daily basis. Ensure optimum collection methodologies (Credit Card, Cash, Wire, DDS, Check etc.) in terms of cash management in a fast-paced economical environment.


• Manage and coordinate all related sub-ledger-GL reconciliations regarding treasury functions.


• Manage the relationship and operation with banks and coordinate with the corporate treasury.


• Manage the new developments on the central bank side, new regulations’ impacts on the business cash position, and working capital, preparing action plans and reports accordingly


• Prepare and share all the analysis & reports with corporate treasury and management on a quarterly/monthly basis.


• Secure proper insurance coverage of assets, business, and liabilities, managing brokerage relations and HQ communications.


• Lead and mentor the treasury team, guiding daily activities and strategic initiatives.


• Evaluate, implement, and oversee the use of treasury management systems and other financial technologies.


• Provide leadership on system developments and projects. Ensure that there is strong coordination with Finance, IT, Legal, and Sales departments.


• Evaluate the financial implications of project decisions and providing recommendations.


• Prepare and present regular financial reports to project stakeholders.


• Communicate financial performance, variances, and key metrics to project teams and management.

Qualifications

• Min 8+ years in Finance with strong accounting and treasury knowledge


• University Degree in Finance, Business Administration, Economics, Industrial Engineering or MBA


• Excellent knowledge of English


• Excellent knowledge of MS tools as well as ERP systems such as Oracle, SAP


• Strong team and management skills


• Excellent communication skills


• Attention to detail and strong analytical skills


• Ability to effectively manage time and operational workload through correct prioritization and process simplification