Manager, PepsiCo Sugar Procurement will have responsibility for financial reporting for North America sugar (L) which includes commodity hedging/coverage, pricing updates, sugar buy plan management, financial modeling and RFP analysis. This role with work with procurement finance, control, supply assurance, R&D, supply chain and sustainability to deliver on category goals.

The Manager will work with Director to develop end-to-end sourcing strategy, and work across US, Canada and Specialty sugar sub-categories. This role will support sugar category to deliver cost efficiencies while ensuring robust supply, managed commodity risk and quality supporting the procurement of (~$600MM annual spend) Sugar in North America for ~130 plants.

The Selected Candidate:

• Reports solid line to Director, North America Sugar Procurement
• Will have matrix management responsibilities, partnering and influencing across multiple levels and organizations, to drive the Sweetener Category Management agenda

• Design and execute the sourcing strategy for PBNA & PFNA Sugar supplied locations (including bottlers and non-Procurement managed bottlers) in US and Canada. KPIs include Productivity, Cash Flow, Risk Management, and Supply Assurance
• Conduct industry analyses, lead supplier negotiations to achieve best-in-class economics, develop robust business continuity plans, drive supplier performance on a daily basis, and build a pipeline of productivity initiatives
• Build cost models and manage the category’s financial reporting – 13 Periodic Business Updates, Annual Operating Plans, 5-Year Strategic Business Plans and ad hoc analyses as needed. Partner closely with the PBNA Procurement Finance, PBNA Supply Chain Finance teams & Procurement Control team to update sugar pricing
• Share market intelligence, price forecasts, supply/demand dynamics, and insights on sourcing strategies across business units and sectors
• Develop long-term, strategic sourcing recommendations supported by research and analysis of fundamental NA market factors, including industry and competitor analyses and acceleration of Sustainability goals
• Partner closely with PEP R&D, Quality, Sustainability, and Commercialization teams to qualify new materials and/or new suppliers to support Productivity, Innovation, and Business Continuity
• Incorporate current business practices and identify areas of opportunity with a focus on total cost reduction and supply optimization

Compensation and Benefits:

• The expected compensation range for this position is between $106,400 - $178,100
• Location, confirmed job-related skills, experience, and education will be considered in setting actual starting salary. Your recruiter can share more about the specific salary range during the hiring process
• Bonus based on performance and eligibility target payout is 12% of annual salary paid out annually
• 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

• Minimum undergraduate degree in Business Administration, Finance, Economics, Mathematics, Computer Science, Engineering, Operations Management, Food Science, Supply Chain, Agriculture, or related quantitative/analytical areas of study. MBA or Masters preferred
• 5 years of procurement experience and/or related negotiation & financial management rolesStrong quantitative skills, data-driven decisions (strength in Excel), and analytical thought leadership that drives strategy development and execution. Ability to translate complex business problems into clear, concise solutions (strength in PowerPoint)
• Direct management and expertise in food and beverage ingredients markets (traded and non-traded) e.g., World Sugar #11, US Sugar #16, sweeteners, niche ingredients
• Ability to interpret and succinctly communicate market dynamics for senior management and non-expert audiences
• Intellectually curious with a broad understanding of and interest in global macroeconomic, cultural and political trends
• Comfortable dealing with ambiguity creates flexible strategies and adapts quickly to changing business environment
• Strong interpersonal skills with proven ability to collaborate and influence – thrive in a matrix organization working across categories and functions to build trusting relationships internally and externally, gain stakeholder alignment, and deliver financial plans
• Effective communicator, strong oral/presentation skills and written communication
• Ability to travel as needed (<10%)

Our Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Credit Reporting Act, and all other applicable laws, including but not limited to, San Francisco Police Code Sections 4901-4919, commonly referred to as the San Francisco Fair Chance Ordinance; and Chapter XVII, Article 9 of the Los Angeles Municipal Code, commonly referred to as the Fair Chance Initiative for Hiring Ordinance.

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.

Please view our Pay Transparency Statement