PepsiCo is a global food and beverage leader operating in more than 200 countries with a product portfolio of 22 world-famous, billion-dollar brands. From Gatorade to Quaker, LIFEWTR to Lay’s, we make hundreds of enjoyable foods and beverages that are loved throughout the world.
Innovation is a critical way we impact the market, as well as communities around the globe. We believe there is value in products, people and planet. And we strive to make a difference by creating solutions that leave a lasting positive footprint.
Our culture is driven by our employees. No two days are the same; we’re dynamic and full of passionate teams embracing new ideas through our collaborative spirit. At PepsiCo, What Makes You Unique, Makes Us Better!
PepsiCo Finance partners have a seat at a table, and a voice in the conversation, across the company. 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.
PepsiCo Finance is made up of the following functional areas across all divisions, unless otherwise noted:
A&M Finance 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)
Brand & Innovation Finance 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.
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.
Mergers & Acquisitions is responsible for executing a wide range of transactions, including acquisitions, divestitures, joint ventures and strategic alliances. M&A associates get involved from the outset of a potential transaction, and work closely with Corporate Finance and business units throughout the process. Associates focus on structuring the transaction, leading due diligence, developing financial models, assisting with the business case and managing the internal approval process. (New York)
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.
Treasury manages corporate liquidity as well as foreign exchange and commodity exposure. Treasury associates develop cash flow forecasts and mobilization strategies, invest cash balances, evaluate financing proposals, execute FX & Commodity hedging plans, and review insurance coverage and terms to support annual renewals. (New York)
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 relationship with fellow interns across both functions and US PepsiCo headquarters (New York, Dallas and Chicago).
PepsiCo is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, disability or protected veteran status. If you’d like more information about your EEO rights as an applicant under the law, please download the available EEO is the Law (http://pep.jobs/eeo-poster) & EEO is the Law Supplement (http://pep.jobs/eeo-poster-supplement) documents by copying and pasting the appropriate URL in the address bar of your web browser.
What we’re looking for:
Currently concentrating in: Finance (other related concentrations will be considered)
Bright, self-starting, innovative thinkers who are passionate about consumer products
Demonstrated leadership skills and the ability to collaborate within teams and across functions
First-year MBAs should demonstrate leadership experience and corporate finance interest
Strong communication, influencing, and problem-solving skills
Bias for working with numbers
Graduate with MBA degree within one (1) year of internship completion.
Be legally authorized to work in the U.S. without the need for current or future work authorization or visa sponsorship for employment.
List the following on submitted resume:
GPA (unless your school has a non-disclosure policy) & GMAT score
1st location preference (See ‘What you Can Expect’ for role locations)
PepsiCo is the #1 food & beverage company food in North America; the second largest in the world, recently noted as one of Fortune 100 “Most Admired” companies. The company employs 300,000 associates worldwide, and its products are sold in over 200 countries around the globe. Our diverse product portfolio includes 22 brands that each generates more than $1 billion each in annual retail sales, including: Doritos, Mountain Dew, Gatorade, Cheetos, Pepsi and Tropicana. PepsiCo has three headquarter locations in the U.S. Chicago (Quaker Foods, Tropicana, and Gatorade), Purchase, NY (Pepsi Beverages) and Plano, TX (Frito Lay). PepsiCo’s commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a spectrum of convenient foods and beverages, reducing the company’s impact on the environment through water, energy and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent.
Equal Opportunity Employer: Minority/Female/Disability Protected Veteran