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PepsiCo; Chicago (IL); On-site; USD 180,000 - 240,000; Full time

Job summary

The R&D Strategy and Portfolio Management team at PepsiCo seeks a Sr. Director, Global R&D Foods, Strategy and Portfolio Management to lead the portfolio of strategic options and align R&D investments with priorities across Global R&D Foods.

This leadership role reports to the SVP Foods R&D and collaborates with senior management to balance short- and long-term objectives, risks, and costs.

Qualifications

• MSc in Food Science, Chemistry, Biology, Engineering or equivalent with 15+ years in Food/Beverage/CPG.
• Proven leadership across end-to-end R&D work in global foods.
• Strong business sense to land strategic solutions and compelling business cases.
• Experience with transformational initiatives and data analytics.
• Ability to navigate a matrix organization with clear communication.

Responsibilities

• Define and manage a portfolio of strategic options aligned with Global Foods.
• Develop sector Annual Operating Plan (AOP) and mid-year adjustments.
• Collaborate with S&PM leadership on investments and tradeoffs for AOP.
• Integrate local project portfolios with R&D AOP across project types.
• Implement value-based portfolio management and analytics.
• Lead strategic planning and insights for Global Foods category.
• Drive organizational change with integrated strategies and data requests.
• Partner with Finance & HR on budget and resource planning.
• Share competitive intelligence and best practices across S&PM and R&D.

Skills

Portfolio management

Strategic leadership

Data analytics

Financial analysis

Education

MSc in Food Science, Chemistry, Biology, Engineering

Job description

Overview

The R&D Strategy and Portfolio Management team helps drive R&D’s contribution to PepsiCo’s long-term profitable and sustainable growth agenda. This role ensures that R&D resources and investments are aligned with strategic priorities across Global R&D Foods. We're in search of a qualified R&D Sr. Director, Global R&D Foods, Strategy and Portfolio Management, whose responsibilities of this position will be focused on managing and maintaining oversight of R&D Global Foods strategy and Portfolio management. This is a pivotal role in defining Strategy and Portfolio Management activities for Global R&D Foods partnering with senior management to create, define and manage the portfolio of strategic options that best delivers the R&D organization’s vision, balancing short- and long-term objectives, risks and costs. This role will report to the SVP Foods R&D and dotted line to the VP S&PM. The S&PM R&D Global Foods Lead will be part of the R&D Global Foods Leadership Team and R&D Strategy Leadership Team, ensuring the delivery of our overall R&D Global Foods Strategy and Portfolio as a core component of the overall Global R&D Portfolio.

Responsibilities

Principal Accountabilities:

• Defines and manages a portfolio of strategic options that align with Global Foods priorities.
• Responsible to develop sector Annual Operating Plan (AOP) and ensure any adjustments through the year
• Collaborates with S&PM leadership to develop and ensure investments and tradeoffs for AOP process for all sectors.
• Collaborates closely with Sector Opex leads to establish integration of local project portfolio with R&D AOP for all project types (Innovation, TBS, productivity, etc.) and linkage to other systems PLM, MyInnovation, Clarity etc.
• Implement value-based portfolio management and enhancing portfolio analytics.
• Support Global Foods organization n leading strategic planning and strategic insights for the category (e.g., sector footprint assessment).
• Implement change throughout the organization where needed by building integrated strategies and supporting data and insights requests across Sectors.
• Cross-functional partnership with Finance & HR functions for budget and resource planning
• Facilitate competitive intelligence, external benchmarking, best practice sharing across S&PM leads and R&D organization.

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Qualifications

• MSc in Food Science, Chemistry, Biology, Engineering or equivalent with 15+ years of experience in Food/Beverage or CPG industry with emphasis on product development, technology development and strategy experience in a variety of positions both internally and externally
• A leader who has technical credibility with both depth and breadth of the E2E R&D work in categories and functions
• Strong understanding of Global R&D Foods
• Strong grasp of the business to create compelling vision & business case to land strategic solutions.
• Knowledge and implementation experience with transformational initiatives.
• High level of business acumen, strong communication, leadership composure, and influencing skills to drive transformational initiatives.
• Experience in data analytics and financial analysis with effective organization, & presentation skills.
• Ability to manage multiple priorities & comfort in matrix organization.