About PepsiCo

PepsiCo is one of the world's leading food and beverage companies, with an extensive portfolio that includes iconic brands like Pepsi, Gatorade, Lay's, and SodaStream. Operating in over 200 countries, PepsiCo employs hundreds of thousands of passionate individuals dedicated to delivering innovative products and sustainable growth. In Israel, through its SodaStream division, PepsiCo continues to lead in the sparkling water and beverage innovation space, fostering a dynamic work environment in Kefar Sava and beyond. As a Payroll Accountant at SodaStream, you'll contribute to the financial backbone of operations supporting approximately 500 employees across diverse roles.

Role Overview

The SodaStream Payroll Accountant position at PepsiCo in Kefar Sava, Israel, is a critical full-time role reporting to the Payroll & Benefits Manager for Israel. This position involves performing accurate payroll accounting for a workforce of around 500 employees, encompassing global staff, hourly workers, and various employment types. You'll ensure compliance with Israeli labor laws, internal policies, and deadlines while providing exceptional service to employees and managers. Collaboration with HR, Finance, Social Security, Tax Authorities, and insurance providers is key. Occasional travel to operational sites in Lehavim and Ashkelon may be required, offering exposure to PepsiCo's broader operations.

Why This Role Matters

In a fast-paced food and beverage sector, precise payroll management directly impacts employee satisfaction and operational efficiency. At SodaStream, part of PepsiCo's global network, you'll handle complex payroll cycles, audits, and regulatory reporting, playing a pivotal role in maintaining financial integrity.

Key Responsibilities

Your day-to-day duties will keep you at the heart of PepsiCo's payroll operations:

• Calculate monthly payroll for approximately 500 employees, including global, hourly, and senior positions, ensuring accuracy across diverse employment types.
• Manage employee onboarding in payroll systems, update personal details, and generate essential forms for seamless integration.
• Handle termination processes, calculating entitlements, preparing tax forms like Form 161, and reporting to authorities.
• Liaise with Social Security, Tax Authorities, and insurance companies for monthly/annual reporting, tax refunds, and employee requests.
• Perform rigorous monthly payroll audits to identify discrepancies and uphold data integrity.
• Participate in cross-departmental initiatives, including regulatory updates, process improvements, and system implementations.
• Deliver professional guidance to employees and managers on payroll and labor law matters.
• Collaborate closely with HR, Finance, and senior management teams to support organizational goals.

Qualifications & Requirements

To excel in this Payroll Accountant role at SodaStream PepsiCo, candidates must meet these essential criteria:

• Minimum 5 years of hands-on experience in payroll accounting within large organizations.
• Proven expertise with computerized payroll systems; knowledge of Hilan systems is a significant advantage.
• Deep understanding of Israeli labor laws, collective agreements, and payroll regulations.
• Certified Payroll Accountant diploma – mandatory requirement.
• Excellent teamwork, interpersonal communication, and ability to interface across departments.
• High attention to detail, responsibility, and capability to thrive under pressure.
• Experience managing payroll for diverse groups: hourly workers, global employees, and executives.
• Good knowledge of English, alongside Hebrew proficiency for local compliance.

This role demands precision and adaptability in a high-volume environment, with occasional site visits enhancing your operational insight.

Benefits & Perks

PepsiCo offers a premium compensation package tailored to top talent:

• Competitive estimated salary range of $18,000 - $26,000 USD annually, based on Food & Beverage sector rates in Israel with a buffer for growth potential.
• Comprehensive health insurance, pension contributions, and wellness programs.
• Generous paid time off, parental leave, and flexible work options where applicable.
• Access to PepsiCo's global learning platform for certifications and skill-building.
• Employee discounts on PepsiCo products, including SodaStream machines and beverages.
• Modern office in Kefar Sava with collaborative spaces and team-building events.

Career Growth

At PepsiCo, career progression is a reality. Starting as a Payroll Accountant, you could advance to Payroll Manager, HR Business Partner, or Finance leadership roles. SodaStream's integration into PepsiCo provides exposure to international projects, system upgrades, and cross-functional teams. With mentorship from the Payroll & Benefits Manager and access to global training, high performers see rapid advancement. PepsiCo's commitment to diversity and inclusion ensures equal opportunities for all.

Why Join Us

Joining SodaStream at PepsiCo means becoming part of a legacy of innovation in the beverage industry. Kefar Sava offers a vibrant location with proximity to Tel Aviv's tech hub, combining professional excellence with work-life balance. Work on cutting-edge payroll systems, contribute to sustainability initiatives, and impact a brand loved worldwide. PepsiCo values integrity, collaboration, and bold thinking – qualities that define our winning culture. If you're a detail-oriented payroll expert ready for a premium career move, this is your opportunity.

Role FAQs

Q: Is travel required? Yes, occasional visits to Lehavim and Ashkelon sites.

Q: What payroll systems are used? Computerized systems, with Hilan knowledge preferred.

Q: Is the Certified Payroll Accountant diploma required? Yes, it's mandatory.

Q: What's the team size? Part of a collaborative payroll team handling 500 employees.

Q: How does PepsiCo support professional development? Through global programs, certifications, and internal mobility.

Q: Is English sufficient? Good English knowledge is required, alongside local language skills.