Manager, Controls & Reporting

PepsiCo · Gurugram

Overview

Controls and Reporting is an important function which works very closely with sector and India region Finance function to ensure timely and accurate submission of results, anchors audits (Statutory, USGAAP, Tax Audit, Transfer Pricing Audit, Corporate Audits), leads the overall simplification agenda within controls for India Region.

The incumbent plays a critical role within the control organisation. Then incumbent works with internal and external stakeholders including other Finance operations, commercial and planning teams, Internal Audit team, External Statutory, tax and USGAAP auditors, Corporate Auditors and IBM. Incumbent would ensure timely submission of quarterly Ind-AS compliant financials; improvement, standardisation and simplification of processes and closure of annual statutory audit.

Responsibilities

Key Accountabilities:

Key deliverables for this role includes:

Review and finalisation of Annual Ind AS compliant standalone and consolidated financials along with notes to accounts and relevant disclosures
First person responsible for closing statutory accounts and coordinating with statutory audit for specific legal entities
Preparation of quarterly Ind AS compliant financial results
Assist Region Controller/ Control & Reporting Associate Director in aspects of technical accounting and reporting aspects for Indian accounting
Drive process compliance and controls execution at the reporting function related to Statutory audit
Support compliance to quarterly reporting calendar and checklist by ensuring timely and accurate closure of quarterly financials
Preparation of Gratuity, LE and Bonus calculation and true up entries based on actuarial reports
Support the cross functional teams in its calendar and closing checklist compliance
Preparation of schedules for and closure of Tax audit and Transfer pricing audit within the timelines
Preparation of advance tax calculation of the legal entities
Set up and drive robust reporting process

Communication / Reporting:

Computation of deferred tax expense in consultation with tax team and provide support to tax team for computation of current tax
Computation of Employee Benefit Expense as per Ind AS 19
Ensure details are provided to Tax Team for Tax Audit as per the requirement
Preparation of IGAAP vs USGAAP reconciliation
Ensure proper reporting of Struck off companies
Preparation of Media briefing report

Drive / Monitor:

Drive development, implementation and maintenance of accounting policies
Develop optimal accounting structure and procedures for Indian Accounts and minimise the out of books entries at quarter/ year end
Improving the overall process for quarterly closure of Indian books while working with all the key stakeholders
Liaison with respective departments (Commercial, Supply Chain, HR etc) for collation of data and reporting out

Review / other activities:

Review and preparation of quarterly/ annual financials and Cause of Changes with business drivers of Key schedules
Ensure compliance of Ind AS, IFC and other statutory requirements
Ownership of closure for issues raised in interactions with Statutory Auditors

Talent / People:

Drive organisation Health Survey Score
Leverage Finance University to develop self
Build capability by driving certifications & courses
Cross functional collaboration and taking others along

Qualifications

Qualifications & Key Competencies:

Chartered Accountant (CA) with 7-10 years of experience in Financial Reporting, Controllership, Audit Management, and Accounting.
Prior experience with a Big 4 audit firm
Strong understanding of Ind AS/IFRS, financial controls, governance, and statutory reporting.
Experience working in a multinational organization, preferably FMCG or a large corporate environment.
High level of accuracy and precision in reviewing financial data, reconciliations, and reporting. Also, ability to manage multiple priorities in a fast-paced environment while maintaining high standards of accuracy and efficiency.
Experience leading teams, mentoring staff, and driving performance improvement initiatives.
Strong stakeholder management, analytical, and problem-solving skills.
Proven ability to partner with senior finance leaders, auditors, shared service teams, and cross-functional stakeholders.
Proficiency in SAP, Microsoft Excel, Power BI, and reporting systems.
Excellent communication and leadership skills with the ability to influence and drive outcomes across teams.