2024 Summer Intern: Strategic Finance -UndergradAt — PepsiCo

2024 Summer Intern: Strategic Finance -Undergrad

Job Description

Overview

We are PepsiCo

PepsiCo is a playground for curious people. We invite thinkers, doers, and changemakers to champion innovation, take calculated risks, and challenge the status quo. From executives to leaders on the frontline, we’re excited about the future. We take chances. Together, we dare to make the world a better place.

Our associates are the magic ingredient. Each of them plays an integral role in helping create deep connections between people and our products. Think about your last group celebration: Chances are, one of our iconic brands was by your side. At PepsiCo, you’re invited to be a part of a global team of innovators who make, move, and sell these products—which are enjoyed by more than 1 billion people a day.

A career at PepsiCo means working in a culture where everyone’s invited. Here, you can dare to be yourself. No matter who you are or where you’re from, you can influence the people around you and the world at large. By showing up, you’ll have the opportunity learn, develop, and grow our unique skill sets at work. Our supportive teams can fuel your professional goals to make a global impact.

Join us. Dare for Better.

Functional Description:

Put your financial experience to work for some of the world’s most beloved brands with a career at PepsiCo. With many billion-dollar brands sold in over 200 countries and territories around the globe, you’ll have opportunities to help shape the future of one of the world’s largest companies.

PepsiCo Finance partners have a seat at the table across all facets and functions within the company. As a Finance professional, you’ll have the opportunity to explore a multi-disciplinary career path across a broad number of functions, and contribute meaningfully towards creating smiles for consumers, driving full-potential performance and achieving our Winning with Purpose vision. Finance associates at PepsiCo embody four key roles that create value for our business: Enhance enterprise value as a ‘Trustee’, deliver sustainable performance and results as an ‘Integrator’, reshape the business as a ‘Catalyst’ of change and set the long-term strategy as a ‘Navigator’.

Successful interns gain a foundation of the functional and organizational skills needed to contribute to these conversations as they rotate through different teams over the course of their career. Because the internship program is a critical feeder of future Finance leadership, interns must learn to take the risks and ask the questions required of the company’s rising stars.

Responsibilities

PepsiCo Finance is made up of the following functional areas across all divisions, unless otherwise noted:

• Brand and A&M Finance builds annual and long-term strategic brand plans, prepares the business case for innovation and manages marketing budgets across all brands. Associates partner with Marketing and other cross-functional teams to build plans, allocate resources and performance manage against KPIs.
• Financial Planning manages sector and corporate financial performance through action-oriented analytical insights and traditional financial tools. FP&A associates focus on the development of monthly forecasts, the annual operating plan, and the three-year strategic plan.
• FP&A partners with senior management to prepare presentations for the Executive Committee and Wall Street.
• National Account/Customer Finance partners with the Sales organization to develop key customer strategies and manage performance. Associates develop customers’ annual operating plans, quarterly business plans, and period forecasts, analyze promotional activity and recommend trade spend allocation.
• Revenue Management sets retail pricing and package architecture strategy, advises on customer portfolio strategy and manages trade spend. Revenue Management Associates assess consumer and category trends, the customer landscape and the competitive environment to develop these recommendations.
• Foodservice Finance manages PepsiCo’s on-premise business, which is comprised of full service vending, national accounts (Subway, Buffalo Wild Wings, etc.) and regional accounts. Foodservice Finance encompasses many functions including FP&A, sales finance and capital planning.
• Supply Chain Finance manages the company’s product manufacturing and distribution strategies by analyzing production, labor, transportation and selling costs. Supply Chain associates assess the historical and projected financial economics of producing and selling company products. Associates also evaluate productivity initiatives and perform capacity analyses to drive critical capital decisions and inform production planning.
• Business Transformation Finance provides strategic financial direction against transformative programs and workstreams set to influence the way that PepsiCo operates in the short and long terms. Business Transformation Finance touches all the other functional areas listed as well. (New York)

Qualifications

What you can expect:

A summer internship in Finance at PepsiCo is an opportunity to independently solve a critical business problem. Each intern is presented with a timely question for their team, and challenged to both think strategically and engage cross-functional partners to provide a provocative and comprehensive recommendation during their final presentation. This structure mirrors the project-based work process of full-time employees. Although this process lends itself to great autonomy in setting agenda, workflow and output, interns have the full support and backing of their managers and the broader Finance organization. As a class, PepsiCo Finance interns are availed of best-in-class exposure to senior leadership, education on the myriad pieces of the global PepsiCo organization, and opportunities to build relationships with fellow interns across both functions and US PepsiCo headquarters (New York, Dallas, and Chicago)

Roles available in the following locations:

• • Purchase, NY

What we’re looking for:

• Currently pursuing a degree in: Finance and/or Accounting (other related majors will be considered)
• Involvement in a minimum of one extracurricular activity
• Bright, self-starting, innovative thinkers who are passionate about consumer products
• Candidates should be able to balance a bias for leadership roles with an equal propensity for working collaboratively within teams
• Candidates should have a corporate finance interest
• Strong communication, influencing, and problem-solving skills
• Leading people or leading projects throughout your academic career (on or off campus)

Learning Outcome:

A summer internship in Finance at PepsiCo is an opportunity to independently solve a critical business problem. Each intern is presented with a timely question for their team, and challenged to both think strategically and engage cross-functional partners to provide a provocative and comprehensive recommendation during their final presentation. This structure mirrors the project-based work process of full-time employees. Although this process lends itself to great autonomy in setting agenda, workflow and output, interns have the full support and backing of their managers and the broader Finance organization. As a class, PepsiCo Finance interns are availed of best-in-class exposure to senior leadership, education on the myriad pieces of the global PepsiCo organization, and opportunities to build relationships with fellow interns across both functions and US PepsiCo headquarters (New York).

Minimum Qualifications - Each candidate is expected to:

• Graduate with Bachelor’s degree within one (1) year of internship completion
• This position is limited to persons with indefinite right to work in the United States
• Please list the following on your resume:
  • GPA

EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity

If you'd like more information about your EEO rights as an applicant under the law, please download the available EEO is the Law & EEO is the Law Supplement documents. View PepsiCo EEO Policy.

• The expected compensation hourly pay ranges for hires into our 2024 campus intern openings is $20.50 - $39.60/hour
• Role, degree discipline, degree level, and location are part of the process when determining actual starting salary for positions
• Hourly pay for our campus hires is pre-determined and non-negotiable
• We love to convert our interns to full time opportunities! Our full time positions have a comprehensive benefits package that include:
• Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement. In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan

 Please view our Pay Transparency Statement