Treasury Director
Posted on: 6 Feb 2021
Purchase, NY
Job Description
Job Description
This role reports to Treasury Senior Director, Risk Management and provides insurance and risk management support to PepsiCos U.S. operations (Frito-Lay, PepsiCo Beverages and Quaker Foods) in the areas of Property, Casualty, Management Liability, Global Cyber insurance programs, etc. The scope of the U.S. operations comprises over 50% of PepsiCos global revenues.
Responsibilities:
* U.S. Casualty Risk Management Support:
* Thorough analysis of casualty claims, advise on insurance and risk mitigation strategies, including retention levels and coverage limits
* Coordinate risk improvement efforts with Safety and Claims teams to reduce losses and exposures
* Advise on insurance and indemnification requirements in contract reviews to adequately transfer risk
* Support legal team in evaluating legacy liabilities and oversight of financial processes for qualified settlement funds
* SOX Control Owner for Treasury Risk Management processes
* U.S. Property Risk Management support
* Monitor and drive business risk improvements to achieve Highly Protected Risk (HPR) status and manage U.S. Property claims as needed
* U.S. Insurance support
* Lead annual actuarial review of casualty reserves
* Renew U.S. specific insurance programs and ensure best in class coverage
* Manage U.S. non-casualty (management liability, cyber, etc.) insurance claims
* Work closely with U.S. casualty claims staff and PEPs third-party administrator to monitor high cost claims
* Manage surety bond program to support business unit needs
* U.S. Business Risk Management/Insurance Reviews
* Prepare and present Property and Casualty insurance and risk reviews with the Treasury and business leadership teams
* Reviews include updating the casualty loss dashboard and reporting on risk mitigation projects
* Mergers & Acquisition / Capital expenditure Support
* Conduct merger & acquisition risk/due diligence assessments and capital expenditure risk analysis related to insurable risks
* Work with M&A team to procure Representations and Warranties insurance. Manage insurance integration of acquired operations
* Cross-Functional Collaboration
* Extensive cross-functional alignment with Legal, Tax and Control teams as well as interactions with Supply Chain, Marketing, and Global Procurement teams
Qualifications/Requirements
Requirements/Qualifications:
* Master of Business Administration (MBA) strongly preferred, especially in Risk Management or financial disciplines
* 15+ years of industry experience in a complex operating environment, strong insurance market and broker relationships
Preferred Qualifications:
* Strong technical insurance background across Property, Casualty, Cyber, Management liability, Representation and Warranties lines, including knowledge of tax and accounting implications related to insurance matters
* Excellent communication and interpersonal skills, position offer exposure to Finance leadership (Treasurer, business CFOs and Controllers, etc.)
* Able to flex and prioritize multiple projects and build cohesive and effective cross-functional teams
* Able to evaluate complex issues through an analytical framework. Experienced in developing insights from the analysis and creating executive level presentations
* Proficiency in Excel and PowerPoint
Relocation Eligible: Not Eligible for Relocation
Job Type: Regular
PEPSICO
Purchase, NY
PepsiCo, Inc. operates as a food and beverage company worldwide. The company’s Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lay’s potato, Ruffles potato, and Tostitos tortilla chips. Its Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the Aunt Jemima, Cap’n crunch, Life, Quaker Chewy, Quaker, and Rice-A-Roni brands.
The company’s North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Aquafina, Diet Mountain Dew, Diet Pepsi, Gatorade, Mountain Dew, Pepsi, Propel, Sierra Mist, and Tropicana brands; and ready-to-drink tea, coffee, and juices. Its Latin America segment provides snack foods under the Cheetos, Doritos, Emperador, Lay’s, Marias Gamesa, Rosquinhas Mabel, Ruffles, Sabritas, Saladitas, and Tostitos brands; Quaker-branded cereals and snacks; and beverage concentrates, fountain syrups, and finished goods under the 7UP, Diet Pepsi, Gatorade, H2oh!, Manzanita Sol, Mirinda, Pepsi, Pepsi Black, and Toddy.
The company’s Europe Sub-Saharan Africa segment offers snack food under the Cheetos, Chipita, Doritos, Lay’s, Ruffles, and Walkers; Quaker-branded cereals and snacks; beverage concentrates, fountain syrups, and finished goods under the 7UP, Diet Pepsi, Mirinda, Pepsi, Pepsi Max, and Tropicana; ready-to-drink tea products; and dairy products under the Agusha, Chudo, and Domik v Derevne brands. Its Asia, Middle East and North Africa segment provides snack foods under the Cheetos, Chipsy, Doritos, Kurkure, and Lay’s brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the 7UP, Aquafina, Mirinda, Mountain Dew, Pepsi, Sting, and Tropicana brands; and ready-to-drink tea products. The company was founded in 1898 and is headquartered in Purchase, New York.
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IndustryBeverages
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No. of Employees267,000
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Website
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Jobs Posted4228
