About PepsiCo

PepsiCo is one of the world's leading food and beverage companies, with a diverse portfolio that includes iconic brands like Pepsi, Lay's, Gatorade, and Quaker. Operating in over 200 countries, PepsiCo employs more than 300,000 people globally and generates annual revenues exceeding $86 billion. In India, PepsiCo has a strong presence with manufacturing plants, innovation centers, and a commitment to sustainable growth. As a leader in the food and beverage sector, PepsiCo invests heavily in talent development, fostering an inclusive culture where finance professionals drive strategic decision-making.

Role Overview

The Associate Manager - Finance role at PepsiCo's Hyderabad location is a pivotal position within the plant finance team. This full-time role focuses on leading cost planning, forecasting, and reporting processes for a specific plant or location. You will ensure financial accuracy, timely submissions, and actionable insights that support operational excellence. Collaborating with procurement, supply chain, and plant teams, you'll analyze variances, challenge assumptions, and champion financial best practices. This is an opportunity to contribute to PepsiCo's Annual Operating Plan (AOP), monthly forecasts, and year-end activities while honing your expertise in Cost of Goods Sold (COGS).

Why This Role Matters

In the dynamic food and beverage industry, precise financial management is crucial for profitability and efficiency. At PepsiCo, you'll play a key role in optimizing costs, improving forecast reliability, and providing data-driven recommendations that impact the P&L directly.

Key Responsibilities

As Associate Manager - Finance, your core duties include:

• Executing the Plant/Location’s AOP, monthly and deep-dive quarterly forecasts, performing analytics, and challenging assumptions before review with the local COGS Finance Manager, highlighting key variances.
• Managing periodic and month-end close processes to ensure results are delivered Right First Time (RFT) and on schedule.
• Reviewing monthly rate variances, ensuring understanding and corrections with procurement and supply chain before costs hit the P&L.
• Identifying inconsistent trends against AOP/forecasts and recommending standard cost changes with clear financial impact analysis.
• Collaborating with Plant COGS teams for accurate planning and reporting, monitoring periodic variances.
• Championing the finance agenda by training procurement and supply chain teams.
• Preparing annual AOP standards, validating index changes, and supporting year-end cost roll activities.

Qualifications & Requirements

To succeed in this role, candidates should possess:

• 3+ years of experience in finance, planning, and/or accounting, with strong financial skills and excellent problem-solving abilities.
• Excellent working knowledge of COGS processes and ability to analyze large datasets into meaningful insights.
• MBA, CA, or CMA preferred, along with proficiency in financial systems like BOBJ, Essbase, PowerBI, Excel, and SAP.
• Exceptional communication skills in English, stakeholder management across geographies, and a detail-oriented, independent approach.
• Demonstrated urgency, courtesy, patience, and organizational skills in document maintenance.

Preferred Experience

Prior exposure to manufacturing or food & beverage sectors, with a track record of driving financial accuracy in high-volume operations.

Benefits & Perks

PepsiCo offers a premium compensation package tailored for top talent:

• Estimated salary range of INR 16.5L - 27.5L per annum, based on experience and sector benchmarks with a buffer for high performers.
• Comprehensive health, dental, and vision insurance, plus wellness programs including gym memberships and mental health support.
• Performance-based bonuses, stock options, and retirement savings plans.
• Generous paid time off, flexible hybrid work arrangements, and employee assistance programs.
• Access to on-site cafeterias with PepsiCo products, transportation allowances, and family-friendly policies.

Career Growth

PepsiCo is committed to your professional advancement. This Associate Manager role serves as a launchpad to senior finance positions, regional leadership, or global rotations. With structured development programs, mentorship from senior executives, and opportunities to work on cross-functional projects, you'll build a rewarding career. Many PepsiCo finance leaders started in plant roles like this, progressing to strategic finance and beyond.

Learning & Development

Enjoy tuition reimbursement for advanced certifications, leadership academies, and digital learning platforms focused on finance analytics and AI-driven forecasting.

Why Join Us

Joining PepsiCo means being part of a purpose-driven company that prioritizes sustainability, diversity, and innovation. In Hyderabad, you'll work in a state-of-the-art facility, contributing to India's growing food and beverage market. PepsiCo's culture emphasizes collaboration, integrity, and bold thinking, offering unmatched stability and global exposure. With a focus on pep+ (PepsiCo Positive), you'll impact communities through sustainable sourcing and reduced emissions initiatives.

Role FAQs

What is the work schedule?

This is a full-time role with standard business hours, potential for hybrid flexibility, and occasional travel to plants.

Is relocation assistance provided?

Yes, for eligible candidates, PepsiCo offers relocation support to Hyderabad.

What tools will I use daily?

SAP, PowerBI, Excel, Essbase, and BOBJ for advanced financial modeling and reporting.

How does this role fit into PepsiCo's finance structure?

You'll report to the COGS Finance Manager, partnering with supply chain and procurement for plant-level P&L ownership.

Are there opportunities for international exposure?

Absolutely, PepsiCo's global network provides rotations and projects across regions.

Ready to elevate your finance career at PepsiCo? Apply now and be part of shaping the future of food and beverage excellence.