Sr.Planning and Budgeting Manager
PepsiCo
Total years of experience :21 years, 9 Months
• Awarded with best performer of Region for quality submissions for 2016 by Region Planning Director
• Awarded with Performance with Purpose award from Sector CFO in Dec 2016
• Awarded with best employee of the year in Jul 2015 from CU CFO and GM
• Awarded with Above and Beyond recognition from Region President and PepsiCo Saudi GM in Sep 2013 for leading the financial reporting project (Financial shared services) moving back end activities to IBM
• Awarded with GCCF performer of the year award in Nov 2012 (Implementation of BI (Business Intelligence) module in SAP used for profitability Analysis)
• Awarded with MEA Region excellence award in July 2012 (Error free reporting for 4 consecutive quarters)
• Awarded with GCCF best employee of the year award in Q4 2011
• Awarded with AMEA Division Planning star award in Q4 2010
• Awarded with GCCF best employee of the year award in Q4 2010
• Awarded with GCCF best employee of the year award in Q2 2009
• Awarded with employee on fast track award from CFO in 2008
• Awarded with the star award from Region president in 2006 for handling multiple responsibilities
• Acknowledged by PepsiCo Region office for being Hyperion/HFM expert and problem solver.
• Team member of successful SAP implementation and lead role in Project System & Investment Management Module.
• Support BU leadership team in a broad range of Financial Planning and Analysis activities including the development of short-term and long-term performance plans, forecasts/ targets and Support BU CFO in target setting, communication to stakeholders
• Provide insights of key business drivers to close forecast gaps and enhance business performance
• Lead the development of Strategic Business Plan, Annual Operating Plan, and Quarterly and Monthly Forecasts
• Lead in Revenue Management and Productivity agenda
• Lead the process of Quarterly OCF call which includes preparation of BOY and YTD/ FY presentation of working Capital and OCF.
• Played key role in building pricing scenarios which resulted in improvement of revenue in key markets (Saudi and Iraq)
• Moreover, support CFO by providing timely and accurate financial scenarios in order to help the business make proactive decisions
• Coordinate with Region to meet key data requests
• Presentation of Annual Operating Plan and Strategic Plan to Region and Sector Finance team
• Governance over deliverable as per region FP&A calendar so that timely and qualitative submissions.
• Work closely with CFO on requirements to develop new reports, templates to support in business decision making process
Key responsibilities
• To ensure that all daily transactions are processed in an accurate and timely manner utilizing the implemented accounting software.
• Preparation & closing monthly books of accounts and comparison with Yago and Plan.
• Preparation and presentation of monthly executive deck to leadership team (GM and his direct reports).
• Presentation of monthly BSR (Balance Sheet Review) to CFO & other finance function.
• Preparation and presentation of Quarterly Cash flow presentation to MEA region and Sector.
• Coordinate the accounting and recording of financial transaction in accordance with USGAAP, PepsiCo policies and in accordance with local statutory requirements on SAP.
• Ensure the timely development of relevant and reliable financial information to all ‘stakeholders’ (local statutory reporting, Shareholders, BU/Region, PI etc.).
• Prepare annual statutory accounts for local regulatory purpose and shareholders.
• Coordinate statutory Audit & periodic/annual filing of tax & Zakat returns.
• Work on local Zakat/tax initiatives and ensure timely filings.
• Coordinate with corporate treasury for compliance on all treasury related matters and investment.
• Prepare monthly cash forecast and daily bank position for management.
• Preparing GCS (Global control standards) for Finance function and Sustain COSO process; risk assessment, update process flows, key controls, etc.
• Evaluating the effectiveness of the control through testing (quarterly and/or as required).
Key responsibilities:
• Preparation and presentation of Annual Operating plan, Quarterly business review and three year plans to region.
• Provide support and competitive inputs on the business and finance review for QBR, quarterly forecasts, I&G Plan (Investment & Growth Plan) and AOP (Annual Operating Plan). Ensure a quality review is carried out with CFO before presentation and submission.
• Responsible for submitting the AOP, I&G Plan and Quarterly forecast in Hyperion/HFM.
• Preparing monthly Outlook (P&L) and sending to region after getting reviewed and approved by management.
• Preparing and submitting the Capex Tracking report for capital spending by project to region after getting input from project owners on completion of project and plans on balance spending.
• Preparing the monthly bright spot and hot spot report after getting input from all departments and sending to region.
• Compile volume gap analysis by brand / pack / province / channel / city and present to the management for better decision making.
• Responsible for making AOP, I&G Plan and Quarterly Forecast for Quakers and GMD (Global Marketing Development) which is part of MEA Snacks.
• Provide support to management on ad hoc projects as required. Conduct independent ad hoc projects. Currently handling UAE business plan project (Scenarios building for better profitability and expense leverage).
• Provide collaborative financial and analytical support to the Sales team to support the construction and delivery of their annual net revenue plans.
• Preparing and presenting Monthly Operating Review which covers company’s performance for the month and YTD.
• Variance analyses for overheads actual vs. Plan and Forecast and reporting reasons for variance to the Management.
• Own the construction of the latest account net revenue forecast each month, including responsibility for forecasting the performance of retail promotions and new products and working closely with F&R to make any adjustments to the base forecast.
• Steward the process for ensuring all prospective account promotional investments are evaluated and approved appropriately within the business.
• Monitoring and control of promotional funds within approved budgets.
• Responsible for budget control for Discount & Allowance, Advertisement and Marketing and Capital spending in SAP (PS and IM module)
Key Achievements:
• Won Top performer award in year 2005
• Implemented HRMS payroll system with direct integration to Solomon financial software
Responsibilities:
• Participate effectively in the financial close process and financial balance confirmation.
• Result comparison for month vs. Plan and Forecast.
• Reporting AOP in Hyperion.
• Leverage analysis for different entities.
• Consolidating the AOP for different entities and reporting in Hyperion.
CMA
Distinction and Top in Finance subjects