Job Description
About us
PepsiCo is a large business in Reading. Our goal is to 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 $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com..
We’re looking for a high performing Financial Accountant to join our Financial Control team here at PepsiCo. This role is a great step into industry; the post holder will be responsible for managing statutory accounts for all UK legal entities (total of 17 entities, 3 active trading companies). They will also lead the implementation of any new IFRS requirements for all UK legal entities, UK Pension scheme accounting and reporting processes and related activities, and manage KPMG audit process for UK statutory audits. Project management is a core skill required for this role as the postholder will lead UK projects within the UK reporting team.
Working model: Hybrid in Reading, Green Park office
Responsibilities:
- Manage the completion of UK GAAP statutory accounts including preparing the more complex elements of the main trading entities such as share options and pensions, lease accounting and US to UK GAAP adjustments
- Support the UK Tax Manager with the completion of the UK corporation tax computations and returns, with key involvement in preparing and reviewing the more detailed and complex areas such as pensions, fixed assets and other expenses
- Manage and train a team of 2 offshore IBM team members in delivery of IBM Statutory & tax team, preparation of the less complex areas of the statutory accounts and tax computations of the main trading entities, in addition to the non-trading and dormant entities
- Implementation of any new statutory reporting requirements under FRS101 for all UK legal entities (when arrived)
- Key contact with KPMG (external advisors) for statutory audits
- Design and maintain monitoring procedure for statutory and corporation tax processes
- Identify and assist in remediating any weaknesses and implementing simplification and continuous improvement activities within the Statutory and tax accounting processes
- Provide ad hoc project support to other members of the UK reporting team for areas such as cash mobilisation and restructuring
- Bank administrator responsibilities – maintaining, adding and removing users from HSBC and BOI accounts
- Control Owner for GCS & SOx controls in areas of core responsibility
- Prepare quarterly and annual forecasting of pension balances
Qualifications:
- Qualified financial accountant (ACA, ACCA, FCA) - first time passes desirable
- Solid understanding of UK GAAP and IFRS and UK statutory reporting requirements. US GAAP and FRS101 knowledge would be an advantage
- Strong communicator, capable of influencing external advisors
- Good project management skills
- Self-starter, proactive approach
- Corporation tax accounting experience an advantage
We are an equal opportunity employer and comply with the Equality Act 2010, we value diversity at our company; it is an essential part of our success. We do not discriminate on the basis of age, pregnancy or maternity, marital/civil partnerships, religion or belief, sex or sexual orientation, gender or gender reassignment, disability or race including; colour, nationality, ethnic or national origin.
Job Types: Full-time, Permanent
Salary: £50,000.00-£59,122.00 per year
Benefits:
- Company pension
- Cycle to work scheme
- Free parking
- Gym membership
- Health & wellbeing programme
- Private medical insurance
- Work from home
Schedule:
Supplemental pay types:
Ability to commute/relocate:
- Reading: reliably commute or plan to relocate before starting work (required)
Application question(s):
- Are you a fully qualified accountant?
- Can you work in a hybrid model ( 2 days a week in an office in Reading)?
- What are your salary expectations?
- What is your notice period?
- Do you have right to work in the UK? ( Please provide what type of documents you hold)
Work Location: In person
Reference ID: 2023-234880