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 experienced 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).
What You Will Do
PepsiCo Finance partners have a seat at a table, and a voice in the conversation, across the company, with a focus on both operational and strategic financial workstreams. 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 risks and ask the questions required of the company’s rising stars.
PepsiCo Finance is made up of the following functional areas across all divisions, unless otherwise noted:
- Manages marketing budgets across all brands. The team is responsible for planning and resource allocation, ongoing performance management and spend oversight/governance, ROI analysis and investment strategies for key areas of spend (e.g. sports/media), and productivity initiatives. (New York & Chicago).
- Builds annual and long-term strategic brand plans and prepares the business case for new innovation. Brand & Innovation associates partner with Marketing and other cross-functional teams to build financial plans and inform forecasts for the brands under their purview, provide recommendations on capital expenditures and new launches and analyze product performance. (New York & Chicago).
- 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 management to prepare presentations for the Executive Committee and Wall Street.
- 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.
- 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.
- 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.
- 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.
- 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)
Required Skills and Abilities
- 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).
- Job type:Internships
Accounting, Banking and Finance
Orlando (United States...
- Closing Date:30th Sep 2019, 6:00 pm